The National Bank of Cambodia (NBC) will soon begin a national payment system that will allow the clearance of checks at all banks within a day, as well as facilitate intra-bank electronic payments, Nguon Sokha, director general of the NBC, said yesterday. Through the establishment of the national ...

India is considerIng establishIng a cashew nut processIng factory In Cambodia to curb exports to India from third countries, accordIng to officials at the Indian embassy. DInesh Patniak, the ambassador to Cambodia, said Cambodia produced a lot of cashew nuts that were sent to Vietnam for ...

The number of passengers arriving at Cambodia’s two main airports in the first eight months of the year increased 17.7 percent to more than 1.3 million people, compared to about 1.1 million people during the same period last year, figures released by Cambodian Airports show. Between ...

Cambodian Minister of industry, Mines and Energy on Thursday hailed Chinese companies for hugely investing in the country’s energy sector, which is a key element to support the sustainable social and economic development. Suy Sem’s appreciation was made during a bilateral meeting with Wu Yin, ...

The mortality rate for children under the age of 5 in Cambodia has fallen by 64 percent since 1990, with the most marked decrease noted over the past decade, according to a Unicef report released yesterday. The report, Committed to Survival: A promise Renewed, lists Cambodia ...

The Ratanakkiri Provincial Court will soon summon a number of people for questioning in its investigation into the brutal murder of journalist Hang Serei Odom earlier this month, a court official said yesterday. Former military police Captain An Bunheng and his wife, Sim Vy, were ...

A local journalist and a forestry officer who were arrested by military police forces in Kratie province last week for beating a man and firing a gun into the air were released on Monday as part of a compromise between the victim and his attackers. Srey ...

FRANCE 24 has concluded a new distribution agreement in Cambodia and launched on ONE TV’s Digital Terrestrial Television (DTT) offer. FRANCE 24, French version, is now available 24/7 on channel 19 of the ONE TV basic offer, for 3 dollars per month (2,29 Euros). FRANCE 24 is ...

Charoen Pokphand Group is leaning towards investing more in indochinese countries in light of their growing economies and regional trade liberalisation through the Asean Economic Community in 2015. Cambodia, Laos, Myanmar and Vietnam have a wealth of natural resources that could support the group’s products from ...

The Cambodian Investment Board approved nearly $850 million worth of Investment projects between the start of the year and the end of July, data from the Council for the Development of Cambodia (CDC) shows. AccordIng to the data, 90 projects worth $845.26 million were approved durIng the first ...

The Kandal Provincial Court on Friday tried a former provincial judge, Huoth Heang, and his clerk, Lim Kompheak, both of whom stand accused of corruption. On January 20, Anti-Corruption Unit (ACU) officials arrested Judge Heang during a sting operation in which the judge was caught accepting a ...

The Foreign Affairs Ministry has fired back at criticism over the conviction of independent radio station owner Mam Sonando on insurrection charges, accusing “outsiders” of seeking to interfere in the judicial system. Supporters say the case against Mr. Sonando for allegedly leading an anti-government movement ...

Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. ...

Acleda Bank announced on Sunday that it will expand its banking services into Burma by opening a microfinance institute there in January. ...

PHNOM PENH – Authorities are searching for three missing construction workers at a Chinese hydroelectric dam in Pursat province, after pipes burst there on Saturday, causing a flash flood. One man, who had been fishing nearby and was thought missing, has been found “safe and alive” ...

In a rare acknowledgement of deforestation concerns, Deputy Prime MInister Sok An, chairman of the National Commission for UNESCO, said the widespread clearIng of forests around Angkor Wat was harmIng views of the historic temple complex. Sok An made the remarks In Siem Reap at a ...

Officials expressed optimism that microfinance institution Prasac would be able to attract more deposit placing clients, after the inauguration of its new headquarters in Phnom Penh’s Boeung Tompun district yesterday. Representatives from the National Bank of Cambodia  and Prasac expect the new 10-storey building to enhance ...

Japanese auto parts maker Yazaki Corp. opened a wire harness factory in Cambodia on Monday, which President Yasuhiko Yazaki said will create about 600 jobs in the country immediately. The $24 million plant is in Koh Kong Province about 270 kilometers southwest of Phnom Penh. ...

Villagers travelled from Poipet to Phnom Penh yesterday to seek the prime minister’s help in ending a land dispute with military police officials. About 30 villagers travelling on behalf of families from Banteay Meanchey province’s Poipet town gathered in front of Prime Minister Hun Sen’s home ...

Located in a humble, barrack-like building with small offices that are still under construction, Global Security Solutions enjoys the proximity to its biggest customer: Toll Royal Railways. The company not only provides security for embassies, but for petrochemical companies, hotels and airlines as well. Since the ...