More economic activity and a better understanding of using formal financial services among rural residents are leading to good loan performance rates and increases in savings deposits in Cambodia’s microfinance industry, according to industry sources. The loan portfolios of the 35 registered microfinance institutions (MFI) and ...

Sri Lankan agricultural group Lankem Ceylon PLC says it plans to plant 20,000 hectares of rubber in Cambodia as part of a diversification strategy. Lankem chairman A Rajaratnam disclosed the strategy in the company’s annual report for the year to March, 2012, released by the company ...

Jarai ethnic minority villagers in Ratanakkiri’s O’Yadav district are demanding compensation from a villager they claim illegally cleared a sizeable portion of their community forest this year. The villagers seized two carts transporting rosewood – and the four buffaloes pulling them – out of the forest ...

An environmental protection NGO is preparing to file a lawsuit with the Kampong Speu provincial court and a complaint with the Anti-Corruption Unit against an Agriculture Department official who was allegedly paid by a development firm to issue land titles to villagers squatting on state ...

The National Assembly on Tuesday has issued the list names of chairman, vice-chairman and commission chairman in the National Assembly. Here are the list of the National Assembly’s components in fifth mandate: — Heng Samrin, National Assembly chairman. — Nguon Nhil, National Assembly’s first vice-chairman. — Khuon Sodary, National ...

The long journey on foot from the provinces to Phnom Penh began yesterday for hundreds of villagers and monks who intend to mark December 10’s International Human Rights Day by protesting outside the National Assembly. Parades of people, expected to grow in size the closer they ...

Cambodia ranked third worst in “global suffering” last year—behind Bulgaria and Armenia—a significant increase from 2011, when it ranked 14th worst, ac-cording to the worldwide polling group Gallup. A poll released last week on Gallup’s website says 34 percent of Cambodian respondents rated their lives as ...

Tepid interest in a Taiwanese-owned garment manufacturer’s planned initial public offering in Cambodia means that the deal could be priced below the midpoint of an indicative range, a person with direct knowledge of the offering said Thursday. Grand Twins International (Cambodia) PLC had planned to sell ...

Days after authorities repeatedly cracked down on demonstrations, opposition party supporters staged a rolling rally across Phnom Penh yesterday, filling up roads for hours and blocking major intersections. About 500 people with tuk-tuks and motorbikes gathered at the Cambodia National Rescue Party headquarters in the ...

Cambodia’s Supreme Court on Friday upheld a decision refusing bail to 21 people arrested during a deadly worker strike crackdown, a defense lawyer said, as dozens of supporters protested outside, calling the charges against them politically motivated and demanding their release. The top court upheld the ...

Workers aligned with the Collective Union of Movement of Workers locked three officials from the Free Trade Union inside the Ocean Garment factory in Phnom Penh for eight hours Tuesday after the two unions argued over who would represent workers in a wage dispute. Ocean’s approximately ...

Despite the depressed market conditions throughout Europe in 2013 Cambodia’s export to the EU skyrocketed. The country is well under way to take over Taiwan’s leading position in bike export to Europe. Between January and October 2013 Cambodia’s bike export showed a huge increase of no ...

The Siem Reap Municipal Court on Tuesday sentenced Cambodian lawyer Mao Tan Eam to two-and-a-half years in prison for purchasing child prostitution, but he will not spend a single day in jail after the court suspended the entire custodial sentence, an official said. Deputy provincial prosecutor ...

The Ministry of Interior yesterday reminded Cambodians of their obligation to obtain new or replacement national ID cards, a common piece of documentation required for people over 15 years of age and the validity of which had previously been extended to accommodate last year’s national ...

Prime Minister Hun Sen’s cabinet on Tuesday refused to accept a petition from some 200 farmers who traveled from Kratie province to Phnom Penh to ask for help in settling their land dispute with a plantation owner, urging them to try settling the case with ...

Workers at a Taiwanese-owned sandal factory in Kompong Cham province on strike since last week over an eight-point list of demands agreed to go back to work Tuesday after reaching a deal with management that included a monthly lunch stipend. A few hundred of the Carlington ...

Ouch Borith, Secretary of State of Ministry of Foreign Affairs and International Cooperation of Cambodia, and Ugo Astuto, director of South and Southeast Asia of the European Union, will co-chair the 8th meeting of Cambodia-EU Joint Committee to strengthen relations and cooperation between Cambodia and ...

Cambodia Association of Travel Agents says good connections and airline service from other ASEAN member countries will be the main driver to push tourism forward. The association president, Ang Kim Eang, said the increase in ASEAN travellers to Cambodia was driven by an expansion of direct ...

A huge area of Ratanakkiri province’s Virachey National Park has been declared a protected area under a European Union-funded plan that government officials say will shift forest communities away from dependence on depleted forest byproducts. Chhay Samith, head of protected natural areas at the Ministry of ...

Two of Cambodia’s largest financial service providers have reported declines in transactions stemming from key Thai border provinces as thousands of undocumented migrant workers continue to exit the neighbouring country. Third-party payments and remittance service Wing has seen a 3 per cent decline in the amount ...