On his first day of questioning at the Khmer Rouge tribunal yesterday, Sar Kim Lomouth, the deputy director of the State Bank of Democratic Kampuchea, described how the national financial institution was nothing but a charade during the Pol Pot regime. Currency had been abolished and financial transactions eliminated under ...

A series of talks will be held next month to discuss the future of minimum wages in the footwear and garment industries, with their findings to be announced and enforced early next year, according to Ministry of Labor officials. ...

Minister of Public Works and Transport Sun Chanthol asked Thai experts to share knowledge with Cambodian engineers regarding ports, railways and even subways constructions. ...

Phnom Penh Special Economic Zone (PPSEZ) ‒ a listed company on the Cambodia Securities Exchange (CSX) ‒ reveled on Friday that by 2020, 50 percent of the company’s revenue would be generated by sales of services. This new target was made after PPSEZ informed the ...

Chinese-funded construction, including land clearing, several new structures and a new pier, “continues to transform” Sihanoukville’s Ream Naval Base “at a rapid pace,” a U.S. think tank said Tuesday. ...

The Cambodian Foreign Ministry yesterday announced that it was halting the operations of the US State Department-funded National Democratic Institute (NDI) and expelling all its foreign staff from the Kingdom in the next week – a move that prompted the US Embassy to fire back ...

The opening of the Cambodia Securities Exchange (CSX) was marked by a speech from Minister of Finance Keat Chhon, who urged three state-owned companies to speed up their initial public offerings. No companies, state-owned or otherwise are currently trading on the new market. Telecom Cambodia, ...

About 30 law students on Friday participated in the seventh Client Counseling Competition to put their newly acquired professional skills into practice and compete for a trip to the international competition in Puerto Rico in April. “We created the case based on this year’s theme, ...

Apsara Authority on Wednesday signed a memorandum of understanding (MoU) with three Japanese companies to conduct a feasibility study to solve various environmental problems in the Angkor area. The MoU was signed between Bun Narith, director general of Apsara Authority, Shoichi Kobayashi, chairman of the Japan ...

CAMBODIA’S prices were 7 percent higher at the end of June compared to the month in 2010, according to National Institute of Statistics official Sim Ly yesterday. Although the organisation was still preparing to release the official figures, Sim Ly said the figures would also ...

Cambodia’s economic growth could surpass previous estimates and hit 8.7% this year, Prime Minister Hun Sen said in a speech yesterday. Earlier government forecasts estimated growth of 6% for 2011, though increasing garment exports and a strong recovery in the tourism sector have stimulated the economy ...

The Ministry of Education, Youth and Sport is working in conjunction with Unesco and the Ministry of Labour and Vocational Training (MLVT) to launch an internet-based education programme for Cambodian youths in grades seven to nine who have dropped out of school. ...

Cambodian experts on Tuesday urged entrepreneurs, traders, producers and suppliers to pay more attention to food safety standards to ensure the welfare of consumers. The appeal was made at the Food Safety Forum held at the Mekong Institute under cooperation with Institute of Standards of ...

Members of the government, military and civil society met on Monday to form a working group to undertake security reform and reporting. The working group will have 26 members from a wide spectrum of government and nongovernment agencies to produce policy recommendations to Cambodia’s leaders. The formation ...

The Confucius Institute of the Royal Academy of Cambodia on Wednesday hosted the 7th Chinese Bridge Chinese proficiency competition for Cambodian secondary students. Fourteen Cambodian candidates, who had been shortlisted from dozens of students, were contested in the final stage on Wednesday. Each contestant was given three ...

Reporters in Cambodia seeking statistics from government ministries and departments are used to being given the brush-off from time to time, but in the run-up to the July 28 national election, things appear to have worsened. The Council for the Develop­ment of Cambodia (CDC) has for ...

A community-based Internet provider called NerveNet has been launched in Kampong Cham province’s Chheng Prey district, about 100 kilometers east of Phnom Penh. ...

Cambodia’s total exports to Japan increased sharply over the first nine months of the year compared to last year due to flows of investment from Japan to Cambodia over the last few years, analysts said. ...

Thailand’s Bank of Ayudhya released its first financial statement since completing its acquisition of Cambodian microlender Hattha Kaksekar Ltd (HKL) last month, showing a quarterly net profit increase of 10.6 percent from a year earlier. ...

Rising oil prices fuelled a month-to-month inflationary increase of 5.4 per cent through February and March, according to data from the National Institute of Statistics. Factors such as sanctions on Iranian oil, as well as floods that depleted Cambodian crops last year accounted for the rise ...