An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...

SBI Royal Securities, a subsidiary of Japanese-based SBI Holdings, has concluded a basic agreement to form a business and capital alliance with one of Thailand’s leading securities firms, in a move that could attract more investment from Cambodia’s northern neighbour. The agreement with Thailand’s Finansia Syrus ...

As monthlong flooding that has so far left 122 dead slowly subsides, officials and relief agencies were on Sunday concerned that a powerful typhoon approaching Vietnam may bring more heavy rain and the risk of more floods to provinces where tens of thousands of families ...

Unions planning a mass rally at Phnom Penh’s Freedom Park on Sunday to call for the release of 23 detainees and a higher minimum wage in the garment industry say they will proceed with the event despite City Hall’s decision Thursday to deny permission. The nine ...

A Ministry of Foreign Affairs official said Wednesday that a senior U.S. diplomat had congratulated the government for its patience in dealing with recent protests, which were brought to a bloody end early last month when military police opened fire, killing five and wounding more ...

A day after a bipartisan election reform committee put the neutrality of proposed areas of reform, Defence Minister Tea Banh reiterated that the armed forced would not tolerate opposition supporters calling for Hun Sen to step down. ...

Vattanac Capital Tower, a long-anticipated gleaming tower that dominates the city’s skyline from Monivong Boulevard, continues to attract tenants to its commercial office space. The most recent tenants to occupy the building are Qatar Airways and investment company One Asia Capital, with Qatar occupying 180 square ...

A draft law on e-commerce that would regulate electronic trade in Cambodia will arrive at the Council of Ministers in August, following revision by two other state institutions, officials at the Ministry of Commerce said Wednesday. Orm Dararith, director of the Ministry of Commerce’s legal department, ...

Thai authorities have arrested and are preparing to try 13 Cambodian migrant workers who were allegedly caught with fake stamps on their work papers as they tried to return home, Foreign Ministry spokesman Koy Kuong confirmed on Friday. The government also announced a plan to subsidize ...

More than a hundred monks and students from Vietnam’s Khmer Krom ethnic minority living in Cambodia clashed Tuesday with riot police and security guards in front of the Vietnamese embassy in Cambodia’s capital Phnom Penh as they marched to demand an apology for statements by ...

The Ministry of Public Works and Transportation (MPWT) and the Phnom Penh municipality are preparing a ban on heavy trucks crossing the Cambodian-Japanese Friendship Bridge after cracks were discovered in a pillar on the bridge’s eastern end, a City Hall official confirmed yesterday. At a meeting ...

The death toll from lethal floods has climbed to 27, with more than 10,000 families across 12 provinces evacuated from their homes to escape rising floodwaters, according to a report from the National Committee for Disaster Management (NCDM). The report, released yesterday, also shows that almost ...

Cambodia has approximately 1.9 million agricultural households with about 8.5 million people, or 57 percent of the country’s 14.96 million people, according to the first-ever agriculture census report released on Wednesday. “The 1.9 million agricultural households were engaged in growing of crops that were undertaken in ...

Plans to establish air links between Seychelles and the Asian nation of Cambodia are being finalised following the signing of a memorandum of understanding and air service agreement between the two sides. The signing by the Secretary of State of the State Secretariat of Civil Aviation of Cambodia, Mao Havannall, and ...

Tycoon Try Pheap has collected an estimated 1,500 cubic metres of timber from Forestry Administration offices since the government in July issued his companies permission to confiscate “waste wood” from their offices and from the Ministry of Environment, according to preliminary government figures obtained by ...

A Thai sugar company with major shares in Cambodian sugar cane is being investigated for human rights violations in operations along the border between the two countries. The National Human Rights Commission of Thailand recently investigated allegations that villagers were forced from their homes to make ...

A senior Cambodian opposition lawmaker has lodged a complaint against a high-ranking, ruling-party official in parliament, accusing him of corruption and nepotism, but is frustrated by the lack of response. Son Chhay, from the opposition Cambodia National Rescue Party (CNRP), charged that Mith Karen, parliament’s deputy ...

Two foreign-owned garment manufacturers will submit disclosure documents to Cambodia’s capital market regulator next month, the companies’ underwriter Phnom Penh Securities Firm Plc. said yesterday. The initial public offerings for the two private companies, expected by the end of the year, should boost action on the ...

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Over the last few years the Director of the Statistics Department at the National Bank of Cambodia began observing an unanticipated development while conducting field observation studies of trade at border crossings – the riel is being accepted for purchases in neighbouring counties. ...