Representatives from four political parties yesterday signed a campaign finance voluntary disclosure pact, promising transparency in how their election funds are spent and identifying the sources of their funding. The disclosure agreement was reached by the SRP, Human Rights Party (HRP), Funcinpec and Movement for Democracy in the absence of ...

Environment Minister Say Sam Al on Wednesday lauded the country’s controversial sugar industry and the jobs it has created, saying that companies operating in the sector need to be defended against the widespread criticism they have been receiving. Rights groups and the opposition CNRP have undertaken ...

Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far ...

Executives from Australia and New Zealand Banking Group Limited (ANZ) and local partner Royal Group of Companies (RGC) both went into damage control yesterday after comments by ANZ chief executive officer Mike Smith suggesting the joint banking venture between the two was on the rocks. Royal ...

Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...

A special team will be established to review high school students’ claims that they were unfairly graded in this month’s national examinations, the education minister has said.The announcement came as the Education Ministry said it had so far received more than 100 formal complaints from ...

Initially a status reserved for a privileged few, the number of businesspeople bearing the honorific “oknha” has ballooned from an estimated 20 individuals in 2004 to some 200 in 2008 and more than 700 today. Traditionally a title of nobility bestowed by the king to honor ...

A preah Sihanouk provincial official said on Monday that the administration would request approval from the Ministry of Environment and the National Committee for Coastal Management and Development to dismantle a Chinese casino on Koh Rong Sanloem. ...

Srekor village has stood on the banks of the Se San River in northeastern Cambodia for generations. In a few years it will be gone, submerged along with more than 300 square kilometres of surrounding farmland and forest. For 37-year-old rice farmer Pa Tou, the ...

The Regional Comprehensive Economic Partnership (RCEP) trade pact and bilateral free trade agreements will put the region and Cambodia in a better position to recover from the impacts of the COVID-19 pandemic, a Cambodian scholar said on Wednesday. ...

Sugar plantations that benefit from the European Union’s Everything But Arms (EBA) scheme, which allows preferential access to the E.U.’s market, have further impoverished Cambodia’s poor, and an investigation needs to be launched, a member of the European Parliament (MEP) said on Friday. Patrice Tirolien, MEP ...

On 06 June 2019, His Excellency CHEA Sophara, with His Excellency Say Samal; representatives of the Ministry of Agriculture, Forestry and Fisheries, the Ministry of Commerce, and the Ministry of Foreign Affairs and International Cooperation met the EU Fact-Finding Mission on the Implementation of the ...

South Korean President Lee Myung-bak arrived in Cambodia on Sunday for a series of international summits, including one involving the newly re-elected U.S. president, Barack Obama, about freer trade and other cooperation issues in the region. On Monday and Tuesday, Lee will attend a trio ...

The government has extended a suspension of “advance income tax” until the end of 2025 for eligible textile-related enterprises, a good deal of which have been hurt by a drop in orders as a result of global economic headwinds linked to the ongoing Ukraine crisis. ...

Cambodia’s milled rice export hit 269,370 tonnes in the first nine months of 2014, up 1.2 per cent from 266,123 tonnes over the same period last year, according to latest official data. Seventy-seven companies have brokered Cambodian rice for 57 countries and regions around the world, ...

Australia and New Zealand Banking Group Ltd, the country’s third-biggest lender, is keen to exit its holding in Cambodia and will look at wholly owned business models wherever regulations allow. “We got out of a relationship, a small relationship, in Vietnam. We would like to ...

A coalition of NGOs are to submit to the National Assembly today a list of recommended additions to the amended traffic law, a draft of which was approved by the Council of Ministers in August. Road safety advocates hope the amended law, which creates higher fines ...

A senior official at the Commerce Ministry and the secretary-general of the Garment Manufacturers Association in Cambodia (GMAC) were both silent yesterday regarding a letter sent to the ministry by garment buyers on Friday, urging the government to intensify its investigation of last month’s triple ...

The Cambodia Securities Exchange (CSX)-listed Phnom Penh SEZ Plc (PPSP) has announced that it will have no dividend distribution this year and will also be buying back company shares (at an undisclosed volume and value), according to documents filed to the exchange. ...

A private clinic aiming to provide medical care to factory workers in the Phnom Penh Special Economic Zone (SEZ) will open this month, the health centre’s managing director said yesterday. ...