Khmer Specialized Bank, a subsidiary of Khmer Holding Group, was officially inaugurated to offer financial services to Cambodians yesterday, with $21 million worth of investment capital and becoming the 13th specialized bank in Cambodia. ...

Cambodia’s fledgling stock exchange could receive a much-needed boost after Malaysian-owned power infrastructure provider Pestech Cambodia officially submitted its application for an initial public offering on the CSX, industry insiders said yesterday. ...

Spokesmen for the Cambodian and Hong Kong governments are urging agencies not to charge excessive fees to Cambodian domestic helpers wanting to work in Hong Kong and offered reassurance that their rights would be protected. ...

Union negotiators on the minimum wage for garment, textile and footwear workers have lowered their claim from $176.26 per month to $175 while the employers have increased their offer from $161 to $161.50. ...

Viet Nam won a bid for rice supply to the Philippines late last week, with an offer of US$410.12 per tonne, according to the Philippines’ National Food Authority (NFA). ...

In the face of growing criticism and calls for a boycott of their services, Virak Buntham bus company has offered compensation to a customer who says he was robbed on a Siem Reap to Sihanoukville sleeper bus. ...

Taiwanese food supplier Ve Wong, one of two sugar company owners locked in a long-running battle with villagers in Koh Kong’s Sre Ambel district, has made an eyebrow-raising offer – to give the disputed land back. The company’s offer, posted to the non-profit Business and Human ...

The Ministry of Justice has announced that Royal pardons and reductions of prison sentences have been pushed back to Visak Bochea Day in May, as a result of prisons not offering enough information about potential candidates. ...

About 30 members of the displaced Borei Keila community rallied outside Phnom Penh City Hall on Friday, seeking clarification about the compensation on offer to them amid complaints that municipal authorities have not been keeping the community informed. ...

Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...

Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...

The National Bank of Cambodia will develop a blockchain-based payment system with help from a Japanese financial technology startup to offer people a secure, low-cost way of sending and receiving money.   ...

While one of the two Phnom Penh families embroiled in a long-running land dispute with the Khun Sear Import Export Company this week accepted a compensation offer, the other says it has no plans to back down. ...

Experts involved in the protection of Cambodia’s national bird, the giant ibis, have lauded the successes of an ongoing conservation scheme, and offered cause for optimism that the animal can overcome its current status as critically endangered. ...

On Friday, 30 October 2015, the National Assembly of the Kingdom of Cambodia will continue its fifth plenary session of the fifth legislature, from 8:00 a.m., to discuss and approve on the proposed Law on Election of Commune/Sangkat Council, and the proposed amendments to the ...

Employees of a controversial monkey breeding farm in Pursat City who protested earlier this week for higher wages have accepted their employer’s offer of a $16 monthly wage increase, authorities said on Thursday.   ...

A pilot project that offers micro-insurance to help rice farmers cope with the risks of flooding and drought is looking to build on the success of its first season by scaling up beyond three existing provinces. ...

A controversial Facebook platform that offers users free Internet —but a limited choice of websites and apps—was launched in Phnom Penh on Thursday in cooperation with mobile operator Smart Axia­ta, its CEO said on Friday. ...

The government’s tax collection body has extended the fringe benefit tax exemption to several new industries, removing the 20-percent tax that employers were previously required to pay on the benefits they offered to their workers. ...

From  18-19 October 2018, the 12th ASEM Summit held in Brussels, Belgium was successfully concluded with the adoption of the Chairman’s Statement on “Europe and Asia: Global Partners for Global Challenges“. The leaders held substantive discussions on a wide range of issues centering on promoting ...