With the deadline for a second review by a global task force of the government’s efforts to combat money laundering and terrorism financing fast approaching, the Kingdom’s central bank yesterday conducted a workshop with banks, financial institutions and state agencies to flesh out a strategy ...

The second Lancang-Mekong Cooperation (LMC) Foreign Ministers’ Meeting was held in Siem Reap, Cambodia on 23 December 2016, attended by H.E. Prak Sokhonn, Senior Minister of Foreign Affairs and International Cooperation of the Kingsom of Cambodia, H.E. Wang Yi, Minister of Foreign Affairs of the ...

A lack of working capital has remained a challenge for the Kingdom’s rice industry and has impeded rice export growth for years, industry insiders said. The comments were made at a meeting between the state-owned Rural Development Bank (RDB) and the Cambodia Rice Federation (CRF) on ...

The World Health Organization (WHO) yesterday urged Cambodia to increase taxes on cigarettes and other tobacco products-currently the lowest in the world-in order to raise revenue and deter smokers. Ayda Yurekli, coordinator of the WHO’s tobacco control economics unit, said during a workshop in Phnom Penh ...

While the planned launch of the ASEAN Economic Community is fast approaching, establishing good connectivity between member states to ensure a free flow of goods and services is a real challenge and needs more involvement from the private sector. That was the message delivered by Cambodian Foreign ...

The number of subscribers to the mobile operator Beeline plummeted by more than 400,000 in the fourth quarter of last year—the single-largest drop for the carrier since it entered the Cambodian market in mid-2009—while the average revenue per user (ARPU) increased slightly, the company’s quarterly ...

Manulife, one of the world’s leading life insurance companies, now opened its office in Cambodia after seeing that growth of midlle class of total population. Manulife financial corporation was based in Canada. Manulife Financial on June 28 announced the official opening of its head office in Phnom Penh, Cambodia and its ceremony was presided over by H.E. ...

The Minister of Social Affairs has sent a letter to the management of the Tai Yang and Camwell garment factories, suppliers to Levi’s and Gap, requesting it reinstate 37 workers involved in a strike that has dragged on for almost two months. “In order to ensure ...

A union representative who was beaten and detained by police during a protest Wednesday was released after being forced to sign a statement taking responsibility for starting a fight with authorities, union officials said yesterday. A bloodied Rong Panha, a representative of the Cambodian Alliance of ...

Foreign Minister Hor Namhong on Friday put the blame for last week’s failure among Asean countries to release a joint communiqué on territorial disputes in the South China Sea firmly back on Vietnam and the Philippines. More than a week since discussions related to the territorial dispute between Asean’s members ...

Exactly one year after the Finance Ministry indefinitely postponed its last top-level meeting with the international aid donors, there is still no sign that the government is ready to set a new date to engage face-to-face with the country’s development partners. The forum is held once ...

Cambodia could attract an increasing number of Malaysian investors interested in food production and global export if moves to create a halal food recognition body were implemented, Malaysian ambassador Mond Tahir Nasruddin said yesterday. Officials were working together to establish the halal food product recognition ...

National Assembly voted Friday to ratify the U.N. Convention on the Rights of People with Disabilities and the U.N. Rotterdam Convention, which promotes the responsible labeling nd export of hazardous chemicals and pesticides. The assembly also voted in favor of an agreement with Qatar to ...

Education garment workers and their bosses on how to avoiding fainting is the latest strategy the Ministry of Labor is using to address a problem that has plagued the industry in the past two years, a ministry official said yesterday. Labor Ministry Secretary of State Oum Mean said he ...

People applying for land titles in urban areas are at a huge disadvantage compared to their rural counterparts due to the higher percentage of property disputes with powerful officials and businesspeople in the country’s cities, a new report on land registration has found. To improve ...

Continuing its efforts to quell an increasing number of strikes in the Kingdom’s lucrative garment sector, the government this week issued a directive aimed at giving provincial and municipal governors powers to resolve issues at factories without calling on ministries in Phnom Penh. “To ensure further ...

Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...

Bilateral trade between Cambodia and the United States has amounted to 1.44 billion U.S. dollars in the first six months of the year, up 2 percent compared with 1.41 billion U.S. dollars over the same period last year, the figures of the U.S. Department of ...

Provincial authorities in Ratanakkiri have warned ethnic Jarai villagers that they will be arrested if they continue to stop bulldozers belonging to a Vietnamese company from clearing forest in O’Yadav district’s Paknhai commune, community leaders said yesterday. Sav Finh, leader of Lom village’s forestry protection committee, ...

With the potential for vast state revenues from oil extraction and mining in coming years, Cambodia is currently failing to manage its nascent extractive industries according to a think tank. New York-based Revenue Watch Institute yesterday launched its 2013 Resource Governance Index, which included Cambodia for ...