Swiss ambassador to Cambodia Ivo Sieber pledged his country’s continued support of Kantha Bopha Hospital yesterday, mentioning that almost half of the hospital’s funding comes from the Swiss government. The promise was made during Amb. Seiber’s meeting with Foreign Minister Hor Namhong at the Foreign ...

The outgoing CEO of ANZ Royal Bank is leaving with a note of caution about the swift growth of lending in Cambodia, while noting that the banking sector had become much more competitive and technologically advanced during his four-year tenure at the helm of one ...

Prime Minister Hun Sen yesterday asked China to consider Cambodia’s rice stocks as part of its effort to distribute food relief to other countries. The request was made during a meeting between the premier and Ho Hau Wah, Vice-Chairman of the Chinese People’s Political Consultative Conference ...

When Cambodia began accumulating foreign reserves in 1997 – after it switched from a centrally planned market to an open economy – the central bank deposited the $276 million it had saved at the Federal Reserve Bank of New York and allowed it to manage ...

Svay Rieng Provincial Court has summoned eight members from a group of 200 villagers who occupied land at the centre of a long-running dispute with a development company on Wednesday. The villagers from Ampil commune in Romeas Hek district have been ordered to clarify their actions ...

The central bank has issued new regulations governing the licensing of payment services providers (PSPs), requiring that all firms providing online services to accept electronic payments have at least $2 million in registered capital, a move expected to increase the stability of the sector and ...

Global payments giant Visa is the first international financial firm to announce the roll out of a payment solution in Cambodia for quick response codes, or QR codes, those pixelated black and white squares designed to be read by a smartphone camera that have begun ...

Jailed opposition leader Kem Sokha was officially charged with treason yesterday, about 36 hours after he was arrested at his Phnom Penh residence and sent to a Tbong Khmum prison. If Sokha is found guilty, his party could be dissolved based on new legislation that prevents ...

Prime Minister Hun Sen hit back yesterday at suggestions that he would consider postponing this year’s elections, saying they will go on as scheduled “no matter what happens” – an apparent effort to clarify his remarks in a speech the day before that an election ...

After leading the legal team that won the widely condemned dissolution of the CNRP at the Supreme Court in November, Ky Tech, lawyer for the Council of Ministers and Prime Minister Hun Sen, has been given a rank equivalent to minister just weeks after he ...

Vietnam agreed yesterday to waive all duties on a total of 300,000 tons of rice and 3,000 tons of dried tobacco exported annually from Cambodia to the country, according to a bilateral agreement signed at two back-to-back summits to promote economic cooperation in the Greater ...

The Securities and Exchange Commission of Cambodia (SECC) has made slow progress in reining in unlicensed operations since issuing its first derivatives trading licence nearly a year ago. To date, only six licences have been issued, while at least as many unlicensed firms continue to ...

Cambodian officials and members from the private sector have refuted international media reports that claim the price for rice exports to Bangladesh will be set at $453 a tonne as part of a government-to-government deal that hopes to see 250,000 tonnes of white rice exported ...

Cambodia and Vietnam vowed to boost cooperation to prevent cross-border drug trafficking during the nations’ annual meeting yesterday. Lieutenant General Mak Chito, deputy National Police commissioner in charge of drug crimes, and Ngo Thai Dung, director of Drug Crime Prevention at the Vietnamese Defence Ministry, met ...

As the urban population continues to grow at rate of 2.6 percent per year, improving public transport and coming up with detailed urbanisation plans should be top priorities for authorities in Phnom Penh, as well as for other urban centres, including Sihanoukville and Siem Reap, ...

The government will not consider further reductions of import quotas for live pigs, nor will it ban imports of the livestock, a high-ranking official at the Ministry of Agriculture, Forestry and Fisheries (MAFF) recently said, adding that companies in the meat industry should rethink their ...

With leaders from the Greater Mekong Sub-region gathering next week in Phnom Penh for a new summit on Lancang-Mekong Cooperation, leading political thinkers and researchers say the LMC mechanism plays a crucial role in enhancing economic cooperation in the region and complements the work being ...

The Defence Minister has threatened to destroy Sam Rainsy’s Cambodia National Rescue Movement if it attempts to cause trouble in the country, while the Cambodian Nationality Party has called on people not to join the “illegal” group. General Tea Banh made the comments at the Defence ...

The government has decided to rebuild the Chbar Ampov market roof following an appeal from vendors in the wake of a blazing inferno last week that destroyed many of their stalls. Last Thursday night, an electrical fault sparked a fire at the market, located in Chbar ...

Prime Minister Hun Sen of Cambodia has called upon Japanese counterpart Yoshihiko Noda for his support in encouraging more investments and tourism from Japan to help strengthen bilateral ties between the two Asian nations. The request was made at a meeting on Monday during the ...