CIMB Bank plc, which aims to be among the top 10 banks in Cambodia over the next five years, is targeting more than US$100mil (RM317mil ) in deposits and US$90mil (RM285mil) in total loan size by year-end. Its deputy general manager and head of commercial banking ...

A new inter-ministry prakas is planned that controls and ensures the safety of bus passengers using the Kingdom’s growing bus network, and may include monitoring the behaviour of drivers and companies prior to granting licences, Cambodian officials said. Bus companies are now controlled by Ministry of ...

The garment industry could be close to renewing an industrial relations memorandum of understanding, but an independent union believes it is being edged out of negotiations because it opposes the use of short-term and fixed-duration contracts. Ath Thorn, president of the Cambodian Labour Confederation, said yesterday ...

Cambodia could benefit more from trade in the Greater Mekong Subregion (GMS) by implementing time and cost, cutting measures and removing constraints on exports, according to a new book by the Asian Development Bank. During a media briefing yesterday, Brimble [senior country economist and author of ...

The construction of Phnom Penh’s third ring road has been completed nearly 40 percent, according to the Ministry of Public Works and Transport (MPWT).​ The third ring road stretches from National Road 4 in Chumpu Voan village, Chaom Chau district, crossing National Road 3 and ...

Huawei Technologies held an event to sign a memorandum of understanding (MOU) with the American University of Phnom Penh (AUPP) and its Center for Leadership and Professional Development (CLPD) at the AUPP campus yesterday. The MOU was to work towards new digital technology projects and ...

Optimism prevails in the private sector that the Investment Law widely anticipated to launch later in the year will spell new momentum in the Kingdom’s industrial diversification in parallel with the region and beyond. The current edition of the law comprises 11 chapter and 39 ...

Snares remained a challenge for wildlife in Cambodia’s protected areas, and result in the loss of many of the Kingdom’s endangered species. In order to address the problem, in 2021, the Ministry of Environment and partner organisations removed over 60,000 snares from 72 protected areas and ...

The transport minister on February 15 requested a fast-track on a feasibility study of a new expressway connecting Phnom Penh to Siem Reap, to sign a deal for the project by the end of the third quarter.​ Minister of Public Works and Transport Sun Chanthol ...

 The National Election Committee (NEC) has launched a new system which allows the organisation to track votes at polling stations and keep themselves updated on the election result, as the country heads towards the National Election. ...

Five Southeast Asian countries, Cambodia, Laos, Myanmar, Thailand and Viet Nam, are targeting a double-digit growth rate of international visitors annually by 2015 under the theme “Five Countries – One Destination”, according to Hoang Tuan Anh, Viet Nam’s Minister of Culture, Sport and Tourism. In a ...

Cambodia is entering a new phase of economic growth in which the development of a skilled workforce will be critical to social stability and regional competitiveness, government officials and economists said Thursday at the 2014 Cambodia Outlook Conference. Delivering the keynote speech at the conference, Prime ...

Trade unions may have failed to get a stay-at-home strike for higher wages off the ground after the Khmer New Year earlier this month. But a strike for bonus pay is picking up steam in Svay Rieng Province, where some 20,000 garment workers protested at ...

At least 24 international apparel brands have pledged to immediately investigate the mass fainting “phenomenon” that has hit the Cambodian garment factories that supply them, the International Labour Organisation says. Executives of global brands had pledged to work together “to determine the precise causes of incidences ...

Revenues from Cambodian corn exports fell by 52 per cent last year as farmers scrapped the crop for the more lucrative, but less stable, cassava plant. The Kingdom exported 35,381 tonnes of corn, worth US$2.2 million, in 2011, down from 86,533 tonnes worth $4.57 million the ...

Setting a minimum price for paddy is one of the campaign promises that the Pheu Thai party made to its supporters during the recent election campaign in Thailand before it was elected to power. Now it’s a matter of waiting to find out whether this ...

Hydropower dams planned for the tributaries of the Mekong River, particularly the Lower Sesan 2, will have a “catastrophic” impact on fish stocks throughout the country, according to new research that calls for several planned dams to be reconsidered. Authored by an international group of ...

Protests continued in Prey Veng City yesterday for the second day as more than 1000 residents demonstrated in front of the provincial offices over increases to water prices instituted by a private company that recently took over the city’s water supply, residents said. The Kim ...

It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...