Hong Leong Bank Bhd (HLB) has received approval from Cambodia’s Ministry of Commerce to open a wholly-owned, locally incorporated commercial bank in Cambodia. HLB said with a capital of US$37.5 million (RM116.2 million), Hong Leong Bank (Cambodia) Plc will commence operations in Cambodia within ...

More than 100 military police officers stood guard outside a garment factory in Phnom Penh’s Meanchey district on Monday and prevented workers from returning to work, employees and local officials said. Workers from Singaporean-owned SL Garment Factory—which makes clothing for U.S. brands Levi’s and Gap—have been ...

During an epic speech on Wednesday that lasted for more than six-and-a-half hours, Prime Minister Hun Sen told his newly approved Cabinet that they would be subject to increased public scrutiny as part of a series of reforms to be undertaken by the CPP over ...

Authorities said Thursday they were closely watching the development of the world’s big­gest storm to materialize so far this year as it hits the Philippines today before moving west toward Vietnam and Cambodia in the following days. “Our first step is to keep a close eye ...

The Garment Manufacturers Association of Cambodia (GMAC) on Sunday said all of the country’s 400-plus garment factories will remain closed until the government and striking trade unions can guarantee the safety of the factories and all employees who want to work. The decision, outlined in an ...

Four subcommittees formed by the Ministry of Social Affairs met on Friday to begin establishing a new minimum wage for garment workers that will go into effect next year. Following the meeting, Social Affairs Minister Ith Sam Heng told reporters that factory production rates, garment worker ...

Cambodia exported 294,150 tonnes of milled rice in the first 10 months of the year, a 101 percent rise from 146,200 tonnes over the same period last year, a government data showed Tuesday. The country’s milled rice has been sold to 57 countries and regions around ...

Overall revenue from Cambodia’s booming tourism sector reached $2.5 billion last year, according to Tourism Minister Thong Khon. Khon said in an interview on Tuesday that the figure, which does not reflect the amount the state collected in taxes on the sector, marked a 15 per ...

A handful of stores in Phnom Penh’s City Mall closed up shop yesterday morning, draping large curtains over their storefronts rather than face an impending police raid on businesses allegedly selling pirated movies there, police and other vendors said. The aborted raid came less than two ...

Ath Thorn, the president of the country’s largest independent labor union, said Friday that he has appealed court orders restricting his unionizing activity and is seeking support from international labor organizations as he faces charges of incitement. The Phnom Penh Municipal Court has ordered Mr. Thorn, ...

A two-star general in the Royal Cambodian Armed Forces was arrested Friday on charges of defamation, police and prison officials said Friday. On Friday, police officers from the Interior Ministry’s penal department arrested Major General Chea Dara, who works at the Ministry of Defense, following a ...

The Stock Exchange of Thailand (SET) is providing assistance to the Cambodia Securities Exchange (CSX), a young stock exchange in Asean. Prior to the agreement with Cambodia, the Thai exchange has formed alliances and established collaboration with exchanges in the Greater Mekong Subregion. With its commitment ...

A garment factory will prolong its monthlong closure until at least July 9, when the Arbitration Council Foundation rules on a case brought by its workers. ...

In the latest move to assert control over Cambodia’s saturated telecommunications industry and maintain tighter oversight, the Telecommunication Regulator of Cambodia (TRC) last week called for all industry providers to give proof of operations in a bid to snuff out inactive firms and reclaim wasted ...

The State Secretariat of Civil Aviation (SSCA) has swapped its headquarters on Norodom Boulevard and will move to a location adjacent to Phnom Penh International Airport by next year, civil aviation officials confirmed Tuesday. Sinn Chanserey Vutha, deputy director-general of the SSCA, said construction on the ...

Prime Minister Hun Sen said that Cambodia was eager to have Japanese investors to build factories and produce goods for exports to the world market. The premier made comments during his meeting on Sunday with Tishimitsu Gotegi, Minister of Ministry of Economy, Commerce and Industry of ...

Condemnation has grown following Friday’s attack on a journalist near Freedom Park as the Ministry of Information joined the U.N. Human Rights office in denouncing the attacks. On Saturday, the U.N.’s human rights representative in Cambodia, Wan-Hea Lee, called for an investigation into the beating of ...

Human rights groups on Sunday criticized as inadequate a government proposal, announced on Friday, to require single women to deposit $10,000 into a Chinese bank before they are allowed to visit China as tourists, a move meant to curb the trafficking of Cambodian woman to ...

Opposition CNRP leader Sam Rainsy is to meet with Cambodian migrant workers during a two-day trip to South Korea later this week, at the end of a European tour that has included stops in Geneva, Brussels and Paris. “He will be visiting [South] Korea to meet ...

While last year was full of good news for Cambodian rice exports, which hit a record-breaking 378,800 tons, 2014 is getting off to a much slower start. Thai Prime Minister Yingluck Shinawatra’s controversial pledge to pay farmers above market rates for their rice is coming ...