Group Lease has decided to raise the capital of its wholly owned Singaporean subsidiary Group Lease Holdings to serve as the main funding source for its Cambodian motorcycle leasing operations after six months of satisfactory trial operations there. Cambodia, which is managed by Group Lease’s ...

The government plans to raise $3.51 billion in state revenue in 2014 in order to finance a $3.4 billion draft budget, an increase of about 14.5 percent compared to the previous year, when the government raised $2.98 billion in revenue, according to a draft of ...

Prime Minister Hun Sen has called on the Ministry of Information to accelerate the drafting of a long-awaited freedom of information law that could see more transparency in the Kingdom’s government. According to a press release issued by the Council of Ministers after a cabinet meeting ...

Less than a week after she was released from prison pending a retrial on controversial criminal charges laid down last year, housing rights activist Yorm Bopha on Thursday led a march of about 500 people to deliver a petition calling on the government to end ...

The Phnom Penh Municipal Court has charged the Cambodian chairman of a local conglomerate and a Chinese business associate with fraud and using forged public documents, officials said Wednesday. Al Romny, 41, and Chinese national Chin Mongxin, 45, were arrested Saturday after an un­known complainant said ...

A district-level Environment Ministry official on Thursday retracted comments he made last week when he claimed proper monitoring of logging inside Ratanakkiri province’s Lumphat Wildlife Sanctuary was impossible because his ministry did not know the boundaries of private land concessions in the protected zone. On November ...

Anonymous Cambodia, a group of local computer hackers, has claimed responsibility for disrupting at least three government websites since Saturday and vowed additional hacking attacks to protest against July’s “unfair” election, according to the group’s Facebook page and Twitter account. Since Saturday, the hackers have attacked ...

With acid attacks in steep decline – not a single attack has been recorded so far this year – the only organisation working directly with acid survivors on the ground is scaling back its services by 75 per cent. Cambodian Acid Survivors Charity (CASC) is no ...

An International Labour Organization official yesterday called the draft of a Ministry of Labour trade union law “a step backwards” during the opening of a two-day workshop meant to hear concerns of both labour unions and employers. In a speech to worker representatives, members of the ...

More than 200,000 Cambodian migrant workers have been either deported from or fled Thailand since early this month in the wake of a junta-led clampdown on illegal migrant laborers, Major General Pich Vanna, chief of Cambodia-Thailand Border Relation Affairs office, said Monday. “As of Monday evening, ...

The roughly 900 employees of a Phnom Penh garment factory gutted by a fire that killed a Chinese supervisor on Monday protested in front of their old workplace on Thursday to demand a quick payout of their final paychecks and severance. The Chinese-owned Cheng Sheng Garment ...

Cambodia’s economy grew by 7 percent in 2013 even though political row over the July election has still persisted, the National Bank of Cambodia (NBC) said Tuesday. The growth was lower than that of 2012, which was up to 7.3 percent. “In 2013, Cambodia’s economy achieved ...

Japan will introduce direct flights to and from Cambodia this year in an effort to bolster trade, investment and tourism between the two nations, Prime Minister Hun Sen said on Friday. Hun Sen announced the plan at a meeting with a delegation led by Hideo ...

A coalition of 18 labor unions and associations is today set to begin the first phase of a nationwide labor strike in the garment sector by calling on workers in about 100 factories to boycott working overtime, according to union leaders. Despite efforts by the government ...

A weekend storm surge that saw torrential downpours hit the capital had far more dire consequences outside of Phnom Penh, where hundreds of families were affected and at least one man was killed. At least 675 homes in eight provinces were damaged in sudden thunderstorms that ...

Cambodian authorities on Wednesday refused permission for the 18 opposition-aligned trade unions and associations to celebrate an International Labor Day event on May 1 at the capital’s Freedom Park. “The Phnom Penh Municipality does not allow the trade unions and associations to organize this event at ...

The Japanese embassy is reporting a $280 million drop in Japanese investment last year, but officials were quick to say that the numbers don’t necessarily reflect slumping investor confidence in Cambodia. Japanese investment in the Kingdom reached about $47.5 million in 2013, compared to $328 million ...

Moody’s Investors Service affirmed Wednesday Cambodia’s government issuer rating at B2 with a stable outlook, stating that recent labour unrest could result in only slightly slower economic growth this year. “Cambodia’s underlying credit strengths are expected to withstand the impact of recent political tensions and labor ...

The government’s announcement on Wednesday that companies looking to start rubber plantations could skirt a moratorium on new economic land concessions (ELCs) by taking over existing, dormant ones continued to make a good impression on prospective investors in town Thursday. Ly Phalla, who heads the Agriculture ...

The National Assembly approved changes to the country’s customs law yesterday, in order to comply with Association of Southeast Asian Nations intergration standards. The changes demand border operations increase human resources, reduce paperwork and modernise procedures in order to simplify border exchange and facilitate trade between ...