CIMB Bank, Malaysia’s second-largest, has entered the insurance market via a partnership agreement signed yesterday with Cambodia Life Insurance Company (CLIC). In Meatra, director general of CLIC, said that under the partnership, CIMB had received full access to offer their insurance products to customers. ...

The government plans to rope in private firms for Prime Minister Narendra Modi’s big diplomatic push to ‘Act East Policy’, with its proposed special purpose vehicle for investment in Cambodia, Myanmar, Laos and Vietnam set to offer up to 51 per cent stake to the ...

Starting next month, the ministries of education and labor will offer job counseling to students in Svay Rieng province as the first step in an effort to better match employment opportunities in the country with the skills of youth entering the workforce, the education minister ...

Property tycoon Sok Bun, wanted for the vicious attack of a former TV star, publicly pleaded for his freedom yesterday, pledging to relinquish his “oknha” title and offering his victim $100,000 in compensation, even as Interior Minister Sar Kheng called for his arrest. ...

Cambodia has a new investment law that offers incentives to foreign investors to inject direct investment into the country. ...

All land that is not state public property or is not privately owned is de facto state private land. State private land may be sold, exchanged, leased, granted as concessions, or otherwise alienated. ...

Chinese-funded construction, including land clearing, several new structures and a new pier, “continues to transform” Sihanoukville’s Ream Naval Base “at a rapid pace,” a U.S. think tank said Tuesday. ...

Experts claim that the Tonle Bassac sand mining is very significant for the construction sector and a source of revenue for the national budget, but some people are being severely negatively affected by the sand mining in those areas. ...

A group of over 1,000 families in Phnom Penh effectively advocated for the Prime Minister to speak out after they say the construction company Borey Piphup Thmey violated their contracts and seized their homes. ...

A recent report by Equitable Cambodia has exposed the commercial gold mining industry’s involvement in deforestation, violation of rights, encroachment and land grab of traditional indigenous forested areas. ...

 The U.S. Department of State’s 2021 country report on human rights pertaining to Cambodia, released on Tuesday, found that Cambodian government officials continue to violate human rights – notably, by threatening the use of force against political opponents of Prime Minister Hun Sen. ...

Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade development ...

A working group within Phnom Penh City Hall is continuing its effort to help get compensation to Borei Keila families who have yet to accept the government’s offer, according to a Facebook post from Governor Pa Socheatevong, who led a discussion with community members on ...

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...

A Finance Ministry official said on Sunday that the government had yet to decide whether it would comply with Asian development Bank (ADB) rules that families facing eviction from along the country’s old railway tracks be offered resettlement options better than the ones they have ...

The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ​ ...

The government will offer three-year, multiple-entry visas to Chinese and South Korean investors in an effort to make doing business easier and increase investment in the Kingdom, the premier said during the first Cambodia-China Business and Financial Development Forum in Phnom Penh yesterday. ...

Wing and the online platform company BookMeBus have teamed up to offer bus tickets to the provinces and to Thailand, Laos and Vietnam. The service was officially launched on Friday with the first services available in Wing agencies in Phnom Penh.   ...

The government is working on legislation that would create a framework for the establishment of a custodian bank in Cambodia, according to securities firms, which claim the absence of this institution could be deterring foreign investors from participating in share offerings on the local stock ...

Cambodian Defense Minister Tea Banh on Tuesday offered grave warnings to anyone who “tries to topple the current government.” The minister appeared to be addressing the opposition, which has said it will call for mass Demonstrations if election reform is not enacted by the ruling Cambodian ...