The next stage of Grand Twins International’s (GTI) listing on the Cambodia stock Exchange – public subscriptions – has had a positive response, according to the head of one of the country’s brokerage firms. svay Hay, CEO of Acleda securities, a registered broker for GTI, said ss='cambodia-color'>...

The Council of Ministers last week approved a raft of changes to the country’s insurance laws, a move that industry insiders hope will better reflect the sector’s current state. The draft law, which was prepared by the Ministry of Economy and Finance, has an additional 14 ss='cambodia-color'>...

Member of Phnom Penh’s lake communities who stand to have their lives uprooted by development projects filed complaints yesterday. Representatives of 260 families who live near Boeung Tamok in sen sok district’s Ponhea Pon commune filed a petition with City Hall asking for intervention over 200 ss='cambodia-color'>...

Cambodia’s taxation system fell five places on the World Bank’s 2015 Doing Business index (DBI). The index, which tallied up 230 business reforms from 189 economies, showed the ease of paying taxes in Cambodia has declined from position 85 in 2014 to 90 this year. Cambodia’s ss='cambodia-color'>...

Cambodia and the rest of the world’s emerging economies have been called on by the World Economic Forum (WEC) to install “effective” reforms to reinvigorate the global energy market. The WEC’s Global Energy Architecture Performance Index Report 2015 was released yesterday. Cambodia ranked as having the ss='cambodia-color'>...

The government on Thursday formally accepted a request from Cambodia’s top Buddhist monks to consider drafting a law that would ban the country’s more than 50,000 monks from voting. At the end of the meeting Thursday, Deputy Prime Minister Men sam An, the minister of ss='cambodia-color'>...

Newly released satellite images show a dramatic expansion in China’s construction of artificial islands on disputed south China sea reefs, the Asian Wall street Journal reported Thursday. The report said the expansion was “intensifying concerns about Beijing’s territorial ambitions.” ss='cambodia-color'>...

Cambodia’s massage palours and spa centres are now required to have at least 30 per cent of their staff trained and certified or risk having their business permits revoked, according to a new directive from the Ministry of Tourism. The directive seeks to professionalise the practice ss='cambodia-color'>...

The ministries of Labor and Interior met on Thursday to outline the government’s plan to more strictly enforce measures for employers of foreign nationals to ensure that their staff has proper documentation. seng sakada, director-general of the Labor Ministry’s labor department, said previous efforts have not ss='cambodia-color'>...

The Asian Development Bank (ADB) has maintained its growth projections for Cambodia in 2014. The ADB’s midyear outlook for Cambodia, released yesterday, states that Cambodia’s economy still stands to achieve 7 per cent growth by the end of the year, and potentially 7.3 per cent in ss='cambodia-color'>...

With the release of the government’s 2015 draft national budget Thursday, the opposition CNRP, whose 55 lawmakers joined the National Assembly in August, called Cambodia’s budget-drafting process “disgusting and unbelievable” on Friday. The draft 2015 budget calls for $400 million—or about 10.6 percent—more than 2014. ss='cambodia-color'>...

After meeting with members, several labour union leaders yesterday said that they will not hold protests against the government-set garment industry minimum wage for 2015. Minister of Labour Ith sam Heng last week approved $128 as 2015’s minimum monthly wage in Cambodia’s garment sector. The increase, ss='cambodia-color'>...

Boeung Kak community activists yesterday accused Phnom Penh Municipal Hall administrative director Mean Chanyada of rudely cutting short a meeting with their group, a charge the official denied. Boeung Kak representative Chan Puthisak characterised Chanyada’s allegedly storming out of the meeting as evidence of the city’s ss='cambodia-color'>...

Five months behind bars has done nothing to deter Phnom Penh’s Boeung Kak activists from taking their demands to the streets. Just one day after their release from the capital’s Prey sar prison, the female activists – often at the helm of Phnom Penh demonstrations – ss='cambodia-color'>...

Tuy Thida, a 28-year-old traffic police officer, says she doesn’t take bribes. surveying traffic at the intersection of sihanouk Boulevard and street 63 in Phnom Penh on Wednesday, Ms. Thida could be the face of the Interior Ministry’s push to increase female representation among the nation’s ss='cambodia-color'>...

More Montagnard asylum seekers from Vietnam arrived in Phnom Penh over the weekend, bringing the number waiting to apply for refugee status to 109, according to the United Nations. Vivian Tan, regional spokeswoman for the UN refugee agency (UNHCR), said the Montagnards – an indigenous group ss='cambodia-color'>...

Cambodia’s rice paddy cultivation as of July has fulfilled over 75 percent of this year’s target, data from the Ministry of Agriculture, Forestry and Fisheries revealed. ss='cambodia-color'>...

Government agencies have begun inspecting the nation’s roads to assess the damage caused by this rainy season’s floods to prepare a budget for repairs and upgrades. ss='cambodia-color'>...

Cambodia’s ministry of commerce and the UK’s ministry of business and trade have established a Joint Trade and Investment Forum (JTIF) to strengthen trade and investment ties  ss='cambodia-color'>...

The Asian Parliamentary Assembly (APA) has invited the Cambodian National Assembly to host next year’s meeting of the group’s standing Committee on social and Cultural Affairs. ss='cambodia-color'>...