Orix Corp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, according to people close to the matter. It would be the first investment by a major Japanese financial institution in the Southeast Asian country, ...

Opposition leader Sam Rainsy has rebuked the European Union over two low-profile election experts it sent to monitor July’s elections, claiming their presence had undermined Cambodian democracy. In a letter sent on Tuesday to Ugu Astuto, the EU’s top diplomat for South and Southeast Asia, Rainsy ...

Local conglomerate Royal Group has denied that its join venture with Philippine Airlines (PAL) to create Cambodia’s second national carrier has stalled, despite recent remarks by PAL’s president that his company has delayed its investment due to the current political tension here. On Thursday, PAL’s president ...

The Siem Reap provincial Department of Agriculture, Forestry and Fisheries said it will offer a 10 million riel ($2,500) reward to those who provide information regarding the suspects responsible for setting ablaze more than 20ha of kranhuong timber forest land in Banteay Srei district. Department ...

Flouting a government order, representatives of SL Garment Processing (Cambodia) Ltd yesterday refused to rehire 19 union representatives and activists during a meeting with the Ministry of Labour. Rehiring the 19 has been the key sticking point in ending the three-month-old strike, which erupted into violence ...

Cambodia on Friday issued an official letter to ban the opposition Cambodia National Rescue Party (CNRP) from conducting a rally on Sunday afternoon at the capital’s Freedom Park. In a letter to the CNRP, Phnom Penh Municipal Governor Pa Socheatvong said”The Ministry of Interior does not ...

According to more than 30 Angkor Beer promoters who are protesting Cambrew Ltd’s failure to comply to an Arbitration Council ruling, the company has threatened them with firings. The protestors plan on continuing the strike until the company meets their demands. The Cambodian Food and ...

Kampong Thom province Villagers patrolling Prey Lang forest on motorbikes yesterday defended their decision to burn more than 360 cubic metres of timber, tear down 10 huts used by “illegal loggers” and confiscate a chainsaw, a villager representative said. “All the villagers who provide evidence about ...

The National Assembly has produced its first code of ethics to ensure that all lawmakers work independently and humbly and uphold the country’s interest. Leng Peng Long, spokesman for the National Assembly, said yesterday said that the code of ethics approved earlier this month requires ...

Prime Minister-designate Hun Sen on Thursday defended his establishment of the Consultation Forum, saying it gives opposition parties an opportunity to contribute to nation-building. Speaking to over 17,000 garment workers in Kandal province, the Cambodian People’s Party leader was responding to criticisms from some members ...

Ministry of Environment spokesman Neth Pheaktra on Tuesday warned villagers not to believe ill-intentioned land agents and called on people to stop all illegal grabbing of state-owned land or face punishment in accordance with the law. He said that because land prices had increased dramatically, ...

Cambodia is not doing enough to combat human trafficking, the United States said on Thursday, leaving the Asian nation at risk of economic sanctions unless it takes firmer action. Corruption impedes law enforcement, prosecutions and provision of services to victims, the influential Trafficking In Persons ...

UN human rights experts have expressed concern about what they call an escalating trend of silencing political opinion, saying the government has used criminal law to deny former Cambodia National Rescue Party (CNRP) members’ the rights to expression and to hold gatherings. However, senior government ...

As the Ministry of Interior prepares to meet NGOs for the third time next Thursday, Kratie provincial governor Va Thorn has urged an estimated 152 civil society organisations, associations and communities in the province to follow the law, maintain political neutrality and refrain from getting ...

On the back of strong growth in the garment, construction and hospitality sectors, the national economy expanded by 7.3 percent last year, according to the Ministry of Economy and Finance. Presenting on the ministry’s latest report during a public forum on macroeconomic management and the ...

The Foreign Affairs Ministry has called on the United States to respect the Kingdom’s laws, saying that it should not meddle in Cambodia’s internal affairs. The ministry’s reaction follows a video clip released by the US embassy in Phnom Penh on Tuesday in which US State ...

Despite an increase in traffic law enforcement and awareness, traffic deaths continued to plague the country during the first six months of 2018. A National Police general department of traffic and public order report published yesterday said that 1,633 traffic accidents lead to 930 deaths ...

Leaders of the ruling and opposition parties yesterday met to hash out disagreements over commune election laws, but seemingly steered clear of sensitive matters such as the imprisonment of an opposition party senator and 14 political activists.Deputy Prime Minister and Interior Minister Sar Kheng and ...

The head of Cambodia’s Anti-Corruption Unit (ACU), Om Yentieng, has apologised for suggesting that the Kingdom’s traffic police might be corrupt.Yentieng’s about-face came yesterday at a public meeting about the new Traffic Law – which goes into effect today – attended by Deputy Prime Minister ...

With the Internal Revenue Service (IRS), the tax-collection arm of the United States government, stepping up its global sweep to catch American individuals and corporations hiding their overseas earnings, the American Chamber of Commerce in Cambodia yesterday held a presentation for investors and financial institutions ...