Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...

Cambodia’s garment sector is in danger of losing its reputation for adherence to international labor standards because of the widespread use of “abusive temporary labor contracts,” according to a report released by Yale Law School on Wednesday. “Cambodian garment manufacturers have adopted the practice of ...

Prime Minister Hun Sen has offered to pay back the lost salaries of opposition lawmakers who were stripped of their parliamentary posts in June by the then CPP-led National Assembly, a CNRP official said. The offer to back-pay the 27 lawmakers from the Sam Rainsy Party ...

The drafting of a law on e-commerce that would regulate electronic transfers in Cambodia has been postponed because the World Bank has suspended funds over the government’s handling of land evictions in Phnom Penh. In September, Commerce Minister Cham Prasidh said that the government should aim ...

The UN’s Special Rapporteur on Human Rights in Cambodia yesterday asked the Interior Minister to justify the dissolution of the opposition Cambodia National Rescue Party. Rhona Smith is on a 10-day mission to the Kingdom and yesterday held a closed-door meeting with Interior Minister Sar ...

Cambodia’s casino owners need to up the ante on security, the owners of each of the Kingdom’s 61 operating gaming venues were told yesterday at a Phnom Penh meeting called by national police authorities. Lieutenant General Sok Phal, deputy national police commissioner, said that in recent ...

As the latest draft of Cambodia’s long-awaited trade-union law sits idly at the Council of Ministers, Ministry of Labour officials have turned to outsiders to help hasten its enactment, a union advocate said yesterday. Dave Welsh, country director of the American Center for International Labor Solidarity, said ...

An Australian teacher charged with sexually abusing six young boys claimed during the first day of his trial at the Phnom Penh Municipal Court Tuesday that an anti-pedophile NGO framed him. George Moussallie, 52, a former English teacher at the American Pacific School in Phnom Penh, ...

Over 70 judges and justice ministry officials from throughout ASEAN gathered at a U.S.-supported ASEAN legal and judicial cooperation workshop in Cambodia this week for an unprecedented exchange of ideas on the rule of law in the ASEAN region. Representatives from the ASEAN Senior law Officials Meeting (ASLOM), ASEAN Member State judicial bodies, and the ASEAN ...

One of the personalities closely associated with the development of the stock exchange in Cambodia, Morten Kvammen, a director at SBI Royal Securities, says the CSX needs more companies to list in order to be successful. Kvammen, a graduate of the Wharton School of Finance and ...

Prime Minister Hun Sen has said the ruling Cambodian People’s Party (CPP) will never tax farmland. “It would burden our farmers,” he said in Takeo Sunday. “Although national revenue that comes from land taxes is spent on building roads, water systems, hospitals and  schools, we still ...

Primary school students playing outside their school in Oddar Meanchey province discovered an exposed landmine in the school yard on Wednesday. Students at Hun Sen Anlong Veng Primary School found the mine poking out of the ground “like a custard apple” while they were playing near ...

The vast majority of Cambodians – 81 per cent – believe the Kingdom is headed in the right direction, according to an International Republican Institute survey on democratic governance released yesterday. Key reasons respondents gave for their upbeat assessment included the building of more roads, bridges, health clinics ...

Cambodia’s ruling party- controlled National Assembly has unanimously passed three laws, designed to strengthen the country’s judicial system, despite ongoing boycott of parliament by the main opposition party. The law on the Organization of the Judiciary was adopted on Thursday, and the laws on the Organization ...

Interior security officials yesterday called on the casino operators to improve their security following a spate of casino-related crimes and said they would be creating tougher legislation for those who flouted the country’s gambling laws. More than 60 casino owners gathered at the National Police headquarters ...

Despite the recent spate of high-profile arrests and deportations, analysts, attorneys and civil society groups are divided on whether the Kingdom is finally beginning to live down its reputation as a haven for the fugitives and criminals who have long been drawn to the country ...

The Svay Rieng Provincial Court director said Tuesday that the bus company involved in a deadly crash that killed 19 people and injured 21 in Svay Rieng province in May has had its latest compensation offer rejected by the victims’ families. ...

Established by the 2006 Law on Commercial Arbitration, the National Commercial Arbitration Centre of Cambodia (NCAC) is an independent not-for-profit institution that aims to offer impartial and effective alternative dispute resolution. There are currently more than 60 arbitrators on the NCAC panel.   ...

A ministry announcement yesterday said initial talks to set the parameters for the mew minimum wage were scheduled for this month and discussions between it, employers and unions will take place next month. ...

The Chinese Embassy in Phnom Penh on Thursday lauded law enforcement cooperation efforts between the two countries that have seen around 1,000 Chinese nationals, accused of varying crimes, deported in the last 12 months. To mark the occasion, the Chinese Embassy posted on Facebook that at least 1,000 ...