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, lass='cambodia-color'>...

The Phnom Penh Water Supply Authority (PPWSA) announced the construction of a fifth water treatment station yesterday, saying that without an additional plant, the capital could face a severe clean-water shortage as soon as 2017. Speaking at a press conference organised by the Japanese International Cooperation lass='cambodia-color'>...

Ten buses set off Wednesday morning along Monivong Boulevard in Phnom Penh on a month-long test-run to determine if the public is ready to jettison their motorbikes and luxury cars and hop on board mass transport. This is the second attempt by the Japanese International Cooperation lass='cambodia-color'>...

Many small and medium companies of Japan are showing their interest in doing business in Cambodia, according to an assistant of Prime Minister Hun Sen. 99 percent of Japanese small and medium companies are interested in investing in Asia, especially in Cambodia, which is located lass='cambodia-color'>...

Prime Minister Hun Sen of Cambodia believes that within 6 months, Cambodia will have direct flight from Japan, which will help promote tourism and investment in the Kingdom. The Premier made such comment January 31 during his meeting with Delegates of World Tourism led by Mr. lass='cambodia-color'>...

Prime Minister Hun Sen on Friday asked Japan to help repair Cambodia-Japan Friendship Bridge Chroy Chanvar as cracks are found on this nearly five-decade bridge. Hun Sen made the request during a meeting with Akihiro Ohta, Japanese Minister of land, Infrastructure, Transportation and Tourism, at the lass='cambodia-color'>...

A Japanese company plans to invest in silk production, breeding silk worms in Battambang province to process into consumer products and exports, to boost economic growth and create more local jobs. lass='cambodia-color'>...

The Council of the Development of Cambodia (CDC) has approved 150 investment projects worth approximately $2.9 billion proposed by Japanese investors in the country as of the end of January this year, according to the figures released in a press release issued yesterday by CDC lass='cambodia-color'>...

Striking workers planned to set tyres aflame today outside a garment factory that supplies JC Penney in the capital’s Por Sen Chey district, union officials said yesterday on the sixth day of the strike at Hong Kong-owned Win Shing-tex Cambodia Co ltd. Ath Thorn, head of lass='cambodia-color'>...

Sonatra Microfinance Institution, a joint investment between local and foreign investors, officially started operations in Cambodia yesterday. A US$50 million loan package was signed during the ceremony on Thursday, providing Singapore-based EastWing Group and Japanese firm Grand Cooperation with a 30 per cent stake of the lass='cambodia-color'>...

The Kingdom’s 27 casinos are set to generate about US$20 million in tax revenue for the government in 2011, a 25 per cent year-on-year increase, according to the Ministry of Economy and Finance. At least one government official, however, said the lack of a regulatory regime lass='cambodia-color'>...

A sacked union official at the Tropicana Casino and Resort in Beanteay Meanchey province’s Poipet town said yesterday hundreds of workers would strike again if he and a colleague were not reinstated after negotiations on Sunday. lass='cambodia-color'>...

Approximately US $75 million will be invested in Cambodia and laos by leopard Capital. The company will focus on financial service, agriculture and power. The 10 year fund is targeting annual returns of 25 percent and will favor renewable energy sources. lass='cambodia-color'>...

Cambodia had attracted some $427 million of investment from China last year, up 62 percent compared with the $263 million in a year earlier, according to a report by the Council for the Development of Cambodia (CDC). The cumulative Chinese investment in Cambodia has totaled $9.6 lass='cambodia-color'>...

In a meeting Thursday in Siem Reap province with about 270 provincial officials and members of the opposition CNRP, party President Sam Rainsy promised to find a “win-win solution” to the members’ demands that the provincial CNRP chief be removed from her post. lass='cambodia-color'>...

The government announced last week the establishment of the country’s first marine national park, the Koh Rong National Park, which covers the Koh Rong archipelago off the coast of Sihanoukville. The new national park, set up by a sub-decree signed by Prime Minister Hun Sen, aims lass='cambodia-color'>...

Japanese investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth—and to avoid driving Japanese companies to other attractive investment destinations such as Burma —the lass='cambodia-color'>...

In the first six months of this year, Cambodian authorities deported more than 1,000 foreign nationals living illegally in Cambodia. The deportations were made to ensure the safety of citizens and prevent cross-border crimes. lass='cambodia-color'>...

More than 1,000 Cambodians in Tokyo, Japan, demonstrated on Sunday, demanding that the Japanese government cease supporting the upcoming national elections. The protesters asked the Japanese government to declare that it will not support the national elections on July 29 or its results. lass='cambodia-color'>...

Nineteen NagaWorld casino employees were detained Tuesday afternoon as police attempted to break up a protest of more than 500 workers who had picketed in front of the casino for the past six days, demanding the company increase their salaries.  The workers had been striking non-violently lass='cambodia-color'>...