Cambodian Public Bank is responding to the Coronavirus crisis by taking pro-active action to provide help to its customers in distress by restructuring and rescheduling their loans to eligible individual and business customers. ...

The National Career and Productivity Fair 2023, scheduled for Nov. 10 and 11, will offer more than 20,000 vacancies for potential young people and interested workers. ...

Cambodian worker representatives have called for a $14 increase in the minimum wage, while employer representatives have proposed a $1 increase on the current rate of $204 for 2025, according to a press release from the Ministry of Labour and Vocational Training following a meeting ...

The U.S. Federal Bureau of Investigation (FBI) has agreed to Cambodia’s request for greater assistance as it attempts to “crack down” on U.S.-based dissidents, according to the National Police Commissariat website. A delegation led by National Police Chief Neth Savoeun returned Saturday from a three-day visit ...

The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...

Limestone Network, a Singaporean startup, is planning to build a smart city in the heart of Phnom Penh. International startup media platforms reported this week that Limestone Network is seeking to transform the face of Southeast Asia by building smart cities powered by blockchain technology. Limestone ...

EU Ambassador to Cambodia Carmen Moreno applauded the country’s efforts to control the Covid-19 crisis and said the EU is transferring a €56 million ($66.7 million) grant to help restore the economy, said a Ministry of Economy and Finance press release. ...

Kandal provincial governor Kong Sophorn told Khmer Times yesterday that 11 families who don’t want to accept a cash settlement for their land within the construction area of the new international airport can choose a “land swap” instead. ...

Despite a wave of international concern over the shutdown of independent media Voice of Democracy (VOD), Prime Minister Hun Sen said that the outlet’s license will not be restored and offered VOD reporters government jobs instead in a Facebook post Tuesday. ...

Despite earlier statements by company representatives that $500 compensation packages being offered to land disputants at Ly Yong Phat’s Kampong Speu economic land concession (ELC) were negotiable, attendees of a meeting between company representatives and residents yesterday said they felt pressured to take the offer. ...

ADB (Asian development bank) pledged to offer $55 million loan for infrastructure restoration from flood damage last year in Cambodia. At the same time, AusAid also offered 5.25 million US dollars, and the Cambodian government will spend 6.39 million US dollars for the whole infrastructure ...

A total of 13 out of 14 families locked in a land dispute with the Union Development Group in Koh Kong province on Tuesday accepted a compensation offer over crops destroyed by the company in January. Negotiations are also under way with the one family ...

The National Assembly yesterday unanimously approved plans by SPHP (Cambodia) to invest in a new hydroelectric dam in Pursat province, as well as plans by Schnei Tech to build solar farms in Pursat and Kampong Chhnang province. Since power cuts began in March across the ...

Two internationally-backed cashew processing plants are slated to begin operating in Kampong Thom province, with a potential export manufacturing capacity of more than 20,000 tonnes per year. ...

On course to become the third listed company on Cambodia’s stock exchange, Phnom Penh Autonomous Port (PPAP) kicked off a road show for its initial public offering (IPO) yesterday to prospective investors.PPAP, the state enterprise that operates Cambodia’s second-largest port, is seeking to raise up ...

Workers from the beleaguered Ocean Garment Factory on Monday came to an agreement with management over furlough pay, following more than a month of protests. “All the workers at Ocean Garment Factory have accepted the offer from the factory and the strikes are finished now,” said ...

The National Election Committee (NEC) plans to hold a pilot election on May 23 to test the accuracy of registered political parties, candidate and voter lists, and vote counting using information technology. The election is in preparation for the upcoming commune and national elections set ...

Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising prices ...

Malaysian Prime Minister Mahathir Mohamad on Monday hailed Cambodia’s prosperity, praising its “hard-working” and “skilful” people for rebuilding the Kingdom. The 94-year-old leader was speaking to university students, government officials and diplomats at the Royal university of Phnom Penh as he began a three-day visit, ...

Since just before the pandemic started, Chhoum Phen has changed his job more than five times within Hi-Tech Apparel, the garment factory he has worked at for more than five years. ...