Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based manufacturer of clothes for U.S. athletic brands, has again delayed its listing on the Cambodia Securities Exchange (CSX), officials said Wednesday. The company was expected to list Thursday, but technical problems prevented it from doing so, according ...

To get his teenage daughter and niece on a plane yesterday after 10 months of alleged abuse and forced marriages in China, Kim Vicheat* said he had to bury his family in debt because the Cambodian consulate refused to fund their repatriation. The two 19-year-olds told The ...

ANZ Royal Bank chief executive Damian Bell has resigned from the post he held for not much more than a month, a company spokeswoman confirmed yesterday. He resigned “several weeks ago”, Libby Armstrong, a Hong Kong-based ANZ spokeswoman, said by phone. No explanation was offered for ...

In a bluntly worded statement, the Ministry of Foreign Affairs has shot back at critics of the Mam Sonando verdict, stressing that there were no political motivations to the case and accusing “outsiders” of trying to pressure a sovereign court. “Mr. Mam Sonando is the mastermind of ...

Prime Minister Hun Sen confirmed that the MS Westerdam, a cruise liner with a unique link to the Kingdom, will return to Cambodia in December. More than three years ago, at the height of the Covid-19 pandemic, the vessel was refused entry by several other ...

As the Kingdom looks back 45 years, while also gazing towards 2050, former Prime Minister Hun Sen, who remains president of the ruling Cambodian People’s Party (CPP), has offered several recommendations that should be implemented in 2024. ...

For the ethnic Bunong people in this northeastern province, animals are an integral part of the local economy. Pigs, chickens and water buffaloes offer a variety of sustenance and labour. But it’s the elephants that bring foreigners – and foreigners bring cash. “When I get tours, the ...

The China’s Taiwan leading bank, Mega International (ICBC), on September 30th, opened its first branch in Phnom Penh, aiming to attract more Taiwanese investors to Cambodia and boosting further business. “The Mega ICBC will bring capital investment injection into the economy of Cambodia, employment opportunities, upgrading ...

Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...

Aeon Thana Sinsap (Thailand) plans aggressive business expansion both here and in neighbouring countries. The leading Japanese non-bank company is using Thailand as a centre to expand its businesses in other Asean countries. Aeon Thana Sinsap plans to offer more financial services in Cambodia, Vietnam, Laos and ...

Toll Royal Railways (TRR), the current operator of Cambodia’s dilapidated rail network, restarted freight services to Kampot province yesterday, four months after it suspended its work. TRR’s resumption comes on the heals of a rival proposal to manage the train network by a consortium that includes one ...

The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...

More than 2,000 workers demonstrated in front of Phnom Penh’s Gladpeer Garment Factory yesterday, demanding a higher minimum wage and several other concessions. The workers decided to strike after the Por Sen Chey district factory did not respond to repeated requests to raise their monthly minimum ...

Eight hundred and sixty-eight workers have been fired from the Winson International garment factory after they refused to obey a Kampong Speu Provincial Court injunction last week ordering them back to work within 48 hours. Free Trade Union official Ry Sithinet said yesterday that the workers, ...

Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...

The government on Friday released a draft of a new public policy guide on the county’s contentious land sector, a move that was welcomed by NGOs, who also called for the government to hold further consultations on the draft. Local rights groups have singled out ...

Interior Minister Sar Kheng on Wednesday released a statement warning civil society groups that they would be in breach of their operating contracts should they offer support, directly or indirectly, to the opposition CNRP at its planned three-day demonstration beginning Sunday. The warning comes a day ...

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, ...

Police clashed Friday with a group of striking garment workers on the outskirts of Cambodia’s capital, leaving about 20 people injured, police and workers said. The incident occurred when thousands of striking workers-marching from a province bordering the capital-tried to get into the Phnom Penh Special ...

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 ...