Japanese financial group SBI Holdings Inc announced yesterday that it would launch a $50 million investment fund with The Royal Group to invest in local companies in a wide range of industries. In a statement, SBI Holdings also said that its securities company in Cambodia, SBI ...

Bilateral trade between Cambodia and Thailand fell by about 15 percent in the first four months of the year, compared to the same period last year, due to the Kingdom’s decreasing imports of oil, food and beverages from its neighbor. ...

Less than one week after refusing to create a way for migrant workers to vote in the coming elections, the National Election Committee (NEC) yesterday asked the Interior Ministry to urgently intervene and allow National Police units and Royal Cambodian Armed Forces to vote near ...

A high-ranking army official, his driver and two others were charged with drug trafficking yesterday following a series of arrests over the weekend and a raid that yielded nearly 5kg of methamphetamine. Questioning of the four by prosecutors at the Phnom Penh Municipal Court finished yesterday ...

Fast food chain KFC lost more than half-a-million dollars in the first half of 2012, according to a statement to the Malaysian stock exchange last week by the majority owner of KFC Cambodia, QSR Brands. The statement said that the company suffered losses of $578,000 in ...

The government was to resume rail services between Phnom Penh and Sihanoukville Friday in collaboration with Toll Royal Co, Richz Electronic Services and the Asian Development Bank, sources said. ...

Malaysian telecommunications company Axiata Group Berhad reported Wednesday that its Cambodian brand Smart has seen strong growth in the first nine months of the year, with revenue increasing by 36 percent compared with the same period last year. In its third quarter financial report, Axiata said ...

Following the announcement of recent reforms to Cambodia’s customs department and Commerce Ministry, a revision of the country’s investment law is planned for next year, according to the secretary-general of the Council for the Development of Cambodia (CDC). Speaking to reporters at a workshop at the ...

A two-star general in the Royal Cambodian Armed Forces was arrested Friday on charges of defamation, police and prison officials said Friday. On Friday, police officers from the Interior Ministry’s penal department arrested Major General Chea Dara, who works at the Ministry of Defense, following a ...

Royal Group executives, owners of Cambodia’s leading mobile phone operator Cellcard, vigorously denied the veracity of a London-based media report on Friday that claimed the phone company is looking for investors and wants to sell off its telecommunications towers because it is unable to raise ...

Twelve Cambodians were shot dead by Thai security forces on March 5 after illegally crossing the border from Choam Ksan district in Preah Vihear province to log timber, Cambodian officials said yesterday. Another three illegal loggers were killed on Wednesday and two others are still missing, ...

A class of 110 military officers-in-training who graduated from a Royal Cambodian Armed Forces (RCAF) academy in Kompong Speu province last week have been granted the name of “Techo Development” officers, according to a post on the website of the ruling CPP. The class, which graduated ...

Hundreds of indigenous villagers on Monday threatened to continue protests against the developer of a controversial hydropower dam in Cambodia if it does not halt construction of the project, which they say will negatively affect their cultural traditions and livelihoods. ...

Prime Minister Hun Sen last week appointed 14 high-ranking officials to a working group that is now responsible for overseeing his bodyguard unit during all events that he and his wife attend, the unit’s commander said Thursday. ...

Cambodian and the U.S. senior military officials met here Wednesday and vowed to strengthen and expand bilateral ties and cooperation for mutual benefits. The commitment was made between Gen. Pol Saroeun, commander-in- Chief of the Royal Cambodian Armed Forces (RCAF), and visiting Gen. Vincent K. Brooks, ...

An inter-governmental anti-money laundering group has stopped monitoring Cambodia after it said the Kingdom had made “significant progress” toward fighting financial crimes. ...

The Tbong Khmum Provincial Court has not issued an arrest warrant for the nephew of a senior Royal Cambodian Armed Forces (RCAF) general despite police naming him as the suspect in the shooting of another man more than five months ago, according to officials and ...

The Royal Government of Cambodia (RGC) has issued a sub-decree to establish the General Department of Digital Economy that will exclusively function under the Ministry of Economy and Finance (MEF) to direct, regulate and develop the digital economy in the country after the Deputy Prime ...

With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...

ANZ Royal customers will be able to make tax payments in local currency and in US dollars at all bank branches and online starting in April following the signing of a memorandum of understanding (MoU) with the Economy and Finance Ministry on Friday. ...