The National Bank of Cambodia (NBC) said declines in personal income and savings in 2020 pose the primary risk for a potential increase in personal debt in the Kingdom in 2021, according to its Macroeconomic and Banking Sector Update 2020 report. ...

Whenever you build a structure, you always start with a plan that exists first as an idea and then makes its way to paper and then usually a model: and this is true of ships or skyscrapers. Then comes the construction process when you bring in ...

Despite touting its Cambodian venture on the Frankfurt Stock Exchange (FSE), a British registered mining firm’s plan to extract gold in Ratanakkiri province stalled and the firm may face legal action over a failed deal to obtain an exploration license. Astra Resources Plc. has also gone ...

In a rare intervention, the Thai Labor Ministry has stepped in to stop the exploitation of migrant workers from Cambodia and Myanmar at a seafood factory in the country’s south, correspondence obtained by the Post reveals. The ministry found the Phatthana Seafood factory, in Songkhla province, which employs ...

The company behind the defunct mobile operator Mfone has told its former employees that it will consider covering millions of dollars allegedly owned to them in severance pay. The former employees have vowed to keep protesting until they are paid the $44.44 million to which ...

Two monks living a remote pagoda in Kampong Speu province’s Oral district said yesterday that a shot had been fired at their living quarters last Tuesday in what they suspected was a threat motivated by their conservation efforts and participation in an opposition rally. Venerables Sam ...

A man has been arrested for his alleged role in the killing of a landowner following a dispute over a boundary at a rubber plantation in Ratanakkiri province, dep­uty provincial police chief Phen Dina said Tuesday. Sok Na, 48, who was arrested on Monday evening at ...

Teachers around the country will recommence a labor strike today, demanding a raise in salary to $250 per month, teachers and the Cambodian Independent Teachers Union (CITA) said Tuesday. Teachers in Phnom Penh and at least five provinces on Monday began piecemeal strikes after CITA leader ...

Though Cambodia had four years to implement 91 recommendations on how to improve its human rights record, U.N. member states still had to push for action in a number of key areas during its second Universal Periodic Review hearing in Geneva on Tuesday. In a speech ...

As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...

Australia’s pact to allow some refugees to be transferred to Cambodia sets a troubling precedent for international practices on handling asylum seekers, according to the UN High Commissioner for Refugees. The deal, signed yesterday in Phnom Penh, applies to an initial 200 refugees detained by Australia ...

Ahead of elections 10 years ago, people across the country would hoard rice in case the vote sent the country spiraling into a state of turmoil. Businesses across the country would bide their time before making any major investments. And those who could afford to ...

Injecting methamphetamines is on the rise in Cambodia, particularly among younger addicts, as recreational users have begun to switch from smoking and pill-popping to mainlining, a report by the Australian National Council on Drugs suggests. The report, released yesterday, details how amphetamine-type stimulants (ATS) and their ...

About 100 villagers representing 19 communities in Preah Sihanouk province marched to the provincial hall in Sihanoukville on Tuesday, demanding intervention in their land disputes. ...

The National Museum in Phnom Penh has launched a new exhibition called “Photovoice of Cambodian Women in the Past, at Present, and in the Future.” ...

Deutsche Bank and the World Bank’s International Finance Corporation (IFC) have poured millions of dollars into Vietnamese rubber companies operating in Cambodia that have engaged in illegal logging and forced evictions of local farmers, the environmental rights group Global Witness says in a new report ...

Seven fishermen who were trafficked to work on trawlers in waters off Micronesia were repatriated to Cambodia yesterday, the fishermen and a rights worker said. The men, who left Cambodia in 2010 and 2011 to work for Giant Ocean International as fishermen in Singapore, were trafficked ...

The Ministry of Tourism has begun discussions with the Asian Development Bank (ADB) over a $30-million loan to fund infrastructure in coastal provinces that would support tourism development. The government has announced plans to use the money to build two seaports in Preah Sihanouk province – ...

The July 12 arbitration decision by the Permanent Court of Arbitration at The Hague in favor of the Philippines’ maritime rights against China’s overarching claims in the South China Sea means Asean will need to play an active, diplomatic role in diffusing tension and maintaining ...

A stunning rise in the value of construction projects approved by the government in the first half of the year could be a sign that developers have found a willing ally in the newly appointed minister of land management, who has pushed through hundreds of ...