Cambodians can now invest in gold through one of the Kingdom’s Malaysian-owned banks, CIMB. The investment product has been met with mixed reviews from experts, but could tap a popular and traditional means of investment. CIMB’s Gold Deposit Account would give customers a gold-backed investment option without ...

The private sector is concerned that the newly proposed universal minimum wage law, which is reportedly being drafted by the government and comes on the heels of numerous new labour regulations, has created a climate of uncertainty, according to an industry expert. ...

A senior official at the Commerce Ministry and the secretary-general of the Garment Manufacturers Association in Cambodia (GMAC) were both silent yesterday regarding a letter sent to the ministry by garment buyers on Friday, urging the government to intensify its investigation of last month’s triple ...

The Ministry of External Affairs today signed two agreements with the public sector WAPCOS Limited for assisting Cambodia in water resources management. One of the agreements is on Study of Ground Water Resources of Kampong Spue Province in Cambodia and the other on Development of ...

Civil society leaders on Sunday called on the country’s two major political parties to scrap plans to ban them from giving media interviews during election campaigns and from issuing statements that “insult” any party. CPP Deputy Prime Minister Bin Chhin and senior CNRP official Kuoy Bunroeun, ...

Phnom Penh officials announced on Monday that the city had finalized its offer of compensation to 154 families who have spent years protesting their eviction from the Borei Keila neighborhood. ...

Three Thai banks – Siam Commercial Bank (SCB), TMB Bank (TMB) and Kiatnakin Bank (KKB) – together with Netherlands-based inG Bank have offered a syndicated loan of US$65 million (Bt2.2 billion) to PRASAC Microfinance institution, the biggest microfinance provider in Cambodia. ...

Two of the country’s largest mobile phone operators are again offering attractive deals on calls, despite the Telecommunication Regulator of Cambodia’s (TRC) recent order to mobile operators to follow the government’s minimum prices for calls and to scale back customer promotions. On Sunday, Smart, which is ...

A prominent environmental activist has reached out to the UN Special Rapporteur on Human Rights and the Environment in a bid to have him oppose a timber trade deal set to be inked between the European Union and Vietnam. ...

Ahead of a mission to the Kingdom by UN’s Special Rapporteur on Human Rights in Cambodia, a spokesman for the Cambodian People’s Party (CPP) yesterday said Cambodia has never been sanctioned by the UN for violating human rights, noting that the rapporteur and other rights ...

As parties prepare for Case 002/01 appeal hearings, set to resume on Tuesday, a new report by the Open Society Justice initiative examines the legacy of the Khmer Rouge tribunal, identifying political interference and insufficient outreach as the court’s primary shortcomings. ...

Representatives for garment sector employers and employees will vote on Wednesday for their respective final proposals for the new minimum wage next year.​ Two weeks ago, members of the tripartite minimum wage negotiations began a series of meetings to discuss their various salary proposals. The Garment Manufacturers ...

The National Election Committee (NEC) dismissed a request to help migrant workers vote in the upcoming elections, despite creating a system similar to what was requested for soldiers only seven days ago. NEC spokesman Hang Puthea said they would be unable to help the roughly ...

Cambodia is seeking to register more than a dozen crocodile farms under an international treaty that protects the critically endangered Siamese crocodile, paving the way for the legal export of crocodile skins to lucrative overseas markets, according to state officials. ...

As a signatory to an international treaty to protect endangered species, Cambodia has made the sale of shark fins completely illegal. in practice, however, fins are sold openly and without repercussions from authorities. ...

With just two months to go until Cambodia’s commune elections, more than half of respondents to a new survey could not identify Election Day. The finding was detailed in a report released on Wednesday by the Committee for Free and Fair Elections in Cambodia (Comfrel) ...

A hacker behind a series of leaks smearing senior government officials and their relatives on Thursday warned that the government’s online list of registered voters for the June 4 commune elections was vulnerable to hacking and urged experts to make the site more secure. ...

The Korea International Cooperation Agency (Koica) said on Wednesday it has embarked on a feasibility study – Project of MIne Action for Human Development Programme In Cambodia – to advance community development In villages that have been deemed mIne-free. ...

Bilateral trade between Cambodia and ASEAN member state Malaysia rose by 34 per cent year on year in 2011 to US$319.5 million compared to the year before, according to data from the Embassy of Malaysia in Phnom Penh released yesterday. Experts noted the nearly 100 per ...

Cambodia’s factories are moving away from producing the most basic clothing items and diversifying to manufacture more intricate products for international buyers. As the garment sector has grown over the past decade, most garment factories have stuck to producing items such as T-shirts and jeans due ...