Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ...

H&M Hennes & Mauritz’s head of sustainability Helena Helmersson was in Cambodia last week to meet with ILO/Better Works Cambodia on how to improve working conditions in export garment factories. Helmersson said in a blog post that the lack of dialogue between workers and factory management ...

The Ministry of Industry and Trade (MIT), in conjunction with the Cambodian Ministry of Commerce, held the 5th Conference on Vietnam-Cambodia Border Trade Development Cooperation in southern Binh Phuoc province on January 9. According to Minister of Industry and Trade Vu Huy Hoang, bilateral economic ...

Forestry Administration officials have seized equipment valued at $1.5 million from a Banteay Meanchey province biofuel plantation, which is being investigated for fraud in the UK, company and forestry officials said yesterday. Sustainable Agro Energy’s assets were frozen in February and investigators at the U.K.’s ...

Prime Minister Hun Sen lashed out at unnamed critics yesterday, saying there was no corruption in large-scale development projects backed by foreign aid. “[For example] as for the Neak Leung bridge or Kizuna bridge Japan runs its bids in Tokyo. Therefore, only Japanese companies have the ...

Group Lease Plc (GL), the SET-listed motorcycle leasing firm, is planning to expand into Laos and Vietnam next year after a successful move into Cambodia last year. Mitsuji Konoshita, the chairman and chief executive, said both Laos and Vietnam are promising markets, while the company ...

In a $1.3 million investment, a new Japanese restaurant opened in the Phnom Penh Special Economic Zone (PPSEZ) last week amid the large presence of Japanese companies in the area. The 1,000-square-metre Tokyo Restaurant looks to “help to [showcase] the culture of Japanese food, and provide ...

Vietnamese enterprises are increasingly investing overseas, especially in Myanmar, Laos and Cambodia, it has been announced. Elsewhere in the region, the Viet Nam Rubber Group has invested in growing rubber plantations in Laos and Cambodia since 2007 and aims to own 100,000 hectares by ...

Half a year after the first Cambodian domestic workers network formed, Cambodian activists for maids’ rights are turning to workers in other sectors and international organisations for solidarity and support. Long lacking organised representation, Cambodian domestic workers this Wednesday will join workers in other industries in ...

A new Malaysian player in Cambodia’s expanding banking sector aims to capture the “emerging affluent” with its mobile and online services. Malaysian-based Hong Leong Bank will begin operating in Phnom Penh today, with a branch on Street 214. Joe Farrugia, CEO of Hong Leong Bank Cambodia, ...

A 3-year-old boy from Prey Veng province’s Kompong Trabek district has contracted avian influenza, a deadly disease that has killed seven children and two men so far this year in the largest outbreak the country has seen, the Ministry of Health said in a statement ...

The National Consumer Affairs Center of Japan and related bodies are warning of a rise in fraudulent investment schemes involving real estate in Cambodia, where economic growth is boosting foreign investment. The center received 1,312 inquiries between October 2011 and early this month from consumers who ...

The number of foreign and local tourists who spent time in Cambodia’s coastal destinations increased in 2013, according to provincial officials in Preah Sihanouk, Kampot, Kep and Koh Kong provinces. Foreign visits swelled to 302,325, a 42 per cent rise compared with the same period ...

The Royal Cambodian Armed Forces (RCAF) on Friday voiced its support for Prime Minister Hun Sen’s government as anti-government protests have intensified in recent weeks. “The RCAF vows to support the leadership of Prime Minister Hun Sen in the fifth term government,”the Ministry of Defense ...

The burning of a bridge that provided access to the Lumphat Wildlife Sanctuary in Ratanakkiri is the handiwork of two oknhas and local environment officers, villagers have claimed. In a complaint to rights group Adhoc, members of the ethnic Lao community in Kon Mom district say ...

Hydropower developers in southern Laos have fired back at the World Wildlife Fund after the conservation group issued two disparaging reports in as many weeks on the Don Sahong dam project. WWF released a brief on February 19 alleging that construction of the 260-megawatt damcould result ...

The Siem Reap provincial department of education, youth and sports overruled a decision by the director of the provincial teachers training center to ban two outspoken teachers-in-training from their upcoming final exam after a successful protest by about 250 of their peers Tuesday. Vin Savy, 21, ...

The Anti-Corruption Unit on Monday ordered the arrest and imprisonment of a former Preah Vihear province tax official who was convicted in absentia in December and sentenced to three years in prison for exploiting his position for personal gain. According to the ACU’s announcement, former provincial ...

Four Vietnamese rubber firms are responsible for destroying an estimated 1,000 hectares of community forest, including an indigenous graveyard, in Ratanakkiri’s Andong Meas district, a group of NGOs have claimed. The land dispute involving 196 families living in Talav commune dates back to 2011, Chhay Thy, ...

The amount of land used to grow longans has doubled in the past two years, but a lack of supply-chain infrastructure is hampering farmers’ ability to get top dollar for their product, the fruit’s body says. Sreng Sreang, deputy director of the Pailin Longan Farmers’ Community ...