Taiwanese garment manufacturer Grand Twins International says it will officially list and start trading on the Cambodia Stock Exchange (CSX) on May 8 after spending several weeks whipping up interest from local investors, whose appetite remains on the low side so far. Stanley Shen, a spokesman ...

The Ministry of Economy and Finance on Monday announced the release of standardised bidding forms for public contracts, a measure it said would increase transparency and accountability, though the opposition and Transparency International Cambodia offered more cautious assessments yesterday. According to a state media announcement, the ...

About a dozen Tuol Kok district security guards in Phnom Penh on Tuesday blocked three families involved in a long-running land dispute from building a fence around the disputed property in Boeng Kak I commune, an official said. Deputy district governor Saing Sopheak Vichet said the ...

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 ...

According to the Annual supervision report 2020 by the National Bank of Cambodia (NBC), the key bodies in the banking system consists of:51 commercial banks12 specialized banks75 microfinance non-deposit taking institutions6 microfinance deposit-taking institutions245 rural credit institutionsIn addition, there are financial leasing companies, third-party processors, ...

Trash collection in Siem Reap province, Cambodia. Photo taken by David Villa, taken on 12 January 2008. Licensed under CC BY 4.0 deED.Solid waste is defined as “used things, materials, or products that remain or are generated from human daily activities and livelihood and do ...

Social land concessions (SLCs) are intended to provide to the landless or land-poor land on which to establish residences and/or generate income through agriculture. The Cambodian Government that more than 30,000 households have received land as social land concessions. despite its pro-poor intention, the SLC ...

The National Bank of Cambodia (NBC) was established through the Law on the organization and conduct of the National Bank of Cambodia in 1996.157 NBC is the nation’s central bank, whose mission is to determine and direct the monetary policy in order to maintain price ...

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 ...