Cambodia has offered the license for the United Kingdom’s Prudential Company to invest the life insurance in the kingdom. The announcement was made during the meeting between UK ambassador to Cambodia Mark Gooding and deputy prime minister and minister of economy and finance, his excellency Keat Chhon in Phnom Penh. “Ministry granted the approval for ...

An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...

The Government already issued a Decision to require the employers to increase the minimum wage for the factory workers to USD 100 per month, starting from February 2014, said a government official. Vong Savann, a senior official of the Labor Ministry added that the Decision was ...

Konrad-Adenauer-Stiftung (KAS) in Cambodia will launch a book on “The   Development of Cambodian Administrative Law” on 07th of May 2014 at 05:30pm at Raffles Hotel Le Royal. In its press statement, KAS said that by offering readers an overview on the status and development of administrative ...

Cambodia will join the bidding for the Philippine government’s latest rice import offer, a senior rice industry official says. The Philippine government’s National Food Authority (NFA) last week authorised the import of 500,000 tonnes of rice to the country. The bidding process, which is looking for the ...

Seven union leaders protesting against being sacked from the Vantage River Textile factory in Preah Sihanouk province each agreed yesterday to accept $300 compensation. Worker representative and sacked employee Keo Srey Pich, 22, said three hours of negotiations between the union, workers and the company, in ...

More than 250 indigenous Kuoy families in Preah Vihear province have refused to accept compensation from a gold mining company that has offered them just $500 per hectare of land. ...

Although economic risks from the Covid-19 crisis linger, Cambodian real estate still offers a wealth of potential, as well as reasonably low prices for investments, especially in a handful of key localities marked by burgeoning interest and a gradual pickup in investment activity, according to ...

The Mekong River Commission (MRC) agreed yesterday to delay a decision on Laos’ proposal to build the first hydropower dam on the Lower Mekong River in order to allow Japan to conduct further environmental impact studies on the dam project. Although Cambodian officials welcomed the outcome, ...

Aeon Insurance Service (Thailand), the insurance broker of Aeon Thana Sinsap (Thailand), will study doing business in Cambodia as part of its synergy with Aeon Group, which is constructing its first mall in Phnom Penh. Managing director Sakarabhop Dhivarakara said yesterday that even though there were ...

Students who failed this year’s grade-9 and grade-12 examinations should not despair as the government has provided alternative options for those who want to continue their studies, a Ministry of Labour and Vocational Training official said. ...

The Ministry of Social Affairs yesterday signed agreements with three NGOs to promote Cambodian children’s rights and their studies in the community. The NGOs were MIKI Home Cambodia, New Hope For Cambodia Children, and Meta and Mission Community. ...

The government is planning to construct two more bridges across the Mekong River, and although feasibility studies are already underway, realtors are unsure as to whether land prices in the areas they connect will rise, they told Khmer Times yesterday. ...

The first-ever study to measure compliance with Cambodia’s new Law on Accounting and Auditing found few companies willing to talk about their accounting practices, and a low rate of compliance among those that did.   ...

City Hall is in the midst of conducting preliminary studies to assess the feasibility of building either an overpass or an underground tunnel at the Chaom Chao roundabout in an effort to ease traffic congestion in the area. ...

A 30-month study by Vietnamese researchers on the impact of 11 proposed hydroelectric dams in the Lower Mekong Basin (LMB) has found that the economic damage to Cambodia alone will be worth some $450 million per year. ...

Officials from China’s Export-Import Bank are expected to visit Cambodia this week to study granting a loan to a Chinese construction firm to build a $1.6 billion, 190-kilometer long expressway from Phnom Penh to Sihanoukville. ...

A Chinese state railway construction contractor has approached the government with a bid to conduct a feasibility study on connecting the capital’s river port to the Kingdom’s sole operating railway line, a state official said yesterday. ...

Phnom Penh’s median household income could swell to surpass the projected level of Bangkok within 15 years if the city’s rapid urbanisation is properly managed through effective policymaking and adequate city planning, according to a new study. ...

Cambodia and Vietnam currently lack a system to effectively forecast and control flooding in the Sesan and Srepok river basins, both at the national and intergovernmental level, according to a study published by the Mekong River Commission (MRC). ...