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 ...

Most Cambodian university students have heard of their country’s fledging extractive industry. But with little access to information, few are aware of how revenue from this industry is being managed. Most of this information remains unavailable, and some are now voicing their concerns about corruption ...

Political campaigning in Cambodia’s local elections began on Saturday and has so far passed without incident. Cambodians in Phnom Penh on Monday said they hoped that the election could be conducted fairly and free of violence. Sim To, a second-year student at Paññāsāstra University of Cambodia, ...

Revenue from the Phnom Penh Water Supply Authority – the first listed company on the Cambodian stock exchange – will be cut 800 million riel ($200,000) per year as the company implements a concession plan to lower water prices. The plan was passed after the government ...

The Cambodia Securities Exchange may launch as soon as March or April, according to an official at the Korea Exchange, the Kingdom’s partner in launching its stock market. Final preparations for the CSX’s  initial public offerings should be complete at that time, Pat Gil-soo, senior vice-president ...

Japan’s second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a representative office in Phnom Penh on Friday. The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, ...

Tens of thousands of workers contracted by the government to prepare Cambodia for the June 4 commune elections, many of whom are still waiting to be paid for work in February, will have to wait for their March and April salaries until after Khmer New ...

The Japanese government has today provided $439,261 to a Ja-based NGO to carry out a project offering support to small holders through contract farming of organic cashew nuts through Agriculture Cooperatives.​​ ...

Dell Corporation (Thailand) has announced two new services to support enterprise customers and expects them to be key for potential business in the near future Dell services now come with global support and deployment, providing onsite service, customisation and outsourcing. Its infrastructure and cloud unit offers ...

An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...

Cambodia’s largest microfinance institution, (MFI) Prasac, has received a $60.5 million loan to strengthen its capacity in offering broader financial services in the country. On Friday, Prasac signed the agreement for the syndicate loan – provided by more than one lender – with the Netherlands Development ...

The share price of Grand Twins International, a manufacturer for U.S. athletic apparel brands, on Tuesday sank for the fourth straight day since it was listed on the bourse last week, signaling that its initial listing price was too high, industry analysts said. “The pricing of ...

Three refugees who have agreed to travel to Cambodia are being housed in the Nauru detention centre before they are scheduled to fly out. There are currently just four refugees who have agreed to take up the Australian government’s resettlement offer in Cambodia, despite a large ...

Cambodia and Hungary have agreed to further boost economic and tourism ties, while the private sector offers a rosy view of the EU country as a hub for expanding exports to Europe. ...

Fresh off the largest initial public offering in its history, the Cambodia Securities Exchange (CSX) is courting small and medium enterprises (SMEs) to list on its main board. ...

The Ministry of Labour says it will investigate the claims of a Royal Holloway, University of London research team’s report alleging modern slavery in Cambodia’s brick kilns, said Minister of Labour Ith Sam Heng. The report entitled Blood Bricks: Untold Stories of Modern Slavery and ...

A group of online hackers calling themselves Cyber TeamRox have breached several local websites over the past two days, including those of the Cambodian Navy, AEON Microfinance and Build Bright University. Defence Ministry spokesman Chhum Socheath confirmed yesterday that the hackers had been able to ...

Prime Minister Hun Sen announced yesterday that the minimum wage for teachers is set to exceed $230 (about 950,000 riel), not including additional bonuses, come April next year. During a graduation ceremony for Cambodia University for Specialties students at Koh Pich, Mr. Hun Sen said the ...