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. ...

A 24-year-old student was sentenced to 10 months in prison by the Phnom Penh Municipal Court yesterday for posting 14 nude photos of his girlfriend on Facebook in an attempt to extort money from her in exchange for deleting them. Presiding judge Mong Mony Sorphea said ...

In the past two years, the French embassy in Phnom Penh has been drawn into at least two high-profile cases in which their nationals have died in suspicious circumstances in Cambodia. In an attempt to improve forensic investigations in the Kingdom, the French embassy announced ...

A seven-year-old boy and his three-year-old sister from Cambodia’s northeastern Kratie Province died from H5N1 human avian influenza on Friday bring the death number of the cases to three so far this year, a health official confirmed Wednesday. H5N1 influenza is a flu that normally ...

Cambodia’s beaches and temples saw an increase in local and foreign tourists during the three-day Lunar New Year celebrations, according to figures released by provincial officials. Siem Reap, home to the world-renowned Angkor Archaeological Park and a major tourist destination, received around 69,200 visitors, an increase ...

The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...

Microsoft Cambodia has appointed Thakral Cambodia Industries Limited as its second authorised software distributor in the country, a move intended to help the computer giant’s local operation combat the rampant use of pirated software. Thakral, one of the largest distributors of IT products in Cambodia (its ...

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On 17th and 18th of February 2016, the Ministry of Labor and Vocational Training has organized the Annual Report Conference 2015-2016 on the implementations of strategic plan for Development of Labour and Vocational Training 2014-2018. In summary, the ministry has offered career choices and job ...

20 candidates from civil society, political parties and other institutions have submitted their applications to apply for position at reformed National Election Committee, a senior official from National Assembly. ...

Minister of Agriculture Chan Sarun announced yesterday that the government would establish its first one-stop service office for rice millers and exporters by the end of the month. The announcement comes two months after Hun Sen signed off on the idea, which is meant to cut ...

The State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) held a bilateral meeting in Phnom Penh, Cambodia on September 16 to exchange and share experiences on macroeconomic management, especially in finance and banking. ...

A report from the General Department of Taxation (GDT) released on Wednesday showed that the department collected $2.183 billion in taxes, while Prime Minister Hun Sen on the same day announced that $2.384 billion in customs and excise duties was collected during the period. GDT ...

The Poipet Airport development project, which had been abandoned for more than 10 years, will resume construction in 2020 as the city welcomes more Chinese, say provincial authorities. Hotel and casino investment firm Holiday Palace began construction of the airport in 2007 and had already ...

Rights group Licadho has called on the government to make available statistics on the full extent of economic land concessions (ELCs) in response to data collected by the organisation over five years. ...

The number of traffic fatalities during the 2015 Pchum Ben festival was nearly the same as last year’s, dropping just three percent.34 people were killed in road crashes between October 10 and 12, one fewer than the 35 killed during the three-day holiday in 2014. ...

With the government placing tourism at the center of efforts to diversify and grow the country’s economy, a French development organization launched a project on Tuesday to encourage companies operating in the sector to comply with labor laws. ...

The central bank’s efforts to foster development of an interbank lending market appears to be taking off as the demand for negotiable certificates of deposits (NCDs) increased sharply last year, with the financial tool seeing wider usage among the Kingdom’s financial institutions. ...

Labor dispute complaints in the garment and textile sector declined last year compared with 2015, according to the Arbitration Council, which attributed the drop to the Trade Union Law. ...

Some unions seem reluctant to answer the CPP’s call for unionised workers to be allowed to join tomorrow’s launch of campaigning for the June 4 commune elections. ...