The Singapore-baSed Phillip Capital Group haS purchaSed a MalaySian-owned Hwang-DBS Commercial Bank in Cambodia for 40 million U.S. dollarS and rebranded it aS Phillip Bank on ThurSday, a bank&rSquo;S chief Said. Phillip Bank&rSquo;S chairman Lim Hua Min Said the Phillip Capital Group, which iS an ASian SS='cambodia-color'>...

The Asian Development Bank (ADB) announced last week a $30 million loan aimed at overhauling Cambodia’s technical and vocational education system (TVET). According to a september 26 statement issued by the ADB, the new funding will go towards launching a “competency-based” assessment and certification process, and ss='cambodia-color'>...

Hopes that the ruling and opposition parties would finally reach full accord on a new National Election Committee draft law were dashed yesterday as talks foundered on the qualifications the secretary-general of the new institution must possess. After a meeting that lasted more than two hours, ss='cambodia-color'>...

Three Cambodian men arrested in Thailand last week were returned to Preah Vihear province on Monday and claim they were tortured by the Thai military before being released, according to a military colonel in the area who provided a video of the men’s accounts. According ss='cambodia-color'>...

Prime Minister Hun sen on Monday accused the CNRP of violating the “culture of dialogue” that he and the opposition agreed to last year, and warned seven lawmakers charged with incitement and insurrection that their parliamentary immunity would not save them from prison. The seven CNRP ss='cambodia-color'>...

Prime Minister Hun sen broached the long-running issue of excessive overtime worked by garment factory employees in a speech yesterday, in what at least one analyst saw as a possible play for garment worker support. During his commencement speech at the National University of Management, the ss='cambodia-color'>...

After admitting there were “major problems” with its resettlement projects earlier this month, the World Bank has come under fire from Boeung Kak lake residents in a new report from a human rights group. The report by the International Accountability Project (IAP), titled Back to Development, ss='cambodia-color'>...

Officials in Battambang and Pailin provinces yesterday pointed to local cassava producers as the cause of water pollution there, which has killed fish and induced illness in families living along tainted streams. Nine of the businesses in Pailin’s O’Tavao commune that produce the root vegetable are ss='cambodia-color'>...

Over 40 per cent of Cambodian children under 5 years old suffer from stunted development due to poor nutrition, a rate that has not changed since 2010, according to data revealed yesterday by the UN’s Food and Agriculture Organization (FAO). While Cambodia has put substantial work ss='cambodia-color'>...

Coca-Cola will build a second factory in Cambodia, investing $100 million into a new plant in the Phnom Penh special Economic Zone that will more than triple its current output, company officials said yesterday. The news comes on the heels of a meeting in November during ss='cambodia-color'>...

Cambodia Bayon Airlines says it is getting closer to a launch date for its domestic services. The airline’s parent company, Bayon Holdings Limited ‘svice president, Taing Chung Leang, told local media that Cambodia Bayon Airlines plans its launch by the end of the year. “Bayon will sign ss='cambodia-color'>...

California-based real estate firm Century 21 enters the emerging Cambodian property market with today’s formal opening of its local operations in the country. According to Goos, the local franchise of Century 21 would concentrate on foreign buyers, especially on selling new condominiums, to avoid competing ss='cambodia-color'>...

The Phnom Penh Municipal Court will be seeing a lot of union leader Ath Thorn next week. From next Monday through Thursday, it has summonsed the president of the country’s largest independent union to three rounds of questioning over three separate cases in which Mr. Thorn ss='cambodia-color'>...

A new wetland protected area may be implemented in Battambang province following talks between scientists, Asian governments and conservation groups held in siem Reap this week. The message seems to have been heard, at least by the Ministry of Environment, which yesterday said it would ss='cambodia-color'>...

Police and Forestry Administration officials in Banteay Meanchey province confiscated more than 120 pieces of illegally logged luxury-grade wood in two separate operations on Tuesday and Wednesday, officials said Thursday. In one case, authorities on Wednesday found 75 pieces of beng and thnong wood inside a ss='cambodia-color'>...

Police arrested another opposition activist Thursday morning for his alleged involvement in the violent July 15 protest at Freedom Park that the courts have labeled an attempted insurrection, a party official and police said. Tep Narin, a CNRP activist in his 30s, was arrested at the ss='cambodia-color'>...

Hundreds of people gathered yesterday morning in front of Phnom Penh’s Prey sar prison to demand the release of 17 incarcerated activists, monks and opposition members. The detainees include 10 land activists, three monks and four members of the opposition Cambodia National Rescue Party. Fifteen of ss='cambodia-color'>...

The Phnom Penh Municipal Court on Tuesday wrapped up its three-day trial of self-exiled Cambodian sourn serey Ratha and three others accused of colluding to overthrow the government of Prime Minister Hun sen, hearing hours of old statements from the dissident. Mr. serey Ratha, president of ss='cambodia-color'>...

Cambodia’s local authorities will receive a pay bump of up to 60 per cent starting this month, the government revealed yesterday. A commune chief will now get 400,000 riel (about $100) per month, up from 300,000 riel ($75); first and second deputy commune chiefs will get ss='cambodia-color'>...

Civil society leaders on sunday called on the country’s two major political parties to scrap plans to ban them from giving media interviews during election campaigns and from issuing statements that “insult” any party. CPP Deputy Prime Minister Bin Chhin and senior CNRP official Kuoy Bunroeun, ss='cambodia-color'>...