Cambodia last year accounted for 24 percent of the overseas sales of Bacchus, an energy drink marketed by South Korea’s Dong-A ST, Korea IT Times reported Monday.  “By the year’s end, the company expects it would sell 100 million cans of Bacchus, about eight cans per ...

Cambodia has seen a 34 percent rise in dry rubber export last year thanks to rising demand globally, the figures of the Ministry of Commerce showed Thursday. The country had exported 74,200 tones of dry rubber last year, up 34 percent from 55,344 tones in a ...

Approximately 2,000 Chinese businesspeople and tourists have crossed the Vietnamese border into Cambodia these days to escape anti-China riots in Vietnam, a senior Cambodian official said Tuesday. “Some 2,000 Chinese nationals have fled Vietnam to Cambodia,” Deputy Prime Minister and Interior Minister Sar Kheng told reporters. ...

181 national and international non-governmental organizations handed over their petitions to foreign embassies on Thursday to seek the release of 23 people who were arrested in protest crackdowns. A group of some 50 representatives marched along the streets and submitted the petitions to the German, Sweden ...

The opposition leader Sam Rainsy called on South Korea to protect the rights of Cambodian people during his visit earlier this month. Chairperson of National Human Rights Commission of Korea, Byung-Chul Hyun, said in a letter to Sam Rainsy that “I share your concerns for ...

Phnom Penh City Hall will in September establish two new municipal bus lines after 40 secondhand buses purchased from South Korea arrived at the port in Sihanoukville last week, a city official said. A fledgling public bus system is already in place in the city, but ...

South Korea has pledged to expand economic and trade cooperation with Cambodia after a free trade agreement (FTA) signed by the two countries last year enters effect in the near future, Prime Minister Hun Sen affirmed in a statement at the weekend. ...

The 7th Cambodia Import-Export Promotion Exhibition kicked off here on Saturday, aiming at promoting local trade and trade between the country and its foreign trading partners. The four-day event, held at the capital’s Diamond Island Exhibition Center, brought together products from 21 countries around the world, ...

The U.K.-based life insurer, Prudential Plc, on Wednesday announced the commencement of its life insurance operations in Cambodia, according to the firm’s press release. Alongside the launch of its business operations, Prudential Cambodia and Acleda Bank, the largest commercial Bank in Cambodia, also announced the establishment ...

The story of Cambodia’s microfinance sector has been one of successful evolution, evidenced by the growing number of lenders and their continual development. Many microfinance institutions (MFIs) started as NGO-like entities, but the industry has come a long way. Today, there are 32 MFIs licensed ...

More than a week after the World Bank blacklisted a Canadian construction firm over bribes allegedly paid in Cambodia and Bangladesh, it was still unclear Thursday whether the government, or the national anticorruption body, are investigating the allegations. SNC-Lavalin Inc. was banned from World Bank contracts ...

The National Bank of Cambodia yesterday granted Industrial and Commercial Bank of China a financial business licence, according to a report on aastocks, a Chinese stocks news service ...

Two years since the opening of Cambodia’s first large-scale rice paddy bank, the private sector company behind the project is seeking additional capital to carry it through the next five years. Thaneakea Srov (Kampuchea) Plc launched services in late August 2014 with its sprawling facility in ...

A leading global provider of financial services technology solutions, today announced that ACLEDA Bank Plc. (ACLEDA), the largest Bank in Cambodia, has extended its ACLEDA Unity mobile Banking and payments service to new, untapped consumer segments using Mobiliti Reach™ from Fiserv. The Bank, which has ...

Australia and New Zealand Banking Group Ltd, the country’s third-biggest lender, is keen to exit its holding in Cambodia and will look at wholly owned business models wherever regulations allow. “We got out of a relationship, a small relationship, in Vietnam. We would like to ...

The greatest obstacle to increased contraception use in Cambodia isn’t the price of birth control or the social stigma around using it, a new study has found, it is fear of side effects. What’s more, this fear may arise from the many disparate medical systems operating ...

Cambodia’s cybercrime law was leaked earlier this year. Cambodian officials have denied the existence of such a draft law, but local and international rights group have criticized the secret draft process, as well as some stipulations that might affect freedom of speech online. VOA Khmer ...

Amnesty International and rights group Licadho in a joint statement yesterday called on UN member states to “address the country’s human rights crisis” at a UN Human Rights Council hearing in Geneva on Tuesday. The statement, which was sent to foreign embassies, the Cambodian government and ...

Drug-resistant malaria is now widespread in Southeast Asia, seriously threatening global efforts to control malaria, a new study warned Wednesday. An analysis of blood samples from 1,241 malaria patients in 10 countries across Asia and Africa found resistance to the world’s most effective anti-malarial drug, artemisinin, ...

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, ...