Taiwan Cooperative Bank, the banking arm under Taiwan Cooperative Financial Holding Co. Ltd., received the green light from Cambodia’s central bank to open a branch in the capital city of Phnom Penh, the bank said Saturday. Cambodia, a member of the Association of Southeast Asian Nations, ...

The National Bank of Cambodia responded to rumours yesterday that local banks were no longer accepting US dollar banknotes with minor imperfections, such as small tears, creases or ink stamps, stating that the central bank had not changed its policies. ...

The ministries of health and interior introduced a joint strategy yesterday to curb illegal medical practices and the use of fraudulent health products. ...

The Ministry of Labour has written to the Ministry of Information requesting that it take action against fraudulent recruitment agencies promoting services for migrant workers via radio advertisements. ...

Tourism sector businesses will be fined up to 300,000 riel ($75) if caught imposing “service charges” without first applying to the Ministry of Tourism, an announcement issued on Monday said. The ministry’s director of the tourism, accommodation and food and beverage (F&B) management, Kim Serey ...

The Club of Cambodian Journalists (CCJ) on Monday said ‘fake news’ has been polluting publications and sparking controversy in the Kingdom, especially on social media. The remarks were made on Monday at a roundtable discussion organised by CCJ in Phnom Penh. ...

British conservation group Fauna & Flora International says it has captured the first image of a yellow-bellied weasel in Cambodia under a joint initiative with Oxford University. In a statement released Wednesday, the group said researchers led by FFI field biologist Channa Phan were conducting a ...

Police on Wednesday busted what they believe to be an illegal soap-making operation, seizing 30 tons of illicit chemicals and arresting a Chinese national in Kandal province. The chemicals, which were held in blue vats, were discovered at a warehouse belonging to a Chinese businessman in ...

Information Minister Khieu Kanharith took to Facebook on Saturday to remind drivers of vehicles with illegal “press” licence plates that “it will not be a fine, but prison” if police catch them. ...

Hard Rock Cafe, the iconic U.S. restaurant franchise known for its collections of rock ‘n’ roll memorabilia, will open restaurants in Siem Reap and Phnom Penh, in a deal with a local firm owned by the niece of Prime Minister Hun Sen, company representatives said ...

Capital police yesterday revealed the identities of five men who had allegedly been posing as Flying Tigers – an elite Ministry of Interior rapid-response unit – and extorting money from victims who believed they were in danger of being jailed. ...

The Ministry of Interior has suspended the operation of an orphanage after it found that its director had colluded with a recruitment agency to cheat migrant workers out of an alleged $600,000, officials said Tuesday. “The Ministry of Interior temporarily suspends all activities of Our Friends ...

The Ministry of Environment has said concerns over Phnom Penh’s air quality are being fuelled by “fake news” on social media sites by companies aiming to promote the sale of air quality testing kits.​​ “There has been a lot of fake news claiming that air ...

Cambodia yesterday urged Asean member countries to jointly combat the spread of substandard and counterfeit medicines which are endangering people’s health and welfare and affecting economic growth in the region. Defence Minister General Tea Banh, representing Prime Minister Hun Sen, made the call during the 14th ...

Government officials yesterday destroyed more than 80 tonnes of counterfeit chemical products, chief among them hazardous skin-whitening creams and knock-off Viagra pills.​ ...

The National Bank of Cambodia has decreased the minimum value of negotiable certificates of deposit (NCDs) in a bid to promote interbank lending in the Kingdom’s crowded financial industry. ...

Cambodia’s central bank is seeking to promote the use of the riel and wean the Kingdom’s economy off its dependence on the US dollar, a senior banking official said on Tuesday. Speaking at a luncheon organized by the British Chamber of Commerce in Cambodia (BritCham), Chea ...

Loan demands from Cambodia’s banking industry had surged by 31 percent in the last twelve months thanks to the growing business activities in trade, real estate, agriculture and manufacturing, a central bank’s senior official said Tuesday. As of June 2012, the kingdom’s 32 commercial banks had ...

The National Bank of Cambodia held a seminar on the state of the economy in the first half of the fiscal year on Saturday, forecasting 7.1 per cent GDP growth for the rest of the year. ...

Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...