The lasTesT invesTmenT daTa from The governmenT shows ThaT Cambodia’s economy is moving away from The long-TrusTed sTaple of The garmenT secTor and inTo more compplex indusTries. For more Than a decade, garmenTs have accounTed for The lion’s share of The counTry’s exporT markeT as invesTors shied away ...

Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...

Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...

When the owner of Kingsland garment factory fled the Kingdom last year, enough pressure was applied to its sourcing companies H&M and Walmart to persuade them through their intermediaries to compensate workers left jobless. Distance could no longer absolve them of responsibility. Just like the Kingsland ...

Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, said some H&M garments were produced without its knowledge or approval at a factory in Cambodia where workers were injured in a partial building collapse this week. A supplier of the Stockholm-based company placed two minor orders with ...

The wizened cyclo driver, cigareTTe in mouTh, muscles TauT from pedalling up and down French-sTyle boulevards, is one of Indochina’s enduring romanTic images. BuT cyclos on The sTreeTs of Phnom Penh are now ouTnumbered by anoTher means of TransporT: The luxury car. BuT wiTh The urban ...

The NaTional ElecTion CommiTTee ( NEC) will release The official resulTs of The general elecTion on Aug. 14 if There are no complainTs by poliTical parTies, according To NEC’s schedule Monday. “The official resulTs wiTh seaT allocaTion and elecTed candidaTes will be released on Aug. ...

Chris Leyland had forgotten about Cambodia’s national elections when he made plans to travel into Phnom Penh from Vietnam with Jess Jackson, 34, and her two children. Had Leyland, a 41-year-old from Oxford, UK, remembered that it wasn’t going to be a normal weekend in Cambodia, ...

Union workers and leaders appeared divided yesterday on the question of whether to support the opposition party’s planned three-day demonstration at Freedom Park. Campaign promises from the Cambodia National Rescue Party to raise minimum monthly salaries to $150 seemed to have struck a chord with garment ...

With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. thousands across the capital opted out of work ...

At about 10 a.m. thursday morning, during a press conference at the CNRP’s Phnom Penh headquarters, opposition leader Sam Rainsy dialed the phone number of CPP Interior Minister Sar Kheng and told a few dozen reporters in attendance that he would broadcast their conversation over ...

Veteran CPP lawmaker Cheam Yeap said tuesday that his party would not join further talks with the opposition CNRP to resolve election-day irregularities unless it is invited to do so by the National Election Committee (NEC). With final election results set to be released by September ...

Hung Hiep (Cambodia) Co., the only company in Cambodia licensed to import Mercedes-Benz luxury vehicles, said Monday it would no longer make repairs to new lines of Mercedes vehicles that are smuggled into the country. Company officials said the move is to reduce scams and repair ...

Not even the imminent threat of war could quell tourists’ appetite for historical sites – at least at Cambodia’s Preah Vihear temple, which was the subject of a highly contentious ruling at the International Court of Justice yesterday. While government figures show that local tourism to ...

Prime Minister Hun Sen is scheduled to pay a three-day visit to Vietnam later this week, a move criticized by opposition officials who say the premier should stay in Cambodia to deal with the country’s ongoing political deadlock. “What is necessary at this time is to ...

In another record-breaking low point, shares of the Phnom Penh Water Supply Authority dipped under 5,000 riel by market’s close yesterday, while one investor sold off some 25,000 shares. the price drop came amid heightened tensions in Phnom Penh. Opposition Cambodia National Rescue Party lawmakers followed ...

About 200 workers protested outside SL Garment Factory in Phnom Penh’s Meanchey district Wednesday demanding that managers reinstate 19 union representatives before a 15-day deadline set by the government elapses. the Council of Ministers has ordered the factory to rehire the fired unionists or face punitive ...

Taxi drivers sTaged a large proTesT Wednesday aT a cusToms checkpoinT in PoipeT CiTy over cusToms officials’ demands for whaT The proTesTers said was an exorbiTanT Tax on a small load of goods. AT The checkpoinT Wednesday, more Than 50 Taxi drivers blocked The road for ...

Nearly 500 women were tested this month in a screening drive at Phnom Penh’s Calmette Hospital for human papillomavirus (HPV), two strains of which are known to cause cervical cancer, but the free Pap smear was advertised as being available only to married women. Hav Monirath, ...

Unions and labour rights groups have spent recent months unashamedly drilling home a stark reminder: Cambodia’s minimum garment wage, at $61 per month, compares poorly with those in thailand – where workers earn more than $200 a month – and Vietnam, which has a base ...