Sumitomo Mitsui Banking Corporation, one of the leading banks in Japan, will sign a memorandum of understanding with Cambodia’s leading Acleda Bank on Friday for business cooperation, according to a press release from Acleda on Thursday. Under the agreement, both banks will provide mutual support for ...

South Korea’s Financial Services Commission (FSC) and the National Bank of Cambodia (NBC) on Friday signed a Memorandum of Understanding (MoU) on the provision of technical support for Cambodia’s banking and financial supervision, according to a press release after the signing ceremony. “The MoU will ...

Land Management Minister Im Chum Lim awarded a community of ethnic minority Banong in Mondolkiri province a communal land tile to their ancestral land last week, only the eighth communal land title to be handed out since the 2001 Land Law made them available. The title ...

Hundreds of employees of Phnom Penh’s NagaWorld casino and hotel returned to work Wednesday in response to a court order telling them to end their nearly two-week-long strike. Staff demanding that the high-grossing company raise their minimum pay from $80 to $150 per month have been ...

Clothing giant H&M is testing the garment production waters by entering into exclusivity agreements with factories in Cambodia and Bangladesh, according to a report from Bloomberg News yesterday. This means that Sweden-based H&M would buy all of the factory’s output. H&M, it seems, would still be ...

Authorities in Mondulkiri decided to switch a swearing-in ceremony for two newly elected Keo Seima district councillors to a commune hall after the opposition objected to it being held at the home of the district’s pro-ruling party governor, officials said. Khum Kan said he and a ...

Expatriates working in Cambodia without labour identification cards will face fines and even jail when strict new enforcement kicks in, according to a July 16 joint statement from the ministries of interior and labour. Government inspectors, the statement adds, will begin checking workplaces immediately in order ...

Exclusive use of short-term contracts continues to impede progress in Cambodia’s garment sector, with major brands still sourcing from factories violating the statutory two-year limit on temporary employment, labour rights groups have warned. According to a report released last week by the Worker Rights Consortium (WRC), ...

Opposition leaders brought politics to the forefront of a ceremony to mark yesterday’s anniversary of France’s official transfer of the former Kampuchea Krom provinces to Vietnam in 1949. Speaking to a crowd of hundreds of monks, Khmer Krom and Khmer attendees at Samaki Rainsey pagoda in ...

Hundreds of families due to be displaced by the planned 108-MW Stung Chhay Areng dam were called to a meeting Tuesday with provincial authorities, who presented a plan for relocation and then distributed gifts of shrimp paste and MSG. Heng Samnang, a staffer for local NGO ...

Megabank Sumitomo Mitsui Banking Corp. said Tuesday that it will boost business collaboration with Acleda Bank, Cambodia’s leading commercial bank, and Absa Bank in South Africa, Japan’s Jiji Press reported. The Sumitomo Mitsui Financial Group Inc. unit said it has dispatched a staff member to a ...

Cambodia’s electricity sector made notable progress in 2013 in terms of its sources, connection lines, and supplies, according to the Cambodian Electricity Authority. There was an increasing usage of 4297 million Kwh or 22 per cent in 2013 from 3527 million Kwh in 2012, according to ...

Twenty judges and prosecutors may soon find themselves pulling up stakes and tackling new jurisdictions, according to a draft list detailing a wide-ranging judicial reshuffling obtained by thePost yesterday. In the proposed shake-up, Phnom Penh Municipal Court president Chiv Keng will be moved into a position as ...

A growing number of red-headed Sarus cranes are reportedly flocking west from Vietnam to a protected sanctuary in Kampot province’s Kampong Trach district, and conservationists observing the trend aren’t sure why. The Tuoitrenews website reported on Saturday that unusually large numbers of the birds, which are classified as ...

Staff from the Ministry of Cults and Religion seized promotional material from a man claiming to be a Buddhist “god” on Sunday in Kandal province, officials said yesterday. The operation was conducted at Reachea pagoda, where Thean Vuthy had been promoting himself as the fifth and ...

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 ...

The government has seized back more than 12,000 hectares of land previously awarded to seven companies as economic land concessions (ELCs), according to a letter from the Council of Ministers. It explains that licences awarded from 2006 to 2011 for eight ELCs in the provinces ...

A British lawyer has filed new documents against senior Cambodian officials at the International Criminal Court, accusing them of systematic land grabs that constitute human rights abuses. A communication filed on Oct. 7 claims that over the last 14 years, an estimated 770,000 Cambodians, or ...

After issuing an extraordinarily public resignation announcement on her Facebook page last week, Prime Minister Hun Sen’s sister Hun Sinath has officially left her job at the Ministry of National Assembly-Senate Relations and Inspection. According to a Royal Decree that was signed on Monday, King ...

The trial of 11 opposition officials and activists, who face up to 30 years in prison on charges related to a July protest that turned violent, is finally due to get under way today, amid widespread censure from human rights groups and campaigners. In a strongly ...