Finance Minister Aun Porn Moniroth has sent the National Bank of Cambodia an order to freeze the bank accounts of four business tycoons for allegedly failing to make good on a number of deals with the state, according to a ministry official and local media. The ...

Prime Minister Hun Sen returned from South Korea on Monday having struck a series of deals with Seoul, including an agreement to explore the creation of a South Korean-funded agricultural university in Cambodia, according to one of Mr. Hun Sen’s advisers. Speaking to reporters at Phnom ...

U.S. conglomerate General Electric (GE) on Thursday inked a $1 million deal with Cambodia’s state-owned Electricite du Cambodge (EdC) to conduct a six-month study to identify weaknesses in Cambodia’s electrical grid with the aim of enhancing the reliability of the power supply. According to the EdC, ...

A UN rights panel that grilled government delegates in Geneva last month yesterday handed down its concluding observations on how Cambodia has implemented the International Covenant on Civil and Political Rights, which it acceded to more than two decades ago. The only positive aspects outlined by ...

Prime Minister Hun Sen on Thursday warned the CNRP that the political deal he cut with the party last month could come undone if its 55 elected lawmakers do not turn up to this morning’s sitting of the National Assembly, the first to be scheduled ...

Last month, Cambodia’s nascent yet rapidly expanding banking sector saw the new arrival of Phillip Bank through the acquisition of Hwang DBS Commercial Bank by Singapore’s Philip Capital in a $40 million deal. The number of banks in the country has more than doubled since 2005, ...

Following Cambodia’s loss of a hefty Filipino rice tender to Vietnam last week, industry insiders say logistics and production costs are hampering the competitiveness of the Kingdom’s rice exports. Cambodia lost a 100,000-tonne tender for the fourth time running after its final price of $455.50 per ...

Agriculture Rural Development Bank (ARDB) together with Wing (Cambodia) Ltd Specialized Bank and Cambodia Investors Corp (CIC) inked a memorandum of understanding (MoU) to facilitate loan repayments, encourage the use of digital banking and to provide information to borrowers to guarantee the credit deal. ...

Despite the shrinking economy and having to deal with the daily fluctuation of the Covid-19 cases, the government still supported those heavily impacted badly by the pandemic by disbursing more than $300 million since June 25 last year. ...

The world’s most prestigious brands will be entering the market over the next 12 months as Blue Bell Group announced yesterday that it has secured a landmark deal to manage one of the country’s most-anticipated retail projects. ...

Cambodian organic exports to Australia are expected to gain more momentum after the government inked a deal with Lexmin Pty Ltd’s branch in the Kingdom, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...

Koh Kong blue mussels are now available at Makro Supermarket in western Phnom Penh’s Sen Sok district, after a deal was struck with local communities in an effort to boost incomes and support the conservation of mangroves, according to a senior Ministry of Environment official. ...

Japan Heart, an international paediatric cancer NGO, is holding a blood donation event in collaboration with AEON Mall Phnom Penh to help counter the acute blood shortages faced by patients in Cambodia and to raise awareness of the importance of donating blood to deal with ...

Shallow draft, lack of rail connectivity, uneasy relations with Vietnam, and the general slowdown may leave LM 17, Cambodia’s brand new $28-million container terminal near Phnom Penh, up the strait. Even if the terminal achieves the targeted throughput of 110,000 TEUs (it has moved 70,000 so ...

Shallow draft, lack of rail connectivity, uneasy relations with Vietnam, and the general slowdown may leave LM 17, Cambodia’s brand new $28-million container terminal near Phnom Penh, up the strait. Even if the terminal achieves the targeted throughput of 110,000 TEUs (it has moved 70,000 so ...

A water shortage in the tourist town of Sihanoukville has led authorities to advise scores of businesses to dig their own wells as only 50 percent of local demand is currently being met after high temperatures dried up the water supplier’s only reservoir. On March ...

Staff at the Phnom Penh Municipal Referral Hospital said Tuesday that they had no record of a recent visit from a man who died late last month at the Prey Speu social affairs center, contradicting claims made by a city official. Both a file search by ...

Prime Minister Hun Sen has once again called for the United States to drop the debt Cambodia incurred during the 1970s Lon Nol regime, just days after US Ambassador William Heidt said in No uncertain terms that the US had No such plans. ...

Ministry of Foreign Affairs of Malaysia has issued a press release reassuring that there was no public programme held during the self-imposed exile Sam Rainsy’s stay in Malaysia. ...

The Australian Federal Police (AFP) said Monday they have taken the necessary steps to investigate claims that the world’s largest mining company, BHP Billiton, bribed officials in Cambodia and played down reports that it had mishandled one the country’s largest cases in corporate corruption. “The ...