Acleda Bank, a leading locally-owned commercial bank, has received a $30 million loan from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, through Goldman Sachs’ 10,000 Women and the International Finance Corporation’s (IFC) Banking on Women program for supporting women-owned small ...

With official tallies from Sunday’s commune elections slowed by internet hiccups, both major political parties provided similar results but different stories on Monday on which had won a vote that drew a record 7 million Cambodians to the polls—300,000 more than had been previously reported ...

The Transport Ministry seized 642 overloaded trucks throughout the country and leveraged fines worth more than $250,000 last month. The ministry issued a report on Wednesday, saying it had seized 642 overloaded trucks nationwide and issued fines totaling $267,627 during the month. ...

The Ministry of Environment and Japan will today sign a $600,000 agreement on forest conservation for a period of three years in the Prey Lang forest, which spans four provinces. The project will focus on forest conservation, legal strengthening and community forestry development, according to a ...

Takeo provincial military police yesterday seized 3,900 kilos of dried crocodile hides being smuggled into the country from Vietnam. Major Bun Sothy, Takeo provincial military police deputy commander, said the crocodile skins, worth about $24,000, were being smuggled into Koh Andet district from Vietnam’s An Giang ...

Some 1,000 hectares of rice fields in Prey Veng province have been completely destroyed by flooding and thousands more are at risk elsewhere, according to Keo Vy, spokesman for the National Committee for Disaster Management. Vy said yesterday that the floods, caused by two weeks of ...

The Labor Ministry found jobs for more than 210,000 people last year, 55 percent of which were for women and 40 percent were overseas. According to a Labor Ministry report on its annual congress obtained by Khmer Times yesterday, the ministry provided occupation services and found ...

Though they live in orphanages, an estimated 13,000 children in facilities across Cambodia have at least one living parent. As part of a sea change in government policy in a country with a checkered history with orphanages, officials in Battambang province on Tuesday kicked off ...

More than 300 overloaded trucks were fined nearly $135,000 last month, causing the Transport Ministry to call for stricter action to protect the country’s roads.A Transport Ministry report said a committee comprised of ministry officials and law enforcement officers seized 307 overloaded trucks, resulting in ...

Passenger traffic at Phnom Penh, Siem Reap and Sihanouk international airports saw a combined 18.9% growth in May 2012, with passenger numbers totaling 283,000, the report from SCA, society concession airport said on June 7. It adds: ‘This brings the year-to-date passenger arrivals and departures to 1.89 million, a sterling 21.8% jump.’ ...

Workers at a large Cambodian garment factory that makes clothes for Levi’s, Gap and other well-known international brands are striking for more pay and better working conditions. More than 5,000 workers from the Singaporean-owned SL Garment Processing (Cambodia) Ltd. failed to reach an agreement with their ...

Felda Global Ventures Holdings Bhd (FGVH), the world’s third largest palm oil company by hectarage, plans to buy 150,000 ha estate land over five years to realise its cherished vision to emerge as the world leader in the palm oil industry On FGVH’s cross-border expansion plans, ...

A group of 12 Cambodians has developed a new video game for the iPhone that just two weeks after its release has become Cambodia’s most-downloaded game in Apple Inc.’s online store. Since it was released on November 30, “Asva the Monkey” has had more than 3,000 ...

Cambodia had exported some 379, 000 tonnes of milled rice last year, up 84 percent from 205,700 tonnes recorded in 2012, government data showed Saturday. Some 84 companies have exported rice to 66 countries and regions around the world, the data said, adding that France, Poland, ...

Small and Medium enterprises (SMEs) in Cambodia have so far seen an increase, reaching the number of around 560,000. However, this sector does not grow with reliability and the capacity in business operation does not go to international market standard or standardization of free market. ...

More than 2,000 hectares of the decimated Lumphat Wildlife Sanctuary in Ratanakkiri province have been classified by the Ministry of Environment (MOE) as the sanctuary’s first community protected area. Surrounded by three economic land concessions in Kon Mom district, the protected area is populated by a ...

About 1,000 workers from the Canteran factory in Phnom Penh’s Dangkao district continued to strike on Saturday over a decision to push back the day they are paid. The workers have been on strike since Thursday after being told they will be paid on the 10th ...

The Ministry of Education is promising to pay national exam proctors double the fees earned last year in its newest move to stymie widespread bribes exchanged for exam answers or inflated scores. Previously, proctors earned an average salary of 190, 000 riel ($47.50) over the three-day ...

About 5,000 workers from the Grand Twins International (GTI) garment factory in Phnom Penh who have been striking over wages and working conditions briefly returned to their stations Thursday in compliance with a court order, but resumed protesting the next day after rumors spread that ...

The Thai and Cambodian governments need to reform migration policies to prevent a repeat of June’s exodus that saw up to 300,000 Cambodians leave Thailand, migrant groups said Tuesday. Workers from neighboring Cambodia fled Thailand following the May 22 military coup amid widespread rumors that the army ...