Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...

Representatives from civil society and the opposition gathered yesterday to push for the adoption of an access to information law – a move that comes less than a month after Prime Minister Hun Sen urged the Ministry of Information to hasten its development. Two laws dealing ...

The International Federation for Human Rights (FIDH), along with local rights groups Licadho and Adhoc, denounced the Friday shooting of protesting garment workers by police in a joint statement released in Paris on Monday. “The killing of demonstrators by government authorities is totally unacceptable. The government ...

Prime Minister of Cambodia Hun Sen is expected to pay a 3-day official visit to Dhaka from Friday to further expanding and strengthening trade relations and cooperation in agriculture sector between the two countries. During the visit, sources said Dhaka is expected to seek long-term ...

Mid-level negotiations between the CPP and opposition CNRP to end the country’s political deadlock hit yet another snag Thursday, this time over how to elect members to the National Election Committee (NEC), though the parties did agree to keep talking. The talks were the second since ...

Parkson Holdings Bhd will start building malls and leasing out space to get better margins to deal with pressure on its turnover. The departmental store company will build malls in Malacca and Cambodia, both scheduled to open in 2017. The company is also building a mall ...

Following the recent failure of cross-party talks, Cambodia National Rescue Party President Sam Rainsy said yesterday that his party will resume mass dem­onstrations on Friday. Mr. Rainsy, who is set to return from Europe on Wednes­day, said that the failure to secure a deal in ...

Amnesty International on Friday lambasted a pending deal that would see people seeking asylum in Australia to be resettled in Cambodia. “Australia should be ending its offshore processing and detention of asylum seekers, not looking to outsource its refugee responsibilities to another, much poorer country,” ...

CNRP leader Sam Rainsy said Wednesday that a higher minimum wage for garment workers and civil servants would be the opposition’s top legislative priority—after reconstituting the National Election Committee (NEC)—when it takes the 55 National Assembly seats it has been boycotting for the past year. The ...

Social worker Nong Socheat is well-acquainted with the ugly scope of child abuse. As a counsellor for First Step Cambodia (FSC), a local NGO that focuses on supporting male survivors of sexual assault, she regularly provides support for boys dealing with the aftermath of molestation. ...

Commerce Minister Sun Chanthol called on business owners to clean up their activities in the Kingdom, in order to remain competitive, especially in light of the ASEAN Economic Community integration due to be realised at the end of the year. Private sector companies have traditionally raised ...

Rights groups are calling for the release of three opposition activists who have been held in detention since violent clashes with security forces in July. The activists have been held despite a political deal last month between the ruling Cambodian People’s Party and the opposition Cambodia ...

Malaysian company PMTI Energy (Cambodia) Co has signed a 10-year deal to supply Electricite du Cambodge with 48,000 megawatts of energy derived from rice husks every year. Phou Puy, president of PMTI, told the Post yesterday that about 70 per cent of the power generated from ...

Cambodia is closer to inking trade deals with developed economies despite the ongoing COVID-19 pandemic. Seang Thay, a spokesperson at the Ministry of Commerce, told Khmer Times yesterday that the free-trade agreement (FTA) negotiations between Cambodia, South Korea, China and ...

The Kingdom’s annual $7 billion garment and textile sector, which has already been hard hit by the Coronavirus pandemic, is still struggling to make up for its partial loss of a preferential zero-tax trade deal provided by the European Union due to end in August. ...

THE Kingdom’s annual $7 billion garment and textile sector will see the partial loss of a preferential zero-tax trade deal provided by the European Union (EU) from today as the Cambodia-China free-trade agreement (FTA) is on its way for final signing. ...

In fewer than 20 days the Cambodia-China Free-Trade Agreement (CC-FTA) comes into force after both countries signed the deal on Oct 12 during a two-day state visit by China’s Foreign Minister Wang Yi in Phnom Penh. ...

The Association of Telecommunication Operators in Cambodia (ATOC) was officially launched on March 25 in a move to build a united voice in dealing with relevant stakeholders and the Royal Government of Cambodia for the development of the telecommunications industry. ...

One year on, the Regional Comprehensive Economic Partnership (RCEP) trade deal and the Cambodia-China Free Trade Agreement (CCFTA) have injected a vital impetus to Cambodia’s trade growth in the post COVID-19 pandemic era, an official and experts said. ...

National Bank of Cambodia (NBC) on Thursday created a new milestone for the country by inking deals with the central banks of the Republic of Fiji and the Solomon Islands to exchange knowledge and experience on financial innovation and inclusion as well as to share ...