Britain embassy to Cambodia is partnering with Cambodian government ministries and departments to provide a training course on international best practices in the field of anti-money laundering and combating the financing of terrorism, according to the embassy’s press release on Friday. The training will be ...

In a rare admission, the Asian Development Bank has surprisingly acknowledged its own shortcomings following a controversial railway rehabilitation project in Cambodia that sparked complaints from thousands of displaced local residents affected by forced resettlements, insufficient compensations and neglect of their human rights. The concerns were confirmed by the Compliance ...

The Phnom Penh Municipal Court on Monday questioned two businessmen over allegations of fraud and using forged public documents, including claims they faked a signature from Prime Minister Hun Sen in a mining transaction, court and police officials said. Deputy prosecutor Var Sakada said Cambodian Al ...

The government is exploring the idea of entering into a memorandum of understanding (MoU) with Chinese e-commerce giant Alibaba Group to shore up international online sales of Cambodian products.​Minister of Commerce Pan Sorasak on February 14 chaired a first key meeting of an ad-hoc working ...

Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising prices ...

Police in Siem Reap province yesterday arrested 20 boys and young men pretending to be Buddhist monks in order to beg for money.Huot Sothy, deputy provincial police chief overseeing criminal offences, said officers had followed the group for a while before getting permission to crack ...

Canadia Bank said on Thursday it was investigating how two fake $100 notes were allegedly given to a customer who cashed a check. The customer, Eam Sopheap, a human resources manager at The Cambodia Daily newspaper, said he received two fake $100 notes from a teller ...

The Kompong Speu Provincial Court on Saturday charged three men with illegally establishing an armed force, illegally using weapons and wearing fake military uniforms after they were arrested for operating a fake roadside checkpoint to extort money from loggers, officials said on Sunday. ...

The Cambodian Rice Federation held a press conference yesterday to allay fears drummed up by local media that fake rice is being distributed in the Kingdom.Rumours began to surface this week when a reporter with local news site Khmerload published a story claiming to have ...

As scheduled, Khmer  Krom citizens gathered Monday in front of French embassy in order to present their petition which asks the VN embassy’s spokesman to apologize for his comment over Khmer Kampuchea Krom territory. Some 500 students, monks, and citizens were led by leaders of Federation ...

Cambodia is calling for the establishment of tourism institutes and universities to provide relevant skills in compliance with an Asean curriculum, Minister of Tourism Thong Khon said. He was speaking during the Sub-Forum on Yunnan-South Asia & Southeast Asia Tourism Vocational Education and Personnel Training ...

A groundbreaking ceremony was held yesterday by the Ministry of Public Works to construct a $580,000 field laboratory at the Techo Sen Institute of Public Works and Transport.​ ...

Commercial banks and microfinance institutions have acquired more than 209 billion riel in riel liquidity, worth $52.4 million, from the National Bank of Cambodia (NBC) since the central bank began its liquidity-providing collateralised operation (LPCO) in October 2016. ...

The central bank announced on Friday that it has fined an unnamed microfinance institution (MFI) $100,000 for engaging in non-transparent lending practices. ...

Seven months after the announcement of the $150 million co-financial intervention package, only $41.52 million has been released to the businesses affected by the Covid-19 pandemic by the state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) and other participating financial institutions, according ...

The government has introduced the National Strategic Development Plan 2019-23 which will focus on increasing awareness and reinforcing precautionary measures and strategies to crack down and combat corruption. The strategies come in conjunction with the increasing need for ministries and institutions to collaborate with the ...

Prime Minister Hun Sen told a summit on micro-finance development yesterday that stricter rules needed to be applied to organizations and institutions lending money as many people were being cheated, embezzled and losing their collateral to unscrupulous lenders. ...

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said. The Sokha, deputy director ...

With temperatures reaching more than 40 degrees Celsius, the Ministry of Education, Youth and Sport announced on Thursday that it was amending school study hours to lessen the risk of illness for teachers and students, particularly those at kindergarten. ...

Masahiro Kawai, dean of the Asia Development Bank Institute, believes too great a focus is being placed on the realization of the 2015 ASEAN Economic Community at the cost of considering middle- and longer-term issues in the ASEAN region. “Economic community-building is not going to be completed in ...