Cambodia delegation led by senior Minister Om Yentieng, head of the Anti-corruption Unit left Cambodia today for the 11th meeting of the South East Asia Parties Against Corruption (SEA-PAC) that will run through 1-3 December in Badar Seri Begawan, Brunei. ...

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...

Revenue from ticket sales for foreign visitors to the Angkor Wat temple complex rose slightly in the first 11 months of this year to $53.5 million, a 1.15 percent rise over the same period last year, the government agency that manages Angkor Archaeological Park said ...

Ten union representatives were yesterday suspended from the Southland garment factory in Phnom Penh’s Por Sen Chey district after more than a thousand workers went on strike to protest the factory’s decisions about time taken off for voting in Sunday’s commune elections. ...

The Anti-Corruption Unit is to launch a 15-month campaign against money laundering to keep Cambodia off an international blacklist. The ACU held a workshop yesterday on ways to fight money laundering with 48 of its own officials, along with police and court officials. ...

Micro-Credit Ratings International Ltd (M-CRIL), an Indian provider of rating and advisory services to the microfinance industry, has secured a $1.5 million equity investment agreement from the Asian Development Bank (ADB) to push into emerging markets including Cambodia, the ADB said in an announcement last ...

Global credit rating agency Moody’s Investors Services said yesterday that while it has retained Cambodia’s B2/stable sovereign rating alongside Vietnam’s B1/positive rating, the Kingdom’s low diversification of exports has put it at higher risk from external shocks than its eastern neighbour. ...

For the city’s homeless, Phnom Penh’s busy intersections, pagodas, markets and tourist sites are places of work, where many beg for money, and often lay their heads. Others drag carts or bags around the capital, collecting recyclable waste and scrap materials to sell. ...

Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced late last week that it has submitted documentation to the Ministry of Environment for a proposed 1,200-square-kilometre 3D seismic survey of its offshore tenement next year. ...

An ethnic Phnong community in Kratie province’s Snuol district has accused local officials and soldiers of grabbing over 1,000 hectares of community forest and threatening the lives of local villagers for years, with the rights group Adhoc yesterday saying they would take the case to ...

Fifty-eight Phnong ethnic families in Kbal Romeas village, whose land was flooded late last year by the reservoir of the controversial Lower Sesan II Dam, are seeking at least 1,500 buffaloes from authorities and company representatives in compensation for their ancestral graves that are now ...

The Preah Sihanouk provincial administration said a highway from Phnom Penh to Preah Sihanouk province will commence construction by next year. The decision was made after a study of the 190-kilometre highway was recently completed, setting in motion a $1.7 billion infrastructure project with a Chinese ...

About 1,000 workers at a bicycle factory in the Tai Seng Special Economic Zone went on strike Wednesday for a second day, sources said. The sources said the striking workers at Smart Tech (Cambodia) Co Ltd threw rocks at factory windows and threatened to continue ...

More than 200 villagers in Preah Vihear town thumb-printed a joint complaint to rights group Adhoc over the weekend asking them to appeal to provincial authorities to intervene after their private electricity company raised its prices by more than 1,000 riel per kilowatt hour, NGO ...

More than 1,000 workers from the Maru Chuen garment factory in Phnom Penh’s Dangkor district blocked the Veng Sreng road on the outskirts of Phnom Penh for half an hour yesterday, burning about 20 tyres and demanding a monthly minimum wage increase from $61 to ...

Spending in NagaCorp’s casino has dropped by about 4.4 per cent in the first quarter of the year compared with the same period last year. Some $1.17 billion was gambled in the casino from January to March this year, said a company quarterly report released last ...

More than 1,000 garment workers gathered in Phnom Penh and marched through the city center Sunday, demanding a “decent wage” from their factories, the largest garment-sector demonstration in the capital since military police fatally suppressed a protest for higher wages in January. ...

Cambodia and Thailand are targeting to boost bilateral trade to more than US$5 billion in 2015, Vietnam News Agency (VNA) reported. In the first quarter of 2015, bilateral trade between both countries reached over US$1.6 billion. ...

Phnom Penh Commercial Bank will offer “wedding loans” to newlyweds, a product based on a similar borrowing practice is South Korea. The majority-owned South Korean bank will set aside more than US$1 million for start-up families that don’t want their parents shelling out savings for new ...

The Ministry of Industry, Science, Technology and Innovation approved a total of 124 new industrial investment projects between January and September this year, bringing a total active investment factory to 1,843. ...