Garment workers whose jobs suspended due to raw material shortages are now allowed to delay their loan repayments to the commercial banks and microfinance institutions (MFIs). ...

Cambodia Post Bank Plc achieved another significant milestone on Monday after the General Department of Taxation of Cambodia allowed the financial institution to collect taxes. ...

Prime Minister Hun Sen affirmed that from now until at least the next century, the heads of the top four national institutions must hold single Cambodian citizenship, while the leaders of some opposition political parties have announced they would relinquish their dual-citizenships. ...

Thong Mengdavid, a research associate of the Mekong Center for Strategic Studies at the Asian Vision Institute, a think tank in Phnom Penh, said China has committed to many regional development projects under the Belt and Road Initiative and the LMC. ...

The Ministry of Education, Youth and Sport is pushing for the establishment of libraries in educational institutions across the country to assist students’ with their studies. ...

Women clients of micro-finance institutions (MFIs) tend to have 9 percent more savings than men on average, as per a recent study. ...

The Ministry of Interior’s Anti Cybercrime Department has warned individuals seeking online loans to exercise caution and thoroughly vet lending institutions. ...

Prime Minister Hun Manet inaugurated the Cambodia Cyber University Network (CCUN) yesterday to train digital technology at the Institute of Technology of Cambodia. ...

As government borrowing from China continues to increase, a new study released yesterday showed that Chinese concessional loans carry higher interest than any others. According to the study, released by the NGO Forum on Cambodia at a workshop in Phnom Penh, China’s average interest rate on ...

Phnom Penh Water Supply Authority aimed to raise US$20.4 million in a long-awaited initial public offering scheduled for mid-April, the company said yesterday during its first pitch to investors. “We’ve targeted trading for the 18th of April,” said Han Kyung-tae, managing director of Tong Yang ...

Phnom Penh Water Supply Authority is gearing up to price an initial public offering of up to $24 million on 18 April, making it the first stock to be traded on Cambodia’s fledgling stock exchange. Huy Vatharo, an executive director at underwriter Tong Yang Securities, ...

Angkor Beer promoters yesterday rejected an offer from the municipality that would have required them to suspend their strike while officials negotiated a solution for them, telling Phnom Penh’s deputy governor that their protest is legal and that their employer is breaking the law. More ...

Workers at a garment factory that was temporarily shut after more than 200 women collapsed in two mass fainting incidents last week gathered yesterday at the facility in Kampong Speu province for a Buddhist ceremony intended to rid the factory of evil spirits. Pheng Songoun, a ...

Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, Southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water Supply Authority will have its initial public offering this month, making it the first to ...

Cambodia’s Minister of Defense Tea Banh on Monday dismissed suspicions that his government had reneged on accepting an offer from the U.S. to upgrade buildings at a naval base in Preah Sihanouk province because it plans to host Chinese military assets at the site. In a ...

The Cambodia Rice Bank (CRB) will intervene to prevent the price of fragrant rice from falling further by offering to buy the staple grain directly from farmers at the market price of 840 riel (21 cents) a kilogram. The CRB also called on farmers to ...

Independent radio station owner Mam Sonando declared his innocence yesterday at the Phnom Penh Municipal Court where his trial began over his alleged involvement in a secessionist movement in Kratie province. Commenting on organization he founded, the Association of Democrats, Mr. Sonando told the court it was ...

Despite offering an uplifting outlook for Cambodia’s economy this year, economists at the World Bank said yesterday that it could still succumb to volatile commodities prices, particularly food and gas. Speaking to journalists after the release the bank’s East Asia and Pacific Economic Update for 2012, ...

Mobile money transfer service WING is preparing to launch a mobile wallet service later this year, and ACLEDA Unity is preparing to expand its own mobile services, enabling people to quickly pay for things just by touching their phone to a point-of-sale terminal. Near-field communications (NFC) ...