One of the largest banks in Japan, Sumimoto Mitsui Banking Co., will sign an agreement with Acleda Bank Friday to share market data and banking services, Acleda announced yesterday. The deal would allow Sumimoto Mitsui, which currently Only has a representative branch in Cambodia, to access ...

United States Trade Representative Ron Kirk will be in Siem Reap, Cambodia, August 30-31, to participate in the Association of Southeast Asian Nations (ASEAN) Economic Ministers’ meeting and the ASEAN-U.S. Business Summit. The ten ASEAN countries are key economic and strategic partners for the United States, ...

More than 150 businesses and associations from around the world gathered on Phnom Penh’s Koh Pich yesterday for the launch of the country’s annual food and hospitality exhibition. Two events, the International Food, Drinks and Wine Show and the Cambodian International Hotel, Restaurant and Catering Industry ...

In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers Association in Cambodia (GMAC) to come to the table and discuss a $120-per-month minimum wage. A few days after Cambodian Confederation of Unions ...

Regional conservationists criticised the Mekong River Commission (MRC) yesterday for leaving the controversial Xayaburi Dam off its agenda at this week’s annual ministerial meeting in Luang Prabang, Laos. Laotian authorities said they would confirm their decision to go ahead with the hydropower project in the mainstream ...

Laws protecting ethnic minorities’ communal land rights are good, but their implementation has a long way to go, said participants in a forum of minorities from Mondulkiri and Kratie provinces yesterday. After July’s parliamentary elections, legislators should take the opportunity of a newly constituted government to ...

Chartered direct flights from Taiwan to Cambodia were re-launched on February 7 by Taiwanese airline Far Eastern Air Transport, one year after the company abruptly suspended the flights over a dispute with its Cambodian airline partner over unpaid aviation fuel. Six flights have been ...

Cambodian Prime Minister Hun Sen on Thursday met with a large group of Chinese business executives visiting Cambodia to explore investment opportunities. To date, he said, the Sino-Cambodian relationship has reached the level of the Comprehensive Strategic Partnership of Cooperation. The premier said China has helped ...

Prime Minister Hun Sen said yesterday that the government has no role in setting the minimum wage, as Cambodia is a market driven economy, and shot down unnamed people who have been calling for the government to significantly raise the country’s floor wage of $61. “For ...

The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...

Borei Keila evictees will have a chance to revisit the area they were forcibly evicted from this Sunday when authorities truck them back from the makeshift tents of their relocation site for a special purpose – to vote. Touch Khorn, a representative of the Borei Keila ...

Garment factory owners have agreed to provide workers with an additional $9 in monthly benefits for transportation, housing and attendance in order to reduce growing protests in the sector, Garment Manufacturers Association of Cambodia (GMAC) officials said yesterday. “We will provide $3 in attendance bonuses and ...

The Appeal Court yesterday began hearing now-incarcerated former Anco Brothers deputy general director Heng Chheang’s appeal against Senator Kok An’s requested Phnom Penh Municipal Court injunction over his property. Chheang, and his wife, Tep Kolap, former Phnom Penh International University director, were convicted and sentenced to ...

Villagers who have spent recent days patrolling Prey Lang forest would file a complaint to the prime minister alleging government officials and private companies are clearing parts of the forest, a spokesman said yesterday. The 70-strong citizen patrol team who scoured the forest this week ...

The Ratanakkiri Provincial Court yesterday summoned three human rights workers and a journalist over allegations that hey incited indigenous ethnic minority villagers in Lumphat district to protest violently against a powerful agro-industry company in 2009. Deputy court prosecutor Chea Sopheak said he had requested Adhoc provincial ...

The country cannot afford to further increase the salaries of civil servants such as teachers and members of the armed forces, as to do so would require tax increases—a move that has already sparked protests across Europe, Prime Minister Hun Sen said yesterday. Speaking at a ...

About 600 Tae Young factory workers are back on the job thanks to a court injunction – and the desire to pocket a little cash in time for Pchum Ben – but the return will only be temporary, workers said yesterday. The decision followed a Kandal ...

After calls from their lawyers late last month to speed up the appeals process, three former advisers to Senate President Chea Sim convicted of fraud last year will appear before the Appeals Court on November 7, court deputy prosecutor Tan Senarong said yesterday. The three defendants ...

After months spent surveying land for an ambitious land-titling project, thousands of student volunteers have been granted a short reprieve to return home over the Pchum Ben holiday, the prime minister announced yesterday. At a graduation ceremony in the capital yesterday, Prime Minister Hun Sen said ...

Prime Minister Hun Sen has called on unions, employers and the Ministry of Labour to take a collaborative approach to stamping out violent protests in the garment industry, a unionist said yesterday. During a Saturday conference involving 4,000 people from more than 60 union groups, Hun ...