Cambodia expects the arrival of the ASEAN Community in 2015 to present challenges as well as opportunities for its people. Economic advisor to the Ministry of Foreign Affairs and International Cooperation Sok Siphanna believes that the ASEAN integrity will create more opportunity for Cambodia. “Cheap labor in ...

Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...

More than 100 villagers involved in a land dispute with an import-export company in Pursat province’s Veal Veng district protested Sunday against the firm’s alleged attempts to stop them from farming the area, officials and villagers said. Meas Sarin, one of the protesters, said that about ...

About 90 garment workers began a hunger strike yesterday in front of the shuttered Kingsland Garment Cambodia, Co. Ltd. factory in Phnom Penh’s Meanchey district, following weeks of protests demanding unpaid wages and severance pay. “We want the owners of Walmart and H&M to know ...

Kompong Thom provincial authorities have denied a request by the SRP to hold a peaceful demonstration to draw attention to severe power outages that have plagued the province for almost two months. Men Sothavarin, SRP senator for Kompong Thom province, said that his party had received ...

One of the journalists on the scene when environmentalist Chut Wutty was gunned down last month appeared in a Koh Kong provincial court yesterday to answer questions about the shooting incident, which also led to the death of military police officer In Rattana. According to human ...

Thailand and Cambodia are ready to implement a single visa agreement, which would enable tourists to use only one visa for both countries from Nov 21, an immigration bureau chief says. The project comes under the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (Acmecs). Acmecs, which was initiated by ...

The Bank for Investment and Development of Cambodia (BIDC), a subsidiary of the Bank for Investment and Development of Viet Nam (BIDV), has been named as one of the five biggest banks in Cambodia after three years of operation BIDC general director Nguyen Van Hien said ...

Cambodia-based SOMA Energy will construct two bio-mass power-generating plants that convert rice husks into electricity to supply Cambodian farmers working in the provinces. SOMA energy, a subsidiary of SOMA group, has invested nearly $3 million in the construction of the plants, one of which is located ...

Representatives of 157 families evicted in 2010 from a social land concession in Preah Vihear province belonging to businessman Pen Lim, a one-time adviser to Senate President Chea Sim, were in Phnom Penh yesterday to petition Hun Sen. The families say they were forced off the ...

Maybank Investment Bank Bhd (Maybank IB) plans to leverage on its parent, Malayan Banking group’s presence in Cambodia, Laos to penetrate their capital markets there. Maybank IB chief executive officer Tengku Datuk Zafrul Abdul Aziz said on Monday he was looking at organic growth for the ...

Cambodia has currently had 2.36 million registered automobiles and motorcycles, according to the figures of the Ministry of Public Works and Transport on Friday. The country has 377,660 cars, buses, and trucks, and 1.98 million motorcycles, said the figures. Vehicles are mostly purchased from Japan, Thailand, Vietnam, ...

A meeting between factory management and representatives of more than 5,000 striking workers at one of Asia’s largest garment-processing factories yielded no progress. Ken Loo, secretary-general of the Garment Manufacturers Association in Cambodia, has called the strike illegal because workers failed to notify the company ...

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