Bankers have raised no concerns over the National Bank of Cambodia’s increase to the reserve requirement rate in order to maintain the stabilization of cash flow and inflation during a time of global financial difficulty. The increase, from 12 to 12.5 per cent, issued late last month, was ...

PHNOM PENH: Cambodia is trying to boost the tourism industry after its contribution to economic growth and offering job creation as ASEAN economic integration 2015 is moving and the free flow of workforce mobilization has been needed to help ensure steady growth. Cambodia’s tourism sector, in 2011, offered 350,000 direct jobs and millions of ...

In response to a spate of deadly bus crashes in the country, the government has ordered all bus companies to provide authorities with detailed histories of all their drivers, an official at the Ministry of Public Works and Transport said yesterday. Peou Maly, deputy director-general at the ministry’s transportation department, ...

The grand finale at Phnom Penh’s much-ballyhooed TEDx event on Saturday was intended to send a message. Several activists, among them Loun Savath and the son of the late Chut Wutty, would stand before an audience of 600 and read accounts of violent land disputes. Images from ...

Large dump trucks with beds full of rusted, twisted metal and aluminium canss rolled in, one after another, to unload their cargo at Phnom Penh’s largest scrap yard in Dangkao district. “All the metal must be exported because there are no recycling factories here [in Cambodia],” ...

Clutching bunches of incense, mouths moving in tandem, those gathered before the Preah Ang Dang Keu Shrine on Sisowath Boulevard late last month migth have passed for any group of supplicants save for a notable exception: The prayer was aimed at the judiciary. When supporters of ...

Cambodia exported just 78,000 tons of milled rice through the first eight months of 2012, and if the government is to reach its target of exporting 1 million tons each year by 2015 the agriculture sector needs more access to financing, participants at the Cambodian ...

When the international community hammered out a hard-fought deal with the government in 2001 for a war crimes tribunal to try the most senior leaders of the Khmer Rouge regime, they hoped their efforts would also set an example for local court system riddled with ...

Two rival workers unions continued to trade barbs Thursday, each blaming the other for a violent clash between striking garment workers and police at a factory in Kompong Speu province on Monday that saw eight people arrested. The Free Trade Union (FTU) has led strikes for ...

Cambodia is backsliding in efforts to improve working conditions in its garment industry, the International Labour Organisation said yesterday, following a series of strikes at factories producing western-brand clothing. The kingdom is failing to make progress in key areas such as worker and fire safety and ...

Cambodia’s garment industry, the country’s biggest income earner, recorded 2.06 billion U.S. dollars in export value in the first five months of this year, up 22 percent on the same period last year, a Commerce Ministry’s report showed Tuesday. Garment export accounts for more than 80 ...

Cambodia observed the Forest Day on Tuesday, urging people to plant trees in order to ensure the sustainability of forest and environment. The celebration was presided over by King Norodom Sihamoni and attended by Prime Minister Hun Sen and senior officials of the government, the parliament, ...

Cambodian Confederation of Unions president Rong Chhun yesterday appealed to landlords with properties close to garment factories not to take advantage of the industry’s minimum wage increase by raising rent prices. The minimum monthly salary in the garment sector – Cambodia’s biggest export industry – officially ...

Prime Minister Hun Sen said Saturday that he had ordered a Phnom Penh ice-making factory to shut down, after pungent chemical emissions from the plant in Russei Keo district caused more than 100 nearby residents to be hospitalized with breathing problems on Friday. at least 20 ...

Cambodian microfinance institution (MFI) Sathapana Limited will receive $15 million in loans to provide additional support to small- and medium-size enterprises (SMEs), which make up the vast majority of the country’s businesses. The loan comes courtesy of German Investment and Development Company DEG, a subsidiary of ...

With union and company officials at one of Asia’s largest garment factories making no progress in resolving a strike that has lasted nearly three months, a pair of labour relation groups are working on an agreement that all sides hope will end the deadlock. officials from ...

A nearly four-month strike, punctuated by a violent clash between unionists and police that left one bystander dead, could come to an end this afternoon. Officials from SL Garment Processing (Cambodia) Ltd and the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) – which represents a ...

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Twenty-five out of the 123 lawmakers elected during the July 28 national election are female, the official election results have shown. Sunday. The figures indicated that the number of women-lawmakers in the upcoming fifth legislature of the National Assembly is lower than that of the previous ...

Floods from Mekong River and heavy rainfall have killed at least 104 people and affected about 1.5 million people in Cambodia in the last three weeks, a senior disaster control official said Wednesday. “The latest figures showed that the floods have killed 104 people and ...