Australia and New Zealand Banking Group (ANZ.AX) would consider selling some of its stakes in Asian banks if Australia does not ease stringent capital requirements, chief executive Mike Smith said on Wednesday. The plan raises questions about how Australia’s smallest ‘Big Four’ bank will meet the ...

More than 300 workers from the Tropicana Casino and resort in Banteay Meanchey provinces’s Poipet town obeyed a court order to end striking and return to work yesterday and official said. Hong Prakorb, a provincial official for the Labour Ministry said more than 200 workers ...

More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...

Cassava farmers in Banteay Meanchey province had to import seeds from Thailand this season in response to rapidly-changing weather conditions that interfered with seed growth. Te Haing, a cassava farmer in Banteay Meanchey who planted more than 1,000 hectares this season, told the Post yesterday that ...

Cambodia is expected to be able to produce about half the energy it needs by 2035, according to the Asian Development Bank (ADB), but the Kingdom – along with its neighbours – should also consider integrating their energy grids, which would bring about more competitive ...

The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...

Four Preah Vihear villagers filed a complaint with rights group Adhoc yesterday, requesting help in gaining permission to farm 93 hectares of land the Provincial Forestry Administration barred them from last year. The four complainants represent 65 families who have farmed the area in Kolen district ...

A reporter from Cheat Sachak newspaper in Ratanakkiri province filed a complaint to provincial military police and rights group Adhoc on Monday, claiming he had been beaten by a group of illegal loggers to stop him from reporting on their activities. Phon Bun Thoen, 53, said ...

ElectraCard Services (ECS), a leading provider of software and processing solutions for electronic payment systems, announced that Sathapana Limited (SPN), the leading MFI in Cambodia, has selected ECS to offer ATM and card services to their customers. Sathapana operates through 101 offices (74 branches and ...

Investors in drinks giant PepsiCo have filed a shareholders resolution urging the company to account for alleged land-rights violations in Cambodia. The 14 shareholders – including Oxfam – are increasing the pressure on PepsiCo following Coca-Cola’s pledge earlier this month of “zero tolerance” towards land grabs. An ...

Cambodia’s biggest international garment brands met yesterday to discuss wage issues, strikes and worker conditions, among other of the industry’s most pressing topics. But in a year marked by a fatal building collapse at the Wing Star Shoes factory in Kampong Speu, mass demonstrations, and bankruptcies ...

The opposition Cambodia National Rescue Party (CNRP) said Friday that talks with Prime Minister Hun Sen’s ruling party over political dispute will be resumed on Tuesday next week. “Officials at working group levels Of the two parties will meet on Tuesday, Nov. 5 at the Parliament ...

Officials from Svay Rieng’s provincial health department are rounding up expired medications that medical staff and villagers are believed to have pocketed while clearing a stockpile near the provincial hospital on Wednesday, local health Officials said yesterday. Provincial medical staff alerted the provincial health department after ...

Eight unionists locked in prison in Kampong Speu province since violent clashes at the Sabrina Garment factory in May and June were released on bail yesterday, court and union officials said. Cheum Rithy, a provincial judge, said he had decided to release the eight Free Trade ...

The rights group Adhoc says it is monitoring “at least 100” individuals who are complicit in forestry crimes across the country. These include “high-ranking officers” of the police and military police; business tycoons; and ordinary citizens across 11 provinces, Chan Soveth, a lead investigator for the ...

Phnom Penh commuters fed up with navigating the city’s increasingly busy streets will have a chance to test a new public bus service beginning in February. Phnom Penh Municipality spokesman Long Dimanche yesterday confirmed a one-month trial of a bus service along a 7.5-kilometre route running ...

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