News

China is the largest provider of financial assistance to Cambodia for agriculture and irrigation development in the last three years, Cambodia’s Minister of Finance Keat Chhon said on Tuesday. Since 2010 to date, he said, Cambodia has received a total loan of $561 million and a ...

Acleda Bank has filed an application to start banking operations in Burma with the central bank and is on track to open its first microfinance branch in the country by January, Acleda President In Channy said yesterday. Mr. Channy said the bank submitted its application for ...

Inner city students enlisted into Prime Minister Hun Sen’s nationwide land-titling program have been getting a taste of the rural life and some of them are ready to come home. Prepped with a two-day crash course in surveying, more than 1,000 youths have been dispatched across ...

Beehive radio station director and accused “secessionist” Mam Sonando was sent to Prey Sar prison yesterday, where he will be detained until his trial on formal criminal charges including insurrection, a conviction that alone could result in up to 15 years behind bars. After two and ...

After two hours of questioning, the Phnom Penh Municipal Court yesterday sent independent radio station owner Mam Sonando to Prey Sar prison for pretrial detention, where he will await a hearing on allegations that he tried to foment a secessionist movement in Kratie province. As Mr. Sonando was being questioned, ...

GE Energy has signed a contract with Cambodian industrial conglomerate Soma Group to supply two of its engines to power a biomass gasification facility. Soma Group’s Hak Se mill biomass gasification project is located in Cambodia’s rural rice milling region Kamphong Cham, and reinforces a 2011 ...

The Laos government will continue to allow what it has dubbed “preparatory work” on the controversial Xayaburi dam, including the resettlement of villagers, despite promising to suspend the project at last week’s ASEAN Regional Forum, according to a media report in Laos. ...

The US-based Human Rights Watch on Tuesday called on the government to release Beehive Radio owner Mam Sonando and drop all secessionist charges against him. Mam Sonando, 70, was arrested Sunday in Phnom Penh and has been charged with crimes related to sedition, for allegedly running ...

Garment worker Ba Chhorvorn stands in the sweltering heat inside the small concrete brick room she calls home in Kandal province. Across the road is her workplace, a supplier to Levi’s and Gap, which her boss describes as the “five-star hotel of garment factories”. Worlds apart but ...

Cambodia will sign a rice trade Memorandum of Understanding (MoU) with Indonesia in August under which Indonesia will purchase 100,000 tons of rice from Cambodia annually. The deal is expected to boost Cambodia’s rice exports and help the country achieve its target of exporting one ...

Lao Foreign Minister Dr. Thongloun Sisoulith said on Friday that Laos has postponed the controversial development project of Xayaburi Dam Cambodia and Vietnam expressed their shared concerns about the construction project of the dam, which could damage and affect the environment, natural resources, and living condition of the people at the lower countries. ...

German sports brand Adidas yesterday denied allegations that its Cambodian factory, which produces Olympic merchandise, was not paying workers a sustainable living wage. The London Organizing Committee for the 2012 Olympic Games (Locog) said on Sunday it would investigate claims that Adidas has violated its agreement ...

More than 100 Free Trade Union of Cambodia supporters gathered in front of the union’s office to express their discontent with a deal struck between the Coalition of Cambodian Apparel Workers Democratic Union and their employer, Puma supplier Thai Pore Garment Manufacturing, FTU officials said ...

The Cambodian Broadcasting Service launched the Kingdom’s first 24-hour news channel, Cambodian News Channel, to great fanfare last night at its new studios. During the launch, Kith Meng, chairman of both Royal Group and the new channel, said this news channel would further the development of ...

A “public morality” clause in the draft ASEAN Declaration on Human Rights threatens the most basic rights of women and sexual minorities and should be scrapped, a coalition of women’s groups said in a statement released yesterday. Civil society groups met with foreign ministers at the ...

One of Malaysia’s biggest investment banks, RHB Capital, announced it will acquire OSK Indochina Bank, via the transfer of 100 per cent of OSK Investment Bank shares from parent OSK Holdings, giving OSK Holdings a 10 per cent stake in the larger Malaysian RHB Capital ...

The number of businesses registered with the Ministry of Commerce climbed by more than 10 per cent year on year during the first half of 2012, ministry data showed. Officials credited the government’s piecemeal efforts to institute a transparent investment policy and gross domestic product growth, ...

Unions will urge the Labour Advisory Committee (LAC) to crack down on employers using fixed-term contracts to threaten workers, they said yesterday. ...

Bangkok Airways passenger plane that was shot at by a Cambodian soldier Wednesday night had been flying on its normal flight path from Siem Reap City to Bangkok, a representative of the airline said yesterday, contradicting earlier reports by Cambodian military officials that the aircraft ...

After failing to receive compensation from the airline, relatives of the 13 South Korean nationals who died in the 2007 PMT Air flight U4 241 crash have been reimbursed for their loss by the travel agency that issued the tickets, a law firm said yesterday. According ...

When London-based real estate investor Sanjay Dhir heard about Cambodia from his Indian partner Manoj Varma, he took a trip here in October 2010 and stopped by the roadside to meet the operators of a portable rice mill. He knew then that Cambodia was ready for ...

A new hotel serving the Phnom Penh International Airport opened on July 1 at Ratana Plaza on the left off Russian Boulevard just before Hanoi Road on the way to the airport from central Phnom Penh. The Dara Airport Hotel has 155 rooms with a fifth-floor ...

Long-time foreign members of the Cambodian business community said the US-ASEAN Business Forum, held on Friday in Siem Reap, was largely successful in setting the country in the sights of America businesses, but multinational corporations will need more time in the Kingdom before nailing down ...

The producer of Mee Yeung instant noodles is set to expand its business by investing US$1 million in equipment to produce noodles for export, said a company official. The new machines will be delivered from China and will be able to produce 6,000 cases or ...