News

The Securities and Exchange Commission of Cambodia (SECC) launched its “Excellence Program” today with the aim to help companies develop the capacity to prepare adequate financial reports, establish proper accounting principles and learn about how the growth board can provide additional funding sources. ...

Rice millers in Battambang province are seeing red due to an erratic power supply affecting their production and causing them to lose money. ...

The Cambodia Chamber of Commerce (CCC) has suggested that Russia set up the Russia-Cambodia Investor Council to pave the way for the private sector in both countries to be engaged with each other. ...

Out of 600 prisoners at Kampong Thom prison 18 may have their sentences reduced by six to 12 months for the upcoming Water Festival in November. ...

Government officials reacted strongly yesterday after the US Embassy questioned Cambodia’s commitment to democracy. ...

Japanese company Asian Gateway (Cambodia) will soon conduct a pilot project with a hydroponic farm in Cambodia. It will be tested at the Royal University of Agriculture (Chamkar Dong campus) in the first stage and after that will be used as a model for farmers and ...

The US State Department has expressed deep concern over Cambodia’s spiralling democratic climate following the government’s diktat to shutter the USAID-funded National Democratic Institute (NDI), ostensibly for violating the highly contentious NGO Law. ...

Cambodian officials and members from the private sector have refuted international media reports that claim the price for rice exports to Bangladesh will be set at $453 a tonne as part of a government-to-government deal that hopes to see 250,000 tonnes of white rice exported ...

In Svay Rieng province’s Bati commune, electricity poles and wires sprung up five years ago in Thnanh village but power still has not run through them, leaving villagers reliant upon batteries and most recently, solar panels. ...

The Cambodian Labour Confederation said garment workers need a monthly wage of $224 to survive, a steep rise from Prime Minister Hun Sen’s proposed increase to $168. ...

The Trump administration will impose visa sanctions on four countries that refuse to take back foreign nationals deemed to be in the US illegally, Department of Homeland Security spokesman Dave Lapan said Wednesday. The four countries — Cambodia, Eritrea, Guinea and Sierra Leone, according to ...

Preah Sihanouk’s governor yesterday attributed the slow progress in combating private encroachment into ecologically sensitive mangrove and coastal regions to a “careful” approach, after the prime minister on Tuesday chided officials for failing to tackle the issue since it was raised more than a year ...

A Khmer-Vietnamese Association representative in Ratanakkiri yesterday denied that illegally logged timber confiscated from the group’s office in Tes Anglong village on Tuesday belonged to the association. ...

Eighteen Cambodian migrant workers were repatriated from Malaysia this week after being cheated by brokers to work abroad illegally, the Foreign Affairs Ministry said yesterday. ...

Next year’s national election is unlikely to slow the rapid pace of bank lending growth but could put a temporary crimp in deposits, though the sector is expected to have sufficient liquidity to absorb the impact, according to a report released yesterday. ...

The Cambodian Foreign Ministry yesterday announced that it was halting the operations of the US State Department-funded National Democratic Institute (NDI) and expelling all its foreign staff from the Kingdom in the next week – a move that prompted the US Embassy to fire back ...

Cambodia moved a step closer to becoming an oil-producing nation yesterday after the government finalised its long-awaited production-sharing agreement with Singapore-listed KrisEnergy to develop the country’s first oil field. ...

About 200 people from Kampot and Kandal provinces gathered yesterday at the Land Ministry asking for two separate disputes with development companies to be resolved. ...

The Ministry of Information has closed down multiple radio stations that have been renting airtime to the opposition CNRP party and to two radio news organisations that have been under fire from the government. ...

Prime Minister Hun Sen again met with garment sector workers yesterday, adding a boost to maternity leave salaries to a range of promises he had made to them on Tuesday. ...

Knight Frank Cambodia, a leading independent real estate consultancy in Cambodia, released its latest half yearly commercial and residential report for 2017. The report highlights four main sectors: the office sector, retail sector, serviced apartment sector and condominium sector. ...

President of the department for traffic police Ron Rath Veasna met with private bus companies yesterday to discuss a report indicating that the number of traffic accidents caused by private buses has increased. ...

Prime Minister Hun Sen declared a passion for forest protection yesterday, urging officials to improve the efficiency of forest crime prevention. ...

Prime Minister Hun Sen announced yesterday that the government will cut back on recruiting new employees next year to reduce its spending on civil servant salaries. ...