News

The World Bank is to train police, prosecutors and court staff on how to combat money laundering and financial terrorism under a national scheme to fight corruption. ...

The Securities and Exchange Commission of Cambodia (SECC) has made slow progress in reining in unlicensed operations since issuing its first derivatives trading licence nearly a year ago. To date, only six licences have been issued, while at least as many unlicensed firms continue to ...

A Cambodian startup was selected to take part in Startupbootcamp’s three-month fintech accelerator program in Singapore, becoming the second firm from the Kingdom to join the international program in as many years. ...

In his office at the National Bank of Cambodia, Mr. Heng Bomakara recalls the early stages of the nation’s currency with fondness. He still remembers a time when coins were commonplace. First minted in aluminum and then later in steel, these coins are now a ...

The “Buy Khmer Products” campaign continues this year, in a bid to promote local products among Cambodian people.​Pan Sorasak, Minister of Commerce, said last Friday that the campaign is “a momentum to inspire and awaken Cambodian citizens to acknowledge the value of local products.” ...

The Labor Minister yesterday lauded the government’s crackdown of a garment worker protest back in late 2013 and early 2014, which he claimed was necessary to avoid a war. ...

Japan has signed a three-year deal to help train government officials on attracting environmentally friendly investment. The Environment Ministry and Japan International Cooperation Agency (JICA) yesterday signed the agreement to educate officials about how to use environmental impact assessments and enforce pollution controls. ...

Prime Minister Hun Sen issued a strong warning yesterday to NGO officials who analyze politics, while also repeating that there will be no amnesty for former opposition president Sam Rainsy. ...

Twelve parties had registered for the June commune elections as of Saturday evening – one day before the deadline – with a National Election Committee spokesman yesterday saying no further parties were believed added on the last day. ...

Nearly 80 international and Cambodian civil society groups have signed a joint statement urging the government to halt its crackdown on activists and release five current and former senior officials of rights group Adhoc who have been awaiting trial since May. ...

A surge in the number of Cambodian migrant workers sent back from Thailand through the Daung International Checkpoint in Battambang province has puzzled authorities.​ ...

With King Norodom Sihamoni out of the country, Senate President and CPP stalwart Say Chhum is set to sign off on controversial new changes to the Law on Political Parties, the last step in what some are calling the final, fatal blow to Cambodia’s democracy. ...

For decades, political and economic upheaval in Southeast Asia separated ethnic Vietnamese communities in the United States from those in Asia, as their lives followed radically divergent trajectories. ...

Products from neighboring Thailand are still considered the best for many Cambodian consumers, and this is an incentive for Thai companies to set up branches in the country – taking advantage of the positive investment climate prevailing in the kingdom. ...

Micro-Credit Ratings International Ltd (M-CRIL), an Indian provider of rating and advisory services to the microfinance industry, has secured a $1.5 million equity investment agreement from the Asian Development Bank (ADB) to push into emerging markets including Cambodia, the ADB said in an announcement last ...

Japan’s Hitachi Ltd has officially entered into a joint venture partnership with the local construction company CMED Group Co Ltd, aimed at expanding its sales, installation and maintenance services for elevators and escalators throughout the Kingdom, the company announced on Friday. ...

Real estate and hotel developers have identified the southern coast of Cambodia as having tourism potential to encourage more business investment. ...

Prime Minister Hun Sen on Friday urged Cambodian artists to include elements of national identity in their work to ensure they are not threatened with intellectual property rights lawsuits from international artists. ...

The government will spend at least $12 million to relocate the Royal University of Fine Arts (RUFA) and build a cultural center on four hectares of land in Chroy Changvar district, while the old university buildings will be used to expand the National Museum. ...

Siem Reap provincial authorities have created a committee to investigate a fire that consumed most of a market early yesterday morning but did not cause any deaths or injuries. ...

The government needs to urgently amend its industrial development policy to spur the inclusive growth of small- and medium-size enterprises (SMEs) and develop a national logistics platform to cut onerous shipping costs if Cambodia is to find a place in global value chains, panellists at ...

Bred Banque Populaire – part of the second-largest banking group in France – officially launched operations in Cambodia yesterday after a ribbon-cutting ceremony at its headquarters, marking the first venture of a European bank in the Kingdom since the late 1990s. ...

US ambassador to Cambodia William A. Heidt says he wants the Cambodian government to sit down and talk about a multi-million-dollar debt owed to America from the days before the Khmer Rouge regime.   ...

Nearly 100 families affected by a railway land dispute have been given a 30-day ultimatum to accept compensation or lose it. The demand came from an inter-ministerial committee set up to resolve the cases of three  families in Banteay Meanchey province and 94 families in ...