News

Cambodia’s microfinance sector experienced another year of explosive growth, with both lending and deposits surging over 40 per cent in 2015, according to new data by an industry association. ...

Although bilateral trade between India and Cambodia remains low, investors from the subcontinent are eying the market here for its potential as a regional hub for their agricultural, machinery and industrial products, B. Sarkar, executive director of the Engineering Export Promotion Council (EEPC) of India, ...

Provincial environment department officials shut down a gem mine in Pailin province yesterday, after an inspection found that the operators had not obtained proper authorisation. ...

The Ministry of Economy and Finance has raised concerns about the rapid growth of credit and real estate sectors, which it says could pose risks to Cambodia’s economic growth, while emphasising that policy measures were being taken to mitigate these risks. ...

Sitting in a meeting with U.S. President Barack Obama and fellow Asean leaders in California on Tuesday, Prime Minister Hun Sen seemed to have his mind on what Cambodians would think of his participation in this week’s U.S.-Asean Summit. ...

The Highland De’ Canal project on the northern outskirts of the capital has launched its land sales on its 100 hectare side, with the first phase of sales offering 36 hectares at $80 to $90 per square meter, Khing Vannak, a major shareholder in the ...

A 60-year-old Mexican national working at a school in Sihanoukville was convicted of sexually abusing two young girls yesterday and sentenced to two years in prison, with one year of the sentence suspended, according to APLE Cambodia, a child rights NGO. ...

Government officials are encouraging Japanese investors to channel more funding into the country’s booming construction and property development market, with the Ministry of Land Management, Urban Planning and Construction rolling out the red carpet for them. ...

Between 2008 and 2015, the World Bank and German aid agency GIZ spent $13 million setting up eight social land concessions for thousands of the poorest Cambodians, doling out small farms they could use to pull themselves out of poverty and, after a few years, ...

A Social Affairs Ministry report published yesterday showed that provincial departments of social affairs, veterans and rehabilitation assisted 2,437 homeless children in 2015, 715 of whom were girls. ...

As Latin American countries reel from a spike in the number of microcephaly cases, believed to be linked to the mosquito-borne virus Zika, the Cambodian Ministry of Health has urged citizens to take precautions against the spread of the disease here. ...

Following an order from the government this week for businesses on O’Tres and O’Chheuteal beaches to shut down, about 100 protesters in Phnom Penh on Thursday called for the decision to be overturned. ...

Telecom operator Smart Axiata Co. Ltd. and the Ministry of Posts and Telecommunications yesterday signed a memorandum of understanding that will see Smart donate more than $320,000 to build a facility for students at the National Institute of Post, Telecom & ICT (NIPTICT). ...

Since its launch in 2005, ANZ Royal Bank has grown to become one of the top-end banks in Cambodia, and has increased its focus on core areas of e-banking, corporate clients and introducing efficiencies in its operations. ...

The sexual abuse case involving a 57-year-old German national and at least five underage boys continued in Phnom Penh Municipal Court yesterday. Udo Sabiniewicz, owner of FX Animation Studio in Phnom Penh’s Chbar Ampov district, could be sentenced to one to three years in prison ...

Thai company SCG has spent over $40,000 for the construction of a bathroom that will be used once, by Thai princess Maha Chakri Sirindhorn, on the 22nd of this month. The bathroom is on the shores of Boeung Yeak Laom, Ratanakkiri, where the Thai Princess ...

Indigenous peoples fighting economic land concessions (ELCs) in Cambodia are more likely to get results with violent protest than lodging their complaints through legitimate channels, a controversial study published this month argues. ...

Royal Cambodian Armed Forces commander-in-chief Pol Saroeun yesterday told hundreds of the Kingdom’s top military brass to be more like Prime Minister Hun Sen and join the information age via smartphones and social media. ...

Pailin province will be ground zero for a Ministry of Social Affairs’ pilot project that will offer 20,000 riel stipends monthly to poor, disabled citizens, according to ministry officials. The funds will be distributed to citizens for set amounts of time based on their level ...

The Koh Kong provincial court has delayed issuing a verdict for an environmental activist charged with illegal logging. ...

A two-day summit between US President Barack Obama and leaders of ASEAN ended Wednesday with 17 points of a joint declaration, aimed at strengthening between Southeast Asia and the US. ...

Singapore head quartered creative agency Alchemy has been appointed as the digital marketing agency for Total Cambodge in Cambodia. The win will see Alchemy driving the overall digital communication planning, creative and production for the brand. ...

Authorities say they are cracking down on illegal “press” license plates, threatening imprisonment for the offense. ...

The Ministry of Information says it is working with LGBT rights groups to create a regular radio program that discusses LGBT issues, with the aim of making society more welcoming. ...