Shamed and exploited

Kneeling on the wooden floorboards of the Cambodian Prostitute Union’s (CPU) “drop-in” centre, Bopha’s voice began to tremble as she spoke of the obstacles her daughter faced at school.


Ancient jewellery to return: ministry

A set of ancient gold jewellery, which once adorned an Angkorian statue before finding its way to a London art dealership, will be returned to the Kingdom, the Ministry of Culture and Fine Arts announced on Friday.


MFIs seek ministry support

The Ministry of Economy and Finance (MEF) is planning to form a joint committee chaired by government officials and microfinance institutions (MFIs) to promote small loan disbursements as the new 18 percent loan interest rate cap takes effect, according to an announcement released by the government on Friday.


HKL gets $15 million to grow MFI operations

Cambodian microlender Hattha Kaksekar Ltd (HKL) has secured a $15 million cash injection to expand its business operations from its parent company, Thailand’s Bank of Ayudhya, Hout Ieng Tong, president and CEO of HKL, confirmed yesterday.


Reporter for RFA called to court

A prominent Radio Free Asia journalist who allegedly hid his identity to get in to Phnom Penh’s Prey Sar prison to interview what activists see as a key political prisoner has been called to court to potentially face charges.


Actress reveals tale of abuse

One of Cambodia’s most prominent actresses, who most recently appeared in Angelina Jolie’s First They Killed My Father, yesterday revealed her harrowing tale of alleged abuse at the hands of her husband.


Bringing startups to Cambodia

Confluences Asia, a Cambodia-based consulting and advisory firm, recently helped launch its second startup in Cambodia with Portuguese e-ticketing firm Last2Ticket. The Post’sMatthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups.


No investigation: Teen shot in Pursat fishing raid

A 16-year-old boy was shot and seriously injured by a joint force of military police, soldiers, fisheries officials and provincial police officers last Wednesday night in Pursat province’s Bakan district. However, district police said yesterday they had no plans to investigate.


NBC signs blockchain agreement

The National Bank of Cambodia (NBC) has signed an agreement with a Japanese firm to develop a blockchain-based payment system that could potentially allow for the regulated usage of a cryptocurrency, which would eliminate the use of formal financial institutions to send and receive money.


Three will face court for alleged bride trafficking

Two Chinese nationals and a Cambodian broker will face Phnom Penh Municipal Court this morning on allegations of trafficking women into China’s bride trade, after arrests were made through careful police work and a pinch of luck.


HKL gets $15 million to grow MFI operations

Cambodian microlender Hattha Kaksekar Ltd (HKL) has secured a $15 million cash injection to expand its business operations from its parent company, Thailand’s Bank of Ayudhya, Hout Ieng Tong, president and CEO of HKL, confirmed yesterday.


ACU arrests staffer of gov’t investment body

The Anti-Corruption Unit (ACU) has detained a staffer from the Council for the Development of Cambodia (CDC) for allegedly demanding bribes from foreign and domestic investors.


Harley throttles into Cambodia

Harley-davidson, the iconic and globally recognised US motorcycle manufacturer, will soon be roaring into Cambodia with the country’s first dealership set to open in the next few months.


No investigation: Teen shot in Pursat fishing raid

A 16-year-old boy was shot and seriously injured by a joint force of military police, soldiers, fisheries officials and provincial police officers last Wednesday night in Pursat province’s Bakan district. However, district police said yesterday they had no plans to investigate.


Sihanoukville port announces bookbuild and IPO date

The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31, the company’s sole underwriter said yesterday.


Parties’ funding plans differ

The two main political parties contesting the upcoming commune elections revealed disparate campaign budget plans yesterday, with the opposition pledging to spend over $1 million and a spokesman for the ruling CPP saying his party will not be creating a central campaigning budget at all.


Ministry pledges rice support

After Cambodian rice exports declined dramatically in March, caused by what millers claimed was a stricter enforcement of sanitary and phytosanitary (SPS) measures by the Chinese government, the Ministry of Agriculture announced yesterday that it would lobby on the sector’s behalf to allow more millers to be eligible for export.


Illegal logging Six arrested for clearing R’kiri forest

Five Chinese nationals and a Cambodian man were charged on Saturday at the Ratanakkiri Provincial Court for illegally clearing protected forest land in an area known to have gold deposits, a court official and a police officer said yesterday.


Japanese Education Programme Kumon opens in Cambodia

Kumon, the Japanese leader in after school education, has opened its doors in the Kingdom of Cambodia. The world’s largest after-school enrichment programme marked the opening in Cambodia with two ceremonies held in its Toul Kork and Boeung Keng Kang centres this week.


Storm in K Thom Lightning injures two, kills one

Lightning in Kampong Thom province’s Baray district killed one and injured two as heavy rains devastated homes and buildings across Cambodia on Saturday night.


Tax Department collects $760M in first quarter

The Cambodian government collected more than $760 million dollars in tax revenue during the first quarter of this year, an increase of more than 90 percent compared to the same period last year, according to a report released yesterday by General Department of Taxation (GDT).


City Hall to prohibit May Day protests by unions

A city Hall spokesman announced yesterday that the municipality will ban any public gatherings by unions representing many of the garment sector’s 700,000 workers on International Workers’ Day, even as Prime Minister Hun Sen yesterday reportedly touted the country’s achievements in the sector in a speech marking the day.


Vietnamese firm to invest in massive casino

A little-known Vietnamese investment firm plans to build a massive $200 million mixed-use development that includes a hotel, casino and water park in the dusty Cambodian border town of Bavet through its fully-owned Malaysian subsidiary, a government official confirmed yesterday.


Governor warns pets from parks

Phnom Penh Governor Pa Socheatvong warned dog owners at a meeting on Friday that an existing ban on their furry friends in the city’s parks will soon be enforced, with measures that may include temporary confiscation of offending pets.


Kingdom’s debt grows to nearly $6 billion

Cambodia's national debt stood at $5.8 billion at the end of 2016, totalling nearly a third of GDP, according to the latest debt bulletin released by the Ministry and Economy and Finance earlier this month.


Cambrew accused of forcing out unionists

A food workers union yesterday accused Cambrew of buying off 21 union members on the beer company’s staff with secret and inadequate payments as part of what they characterised as ongoing attempts to weaken worker representation.


AIA Life Insurance partners with Smart

AIA Cambodia Life Insurance Plc, a wholly owned subsidiary of Hong Kong-listed AIA Group Ltd, has partnered with telecommunications provider Smart Axiata to deliver life insurance products and services, according to a press release.


Drought ‘unlikely’ in ’17

This year’s early rains and a swift response to drought-like conditions in two provinces will spare Cambodia the searing droughts that plagued it in 2015 and 2016, the National Committee for Disaster Management (NCDM) said yesterday, though one development partner cautioned that lasting drought preparedness will require stronger financial commitment.


Banking shows steady growth

Cambodia's financial sector saw healthy growth last year with increased deposits and profits amid slower credit growth, reflecting sustainable development and increased public confidence in the sector, according to a recently released central bank report.