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.
“We will invest the $15 million to expand our services,” he said. With the enlarged budget, HKL will add an additional 15 branches to its current 157-branch network while adding an additional 10 ATMs to its current stock of 120.
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. Chun Chanboth was served a court summons on Friday and will appear in court in May for allegedly falsely declaring his identity as he joined a delegation of opposition lawmakers to enter the prison. Radio Free Asia reporters use pen names and Chanboth used his real name, Huot Vuthy, to register at the jail.
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. Sveng Socheata, 38, on Saturday filed a complaint to police against Thong Sokhom, 27, her husband and a traditional healer, alleging he threatened to “behead” her and their toddler son with a meat cleaver and an axe. “He threatened to kill me . . . He intended to kill me many times,” she said yesterday, explaining she had kept quiet out of shame.
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’s Matthieu de Gaudemar sat down with Soreasmey Ke Bin, managing director of Confluences, to discuss the Kingdom’s appeal to foreign firms and startups. We work a lot with foreign companies that want to integrate into the Cambodian market by providing consulting and advisory services. We help them with their first steps," said Soreasmey Ke Bin.
Even though games such as “Fight for the leaf” or “Hide the towel” are traditionally played during the Khmer New Year holidays
One of 23 islands in the sea of Koh Kong, Koh Kmoch (Ghost Island) has a wealth of corals and other sealife visible through its crystal clear water.
In today’s world of fast-changing technology, Cambodia is seeing increasing innovation in financial services.
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.
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 form
The opening of a new Mexican restaurant in the capital, run by a Canadian of Croatian descent, isn’t just a fluke of globalisation.
The top-of-the-table clash in the Metfone C-League between Preah Khan Reach Svay Rieng and Ministry of National Defence ended in a mean-spirited goalless draw marked by a clutch of bookings, physicality, verbal exchanges and even the dis
A penniless employee took his boss’s motorcycle and put it up as collateral to borrow money so he could go home for the Khmer New Year but was forced to fess up to the deed when he returned to work in the capital’s Chroy Changvar distric
Mom Vun speaks not for the camera, but to a courtroom: “This was unforgettable humiliation,” she says.
Even though games such as “Fight for the leaf” or “Hide the towel” are traditionally played durin