SINGAPORE Banking Corporation Ltd is set to open a second branch in Siem Reap. Work on the new branch, located on the ground floor inside the busy Lucky Mall complex, has almost been completed. But Chea Nary, administration officer, said the opening date was uncertain “because it depends on the processing of the licence”. SBC Bank’s first Siem Reap branch, near the Central Market, was opened in August 2002.
Work underway at new SBC Bank branch
- Hun Sen to ‘step down’ if he loses Sam Rainsy bet over Kem Sokha
Hun Sen has promised to step down as prime minister while opposition figure Sam Rainsy pledges to turn himself in as forfeits if the long-term political rivals lose a “bet” over the future of former opposition leader Kem Sokha, who is on bail awaiting trial
- UAE prince seeks to invest in Cambodia
The UAE has expressed interest in Cambodian oil and gas exploration. Minister of Mines and Energy Suy Sem said this was the result of his discussions with Sheikh Ahmed bin Dalmook bin Juma al-Maktoum, a member of the royal family who visited him on Wednesday.
- Smith calls for ‘release’ of Sokha as visit ends
At a press conference to conclude her 11-day visit to Cambodia, UN Special Rapporteur for Human Rights in Cambodia Rhona Smith on Thursday called for treason charges against former opposition leader Kem Sokha to be dropped and for him to be released from “restricted detention”.
- PM denies ‘nepotism’ claims
Prime minister Hun Sen denied on Thursday that nepotism was involved in the recent promotions of the children of senior government officials. He said they had been “trained” and were entirely capable of carrying out their duties while being open to “punishment” like anyone else.