Phillip Bank Plc. would like to address a message currently circulating on Telegram implying potential regulatory action against several banks, including Phillip Bank. We would like to clarify that such claims are false, unfounded and do not reflect the bank’s actual standing. Phillip Bank is taking the matter seriously and is taking appropriate steps to address the spread of inaccurate and misleading information that may cause unnecessary concern among customers and the public. We’ve also informed National Bank of Cambodia regarding the circulation of this misinformation. Phillip Bank remains financially sound, fully operational and in full compliance with all regulatory…
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Today, March 12, Metfone officially launched its smart solar power system for households and businesses in Cambodia, marking the company’s expansion into sustainable energy solutions. The new product enables customers to proactively manage their electricity supply, optimise operational costs and move toward a greener lifestyle as energy demand continues to rise. Metfone’s solar power system allows users to generate electricity from solar energy and store it intelligently for 24/7 use. During the day, electricity generated from solar panels is prioritised to power household appliances and business operations. Any surplus energy is stored in a dedicated battery system, allowing it to…
The 4th National Science, Technology and Innovation Day will showcase the Royal Government of Cambodia’s push to advance innovation as a key engine of economic growth and good governance. Scheduled for March 26–28, 2026 at the Koh Pich Convention and Exhibition Centre under the theme “Innovation for National Advancement”, the event will feature an expo that includes a centralised Government Pavilion which will present ongoing reforms and digital solutions under the government’s Go-Digital initiative. The three-day event will highlight national priorities under the Science, Technology and Innovation (STI) Roadmap 2030, including digital health, carbon neutrality and quality education, while strengthening…
Efforts to improve labour dispute prevention and resolution in the Kingdom are gaining momentum as government officials, employers, workers’ representatives and international partners review new research aimed at strengthening industrial relations and dispute settlement mechanisms. The discussion took place during a research validation and consensus-building workshop held on March 5 at the Sun & Moon Riverside Hotel in Phnom Penh, and brought together about 60 to 70 participants from the government, labour unions, employer organisations and development partners. The workshop was organised with support from the International Labour Organization (ILO) under the ILO Korea Partnership Programme, in collaboration with the…
Cambodia has taken a step toward translating its commitment to a “just transition” in the construction sector into concrete action, with senior government officials, employers and workers endorsing a draft roadmap focused on worker safety, green standards and long-term sector reform. The “Research Validation and Consensus-Building Workshop on the Global Accelerator for a Just Transition in Cambodia’s Construction Industry”, held on March 4 at the Sun & Moon Riverside Hotel in Phnom Penh, brought together representatives from the Ministry of Labour and Vocational Training and the Ministry of Land Management, Urban Planning and Construction, International Labour Organization (ILO) and Korea…
Cambodia’s entertainment landscape enters a new chapter on March 05, with the official launch of Sabay Cinema, formerly operating as Major Cineplex Cambodia. This transformation follows Major Cineplex Group’s regional divestment from Cambodia as part of its broader strategic realignment. In response, Sabay Digital Group moved decisively to acquire the entire shareholding previously owned by Major Cineplex Group, bringing both the cinema and bowling business operations under Cambodian ownership and control. This transition represents more than a strategic business decision — it marks a meaningful step toward strengthening national cultural industries and placing the future of cinema and entertainment firmly…
“In the past, I did not have sufficient capital to properly support and improve my business operations. As a result, I was unable to stock enough clothing or offer a wide variety of products to meet customer demand,” shared Ms. Tang Sokvorleak, owner of a men’s clothing shop in Kampong Cham. Ms. Tang Sokvorleak is the owner of “Ani Mode,” a men’s clothing store located in Phum Ti Pir Village, Veal Vong Sangkat, Kampong Cham City, Kampong Cham Province, approximately one kilometer from the Kampong Cham Night Market. Facing capital constraints that limited her ability to grow, Ms. Sokvorleak decided…
New branch delivers full-service banking to support Chrouy Changvar’s rapid growth. Wing Bank has officially inaugurated its newest branch inside the GDT Tower complex, bringing comprehensive banking services to the heart of Chrouy Changvar — one of Phnom Penh’s fastest‑developing districts. The inauguration ceremony was presided over by H.E. Kong Vibol, Minister Attached to the Prime Minister and Royal Government Delegate in charge as Director General of the General Department of Taxation. Also in attendance were Neak Oknha Kith Meng, Chairman of the Board of Directors of Wing Bank and Chairman & CEO of the Royal Group of Companies, and…
Building Strength Since 1960 – Engineering the Future with Precision and Performance Since its foundation in 1960, YOKODA has stood as a symbol of durability, precision engineering, and industrial innovation. What began as a bold vision to manufacture excavators in Japan has evolved into a global legacy of heavy machinery excellence and high-performance lubricants trusted across industries. The Foundation of Engineering Excellence (1960–1969) YOKODA’s journey began in 1960 with the manufacturing of excavators in Japan—machines engineered to endure the toughest working environments. By 1963, the company expanded into wheel loader production, strengthening its commitment to comprehensive construction solutions. In 1967,…
This is the story of Mrs. Song Srey On, who used a loan from LOLC Cambodia to expand her laundry business, in Phnom Penh’s Trapeang Areaks village, Ovlaok commune, Kamboul district. With the determination to improve her family’s living conditions and to build a better future for their young son, she and her husband have worked hard together to earn an income, regardless of the difficulties and exhaustion. After operating her laundry business for the past three years, Mrs. Srey On wished to expand her business so that she could serve more customers. However, the lack of capital became a…