Small and medium enterprises (SME) have long been considered a vital driver to economic growth for developing economies. SMEs stimulate job creation throughout the country. Migration of employment to neighboring countries and the unemployment rate has significantly decreased due to a rising number of SMEs, ...

Cambodia is one of the most biodiverse countries in Southeast Asia. Biodiversity supports Cambodians ecologically, economically and culturally. It plays an important role in providing ecosystem services and economic development to achieve the Cambodian Millennium Development Goals including poverty reduction. ...

Cambodian Prime Minister Hun Sen were at the Aid for Trade Global Review 2019. Photo by World Trade Organization (WTO), taken on 03 July 2019. Licensed under CC BY-SA 2.0.International trade plays an essential role in improving Cambodia’s growth, employment and business opportunities. Trade policy ...

World Bank Headquarters, 2013: World Bank/IMF Spring Meetings. Photo by Simone D. McCourte, World Bank, taken on 16 April 2013. Licensed under CC BY-NC-ND 2.0.Funding data on development and assistance to land tenure and titling issues presents an incomplete and conflicting picture. Though various sources exist ...

In September 2015, the UN General Assembly adopted the new 2030 Agenda for Sustainable Development. This contained 17 items that have become known as the UN Sustainable Development Goals (SDGs), intended to drive action in critically important areas to the year 2030. These goals have ...

For most of the 21st century, Cambodia has enjoyed significant economic expansion, moving from a period of political turmoil to emerge as one of the fastest-growing economies in the world. Cambodia achieved lower-middle-income status in 2015, largely as a result of free-market reforms, the introduction ...

The COVID-19 pandemic has hit global and Cambodia’s economies hard, having a spillover on the stability of the banking system. Banks and financial institutions have continued to provide services to customers, which can be seen through the rise in the number of depositors’ accounts to ...

Although there is currently no commercial-scale production of gold carried out in Cambodia, exploration by many companies is underway, with some promising find reported. Subject to government approval, commercial production could begin in 2016 or 2017. Gold is found in a number of ...

The Asian Development Bank (ADB) was established in 1966 which headquarter is in Manila and currently has 68 members under its institution. The ADB aims to assist members and partners by providing loans, technical assistance, grants, and investments to promote socio-economic development.145 The ADB has ...

Sustainable Development Goal 6 has 8 targets and 11 indicators, which will be used to drive action towards achieving universal access to safely managed water and sanitation and appropriate management of water resources.193 SDG 6 recognizes that sustainably managing water goes beyond providing a safe water ...

Many varieties of gemstone are found in Cambodia, with rubies and sapphires being the most valuable. Diamonds and emeralds are not found here. There is no large-scale commercial mining of gems. Stones are recovered by individuals or small family or community groups. ...

Chi Phat primary school, Koh Kong Province. Photo by ODC team, taken on 28 November 2017. Licensed under CC BY-SA 4.0.Access to free, good quality education in Cambodia is a right set out in the country’s Constitution: Article 65: “The State shall protect and promote citizens’ ...

A national road in Cambodia. Photo by Pat Scullion, taken on 2 April 2010 under CC BY-NC-ND 2.0Infrastructure describes the built assets that allow a country to function, such as roads, railways, ports, airports, communication systems, electricity and drinking water distribution networks. The Ministry of ...

Cambodian Independent Teachers’ Association and Free Trade Union of Workers of the Kingdom of Cambodia celebrated the World Teacher Day from Cambodia. Photo by Education International, taken on 5 October 2009. Licensed under CC BY-NC 2.0Cambodia’s national budget determines state expenditures and revenues. It is ...

All land that is not state public property or is not privately owned is de facto state private land. State private land may be sold, exchanged, leased, granted as concessions, or otherwise alienated. ...

The protection of Cambodian forests is primarily the responsibility of the Ministry of Agriculture, Forests and Fisheries (MAFF) and the Ministry of Environment. There are, however, many non-governmental organizations (NGOs) working in the area, from United Nations (UN) agencies and other global bodies to locally-registered ...

Young child drinks clean water in Cambodia. Photo by Cecilia Snyder, taken on 12 July 2003. Licensed under CC BY-NC-ND 2.0Water pollution can be defined in many different ways. Basically, it is the contamination of water when pollutants are discharged into water bodies without treatment ...

The rights to freedom of association are protected under Cambodia’s laws. Article 36 of the Constitution of the Kingdom of Cambodia provides that ‘Khmer citizens of both sexes shall have the rights to create unions and participate as its members’. Thus, under the 1997 Labor ...

Political stability and economic growth of all sectors have played vital role in building the public and foreign investors’ confidence and maintaining the safety and soundness of banking system in Cambodia. The banking sector continues to have substantial growth as it shares 82.2% in the ...