The National Bank of Cambodia on Wednesday hosted its first annual macroeconomic conference, outlining the need to ensure Cambodia’s rapidly growing financial sector supports sustainable and inclusive economic growth while managing greater risks. Cambodia’s banking and microfinance sectors have seen enormous growth in recent years with ...

The Israeli gaming firm behind Sihanoukville’s Queenco Casino is seeking investors to expand its operations in the seaside town, according to a report released by the company last week, but after six months of “cash flow distress” and losses of more than $1 million, those ...

Almost every aspect of starting or operating a business in Cambodia is becoming more difficult, according to a World Bank report released Wednesday. “Starting a business in Cambodia requires 11 procedures, takes 101.0 days, costs 139.5 percent of income per capita and requires paid-in minimum ...

The National Assembly will cut some jobs in this fifth legislature in order to enhance the quality of its officials, an official said Tuesday. “Some staff don’t work, but they receive pay by just only coming to provide thumbprints,” parliament’s spokesman Chheang Vun said in ...

An archaeologist is pleading the government to save an Angkorian-era canal before the work of brick makers completely erases the site. Built nearly 1,000 years ago, the 120-kilometre stone channel was used to transport building materials from a quarry to Angkor Wat, according to archaeologist Thuy ...

The Cambodian government is aiming to increase its revenue collection to $3.78 billion for 2015, on the back of strong tax and customs income. A directive signed by Monaster of Economy and Finance Aun Porn Moniroth on Monday says $2.75 billion will be collected via current ...

After meeting with members, several labour union leaders yesterday said that they will not hold protests against the government-set garment industry minimum wage for 2015. Minister of Labour Ith Sam Heng last week approved $128 as 2015’s minimum monthly wage in Cambodia’s garment sector. The increase, ...

Cambodia will closely monitor flights to the country after announcing the cancellation of inbound flights from Malaysia and Indonesia from August 1. ...

The government has decided to delay the implementation of capital gains tax to Jan 1, 2022, according to a statement from the General Department of Taxation (GDT). ...

Thanks to Plan International Cambodia, some 1.5 million Cambodians in 11 provinces are now able to enjoy improved hygiene and sanitation services. ...

Cambodia’s economy is forecast to experience a rebound of 5.5 percent in 2022 despite a modest reduced  1.9 percent growth is forecasted this year amid the prolonged coronavirus pandemic, according to the Asian Development Bank (ADB). ...

The Business Registration System on Information Technology Platform (OBR) Phase 2 will be launched on Sept 1 and will expand its services to many sectors. ...

Kep Provincial Administration announced Friday that the Koh Tonsay Tourist Port, which costs around $1.2 million, is scheduled to be completed by the end of this year. ...

Foreign ministers of the Association of Southeast Asian Nations (ASEAN) have reiterated their commitment to ensure the full and effective implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement, which took effect on January 1, Cambodian Foreign Minister Prak Sokhonn said. ...

More than 100 factories have suspended work due to declining orders, putting thousands of jobs at risk, a union leader said. ...

The newly formed government has 1,422 secretaries or undersecretaries of state — a 121.8% increase from the previous government, which had only 641 officials in those positions. ...

The Ministry of Information is running another review of Cambodian draft law on access to information. Addressing participants joining the review on July 1, Minister of Information Khieu Kanharith explained that the draft law was comprehensively consulted with various stakeholders including civil society organizations. ...

The number of international tourists to Cambodia has increased at a faster-than-expected pace, prompting the kingdom to lift its target to 2 million tourists for 2022, up from earlier forecast of 1 million, Tourism Minister Thong Khon said on Saturday. ...

Kampot’s seaweed growers have been hit by a price drop of 1,000 riels per kilogram after the extreme heat of April devastated their harvest ...

The number of foreign tourists to Cambodia in 2022 rose by 1,059 percent to 2.28 million, the Ministry of Tourism’s report showed on Tuesday. ...