The United Nation’s human rights envoy Surya Subedi met yesterday with the president of Cambodia Chamber of Commerce, Kith Meng, to discuss human rights and economic growth in the Kingdom. At the top of the agenda was the management of economic land concessions and the role ...

The escalating health crisis that Cambodia is experiencing because of the Coronavirus outbreak has led to the postponement of several major business-related events supposed to be held this month in the Kingdom, including Digital Cambodia 2020. ...

The IMF World Economic Outlook (WEO) forecasts that uncertainty surrounding growth in advanced economies will slightly affect the growth of some ASEAN nations, particularly low-income countries such as Cambodia. A senior IMF official told reporters on the sidelines of the fund’s annual meeting yesterday that some ASEAN economies relying heavily ...

The Ministry of Health is still not clear about a plan to reopen some business, particularly KTVs, which were closed because of Covid-19. Even though the situation appears to be under control, the ministry is asking citizens to be patient a little longer. ...

A rising number of Japanese companies are expanding business in Southeast Asia, according to the Japan External Trade Organization (JETRO). However, to date, there has been hardly any concrete information on how many of the Japanese entities have targeted Cambodia for relocation although both Japan ...

A $500,000 investment will go towards 125 small and medium sized businesses set to gain grants and training in online commerce according to a joint press release by the Ministry of Commerce of the Kingdom of Cambodia, the Enhanced Integrated Framework (EIF) and the UN ...

The central bank’s decision to stop issuing new business licences to microfinance deposit-taking institutions (MDI) and encourage mergers among existing banking and financial institutions is a viable strategy that will help strengthen the Cambodian financial sector and is in line with current economic growth trends, ...

Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...

Vath Chamroeun is a busy man with daunting challenges. As secretary general of the Cambodian SEA Games Organizing Committee (CAMSOC), he is one of the main officials in charge of making sure the Kingdom is ready to host the 2023 Southeast Asian Games — and ...

Bilateral trade between Cambodia and Japan in the first eight months of 2022 rose by more than one-sixth on-year, in a trend expected to carry into the foreseeable future, largely driven by agricultural exports from the Kingdom. Still, the business community is calling for greater ...

The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun Sen ...

Cambodia urged the US-ASEAN Business Council to explore the possibility of investing in the health sector and private hospitals in the Kingdom. Boun Sarakmoni, Secretary of State, in a meeting also told the visiting delegates to consider investing in the processing and packaging of agricultural ...

Business people and investors who wish to receive ‘special benefits’ as part of the newly launched special programme to promote investments in Preah Sihanouk Province can file their applications now before the Preah Sihanouk Investment Promotion Working Group, according to a statement issued by the ...

Visa, a world leader in digital payments, is introducing resources to help Cambodian merchants and tiny and medium-sized businesses (SMBs) take full advantage of Visa’s digital payment solutions to optimize the customer shopping experience and increase sales, particularly in the tourism sector. ...

Cambodia was ranked lowest for its response to human trafficking by the U.S. for the third year in a row, with a new report saying that Cambodian officials have not done enough – and in some unnamed cases, have been complicit – in human trafficking ...

Despite having both onshore and offshore oil discoveries in the country, Cambodia does not produce oil and has been importing petroleum products from Vietnam, Thailand and Singapore. The Cambodia Trucking Association (CAMTA) says it controls around 70% of the Kingdom’s transportation. ...

Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...

Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...

Opposition party members and a human rights group yesterday condemned the demolition of eight homes and businesses at Phnom Penh’s Boeng Kak lake on Friday, calling the act a violation of the law. Two excavators belonging to Shukaku Inc tore down homes as riot police pushed ...

Aiming to disrupt the thriving local ride-hailing market with a new business model, Belarus-based Onde recently announced its intention to enter Cambodia.​ In an interview with Khmer Times, a representative of the startup said they provide the software entrepreneurs need to run their own taxi ...