The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) neared the $1 billion mark in the first half of this year, despite a spiralling third wave of coronavirus infections, dubbed the “February 20 community event”. ...

The chief economist at the Economic Research Institute for ASEAN and East Asia says Cambodia needs to attract greater numbers of multinational companies and treat them well, in order to establish production networks that will transfer technology to smaller Cambodian businesses. In an interview with the ...

The Cambodian government yesterday offered a subsidy on equipment to private electricity distributors in an effort to expand the Kingdom’s limited power grid. Private power suppliers who have completed between 70 to 80 per cent of their planned investments in electricity networks can request subsidies on ...

Newly appointed Minister of Commerce Pan Sorasak issued a shot across the bow yesterday at individuals and companies that infringe on the intellectual property of other firms, warning his ministry was ready to take action against violators. ...

The Ministry of Economy and Finance has issued a prakas (directive) for the classification of taxpayers doing business in the Kingdom currently under the existing self-assessment regime. ...

The Cambodian government has issued new guidelines on anti-money laundering (AML). ...

The Cambodian Stock Exchange(CSX) has prepared its initial public offerings in a symbolic launch, though no public trading was offered. Finance Minister Keat Chhon and his South Korean partners hold a 49 percent stake in exchange. Two state-owned companies will go public including: the Phnom ...

The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...

Workers from at least six more factories in Bavet town’s Manhattan and Tay Seng Special Economic Zones joined about 5,000 workers who had been on strike since yesterday for a minimum wage increase and better working conditions. Va Sarorn, director of the Svay Rieng ...

Unlicensed real estate developers may find their projects blacklisted if they fail to register with the Ministry of Economy and Finance (MEF), a ministry official said yesterday. The MEF published the names of three developers in a local paper last week and has promised to warn ...

The government has signed off on a proposal to designate more than 9 hectares of land along Phnom Penh’s riverfront as state-private land, opening it up for private investment or long-term leasing. The 9.25-hectare stretch of riverfront from the capital’s Night Market to the Chroy ...

The Phnom Penh Municipal Court has charged the Cambodian chairman of a local conglomerate and a Chinese business associate with fraud and using forged public documents, officials said Wednesday. Al Romny, 41, and Chinese national Chin Mongxin, 45, were arrested Saturday after an un­known complainant said ...

Anonymous Cambodia, a group of local computer hackers, has claimed responsibility for disrupting at least three government websites since Saturday and vowed additional hacking attacks to protest against July’s “unfair” election, according to the group’s Facebook page and Twitter account. Since Saturday, the hackers have attacked ...

Representatives from worker unions, confederation and Cambodian youth rallied Tuesday at the Freedom Park to mark 15th Youth International Day. After rallying at the Freedom Park, they marched to present petitions to the National Assembly, Ministry of Education, Youth and Sport, and Ministry of Labor and ...

Sacred burial grounds and community forests should be granted more protection under a new government proclamation issued this month, but rights groups and land-grab victims are wary that, without proper enforcement, it will amount to little in practice. An interministerial proclamation, or prakas, signed by ...

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) totalled $2.069 billion in the first 10 months of 2022, marking a 17.09 per cent rise year-on-year from $1.767 billion, according to statistics posted by the operator at the weekend. ...

Cambodia has updated the country’s poverty line based on the 2019-2020 Socio-Economic Survey wherein the national minimum was set at 10,951 Riel (roughly $2.7) per capita a day. ...

Prime Minister Hun Manet laid out plans for Cambodia to graduate to an upper-middle income country by 2030 and strengthen the nation’s resilience and sustainability beyond then at the Cambodia Outlook Conference 2023. ...

There were 1,428 forestry and wildlife crimes in 2017, with 778 cases ending up in court and the remaining 650 cases leading to administrative fines. According to the annual report from the Ministry of Agriculture, Forestry and Fisheries, the cases included illegal logging, the cutting of ...

The Education Ministry and the Development Partnership Fund have agreed to target nine provinces to develop quality primary education. The program, phase three of the Global Partnership of Education, was launched yesterday for 40 districts in the provinces. ...