The World Tourism Organization (UNWTO), the United Nations agency responsible for the promotion of responsible, sustainable and universally accessible tourism, will support Cambodia to restore the tourism sector after COVID-19 ends, according to Tourism Minister Thong Khon.   ...

To participate in reviving sericulture – silk farming – in the Kingdom and boost the living standards of rural people, the private sector and development partners as well as financial institutions have now jointly participated in the effort, said chairman of the board of trustees ...

USAID and University of California, Berkeley, yesterday launched a “Digital Workforce Development project” from USAID-funded initiative of $15 million that will give young Cambodians the skills to compete in the digital economy for five years. ...

The finance minister has asked South Korea’s Booyoung Group to invest more in the Cambodian financial-technology (fintech) market, which has seen remarkable growth during Covid-19, as the company’s chairman revealed preliminary plans for a university in the Kingdom focused on fintech and taxation. ...

Extreme heat and flooding could erase $65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders and Cornell University showed on Wednesday. ...

The NGO Youth Resource Development Programme (YRDP) has launched a campaign to promote and lobby for the establishment of an “extractive industries fund”, with more than 100 youths from various universities participating. ...

A team of five architecture students from two different universities in Phnom Penh won the rooftop cafeteria design competition organised by the UN Food and Agriculture Organisation (FAO) in Cambodia, with the results announced on International Youth Day (IYD). ...

The Government of Japan will provide $843,946 in total for three organizations under the framework, the Grant Assistance for Japanese NGO Projects, to raise awareness of environmental issues, promote remedial study, and develop quality university for physical education through ICT. ...

The government last week said the extractive industry is on course to become a main economic pillar. Cambodia’s economic development is mostly driven by the construction, real estate, tourism, garments and agricultural sectors, but the government is working to diversify, with the extractive industry set ...

The government is allocating $50 million to support small and medium-sized enterprises (SMEs) in the agricultural sector. The funds can be accessed in the form of low-interest loans through the state-owned Rural Development Bank (RDB). ...

A 60MW solar power farm in Kampong Chhnang province was connected to the national grid last weekend, bringing the Kingdom’s total solar-power generation to 150MW, Ministry of Mines and Energy spokesman Victor Jona said on Sunday. The project, located in Taing Krasaing commune’s Romeas village ...

Following nomination by UN Secretary-General Antonio Guterres and approval by the Supreme Council of Magistracy, His Majesty King Norodom Sihamoni has appointed Fergal Gaynor as the new Reserve International Co-Prosecutor. ...

King Norodom Sihamoni has issued a royal decree ordering the appointment of 18 judges across the three newly established regional Appeal Courts. ...

The Ministry of Economy and Finance has revised the tax rates for all business owners and employees in Cambodia. Employers were instructed to deduct employee taxes according to the new rates from February onwards. Taxpayers have to submit the tax declaration by the 20th of ...

Phnom Penh authority is constructing three more subways shortly to facilitate commuters in the capital as well as to reduce traffic congestion. ...

It was announced this week that Cambodia will soon establish a representative office, the Cambodia Business Council Centre (CBCC), in Thailand’s capital in a bid to facilitate trade and business activities between the two kingdoms. ...

The construction of a power transmission line connecting the Kingdom’s south to the border with Laos is expected to be started at least by next year, according to an official from the Ministry of Mines and Energy (MME). ...

Angkor International Airport Investment (Cambodia) has confirmed that its new airport construction will finish as planned in 2023, despite the ongoing COVID-19 pandemic. ...

SHE Investments, a social enterprise supporting women entrepreneurs, has announced the official launch of its Digital Resource Centre (DRC) and Kotra Riel app. The event was held to celebrate both the concurrent launches and the achievements of women in the work world and their importance ...

Cambodia’s new investment draft law is set to introduce new incentives for people to invest in the country. ...