Cambodia’s GDP growth was projected to reach 7 percent in equivalent to 15.65 billion U.S. dollars in 2013 despite a challenging global economic environment, the World Bank said Monday. Overall macroeconomic outlook remains positive, having sustained agricultural growth, continued strong performance of the tourism sector, a ...

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Moody’s Investors Service affirmed Wednesday Cambodia’s government issuer rating at B2 with a stable outlook, stating that recent labour unrest could result in only slightly slower economic growth this year. “Cambodia’s underlying credit strengths are expected to withstand the impact of recent political tensions and labor ...

On 12 August 2020, the Garment Manufacturers Association in Cambodia (GMAC) issued guidance for its members and buyers following the partial withdrawal of EBA for exports to the European Union that will take effect from 12 August 2020. GMAC has prepared this guidance for the ...

Villagers in the Oral district of Kampong Speu province are digging in to protect what they claim as their community forest land, despite increasing pressure from the military to leave the site.203;203; ...

Forest cover is the area of land covered by tree canopy. Measuring and reporting this can show the different types of forest that exist and the areas of each, and how these areas change over time. ...

Raw gravel, photo by touch and see, taken on March 26, 2014. Licensed under: CC BY-SA 2.0Since 2010, Cambodia has seen increasing production of cement, crushed stone, sand and gravel in response to the country’s booming construction sector. Approved investment in the construction industry in ...

Renewable sources of energy include biofuels, solar, wind, tidal and geothermal energy. Fossil fuels such as petroleum or coal are not renewable. ...

A Special Economic Zone (SEZ) is a defined area within a country that is subject to different laws and regulations than other areas of the country. These comprehensive industrial areas provide preferential incentives to investors and offer government import-export administrative support to facilitate trade. Though ...

China’s Sinohydro Group Ltd earned US$2.12 billion in an initial public offering on the Shanghai Stock Exchange, the company announced yesterday. The move came just two months before Sinohydro launches the Kamchay Hydroelectric Dam in Cambodia’s Kampot province. The company expects the IPO to help fund ...

Moody’s Investors Service announced yesterday  it had downgraded the credit rating of ACLEDA Bank, citing the departure of two of  the bank’s major investors in as many years. The loss of a second big sharehol-der in the first half of this year had led to ...

The government has collected 6,557 billion riel, or about $1.6 billion, in revenues in the first seven months of 2011, a figure that is twice that of the $801 million in revenues that were collected during the same period last year, data released by the ...

On 06 November 2018, Ministry of Environment issued a press release announcing to the public that Stung Sen, which is the tallest and pristine seasonally flooded freshwater swamp forest of the Tonle Sap Great Lake, has been designated as a Wetland of International Importance (also known ...

The Ministry of Environment and Khmer Mekong Films production are working together to produce an educational television program called “Make it Beautiful” to promote public understanding on environment protection, natural resources management, biodiversity conservation, and living sustainability. This program will be showed on every Sunday ...

Special economic zones (SEZs), billed as a one-stop shop for potential investors, have had a slow start in the Kingdom – only 13 out of 30 registered zones are operational – with many failing to get off the ground given the difficulty in providing the ...

Despite industry concerns that a minimum wage increase to $128 earlier this year would hurt Cambodia’s garment exports, the garment and footwear sector – a mainstay of the economy – showed robust growth for the first half of 2015, netting around $3 billion, according to ...

Cambodia’s former opposition leader Sam Rainsy said on Sunday he was open to talks with Prime Minister Hun Sen, who has held power since 1985, to end a crisis caused by the dissolution of the main opposition party ahead of elections in July. The Cambodia National ...

On 19 October 2016, Phnom Penh City Hall has released an announcement to the public to ensure the security of travelling due to the flooding from Kampong Speu province, while the water level in Prek Thnout stream is reaching over the warning level, causing flood ...

On August 3, 2017, the Ministry of Mines and Energy issued a notice to local and foreign mining companies about the expansion of two mining concessions:1. The area of Svay Chreah commune and Khsuem commune, Snoul district, Kratie province, which covers 30,60 square kilometers2. The ...

Civil society members and Ministry of Mines and Energy officials came together recently to discuss discrepancies in the export figures of sand from Cambodia to Singapore, after 47 NGOs wrote an open letter early this month to the ministry seeking an explanation. The letter from civil ...