On 30 September 2020, the Ministry of Economy and Finance issued a press release announcing the sixth round of the Royal Government of Cambodia’s measures to restore and stimulate economic growth during COVID-19. the measures will further ensure that poor and vulnerable families will continue ...

Twenty – eight leaders from various business sectors in Southeast Asia came together last month to create a strategy to propel the Kingdom’s sustainable development with actionable and measurable targets.​ ...

On 11 July 2023, the National Bank of Cambodia issued a joint media release on National Bank of Cambodia and Monetary Authority of Singapore sets up Financial Transparency Corridor to support SMEs.the FTC is an information sharing platform which will facilitate the exchange of financial ...

Workers aligned with the Collective Union of Movement of Workers locked three officials from the Free Trade Union inside the Ocean Garment factory in Phnom Penh for eight hours Tuesday after the two unions argued over who would represent workers in a wage dispute. Ocean’s approximately ...

Like mob deals and black market trades, the Cambodian school budget is dealt in suitcases of cash. Four times a year, the school operating budget is dispersed in stacks of cash transferred from the central bank to the Ministry of Education, eventually ending up with the ...

On 13 July 2020, the Ministry of Planning issued an announcement with regard to the enhancement of the provision of the cash relief programme for poor and vulnerable families during the fight against COVID-19 pandemic. After the programme has been implemented for 2 weeks, there ...

Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...

On 15 November 2021, the Ministry of Tourism issued an announcement on the permission for fully vaccinated tourists and travellers entering to the Kingdom of Cambodia without quarantine. the Royal Government of Cambodia has permitted international tourists and foreign travelers entering Cambodia without quarantine but ...

Cambodians abroad will soon be able to renew their passports in the country they are in. the government will offer this service starting with South Korea as it is home to some 50,000 Cambodian migrant workers.​ ...

The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding The real economy and supporting recovery. ...

The Ministry of Economy and Finance (MEF) plans to establish financial controlling groups at each ministry whose function would be to review and approve both The expense budget proposals and procurements of respective ministries and institutions in consultation with The Financial Management Information System (FMIS), ...

The Royal Government of Cambodia has deposited Their instrument of ratification to The Association of SouTheast Asian Nations (Asean) Framework Agreement on visa exemption for Asean nationals last week with Surin Pitsuwan, secretary-general of Asean, in accordance with The Article 8 of The agreement The agreement ...

More than two weeks after a ban on sending maids to Malaysia began, work on a bilateral agreement that would protect Cambodian maids working in Malaysia has not begun, officials said yesterday. Ho Vuthy, deputy director general at the Ministry of Labor’s department of labor, said ...

The ACLEDA Institute of Business (AIB) has teamed up with The IELTS Cambodia official Test Centre at IDP Education to administer The English proficiency exam at The Institute, as part of its ambition to gain widespread international recognition. ...

The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said The ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since The program started over ...

Just weeks since the United States announced it would grant new trade privileges that allow Cambodian-manufactured travel goods such as luggage and backpacks to enter the US market duty-free under its Generalised System of Preferences (GSP) scheme, a visiting American trade official hinted yesterday that ...

Independent labour unions will take part in the Ministry of Labour’s Labour Advisory Committee (LAC) meeting today, possibly making their decision on next year’s minimum wage in Cambodia’s garment sector. NIFTUC and the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) considered boycotting the LAC ...

Minister of National Defence Tea Banh said on Thursday that having sanctions and external pressure placed on Cambodia was not worse than life under the brutal Khmer Rouge regime. Tea Banh, who is also deputy prime minister, was speaking to military and ruling party officials ...

Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...

The National Bank of Cambodia held a seminar on The state of The economy in The first half of The fiscal year on Saturday, forecasting 7.1 per cent GDP growth for The rest of The year. ...