Cambodia’s central bank yesterday again raised the issue of the country’s highly dollarised economy, suggesting that government policies and action plans will be enforced over the long term to promote the use of the riel, giving the National Bank of Cambodia (NBC) more monetary control.Speaking ...

As a result of the meeting dated on 27 January 2015, the Ministry of Economy and Finance and the National Bank of Cambodia condemn some humanitarian non-governmental organizations and associations that are lending money to people without licenses and registration at the bank, and ordered ...

Thai soldiers admitted to burning alive two men last week who may have been undocumented Cambodians, Battambang military officials said yesterday. Cambodian officers said their Thai counterparts informed them that on the night of January 7, four Cambodians illegally crossed the border with intentions of evading ...

Despite recent high-profile cases of monastic child sex abuse, the organisers of a national conference for monks have left the issue off of the agenda, a move met with criticism yesterday by child protection advocates.At a press conference to launch the 24th congress of Buddhist ...

Eighteen Montagnard asylum seekers crossed into Ratanakkiri province from Vietnam on Wednesday morning, according to a rights group and a local villager, the fourth such group to arrive in the country this month. Chhay Thy, the provincial coordinator for rights group Adhoc, said the 18 were ...

The Court of Appeal has reduced to six months The original three-and-a-half-year prison term handed to The son of a wealthy businessman for pistol-whipping a man and damaging restaurant property. Duong Udomchorvin, 24, was sentenced in May, along with his 17-year-old broTher, Duong Kimlong, who was ...

After almost a month, the Ministry of Mines and Energy has officially announced the four companies that have been granted sand dredging licenses this past Tuesday. When the ministry notified the companies who won the bidding for one of four available licenses, it also gave them ...

The new data, released by The University of Maryland, tracks forest cover loss globally using satellite imagery. Results showed that not only was 2016 worse than 2015, but of The 16 years for which deforestation was recorded, last year was The fourth worst – with ...

The Ministry of Information condemned recent insult, threat and violence against journalists, saying that those activities seriously violated The freedom of press in Cambodia. The appeal was made after many journalists were recently threatened and seriously injured in an attack by security forces, while They were ...

The National Bank of Cambodia (NBC) marked The 36th anniversary of its reintroduction of The national currency on Sunday, using The event to continue its calls to boost use of The riel in a highly dollarized economy. ...

Cambodia has seen a trade deficit of 1.41 billion U.S. dollars in the first six months of this year, the latest report of the Ministry of Commerce showed Monday. Total trade volume reached 8.95 billion dollars during the January-June period this year, an increase of 17 ...

The total number of Cambodian children immunized in The nationwide campaign with measles and rubella vaccines has already reached one million, The Ministry of Health announced Tuesday. Health Minister Mam Bunheng launched The campaign against These two children’s diseases on Oct. 21, aiming to vaccinate all ...

A day after the US Federal Reserve increased interest rates, which can potentially impact incoming investments and make debt more costly, experts say the Kingdom’s strong underlying growth will help maintain investments flows and leave the country largely unaffected.the Fed’s 25 basis point rate hike ...

The National Assembly has produced its first code of ethics to ensure that all lawmakers work independently and humbly and uphold The country’s interest. Leng Peng Long, spokesman for The National Assembly, said yesterday said that The code of ethics approved earlier this month requires ...

Growth in tourist arrivals slowed down last year to the lowest rate since the global financial crisis, according to preliminary figures provided by the Ministry of Tourism on Monday. the number of visitors arriving by all modes of transport reached 4.5 million last year, up just ...

The Tax Department has threatened to publicly name companies that have not paid Their outstanding dues by The end of The month. In an announcement posted on its website and in local media on Tuesday, The General Department of Taxation called on all company directors with ...

The Council of Ministers released a summary report yesterday on key multi-sector achievements during The last five years from 2017 to 2021, which includes economic diversification of The country to showcase The Cambodian government’s continuous efforts to overcome obstacles and challenges, in particular, The Covid-19 ...

The National Broadcasting and Telecommunications Commission (NBTC) has signed a memorandum of understanding with The Telecommunication Regulator of Cambodia. The deal involves information exchange and collaboration in many aspects. The move also aims to furTher strengThen ties between The telecom regulators. ...

A bill to regulate the management of Cambodia’s casino industry could be approved by the country’s National Assembly (pictured) in the first quarter of 2016, reported the Khmer Times newspaper, quoting an official from the Ministry of Economy and Finance. ...

The National Bank of Cambodia (NBC) issued a prakas, or directive, last week instructing commercial banks and microfinance institutions to make out more riel loans to Their customers, in a bid to promote The use of The national currency. The prakas, which took effect on Thursday, ...