As chAir of the AssociAtion of SoutheAst AsiAn NAtions for 2022, CAmbodiA Announced on April 18 thAt ASEAN And the United StAtes will hold A speciAl summit in WAshington on MAy 12-13 to commemorAte 45 yeArs of ASEAN-US relAtions. The second speciAl summit since 2016 <A href='https://opendevelopmentcAmbodiA.net/news/us-cAnt-force-AseAn-to-help-contAin-chinA/ ' clAss='cAmbodiA-color'>...A>

The farmers of Knong Riel run when they see white faces. a white face, for many farmers, means staff from Wildlife alliance, one of Cambodia’s leading conservation NGOs, have entered the northern edge of the Cardamom National Park where dozens of families grow cassava, corn <a href='https://opendevelopmentcambodia.net/news/burning-homes-in-the-name-of-conservation-ngo-wildlife-alliance-cracks-down-on-the-poor/ ' class='cambodia-color'>...a>

The Ministry of Interior has granted the Candlelight Party’s (CP) request for a meeting with its representative to discuss their party’s registration. <a href='https://opendevelopmentcambodia.net/news/ministry-agrees-to-meet-candlelight-party/ ' class='cambodia-color'>...a>

Prime Minister Hun Manet met bilaterally with the leaders of several aSEaN member states on the sidelines of the bloc’s 43rd summit in Indonesia, with the intention of strengthening relations and cooperation. On September 4, ahead of the start of the September 5-7 summit, Manet <a href='https://opendevelopmentcambodia.net/news/manet-holds-bilateral-talks-with-asean-counterparts/ ' class='cambodia-color'>...a>

Kampong Speu provincial governor Vei Samnang has returned from his fact-finding trip in China as part of his plans to attract foreign investment.​ While in Henan, China’s third-most populous province, Samnang took to social media to announce that the Henan Federation of Overseas Chinese Entrepreneurs &ndash; <a href='https://opendevelopmentcambodia.net/news/chinese-investors-eye-range-of-opportunities-across-kampong-speu/ ' class='cambodia-color'>...a>

Cambodia’s inflation has risen to 7.85 percent in June 2022 compared on a year-on-year basis to 7.17 percent the previous month, which was the highest in the last decade, while the value of Riel has fallen 0.07 percent to 4,091 riel per US dollar and <a href='https://opendevelopmentcambodia.net/news/inflation-nears-8-percent-riel-depreciates-trade-deficit-narrows-in-june/ ' class='cambodia-color'>...a>

The General Department of Taxation (GDT) reports that it has collected 214.68 billion riel ($53.01 million) in taxes from e-commerce to date since May 2022 &ndash; with an above-average 36.62 billion riel or $9.04 million last month alone &ndash; in a feat seen as an <a href='https://opendevelopmentcambodia.net/news/over-53m-in-e-commerce-taxes-since-may-gdt-says/ ' class='cambodia-color'>...a>

Prime Minister Hun Sen urged the public to pay more attention to enhancing green development in order to attract tourists for the benefit of the national economy, according to a letter from Honorary Chairman of the National Committee for Clean City assessment Prime Minister Hun <a href='https://opendevelopmentcambodia.net/news/pm-calls-for-green-development-as-major-driver-of-tourism-economy/ ' class='cambodia-color'>...a>

Representatives of the private sector and economists have encouraged regional developers to establish a private sector development council to invest in regional special economic zones (SEZs), as they called for renewed focus on the development of exiting SEZs. <a href='https://opendevelopmentcambodia.net/news/chamber-of-commerce-calls-for-additional-sez-incentives/ ' class='cambodia-color'>...a>

The Royal Government of Cambodia has collected 22,302 billion riels or $5.44 billion as the total national revenue in the first 11 months of 2022, while the total national expenditures reached 22,275 billion riels or $5.43 billion, resulting in 27 billion riels or $6.6 million <a href='https://opendevelopmentcambodia.net/news/cambodia-reports-6-6m-budget-surplus-in-11-months/ ' class='cambodia-color'>...a>

Cambodia’s journey towards becoming a member of the Chinese central bank’s Cross-Border Interbank Payment System (CIPS) will require more time due to the “stringent conditions” put forth by the central bank, according to National Bank of Cambodia (NBC) deputy governor Chea Serey. <a href='https://opendevelopmentcambodia.net/news/nbc-navigating-chinas-cross-border-interbank-payment-system-serey/ ' class='cambodia-color'>...a>

National Bank of Cambodia deputy governor Chea Serey clarified on July 16 that a recent memorandum of understanding with China’s UnionPay was not an agreement to legalise the Chinese yuan in the Kingdom or the Cambodian riel in China. Rather, it permits mobile payments using <a href='https://opendevelopmentcambodia.net/news/serey-central-banks-mou-with-unionpay-not-yuan-agreement/ ' class='cambodia-color'>...a>

The allocation of funds through the Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) is expected to be a vital and timely force in supporting and reviving businesses in Siem Reap province. The move comes in response to the continued arrival of foreign <a href='https://opendevelopmentcambodia.net/news/sme-bank-to-allocate-50-million-in-funds-for-siem-reap-tourism-boost/ ' class='cambodia-color'>...a>

Cambodia’s international trade recorded a growth of 19.2 percent in the first two months of this year compared to the same period last year and reached $8.12 billion. While exports surged 22.7 percent to reach $3.98 billion, imports grew by 16.1 percent to reach $4.13 <a href='https://opendevelopmentcambodia.net/news/cambodias-exports-surge-22-7-in-first-two-months/ ' class='cambodia-color'>...a>

Some 1.8 billion Khmer riel and US dollar digital transactions valued at $492 billion were recorded in 2023, which rose over 600 million from 1.1 billion transactions in 2022, the National Bank of Cambodia (NBC) said on March 29. This significant increase, an economist opined, <a href='https://opendevelopmentcambodia.net/news/cambodia-charts-1-8b-digital-payments-valued-at-492b-in-2023/ ' class='cambodia-color'>...a>

In the age of digitalisation, banks play a crucial role in safeguarding the money and information of both people and businesses. However, as Cambodia embraces this digital revolution, the Kingdom also makes itself vulnerable to the constant danger of cyberattacks and breaches, putting financial data <a href='https://opendevelopmentcambodia.net/news/banks-need-robust-cybersecurity-for-data-privacy/ ' class='cambodia-color'>...a>

The Ministry of Industry, Science, Technology and Innovation (MISTI) and the Ministry of Post and Telecommunications (MPTC) Monday signed a Memorandum of Understanding (MoU) on digital security in Phnom Penh. <a href='https://opendevelopmentcambodia.net/news/misti-mptc-seal-deal-on-digital-security/ ' class='cambodia-color'>...a>

Prime Minister Hun Sen’s Cambodian People’s Party (CPP) claimed victory in Sunday’s national election, but saw its majority severely diminished, ceding 22 National assembly seats to the opposition Cambodia National Rescue Party (CNRP), the party’s first major setback since the U.N.-backed election in 1993. according to <a href='https://opendevelopmentcambodia.net/news/cpp-wins-but-suffers-loss-in-parliamentary-majority/ ' class='cambodia-color'>...a>

The Justice Ministry will amend the Criminal Code, particularly the “aggravating” circumstances of a criminal offense relating to murder, following public outcry over the charges brought against tycoon Srey Sina who carried out a brutal shooting. <a href='https://opendevelopmentcambodia.net/news/justice-ministry-to-amend-criminal-code-after-strong-criticism-on-tycoons-murder-charge/ ' class='cambodia-color'>...a>

The US Export-Import Bank (EXIM) and the Cambodia Chamber of Commerce signed an agreement on Monday that will guarantee loans offered for the purchase of US goods and services. The memorandum of understanding was signed as part of the US-asean Trade and Investment Framework arrangement, <a href='https://opendevelopmentcambodia.net/news/agreement-inked-on-trade-loans-in-cambodia/ ' class='cambodia-color'>...a>