The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...

A rice mill has signed a Memorandum of Understanding (MoU) with a Mongolian business council that aims to see Cambodia export rice to the landlocked country in the near future. ...

Cambodia’s urban population will rise to 7.92 million by 2030, accounting for 44 percent of the total population from 6.13 million or 39.5 percent in 2019, said Pen Sophal, secretary of state at the Ministry of Land Management, Urban Planning, and Construction, recently. ...

Representatives of indigenous communities in Mondulkiri province request the Ministry of Environment and relevant institutions to investigate and prevent illegal forest land expansion at “Phnom Prech Wildlife Sanctuary” from an unidentified group and punish them according to the law. ...

The government has approved Maritime City Co Ltd’s proposal to build and operate a $164.4 million development in Preah Sihanouk province comprising a 582-room five-star hotel, a commercial centre and entertainment facilities. ...

Leang Rithea, director of the Ministry of Health’s National Dengue Control Programme (NDCP), said that from January 1 to February 7, more than 400 cases of dengue fever were recorded in Cambodia. ...

The Developing Countries Trading Scheme (DCTS) of the United Kingdom (UK) will come into effect in April and Cambodia is among the 65 beneficiaries of it. The scheme will replace the Generalised System of Preferences (GSP). ...

The state-owned Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank) has disbursed more than $200 million in loans to at least 2,500 SMEs to help them expand businesses. ...

Cambodia has emerged as the second-largest partner of the South Korean government’s Economic Development Cooperation Fund (EDCF) initiatives over the years, it was revealed at an evaluation workshop of the programme recently in Phnom Penh. ...

Cambodia Chamber of Commerce (CCC) and Credit Guarantee Corporation of Cambodia (CGCC) has signed an agreement to increase access to guaranteed loans for the growth of micro-, small-, and medium-enterprises (MSMEs) in Cambodia. ...

A delegation from Laos visited Cambodia and exchanged experiences on mine action and relevant work experiences on management, information gathering, planning and prioritising mine action in the Kingdom. ...

With the country having controlled the spread of Covid-19, Cambodians and foreigners were able to celebrate the New Year and more than two million tourists were recorded in two days. ...

A “well-known” but unnamed international brand has chosen Cambodia as the location to set up a new export-oriented jewellery factory, revealing plans to start investment operations in early 2024, the Council for the Development of Cambodia (CDC) reported. ...

The National Assembly on Wednesday passed a new law on taxation that has been in draft for years, as part of efforts to bolster the government’s tax collection process. ...

French Development Agency (AFD) recently affirmed its commitment to support Cambodia’s digitalisation efforts in tune with the government’s Digital Economy and Society Policy Framework 2021-2035. ...

National Bank of Cambodia (NBC) is preparing to sign agreements with the State Bank of Vietnam and the Bank of the Lao People’s Democratic Republic to promote the use Cambodia’s local currency, riel, in their economic activities. ...

The Ministry of Environment condemned the environmental group Mother Nature Cambodia after its youth activists delivered a petition Monday to halt state land grants to private companies in Kirirom national park, according to a statement. ...

Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5 per cent in 2023, led by manufacturing exports, according to a World Bank report. ...

In a voice message released late last night, Prime Minister Hun Sen has called on the Ministry of Interior and the Ministry of Justice to immediately amend the election law on those who have the right to stand for election. ...

Cambodia has unveiled plans to expand the automotive and electronics sectors in the next three years by pumping more than $2 billion into the industries, generating about 26,000 new jobs. ...