Cambodia’s budgetary process lacks transparency and sufficient regulation, according to a publication this month from the anti-corruption watchdog Transparency International (TI) Cambodia. href='https://opendevelopmentcambodia.net/news/transparency-international-cambodias-budget-process-lacks-transparency-and-regulation/ ' class='cambodia-color'>...

Starting in April, exporters of mineral products will be required to deposit a portion of export royalties, with withdrawal permitted upon fulfilment of all contractual obligations. The Ministry of Economy and Finance, in conjunction with the Ministry of Mines and Energy, issued an inter-ministerial prakas on href='https://opendevelopmentcambodia.net/news/new-ruling-in-place-for-exports-of-all-minerals/ ' class='cambodia-color'>...

Cambodia-Korea Alumni Association (CAMKAA) in cooperation with The Korea International Cooperation Agency (KOICA) Cambodia Office launched the 3rd Seminar on the “Exchange Experiences of the Cambodia Korea Alumni Association” on August 26th to observe the mutual cooperation between Cambodia-South Korea. Mr. Seng Setha, President of CAMKAA, href='https://opendevelopmentcambodia.net/news/cambodia-south-korea-ties/ ' class='cambodia-color'>...

PHNOM PENH–Cambodian analysts believe that the visit of Thai Prime Minister Yingluck Shinawatra to Cambodia on Thursday this week could restore mutual trust and trade and investment relations between the two countries. “From my point of view, the meeting of the two PMs will probably focus href='https://opendevelopmentcambodia.net/news/3465/ ' class='cambodia-color'>...

Minister of Commerce Pan Sorasak on Thursday expressed his optimism that garment, textile, footwear and travel goods exports will continue to enjoy strong growth over the next few years. He cited better working conditions and labour compliance as the main drivers of the Kingdom’s industrial href='https://opendevelopmentcambodia.net/news/garment-travel-goods-exports-will-stay-strong-says-minister/ ' class='cambodia-color'>...

The Ministry of Environment has told sub-national authorities to urge the public to be mindful when using fire to prevent incidents of wildfires. Wildfires caused by carelessness is punishable with five to 10 years in prison and a fine of 17-150 million riel ($4,250-$37,500). The href='https://opendevelopmentcambodia.net/news/ministry-urges-fire-safety-measures/ ' class='cambodia-color'>...

Members of relevant ministries and institutions gathered on Friday and Saturday to discuss the importance of the Mekong to Cambodia from a policy standpoint and how the government can best work together to ensure the conservation of the river. The two-day meeting, held under the href='https://opendevelopmentcambodia.net/news/ministries-institutions-discuss-measures-for-mekong-conservation/ ' class='cambodia-color'>...

In light of ongoing disputes over working conditions in the garment sector, the Cambodian Centre for Human Rights (CCHR) released yesterday details on hundreds of factories it believes will offer greater transparency along the garment supply chain – from producers to buyers – and shine href='https://opendevelopmentcambodia.net/news/map-connects-factories-and-buyers/ ' class='cambodia-color'>...

Outstanding loans and deposits made at Cambodian banks grew by 32 per cent and 28 per cent respectively at the end of March this year from a year earlier, according to data from the National Bank of Cambodia (NBC). The data from the NBC that the href='https://opendevelopmentcambodia.net/news/loans-and-deposits-up-30/ ' class='cambodia-color'>...

The boom in high-rise buildings in Phnom Penh indicates the robust economic growth of the Kingdom, but this trend does not include the lower-end accommodation where most economic migrants to Phnom Penh rent.“Cheap rental accommodation plays a crucial role in providing appropriate settlements to those href='https://opendevelopmentcambodia.net/news/demand-for-cheap-rentals-outnumbers-supply/ ' class='cambodia-color'>...

More than $600 million flooded out of Cambodia’s entire banking system during the third quarter of this year, as fears of post-election chaos set off panic and mass withdrawals, new figures from the National Bank of Cambodia (NBC) reveal. The figures, obtained yesterday, were the first href='https://opendevelopmentcambodia.net/news/withdrawals-top-hundreds-of-millions/ ' class='cambodia-color'>...

Standard & Poor’s affirmed Thursday its ‘B’ long and short-term sovereign credit ratings for Cambodia, adding that the outlook for the long-term rating remained stable. At the same time, the US rating agency affirmed its ‘axBB-‘ long-term and ‘axB’ short-term ASEAN regional-scale ratings on the country. href='https://opendevelopmentcambodia.net/news/standard-poors-says-outlook-stable-as-cambodia-ratings-affirmed/ ' class='cambodia-color'>...

The National Assembly’s 12-member permanent committee will take its first look at the country’s $3.54 billion draft budget for 2014 on Monday, though officials are still refusing to offer a breakdown of how the money will be spent. The draft, which allocates more than $400 million href='https://opendevelopmentcambodia.net/news/2014-draft-budget-reaches-assembly-still-under-wraps/ ' class='cambodia-color'>...

Phnom Penh, Cambodia’s capital and largest city, has seen rapid development in the last decade — numerous high-rises, large shopping malls and business centres as well as public parks are beautifying this city — in the meantime, slum-dwellers are also on the rise. According to the href='https://opendevelopmentcambodia.net/news/feature-slum-dwellers-in-cambodian-capital-want-to-benefit-from-development/ ' class='cambodia-color'>...

Labor activists at the bi-annual Buyers Forum in Phnom Penh on Thursday said that short-term contracts in Cambodia’s garment industry were fueling the high number of strikes affecting the industry. “Most of [the disputes] are over dismissals or dismissals of union leaders and the reason why href='https://opendevelopmentcambodia.net/news/activists-blame-short-contracts-for-strikes/ ' class='cambodia-color'>...

Women’s Affairs Minister Ing Kantha Phavi on Tuesday defended the government’s policies on promoting gender equality and preventing discrimination against women, but conceded that challenges remain in achieving principles set out in the U.N.’s convention to stop discrimination against women. Speaking in Geneva to the U.N. href='https://opendevelopmentcambodia.net/news/minister-says-challenges-remain-in-achieving-gender-equality/ ' class='cambodia-color'>...

Phnom Penh Governor Pa Socheatvong said Tuesday he would shut down the shisha bars—where customers smoke flavored tobacco through large Middle-Eastern style water pipes—that have recently sprung up around the city. While the governor noted there was nothing illegal about the pipes or tobacco, he told href='https://opendevelopmentcambodia.net/news/phnom-penh-governor-on-crusade-to-shut-down-shisha-cafes/ ' class='cambodia-color'>...

The UN envoy concluded his six-day visit to Cambodia producing a concrete report, which reflects both the positive and negative aspects of human rights situation in the Kingdom. As for the post-election political impasse, Prof. Surya P. Subedi, the United Nations Special Rapporteur on the href='https://opendevelopmentcambodia.net/news/cambodias-human-rights-in-focus-full-text-of-un-envoy/ ' class='cambodia-color'>...

Seven pre-Angkorian temples have been discovered on two land concessions in Preah Vihear province, but while an Environment Ministry official said Tuesday that the ministry had no knowledge of the temples when they granted the concessions, the Culture Ministry said their existence had long been href='https://opendevelopmentcambodia.net/news/more-pre-angkorian-temples-found-within-land-concessions/ ' class='cambodia-color'>...

Cambodia attracted more than $3.5 billion in foreign direct investment (FDI) last year, an increase of nearly 12 per cent over 2018, thanks in part to Chinese investors who accounted for half of the investments, a National Bank of Cambodia (NBC) report released last week href='https://opendevelopmentcambodia.net/news/fdi-to-cambodia-rockets-12-to-3-5-billion-in-2019/ ' class='cambodia-color'>...