More than 400,000 Cambodian students are benefiting from expanding educational opportunities availed through the World Bank-funded Secondary Education Improvement Project (SEIP) that focuses on the construction of new school buildings, modern facilities and training teachers for capacity building. ...

The National Bank of Cambodia (NBC) announced on September 19 that it will continue holding two auctions of US dollars (each worth 10 million USD) on September 20 and 22, to ensure exchange rate stability, maintain the purchasing power of the Cambodian riel, and support ...

The Securities and Exchange Regulator of Cambodia (SERC) is set to authorise the establishment of joint venture funds in the first quarter of this year ending March 31, as the underlying regulatory framework nears completion, paving the way for licensed companies to raise money for ...

The Cambodian government has issued new guidelines on anti-money laundering (AML). ...

The Ministry of Economy and Finance (MEF) in collaboration with Climate Investment Funds (CIF) and the Asian Development Bank (ADB) is co-hosting a four-day international forum aimed at exchanging experiences to address climate change, sustainable forestry and nature-based solutions in the Asia-Pacific region. ...

Cambodian Prime Minister Hun Sen said Wednesday that he could not appoint his children in the cabinet posts even though they were qualified. “I have five children and five children-in-law. All of them have possessed degrees ranging from bachelor’s degrees to doctorate’s degrees, but I cannot ...

Prime Minister Hun Sen left Monday to attend the 23rd ASEAN summit as well as other related meetings in Brunei, said Srey Thamrong, a minister attached to Hun Sen. The summits held from October 9-10 will include the 23rd ASEAN Summit, 16th ASEAN-Japan Summit, 16th ...

The private sector is concerned that the newly proposed universal minimum wage law, which is reportedly being drafted by the government and comes on the heels of numerous new labour regulations, has created a climate of uncertainty, according to an industry expert. ...

The Education Ministry on Monday defended a pro-CPP speech delivered to some 1,500 students at a university in Phnom Penh on Sunday, reasoning that the school did not breach the ministry’s new directive against political activity at academic institutions because classes had finished for the ...

The Asian Development Bank (ADB) has said that the rehabilitation of Cambodia’s railways will not be at the expense of those who live along the lines and has pledged to address the issue. Resettlement has been a problem for the rehabilitation but a new plan ...

Eight families whose homes were demolished at Boeng Kak lake last week have called on the Ministry of Interior to take action against the private construction firm – Shukaku Inc, owned by ruling party senator Lao Meng Khin – and district officials who ordered the ...

A group of international NGOs urged the Asian Development Bank (ADB) yesterday to press the government on abandoning its plans for a law regulating the country’s non-governmental groups despite a recent pledge to drop its most controversial provision. “The ADB should convince the Cambodian authorities to ...

The Asian Development Bank (ADB) has not made public the last two quarterly reports on the impact of resettling families who are being evicted for a $142 million railway rehabilitation project. The reports, which are required under an ADM loan agreement with the government, haven’t been ...

The latest report from the Asian Development Bank (ADB) describes Cambodia’s economic situation in 2016 as “broadly as expected,” as it predicts a slight increase in economic growth of 0.1 percent, to 7.1 percent. Released yesterday, the update to its annual “Asian Development Outlook” for 2016 ...

Cambodia lost 10 percent of its gross domestic product (GDP) last year to the negative effect of climate change, according to the Asian Development Bank (ADB). In announcing a $96 million package to help the Kingdom cope with the loss of livelihoods and income due to ...

Cambodia’s Minister of Economy and Finance last week made a request to a visiting senior official from the Asian Infrastructure Investment Bank (AIIB) to speed up loan approvals for least development countries (LDCs) in order to spur infrastructure development. Aun Pormoniroth made the request to AIIB ...

Passengers using the Phnom Penh city bus service will now have a choice of buying electronic tickets through Wing (Cambodia) Limited Specialized Bank – the kingdom’s leading mobile Banking services provider. ...

The Export-Import Bank of China (Exim Bank) planned to invest US$235 million in two Cambodian mega projects, one of which was the modernisation of a TV station that one analyst said might not be necessary given the country’s level of development. During a meeting with Prime Minister ...

For six hours yesterday at the Khmer Rouge tribunal, Sar Kimlomouth, who served as deputy director general of the state bank, consistently downplayed both his level of authority within the department and his ability to recall information from so long ago. Throughout the day’s proceedings, lawyers ...

Cambodia is working on three fronts to improve its energy security and supply, including the development of its first oil-producing asset, looking for ways to resolve a disagreement over disputed territory in the Gulf of Thailand, and studying the economic viability of building its own ...