The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...

With an average of 1,100 additions every day, a new user joins Facebook in Cambodia every two minutes, according to estimates from social media marketing and advertising agency Social Media Plus. Founder of Social Media Plus Anthony Galliano said more and more companies operating in Cambodia ...

Goal 16’s full title is “Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.” It has a monitoring framework of 12 targets (2 around means of implementation) and 23 indicators.  Transition ...

Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...

Prime Minister Hun Sen once again spoke on weighty matters of war and peace, reiterating that development and democracy would not be possible without peace. ...

Cambodia’s Ministry of Justice and the United Nations Office for Project Services (UNOPS) have agreed to cooperate on three priority programmes  to improve the justice system in Cambodia. ...

Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...

Echoing remarks made by Cambodian Prime Minister Hun Sen earlier last week, economic experts agreed that the country’s gross domestic product (GDP) per capita would reach US$ 1,000 ( Bt30,377) this year, up from the estimated $900 at the end of 2011. Managing director of Acleda ...

On 24 August 2018, the Ministry of Foreign Affairs and International Cooperation issued a press release on the official visit of H.E. Ms. Sushma Swaraj, Minister of External Affairs of the Republic of India to the Kingdom of Cambodia from 28 to 30 August 2018. ...

The Heavy-Vehicle Driver Training Centre, under the General Department of Land Transport, was launched at a ceremony on Wednesday. It will provide training to heavy-vehicle drivers, on St 598, Chraing Chamreh II commune, Russei Keo district, in the capital. ...

Som Kimsour, the chairwoman of Cambodia’s National Audit Authority, was appointed to chair the ASEAN Supreme Audit Institutions (ASEANSAI), a collaborative body of public sector auditors, during a summit on Thursday in Phnom Penh, according to state media outlet AKP. ...

Approximately 3 million students in 12,000 state schools across the country are at risk of drop-out or under-performance as a result of inadequate basic infrastructure, according to research by a coalition of civil society groups.The warnings came following a forum convened in the capital on ...

A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...

The Japan International Cooperation Agency has signed an agreement with the Institute of Technology of Cambodia to strengthen engineering education and research for industrial development. ...

Cambodia reiterated the important role Australia plays in the development of its agriculture sector and urged leaders of the Commonwealth nation to support the modernisation of the industry through investments in modern factories and machinery. ...

Global credit rating agency Moody’s Investors Services has maintained Cambodia’s B2/stable sovereign rating, stating in its latest credit opinion on the Cambodian government that the rating was underpinned by the Kingdom’s credit strengths, specifically its healthy growth prospects and a stable external payments position. ...

Cambodia’s consumer price index rose by 1.3 percent in July compared to a year earlier on the back of higher food and fuel prices, according to data from the National Institute of Statistics. The increase was also due to non-alcohol beverages, clothing and footwear, housing, water, ...

Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to ...

Cambodia saw a 1.7 per cent rise in inflation in February compared with the same month the previous year. Prices of food and fuel rose, according to official data from the National Institute of Statistics (NIS). “The increase for all index group of a 1.7 per ...

PHNOM PENH, Sept. 27 (Xinhua) — The World Health Organization ( WHO) said Friday that rabies was still a public health hazard in Cambodia and called for broad vaccinations for dogs to prevent the disease. “Rabies is highly endemic and a noticeable disease in Cambodia, ” ...