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 <a href='https://opendevelopmentcambodia.net/news/withdrawals-top-hundreds-of-millions/ ' class='cambodia-color'>...a>

Standard &amp; 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. <a href='https://opendevelopmentcambodia.net/news/standard-poors-says-outlook-stable-as-cambodia-ratings-affirmed/ ' class='cambodia-color'>...a>

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 <a href='https://opendevelopmentcambodia.net/news/2014-draft-budget-reaches-assembly-still-under-wraps/ ' class='cambodia-color'>...a>

A World BAnk report highlighting the rAte of CAmbodiAn children exposed to second-hAnd cigArette smoke hAs bolstered cAlls to increAse tobAcco tAxes threefold. The World BAnk report, which wAs releAsed on November 20 And titled Risking Your HeAlth, clAims neArly 50 per cent of All CAmbodiAns under <A href='https://opendevelopmentcAmbodiA.net/news/higher-tAx-heAlthier-kids-study/ ' clAss='cAmbodiA-color'>...A>

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

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 <a href='https://opendevelopmentcambodia.net/news/activists-blame-short-contracts-for-strikes/ ' class='cambodia-color'>...a>

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. <A href='https://opendevelopmentcAmbodiA.net/news/minister-sAys-chAllenges-remAin-in-Achieving-gender-equAlity/ ' clAss='cAmbodiA-color'>...A>

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

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 <a href='https://opendevelopmentcambodia.net/news/cambodias-human-rights-in-focus-full-text-of-un-envoy/ ' class='cambodia-color'>...a>

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 <A href='https://opendevelopmentcAmbodiA.net/news/more-pre-AngkoriAn-temples-found-within-lAnd-concessions/ ' clAss='cAmbodiA-color'>...A>

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 <a href='https://opendevelopmentcambodia.net/news/fdi-to-cambodia-rockets-12-to-3-5-billion-in-2019/ ' class='cambodia-color'>...a>

The Kingdom has welcomed 13 newborn Irrawaddy dolphins in Kratie and Stung Treng provinces so far this year, according to the World Wildlife Fund. WWF yesterday said in a report its research team spotted the latest calf during an expedition to the Kampi dolphin pool <a href='https://opendevelopmentcambodia.net/news/kingdom-welcomes-13-newborn-irrawaddy-dolphins-in-2019/ ' class='cambodia-color'>...a>

Despite internal and external challenges, the Cambodian economy reached even greater heights last year, with the government reporting economic growth of 7.1 per cent &ndash; the highest in the asean region. However, China-US trade tensions and protectionist policies remain obstacles, with the government forecasting 6.5 <a href='https://opendevelopmentcambodia.net/news/executive-outlook-for-2020/ ' class='cambodia-color'>...a>

The Banteay Meanchey provincial administration appealed to residents not to be cheated into grabbing land in the Tapen 2 Forest Restoration and Broadcast Station at Svay Chek district’s Slakram commune. Governor Um Reatrey told The Post on Tuesday that a provincial administration investigation found that <a href='https://opendevelopmentcambodia.net/news/do-not-get-cheated-into-grabbing-land-says-b-meanchey-governor/ ' class='cambodia-color'>...a>

Police from Kampong Speu and Pursat provinces and officials from environmental non-profit Wildlife alliance cracked down on illegal logging and wildlife poaching activities in the Phnom Oral Wildlife Sanctuary and the National Park in the Cardamom Mountains. a report from Wildlife alliance posted on social <a href='https://opendevelopmentcambodia.net/news/large-scale-logging-halted-in-kampong-speu-pursat-provinces/ ' class='cambodia-color'>...a>

On 25 February 2020, more than 100 groups and communities released a joint statement saying that they were outraged and appalled at the restrictions placed on hundreds of community members, monks and environmental activists who were prevented by authorities from entering parts of Prey Lang <a href='https://opendevelopmentcambodia.net/announcements/licadhos-joint-statement-authorities-obstruction-of-grassroots-activism-hurts-prey-lang-conservation/ ' class='cambodia-color'>...a>

On 12 February 2020, the Ministry of Foreign affairs and International Cooperation of Cambodia issues a statement to respond to the decision of the European Commission on tariffs preferences under the EBa regime.The statement said, the Royal Government of Cambodia (RGC) regrets the unjust decision <a href='https://opendevelopmentcambodia.net/announcements/statement-of-the-ministry-of-foreign-affairs-and-international-cooperation-on-the-decision-of-the-european-commission-on-tariffs-preferences-under-the-eba-regime/ ' class='cambodia-color'>...a>

On 13 March 2020, the ministry of Foreign affair and Cooperation has posted a statement in response to the comment made by U.S ambassador to Cambodia, H.E Mr. W. Patrick Murphy with regard to the on going trail of Kem Sokha. according to the statement, <a href='https://opendevelopmentcambodia.net/announcements/statement-of-the-spokesperson-of-the-ministry-of-foreign-affairs-and-international-cooperation-over-the-comments-made-by-h-e-mr-w-patrick-murphy-u-s-ambassador-with-regards-to-the-on-going-trial-of/ ' class='cambodia-color'>...a>

On 19 March 2020, the Ministry of Foreign affairs has issued a letter to the embassy of the Socialist Republic of Vietnam in Cambodia about the request to the Vietnam authorities inform Vietnam nationals not to travel to Cambodia by land, water and air. Entry <a href='https://opendevelopmentcambodia.net/announcements/the-letter-from-ministry-of-foreign-affairs-to-the-embassy-of-the-socialist-republic-of-vietnam-in-phnom-penh/ ' class='cambodia-color'>...a>

For the fourth year in a row, Transparency International (TI) has rated Cambodia the country perceived as aSEaN’s most corrupt, and just ahead of North Korea and afghanistan for the entire asia-Pacific region.The 2016 Corruption Perceptions Index, which scores and ranks 176 countries and territories <a href='https://opendevelopmentcambodia.net/news/kingdom-slips-in-tis-graft-index/ ' class='cambodia-color'>...a>