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. ...

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. ...

Agriculture Ministry official, Masphal Kry, who was arrested in the United States for smuggling endangered monkeys, has been released on bail, the Cambodia’s Ministry of Agriculture, Forestry and Fisheries said. ...

Cambodia’s famed Angkor Archaeological Park attracted 287,454 foreign tourists in 2022, earning $11.5 million from ticket sales, the state-owned Angkor Enterprise said in a statement on Wednesday. ...

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. ...

Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ...

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. ...

A high-level delegation from the Ministry of Commerce (MoC) met officials from member states of the Association of Southeast Asian Nations (ASEAN) and Canada in Bandung, Indonesia, to form a new free trade agreement, said a release. ...

Hun Manet will become Cambodia’s new prime minister and key senior government ministers will step down from their positions after the national assembly convenes in August, Hun Sen stated on Wednesday. ...

The state-owned port Sihanoukville Autonomous Port (PAS) witnessed remarkable growth in container throughput in 2023, according to the annual report of the Ministry of Public Works and Transport on Friday. ...

The Indonesian Government is planning to import 22,500 tonnes of rice from Cambodia to complement domestic stocks in meeting the needs ahead of Eid al-Fitr, the National Food Agency (Bapanas) stated. ...

PHNOM PENH (The Cambodia Herald) — Chinese Tourism companies have warned their citizens visiting Siem Reap province not to buy gifts or souvenirs from vendors for fear of expensive counterfeit products.  A tourist guide in Ankor Wat, Siem Reap said that this happens a lot because ...

Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising prices ...

Villagers from Kratie province, who blocked National Road 76a last week after four of their own were shot by guards working for agro-development firm TTY, appear to be on their way to receiving farmland they lost to the company in an economic land concession. A statement ...

Several securities firms are opening accounts, even as the first listing on the Cambodia Securities Exchange are not expected until later this year, company officials said yesterday. The CSX was launched on July 11 without any listed firms, though state-owned Telecom Cambodia, Phnom Penh Water Supply ...

Cambodia’s TTY Corporation Co Ltd signed a $20 million deal yesterday with the state-owned China Grain Reserves Corp to process and export rice to China. The deal between TTY Corp and China Grain Reserves Corp’s Guangzhou branch, called Sinograin, was sealed with an agreement to ...

Plans for a 5,000-hectare banana farming project in Koh Kong province, proposed last year by an Australian and a Japanese company, look set to go ahead, with state news agency Agence Kampuchea Presse (AKP) yesterday reporting that the project would cost $50 million. Last Friday, the ...

Cambodia signed a Memorandum of Understanding on Friday with Brazil, the largest Latin American economy, to boost cooperation in areas that include agriculture, technology and diplomatic ties, officials said. The MoU was signed at the Ministry of Foreign Affairs by secretary of state Ouch Borith and ...

ASEAN finance officials and the heads of regional central banks yesterday homed in on the possibility of economic crisis as well as potential means of averting contagion in fledgling Southeast Asian economies. The officials have also agreed “in principle” to doubling a regional currency fund to ...

Chinese President Hu Jintao left Phnom Penh, capital of Cambodia, for home Monday, after a state visit to the southeast Asian nation. During the visit, Hu met Cambodian King Norodom Sihamoni, Senate President Chea Sim, National Assembly President Heng Samrin and Prime Minister Hun Sen. Hu and ...