Over the past eight years, the Mekong-Lancang Cooperation (MLC) mechanism has not only established itself as an effective model for win-win cooperation but has also made consistent progress, enhancing collaboration among Mekong countries in various fields, according to Cambodia’s foreign ministry. ...

A recent announcement from the Ministry of Economy and Finance outlines a preferential tax that benefits businesses in the agriculture sector until 2025, including suspension of minimum tax payments, an exemption from income tax and the obligation to deduct tax on payments for the provision ...

The Apsara National Authority (ANA) said yesterday that they did not restrict or prohibit residents from constructing or repairing structures in the Angkor Archaeological Park, but required people to submit a request to the authority for evaluation and approval. ...

Minister of Information Neth Pheaktra has reiterated the importance of traditional media, noting that it has an important role to play in a digital context, where true and false information are often mixed together. ...

The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include the third phase of Embedding Financial Literacy into the school curriculum to raise awareness and improve student capability in financial management as the economy evolves. ...

The ASEAN-International Wholesale Market, locally known as the New Deum Kor Market, was officially inaugurated last week in a ceremony including Khuong Sreng, Governor of Phnom Penh, Wang Wentian, Chinese Ambassador to Cambodia, and other representatives and stakeholders of the project. ...

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. ...

The Ministry of Women’s Affairs and the National Bank of Cambodia have received the Global Summit of Women 2024 Roundtable Ministerial Award on “projects that have a positive impact on women and girls” through the use of the payment system “Bakong” from the World Women’s ...

Chum Sounry, Secretary of State of the Ministry of Foreign Affairs and International Cooperation, and Eduardo Paes Saboia, Secretary of Asia and the Pacific of the Ministry of Foreign Affairs of Brazil, discussed the ongoing cooperation between Cambodia and Brazil during a meeting held in ...

Under newly implemented regulations, the Royal Government of Cambodia (RGC) has offered various tax incentives for micro, small and medium-sized enterprises (MSMEs) currently operating in the informal economy to properly register their businesses with the Ministry of Commerce (MoC) and the General Department of Taxation ...

Oxfam has released a research report urging an overhaul of standards for garment subcontractors, to ensure decent employment and social safeguards for women workers. The organisation’s research finds that women in these subcontracted companies have not yet received appropriate protections. ...

World Bank has approved $275 million for Cambodia’s growth. This is the second tranche to boost the country’s economy after the Covid-19 pandemic. The first tranche was in 2022, when the World Bank approved $274 million for Cambodia’s Growth and Resilience Development Policy Financing. ...

Almost 100 kilogrammes of narcotics and other illegal substances were burned by the National Anti-Drug Authority (NACD) and various provincial authorities last week, in a series of ceremonies held to mark the June 26 International Day Against Drug Abuse and Illicit Trafficking. ...

Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation (MFAIC) and leaders of the ASEAN community discussed ways to strengthen cooperation in the fields of green transition, blue economy, climate change, energy and food security, digital transformation and supply chain ...

Prime Minister Hun Manet directed Minister of Water Resources and Meteorology Thor Chetha to prioritise the recruitment of local residents for construction work on the Kampong Kor and Stung Slap dams in Kampong Thom province. ...

Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) Monday called on relevant ministries to examine the possibility of optimising the Investment Project Application (IPA) by reconciling data with the CDC’s new system to improve convenience in ...

China has reiterated its strong commitment to supporting Cambodia in pursuing a development path tailored to its national conditions, with the goal of becoming an upper middle-income economy by 2030 and a high-income country by 2050. ...

The Fisheries Administration (FiA) and the United Nations Industrial Development Organization (UNIDO) called on all stakeholders in the fishery value chains to collaborate with the Fisheries Competent Authority (FCA) to implement necessary food safety requirements and follow the required processes, from application submission to obtaining ...

Prime Minister Hun Sen on Thursday warned that he will give the CNRP parliamentary seats away if they refuse to take their seats at the National Assembly, German Ambassador Wolfgang Moser said. Ambassador Moser said Mr. Hun Sen asked him to pass that message along to ...

With a major opposition rally planned for this afternoon in Phnom Penh, City Hall and Ministry of Interior officials were at odds with CNRP leaders on Sunday over how many people would be allowed to attend the event. Though the Interior Ministry has said only 6,000 ...