Cambodia is ripe for money-laundering and terrorist financing activities due to rampant corruption, banking-sector secrecy and an overall lack of financial transparency, a governance institute says in a report released this week. The Switzerland-based Basel institute on Governance has ranked Cambodia the third “highest-risk” country out of 144 ...

The Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation Strategy 2019-2023. ...

As Cambodia’s demand for energy continues to increase year after year, experts are calling for the development and implementation of clear policy that encourages both the public and industry to play their part in practicing energy efficiency and conservation. ...

From November this year, the cassava harvest season starts in some provinces while the price of cassava reportedly saw an increase compared to that of last year, as this year’s yield is projected to be lower due to flash floods. ...

Prime Minister Hun Sen yesterday said that although the COVID-19 pandemic has caused a severe impact on many Cambodians’ livelihoods and the economy, the government will not slow down its reform and development in any sector. ...

Amidst doom and gloom in most countries with death tolls and number of COVID-19 positive cases increasing daily, Cambodia continued its positive, no new cases trend for the 16th consecutive day. ...

Acleda Bank Plc, Cambodia’s largest locally-owned commercial bank, has signed a $130 million long-term facility agreement with Chinese state-owned China Development Bank Corp (CDB), the world’s largest development bank by assets, it said in a press release on Friday. ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has continued to promote the local development of cashew nuts, saying the crop has the potential to help the country achieve its aim for 12 percent growth in agricultural exports by 2025. ...

Conditions regarding the reopening of flights between Japan and Cambodia were discussed during a meeting between Prak Sokhonn, Minister of Foriegn Affairs Cambodia and Motegi Toshimitsu, Minister of Foreign Affairs of Japan on Saturday afternoon at the Ministry of Foreign Affairs  in Capital.​ ...

Cambodian Ministry of Education, Youth and Sports (MoEYS) has established a Research Creativity and Innovation Fund (RCI Fund) to contribute to promoting the culture of research, creativity and innovation for the benefit of the education, youth and sports in response to the labour market and ...

Cambodia will soon welcome another 140km of northern railway to connect to the Thai border to better facilitate the transportation of goods between the two countries. Cambodia and Thailand officially launched rail reconnection link in late 2018. ...

The wholesale price of fresh red corn in northwestern Battambang province dipped more than seven per cent from the year-ago period as this year’s first harvest reached 30 per cent completion, provincial Department of Commerce director Kim Hout said. ...

All sports and outdoor exercises were yesterday formally allowed to resume four months after such recreational activities were banned in a bid to curb the spread of COVID-19. The move, said the Ministry of Education, aims to promote a healthy lifestyle among the public amid ...

Prime Minister Hun Sen has reiterated his appeal to all financial institutions not to take tough actions against debtors as they (debtors) faced difficulties in repaying loans amid the COVID-19 pandemicwhich is wrecking havoc on the economy. ...

The exact date for the signing of the China-Cambodia Free Trade Agreement (FTA) continues to remain unclear as senior officials speculate to Khmer Times that the agreement could be inked in Beijing later this month. ...

The National Council on Minimum Wage will decide on a wage increase for workers in the garment, footwear, textile and travel product sectors at a meeting on Thursday after a figure could not be reached at a tripartite meeting on Wednesday. ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has been working with the private sector and development partners to integrate the use of agricultural machinery into middle-class farming communities to respond to the current and future decline in the agricultural workforce. ...

The Ministry of Interior announced it has put in place an information programme for managing one window service requests starting this month. The programme will make it easier for citizens to monitor service requests at each stage on their phones. ...

While the government prepares to purchase Covid-19 vaccines, it has appealed to the public to understand that vaccinations will not be a panacea solution and to remember to remain vigilant in efforts to prevent spread of infection. ...

In just over two weeks, the year 2020, which has been severely hit by the pandemic will come to an end, and with that, hope that the year 2021 will bring scope for economic improvement, especially from the likely availability of anti-COVID vaccines. ...