The National Bank of Cambodia’s (NBC) recent two-pronged prakas on capital buffers and the capital adequacy ratio (CAR) of banking and other deposit-taking institutions, which aims to provide a clearer classification system for assets, is poised to strengthen the industry and enhance risk resilience, local ...

The National Bank of Cambodia (NBC) has announced the enforcement of regulations on capital buffer and on credit risk for capital adequacy ratios (CAR) for banks and deposit-taking microfinance institutions (MFIs). These measures aim to bolster the management of diverse risks, it said. ...

The Ministry of Labor and Vocational Training, Chamber of Commerce, and employers’ association signed a Memorandum of Understanding (MoU) to promote internship opportunities for vocational and technical training. ...

Cambodia exported $837 million worth of raw cashew nuts in 2023, a year-on-year decrease of 16.9 percent, according to the Cashew Nut Association of Cambodia’s report on Monday. ...

The General Department of Taxation (GDT) has asked garment, footwear, and travel goods (GFT) manufacturers and exporters to comply with the new tax law and also support promoting a good tax culture in Cambodia. ...

The Cambodia Chamber of Commerce (CCC) has requested that the Hungarian government examine the possibility of establishing a commercial office in the Kingdom to expand Cambodia-Hungary trade and investment cooperation. ...

On 5 July 2024, the Electricity Authority of Cambodia issued a press release on the self-declaration of installation and use of solar power systems​ on thier official social media site.According to the press,​ the Electricity Authority of Cambodia has appealed to all consumers who have ...

The Minister of Public Works and Transport has urged the Royal Railway of Cambodia (RRC) to modernize its operations by investing in advanced safety equipment and contributing to a more sustainable and efficient transportation system, meeting the growing demands of local passengers. ...

Three Japanese Maritime Self-Defense Force ships dropped anchor in Cambodian waters yesterday, mooring at a Sihanoukville provincial port for a three-day visit meant to strengthen the relationship and boost bilateral ties between Cambodia and Japan, according to General Chhum Socheat, spokesman for the National Defense ...

Private firms say costs, delays and bureaucratic red tape have increased since an obscure private company took over the government’s work-permit application and issuance system in September. The Ministry of Labour announced in August that it had outsourced work permit application processing to E-Solutions (Cambodia) Co ...

The government is now drafting a policy on pepper with the intention of scaling up a competitive advantage, attract investors and boost added-value to Cambodian pepper production, according to a senior official at the Ministry of Commerce. ...

Last year saw 7,860 new businesses register with the Ministry of Commerce, down 40.72 percent from 13,259 in 2019. At the same time, the ministry dissolved 500 businesses last year, marking a 187 percent increase from 174 in 2019. ...

This commitment was made during a working discussion between  Neth Pheaktra, Minister of Information and  Devyani Khobragade, Ambassador of India to Cambodia on the afternoon of September 6, 2023 at the Ministry of Information. ...

Dr. Chea Serey, Governor of the National Bank of Cambodia, received a courtesy call from Santo Darmosumarto, Ambassador Extraordinary and Plenipotentiary of the Republic of Indonesia to Cambodia, on June 26, 2024, at the National Bank of Cambodia. ...

Prime Minister Hun Sen on Friday announced the government’s new strategy for budget reform aimed at enhancing the sound management of public funds. Dubbed ‘Budget system reform programme for 2018-2025’, the new blueprint for the country’s budgetary policy was presented to the public during the ...

Both deposits and loans in Cambodia’s banking sector increased about 30 per cent last year, a rise that industry insiders say is a productivity boost for the Kingdom’s economy. By the end of December, deposits at all Cambodian banks reached $10 billion, a 32 per cent ...

Besieged by color revolutionaries, agitators and criminal politicians, the Interior Ministry kept the country safe from encroaching instability—at least, that was the ministry’s boast on Wednesday at its annual meeting. ...

The Environment and Education ministries have unveiled the official textbook on climate change for upper secondary schools. Under-secretary of state of the Environment Ministry Khut Chandara said at the official launch of the book on Monday that education played an important role in social, economic ...

Four parents in Kampong Cham province have filed complaints with provincial police alleging that their daughters are being sexually abused by their husbands in China, officers said yesterday. Thol Meng, deputy bureau chief of the provincial anti-human trafficking department, said a total of 10 concerned mothers ...

Shares of the state-owned Phnom Penh Water Supply Authority (PPWSA) will trade at 6,300 riel, or $1.57, when the firm launches its initial public offering (IPO) on the Cambodian bourse on April 18, PPWSA announced yesterday. The price puts the company at the top of the ...