The International Finance Corporation (IFC) signed a Memorandum of Understanding with the National Bank of Cambodia (NBC) yesterday in a move that officials are predicting will usher in a new era of responsible corporate governing practices, transparency, financial risk management and public confidence in the ...

The U.S. accused the Cambodian government of scaling back the space for free speech and the World Bank of failing to learn from its mistakes in justifying its decision to abstain from a recent Bank vote that approved a sheaf of new loans to Cambodia. ...

New data released by Cambodia’s independent credit reporting agency indicate a significant slowdown in the rate of lending during the second quarter of the year, a sign that banking industry experts claim is due to a tightening of lending criteria and less demand from the ...

Two days after Prime Minister Hun Sen told the U.N.’s new special rapporteur on human rights in Cambodia to focus her efforts on tackling racial discrimination, deputy opposition leader Kem Sokha on Thursday used a Cham Muslim religious ceremony to argue that there is no ...

Prime Minister Hun Sen at the “Global Leader’ Meeting on Gender Equality and Women’s Empowerment held at New York, said that Cambodia has actively joined UN member states to implement policies, strategies and action plans aimed to promote gender equality and women’s empowerment.   ...

Entertainment Gaming Asia, a Nasdaq-listed company that supplies electronic gaming machines, posted a an 88 percent year-on-year rise in its third-quarter profit, citing higher sales in Cambodia as a major driver of its growth, according its filing to the Nasdaq on Monday in New York.  ...

Expired glue used in the production of Cambodia’s new generation of national identification cards is causing the top layer of some to peel off, though it’s unclear exactly how many of the 6.4 million issued since 2012 are affected, according to a Ministry of Interior ...

A new study has predicted that even if Cambodia manages to eradicate so-called “human” strains of malaria by 2025 – a key government goal – it will continue be at “high risk” of infections from a strain of the parasite more typically found in wild ...

Due to the lack of qualified personnel to evaluate new patents and enforce the existing law, the Industry Ministry is cooperating with the European Patent Office to enhance their capacity so that Cambodia can better ensure protection of patents to draw more investment, Industry Minister ...

A new plan to protect the environment started taking shape yesterday when the Environment Ministry held a workshop to discuss ideas on how to convert numerous laws into a single code to govern the county’s natural resources. It is expected the process will take two years ...

Local industry experts responded yesterday to a new report that warns the majority of Cambodia’s garment sector workers could lose their jobs in the coming two decades as automation and innovative technologies replace low-skilled labour and allow multinational producers to move their operations closer to ...

Efforts by the Asian Development Bank (ADB) to restore the living standards of families evicted by its railway rehabilitation project continue to fall far short of expectations, and urgent action is needed if the bank is to comply with its own safeguard policies, according to ...

The Ministry of Commerce set up a new taskforce on Friday to address challenges faced by the Kingdom’s struggling rice industry and assess demands made by members of the Cambodia Rice Federation (CRF), who have decried the ineffectiveness of an earlier taskforce set up by ...

Foreign tourist arrivals in Siem Reap fell 11.2 per cent during the first nine months of the year compared to the same period one year earlier, as the Kingdom’s top tourist gateway sees its most significant slowdown in visitor arrivals in decades, new government data ...

Union leaders raised their concerns with a draft law aiming to regulate their activities—including a provision that they must report their finances every year—during their first meeting with CPP lawmakers on a new bipartisan committee formed to review the controversial bill before it goes to ...

The draft law to join the China-led Asian Infrastructure Investment Bank passed the National Assembly yesterday with lawmakers from both the ruling and opposition party supporting it, saying it will  open the door to a new source of funding for the development of the Kingdom’s ...

A U.S. congressman on Wednesday called on the CPP to abandon an imminent vote on legislation that would give the Cambodian government sweeping new powers to abolish its political rivals, the same day the U.S. ambassador met with CNRP acting President Kem Sokha to discuss ...

The Ministry of Commerce is urging local and foreign businesses to register their trademarks in Cambodia via a new online system.Commerce Minister Pan Sorasak said the system will serve both the public and private sector and make it easier for organisations to protect their intellectual ...

Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United States, which could hamper the growth of commodity-driven economies, according to a new report released ...

AEON Mall, the first large-scale modern shopping mall in Cambodia, recently celebrated its third year of operation in the Kingdom, but with several new high-end malls slated to open over the next few years, analysts expect more competition and sweeping changes in the country’s retail ...