For 70-year-old Chan Shay, the choice between working through old age and a retirement in poverty is an obvious one. Shay, a cyclo taxi driver in Phnom Penh, said that while he dreams of retiring to his home in Takeo province, in reality he can see ...

Cambodia increased the number of business enterprises it had to 513,759 companies at the end of March last year, up from the 463,363 enterprises accounted for in 2011, according to the final results of the 2014 Cambodia Inter-Censal Economic Survey. ...

Cambodia’s local authorities will receive a pay bump of up to 60 per cent starting this month, the government revealed yesterday. A commune chief will now get 400,000 riel (about $100) per month, up from 300,000 riel ($75); first and second deputy commune chiefs will get ...

Two government ministers will meet with a National Assembly commission on Monday to discuss a tourism management plan for Bo­kor Mountain, according to CNRP lawmaker Yem Ponhea­rith, who last month visited the mountain to inspect burial sites popular with Vietnamese tourists. ...

Cambodia’s draft law of anti-money laundering bill has been approved today at the Council of Ministers meeting chaired by Prime Minister Hun Sen. ...

The Ministry of Planning has identified 20,000 more poor families in the country, bringing the total to over 580,000, while over 420,000 of them have received the government’s cash assistance. In the meantime, many social security cards from families not deemed to be poor have ...

On 16 July 2020, the World Bank’s Board of Executive Directors today approved a $100 million credit from the International Development Association (IDA) for the Cambodia Road Connectivity Improvement Project. The project will enhance rural communities’ access to critical services, such as health centers, referral ...

The government is speeding up its draft digital policy to adapt the economy to e-government. Minister of Post and Telecommunications Chea Vandeth was joined by the Ministry of Economy and Finance (MEF) Secretary of State Vongsey Vissoth to discuss the government’s digital policy concept note. ...

The Industry Science Technology and Innovation, Tourism and the Post and Telecommunications ministries will join the newly launched Cambodia Data Exchange (CamDX) platform to exchange data with other ministries as well as with the private sector. ...

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...

Last year, the United Nations called for culture to be given top priority in the post-2015 global development agenda, citing its importance to economic growth, social inclusion, equality, and sustainable development. It is difficult to quantify the impact culture has on a nation, particularly for a developing ...

The Thai embassy has released figures that show that exports to Cambodia have decreased slightly from $1.095 billion to $1.091 billion. Total trade between the nations has increased by 3.5 percent for during the first of the year when compared to last year. Cambodia has ...

Garment-making has been a mainstay of Cambodia’s fledgling economy, chalking up between 6 and 7 percent annually for the past four years. But, the country is turning its focus back to the land in the hope that rice growing and other farming produce, will lift growth ...

The Ministry of Economy and Finance has called on all unregistered pawnshops to apply for an operating license by March 31 or face legal action, according to a government announcement on Friday. The move follows the 2010 law that first legalised pawnshops in the Kingdom, an ...

Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ...

More than 2 million of the Kingdom’s nearly 18 million hectares of land – roughly 12 per cent – was given out to 225 private companies in economic concessions last year, according to an annual report released by rights group Adhoc yesterday. The concessions put 606 ...

It’s a scene repeated endlessly at most of Southeast Asia’s main airports – planes forced to circle overhead or idle on the tarmac and travellers stuck in serpentine queues at immigration desks, security checkpoints and baggage carousels. And it’s likely to get worse in capitals like ...

Rice production grew by 6.42 percent last year, despite vast tracts of paddy being devastated by flooding, according to figures released yesterday by the Ministry of Agriculture. In the 2011 to 2012 season, 8.78 million tons of rice were harvested from 2.78 million hectares of ...

Cambodian students from grade 1 to 12 will begin studying basic financial skills starting in the 2019 academic year as the National Bank of Cambodia (NBC) is now finalising the curriculum. NBC director-general Chea Serey said Thursday that the new curriculum would help boost the ...