National Bank of Cambodia (NBC) is preparing to sign agreements with the State Bank of Vietnam and the Bank of the Lao People’s Democratic Republic to promote the use Cambodia’s local currency, riel, in their economic activities. ...

Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ...

The Ministry of Environment condemned the environmental group Mother Nature Cambodia after its youth activists delivered a petition Monday to halt state land grants to private companies in Kirirom national park, according to a statement. ...

A high-level delegation from the Ministry of Commerce (MoC) met officials from member states of the Association of Southeast Asian Nations (ASEAN) and Canada in Bandung, Indonesia, to form a new free trade agreement, said a release. ...

Hun Manet will become Cambodia’s new prime minister and key senior government ministers will step down from their positions after the national assembly convenes in August, Hun Sen stated on Wednesday. ...

The state-owned port Sihanoukville Autonomous Port (PAS) witnessed remarkable growth in container throughput in 2023, according to the annual report of the Ministry of Public Works and Transport on Friday. ...

The Indonesian Government is planning to import 22,500 tonnes of rice from Cambodia to complement domestic stocks in meeting the needs ahead of Eid al-Fitr, the National Food Agency (Bapanas) stated. ...

Cambodian Prime Minister Hun Manet has stated that the Royal Government of the 7th legislature prioritizes human capital development, aiming to transform Cambodia into a high-income country by 2050. ...

A total of 13 out of 14 families locked in a land dispute with the Union Development Group in Koh Kong province on Tuesday accepted a compensation offer over crops destroyed by the company in January. Negotiations are also under way with the one family ...

Workers from the beleaguered Ocean Garment Factory on Monday came to an agreement with management over furlough pay, following more than a month of protests. “All the workers at Ocean Garment Factory have accepted the offer from the factory and the strikes are finished now,” said ...

On 29 March 2022, the Ministry of Foreign Affairs and International Cooperation issued a press release on the outcomes of the meeting between H.E. LUY David, Secretary of State of the Ministry of Foreign Affairs and International Cooperation, and Professor Vitit Muntarbhorn, Special Rapporteur on ...

On 14 May 2022, the Ministry of Foreign Affairs and International Cooperation issued a press release on the outcomes of Samdech Techo Hun Sen’s working visit to the United States to participate in the ASEAN-U.S. Special Summit, on 12-13 May 2022, in Washington D.C.The summit ...

Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising prices ...

Villagers from Kratie province, who blocked National Road 76a last week after four of their own were shot by guards working for agro-development firm TTY, appear to be on their way to receiving farmland they lost to the company in an economic land concession. A statement ...

Cambodia’s TTY Corporation Co Ltd signed a $20 million deal yesterday with the state-owned China Grain Reserves Corp to process and export rice to China. The deal between TTY Corp and China Grain Reserves Corp’s Guangzhou branch, called Sinograin, was sealed with an agreement to ...

Plans for a 5,000-hectare banana farming project in Koh Kong province, proposed last year by an Australian and a Japanese company, look set to go ahead, with state news agency Agence Kampuchea Presse (AKP) yesterday reporting that the project would cost $50 million. Last Friday, the ...

Cambodia signed a Memorandum of Understanding on Friday with Brazil, the largest Latin American economy, to boost cooperation in areas that include agriculture, technology and diplomatic ties, officials said. The MoU was signed at the Ministry of Foreign Affairs by secretary of state Ouch Borith and ...

ASEAN finance officials and the heads of regional central banks yesterday homed in on the possibility of economic crisis as well as potential means of averting contagion in fledgling Southeast Asian economies. The officials have also agreed “in principle” to doubling a regional currency fund to ...

Chinese President Hu Jintao left Phnom Penh, capital of Cambodia, for home Monday, after a state visit to the southeast Asian nation. During the visit, Hu met Cambodian King Norodom Sihamoni, Senate President Chea Sim, National Assembly President Heng Samrin and Prime Minister Hun Sen. Hu and ...

The Ministry of Land Management, Urban Planning and Construction has set up a working group in Preah Sihanouk province to resolve land disputes in the Poy Machov and Prek Teuk Sap Kbal Chhay areas. Minister of Land Management Chea Sophara said in a letter dated ...