Two of Cambodia’s largest financial service providers have reported declines in transactions stemming from key Thai border provinces as thousands of undocumented migrant workers continue to exit the neighbouring country. Third-party payments and remittance service Wing has seen a 3 per cent decline in the amount ...

Thailand will lose its beneficial tax treatment on exports to the European Union next year, and Cambodia’s manufacturing sector could be set to capitalise. Following three consecutive years of upper-middle income status as defined by the World Bank, Thailand will on January 1 lose its Generalised ...

Television and radio stations will be barred from broadcasting advertisements for alcohol during the primetime 6 p.m. to 8 p.m. slot beginning next month, as part of the government’s effort to reduce the number of fatalities resulting from drunk driving, officials at the Ministry of ...

Officials have released a public statement warning against a rise in unlicensed lenders they say are dangerously operating outside of Cambodian regulations and threatening financial stability. In a joint declaration from the Ministry of Economy and Finance and the National Bank of Cambodia on Monday, authorities ...

Phnom Penh is one of the fastest-growing cities in Southeast Asia. It added nearly 500,000 people between 2000 and 2010, for a total of 1.4 million. That has meant a lot of changes in a short period: more congestion, more markets, more housing. And, newcomers ...

Land Management Minister Im Chhun Lim intervened in a high-profile land dispute between villagers from Kratie province’s Snuol district and a South Korean agribusiness firm over the weekend, announcing Saturday that the contested 1,562-hectare tract would be taken back from the company and awarded to ...

An increasing number of Cambodians are dissatisfied with the direction the country is moving toward, according to results from a nationwide survey by the Asia Foundation. The foundation interviewed 1,000 people face to face in May and June of this year—prior to a political deal struck ...

Renaissance Minerals (ASX: RNS) will increase its cash position to further develop its Cambodian Gold Projects, after receiving firm commitments for the placement of 44 million shares at $0.05 to raise $2.2 million. Renaissance will now be funded to advance its wholly-owned Cambodian Gold Project, where ...

Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy ...

The International  Monetary Fund (IMF)said that the outlook for some Asia Pacific countries were much brighter, including Cambodia which is forecasted to have a nominal combined GDP projected growth of  1.0 percent this year before surging 8.5 percent next year. ...

On April 25, 2020, the Chinese Air Force transport plane, loaded with anti-pandemic materials, landed at Phnom Penh Airport again, bringing deep affection and good wishes from the 1.4 billion Chinese people and 2 million Chinese People’s Liberation Army officers and soldiers. ...

Following a troubled rollout of the January 1 Traffic Law, the government announced yesterday in a press conference that an inter-ministerial team has been established to determine what amendments will be made in reaction to widespread criticism from the public and civil society. ...

According to the news released from Singapore, Cambodia’s economic growth this year has been forecasted to drop from previous prediction (April) of 2.7 percent this year, and 6.8 percent next year to -1.8 percent this year and 6.5 next year. ...

Ibis Rice Conservation Co Ltd (IBIS Rice) has signed a financing agreement with South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) to support 1,500 smallholder farmers to grow organic wildlife-friendly jasmine rice, which will help protect endangered species while also earning a premium price for ...

The Anti-Corruption Unit (ACU) said it had received nearly 20,000 declarations of assets and liabilities from officials across all ministries and provincial administrations in a period of just 10 days, from January 1 to 10. ...

The construction of the $300 million third ring road was 50 percent complete as of early May and is scheduled to be finished next year, according to the Ministry of Public Works and Transport’s spokesman Heang Sotheayuth. The 52 kilometre road stretches from National Road ...

The Ministry of Public Works and Transport has marked the completion of renovations and expansion of a stretch of National Road 5, a part of Asian Highway 1, linking Battambang town to the Banteay Meanchey provincial capital of Sisophon. ...

The Kep Provincial Administration is set to break ground on the long-awaited $1.95 million Ses Sar quay, or “White Horse Port”, on September 15 in the northwestern reaches of the coastal province, in a bid to prop up the local transportation and tourism sectors. ...

About 1,000 Bunong ethnic minority families in Mondulkiri province are crying for justice after their shelters were demolished by environment officials, alleging they were living on state land, even though the families say they have been living there for generations. ...

In the middle of a growing crisis with Cambodian and Thai nationals illegally crossing the border every day, Cambodian Lieutenant General Seng Thearin, deputy commander and chief of staff of Region 5, attended a Zoom meeting with his Thai counterpart Major General Karipob Chaiyapunth, chief ...