NEC confirms CPP’s 120 parliament seats as FUNCINPEC clinches 5
The National Election Committee (NEC) on August 1 released its official preliminary results of the July 23 general election, confirming that the ruling Cambodian People’s Party (CPP) garnered 6,398,311 of the total 8,214,430 votes cast and secured 120 out of the National Assembly’s 125 seats. ...
Post Staff
https://www.phnompenhpost.com/national-politics/nec-confirms-cpps-120-parliament-seats-funcinpec-clinches-5
CCF on mission to tackle counterfeits
Each year, more than 1,000 tonnes of counterfeit products are discovered and seized by officials of the General Department of Consumer Protection, Competition and Fraud Repression (CCF). The counterfeit products are usually consumer goods, including food and beverage products that can affect the health of ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national-post-depth/ccf-mission-tackle-counterfeits
$300M maiden sovereign-bond issue set to begin on Sept 7: NBC
The National Bank of Cambodia (NBC) announced that it will float the 100 billion riel ($25 million) first tranche of its 1.2195 trillion riel maiden sovereign-bond issue on September 7, which financial experts point out will allow the government to diversify funding sources for national ...
May Kunmakara
https://www.phnompenhpost.com/business/300m-maiden-sover-eign-bond-issue-set-begin-sept-7-nbc
Interior ministry issues reminder to renew expired ID cards
Around 1.7 million national identification cards had expired by July this year, prompting the Ministry of Interior to call for those holding expired ID cards to renew them within the next 90 days to ensure their validity, especially for use in the next year’s general ...
Post Staff
https://www.phnompenhpost.com/national/interior-ministry-issues-reminder-renew-expired-id-cards
Increasing domestic agriculture key to preventing food inflation
Despite food prices in Cambodia slightly decreasing in September compared to the previous month, some food products will remain expensive in the long-run, which impacts Cambodian food supplies and livelihoods. To save Cambodia from food inflation, the Kingdom needs to boost more local agricultural productions, ...
Meas Molika
https://kiripost.com/stories/cambodia-food-inflation
Ministry of Education: Cambodia to assess student learning to strengthen post-COVID recovery efforts
On 1 September 2022, the Ministry of Education, Youth and Sport issued a joint press release on participation in the Programme for International Student Assessment (PISA), a significant step toward understanding student learning outcomes and strengthening post-COVID recovery efforts. This is the first time Cambodia ...
Ministry of Education, Youth and Sport
Yellow-cheeked crested gibbons see tourist upswing
Endangered species conservation scientists from the NGO Conservation International (CI) have announced the resumption of their mission in the Veun Sai-Siem Pang National Park in Ratanakkiri and Stung Treng provinces after having made a series of discoveries since 2007 of nearly 400 groups of yellow-cheeked ...
Long Kimmarita
https://www.phnompenhpost.com/national/yellow-cheeked-crested-gibbons-see-tourist-upswing
Nearly 2 million vehicles travel on Chinese-invested expressway in Cambodia in 5 months
Almost 1.9 million vehicles had travelled on the Phnom Penh-Sihanoukville Expressway in the first five months since its opening to the public last October, the Ministry of Public Works and Transport said in a news release on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501247347/nearly-2-million-vehicles-travel-on-chinese-invested-expressway-in-cambodia-in-5-months/
Spending on capital’s new airport nears $700M: SSCA
Nearly $700 million has been spent on the new $1.5 billion Techo International Airport (TIA), the main construction work on which has reached 46 per cent as of March 31, motivated by positive tourism growth, according to a senior civil aviation official. ...
Rann Reuy
https://www.phnompenhpost.com/business/spending-capitals-new-airport-nears-700m-ssca
NBC: Int’l reserves $17.8B at end-2022
The Kingdom’s international reserves ended 2022 at $17.8 billion, equivalent to seven months of import cover, compared to $20.3 billion and 8.1 months at end-2021, which pundits affirm is still high for a developing country given the recent global financial crisis, signalling positive levels of ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-intl-reserves-178b-end-2022
Cambodia’s garments and agricultural products continue to drive export growth
Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...
Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/
Working capital loans form 54% of small business needs
Cambodians running small businesses are continuing to find the need for working capital as their most pressing need, as per data. As high as 54 percent of 1.89 million loans issued were for working capital, as per the first quarter report of the Small Business ...
Rachel David
https://www.khmertimeskh.com/501482273/working-capital-loans-form-54-of-small-business-needs/
Sophalleth unveils bold steps to improve air and water quality
In a bid to mitigate the adverse effects of air and water pollution across the Kingdom, Minister of Environment Eang Sophalleth has laid out an ambitious five-year strategy. This comprehensive plan aims to significantly improve air and water quality through a diverse and multifaceted approach. ...
Ben Sokhean
https://www.khmertimeskh.com/501534045/sophalleth-unveils-bold-steps-to-improve-air-and-water-quality/
Cambodia, Hong Kong agree to foster mutual economic growth
The Council for the Development of Cambodia (CDC), the Hong Kong Special Administrative Region (HKSAR) of the People’s Republic of China and the Hong Kong Trade Development Council (HKTDC) Wednesday signed two memoranda of understanding (MoUs) to diversify the economy, develop private sector and foster ...
Nhean Chamrong
https://www.khmertimeskh.com/501533198/cambodia-hong-kong-agree-to-foster-mutual-economic-growth/
សមាគម
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Foreign investors
![](https://opendevelopmentcambodia.net/wp-content/uploads/2023/03/Phnom-Penh-on-the-top_05-January-2021-150x150.jpg)
Things you should know about Cambodia before investingCambodia has performed well on foreign direct investment (FDI) so far, three times better than predicted, which scored 3.6, becoming the top 25 in the world.1 The FDI reached an all-time high of 14.1% in 2012 and nearly ...
Fisheries production
![](https://opendevelopmentcambodia.net/wp-content/uploads/2015/09/14989069498_68f497fe59_o-150x150.jpg)
Local workers loading fresh catch to be transported to the city market at Chhnoc Trou pier, Kampong Chhnang province, Cambodia. Photo by Sylyvann Borei/World Fish, taken on 7 April 2014. Licensed under CC BY-NC-ND 2.0.Cambodia has abundant and productive fisheries. Fish is a traditional staple in the Cambodian ...
BHP Billiton Faces Bribery Charges After Abandoned Project
The U.S. Department of Justice (DOJ) and the country’s financial regulator have informed Australia-based mining giant BHP Billiton it could still be charged over allegations the company bribed overseas officials, which include claims of improper payments to members of the Cambodian government. Prime Minister Hun Sen ...
Economy Should Do Well, Despite China Slowdown: Experts
Although China has undergone an unprecedented economic slowdown, Chinese and Cambodian officials believe it will not seriously affect Cambodia’s economy. Over the past nine months, China’s GDP grew slightly above 7 percent, its slowest pace in 13 years, and some economists expect poor performance for the ...
Khoun Theara
http://www.voacambodia.com/content/economy-should-do-well-despite-china-slowdown-experts-cambodia-khmer/1748785.html
Democratic Reform Needed to Ensure Growth, Prosperity
With the long-ruling CPP sworn in to govern for another five years despite the opposition CNRP abstaining from sitting in the National Assembly due to election irregularities, a new report argues that imminent threats to Cambodia’s future development can only be overcome with significant government ...
Simon Henderson
http://www.cambodiadaily.com/news/democratic-reform-needed-to-ensure-growth-prosperity-43690/