It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...

Interior Minister Sar Kheng on Friday warned that a union-led public forum scheduled for Freedom Park on Saturday morning would not be allowed to proceed, adding that a fresh wave of union marches next week are also banned. The security minister’s comments came during a talk ...

Cambodia’s economic growth could surpass previous estimates and hit 8.7% this year, Prime Minister Hun Sen said in a speech yesterday. Earlier government forecasts estimated growth of 6% for 2011, though increasing garment exports and a strong recovery in the tourism sector have stimulated the economy ...

Opening statements started yesterday in a trial pitting Kompong Chhnang province villagers against the wife of Minister of Industry Suy Sem over a long-standing land dispute. However, the plaintiffs and human rights workers monitoring the trial criticized yesterday’s proceedings, which were allowed to proceed despite ...

Military-run telecom Viettel has deployed more than 16,000km of fibre optics for its Metfone network and is now has the biggest internet coverage in Cambodia. According to a report from the Ministry of Post and Telecommunications of Cambodia (MPTC), cable network coverage in the country ...

Finance minister Keat Chhon yesterday identified reforming the management of natural resources as a priority in the government’s efforts to reduce poverty.  Keat Chhon also called on wealthier nations to help fund climate change-related projects in developing nations like Cambodia. Minister of Environment Mok Mareth said ...

If the government continues to grant economic land and mining concessions at the current rate, there will be no more arable land left in the country to give away within one year, a researcher from the Cambodian Centre for Human Rights said yesterday. Pointing to the ...

The National Bank of Cambodia this week signed a Memorandum of Under-standing with the State Bank of Vietnam that would allow for the exchange of information to fight money laundering and terrorism financing. The MoU, signed by NBC Governor Chea Chanto and SBV Governor Nguyen Van ...

Cambodia’s garment and footwear exports recorded double-digit growth to some $4 billion in the first half of this year compared to the same period last year, a National Bank of Cambodia (NBC) report has said. Industry insiders have speculated that the growth could be due ...

The Ministry of Education, Youth and Sport is working in conjunction with Unesco and the Ministry of Labour and Vocational Training (MLVT) to launch an internet-based education programme for Cambodian youths in grades seven to nine who have dropped out of school. ...

Cambodian experts on Tuesday urged entrepreneurs, traders, producers and suppliers to pay more attention to food safety standards to ensure the welfare of consumers. The appeal was made at the Food Safety Forum held at the Mekong Institute under cooperation with Institute of Standards of ...

The Cambodia Rice Federation (CRF) and the Association for SMEs of Cambodia will jointly hold the fifth Cambodia Rice Forum to discuss the future of the country’s rice industry with major stakeholders. ...

A senior government minister yesterday announced a halt to plans to expand the Phnom Penh International Airport, and instead revived talk of a new airport altogether, mentioning plans to identify a location 30 to 40 kilometres outside the city in hopes of completing the new ...

As Prime Minister Hun Sen ages, more and more talk is surfacing of his sons taking his mantle and leading the country into the future. Two were in the spotlight this past week as they bolster their credentials for their eventual rise to the top ...

The Ministry of Mines and Energy (MME) yesterday sent the newly-drafted petroleum law to civil society organizations and other partner institutions working in the extractive sector for consultations before submitting it to the Council of Ministers for approval by the end of this year. ...

Five Cambodian workers imprisoned in a Malaysian jail were repatriated yesterday, with 13 more expected to make their way back to the Kingdom in the coming days. All 18 were jailed for allegedly lacking the proper work permits and all had been brought to Malaysia by ...

Two garment workers who broke away from the only union operating at their factory in Kompong Speu province in an attempt to provide workers an alternate choice for representation were charged Wednesday with a slew of crimes and are being held in provisional detention, officials ...

Officials from the ministries Of social affairs and urban planning met with the Disability Action Council (DAC) on Monday to discuss issuing a prakas to standardise long-promised handicap accessibility in public buildings, according to a Facebook post by DAC. ...

The country’s Small and Medium Enterprises (SMEs) have been urged to register with the Ministry of Industry by early next year, in order that government policy intended to aid competitiveness can be more effective. ...

South Korea is pushing forward with discussions to hammer out a double taxation agreement (DTA) with the Kingdom that would provide an additional incentive for Korean businesses to set up shop and increase fiscal transparency while shielding individuals and corporations from being taxed twice. ...