Cambodia’s inflation has risen to 7.85 percent in June 2022 compared on a year-on-year basis to 7.17 percent the previous month, which was the highest in the last decade, while the value of Riel has fallen 0.07 percent to 4,091 riel per US dollar and ...

The General Department of Taxation (GDT) announced that it collected $2.69338 billion in tax revenues in the first nine months, equivalent to 95.53 per cent of the full-year target for 2022. This leaves just three months to reach the prescribed 11.419 trillion riel ($2.820 billion). ...

The Ministry of Justice conducted on a meeting on “Expedition of Procedure of Money Laundering Cases” under the presidency by Koeut Rith, Minister of Justice and the President of the Ad-Hoc Sub-Committee for the Implementation of Action Plans of the Joint Group of Asia/Pacific Group ...

Cambodia collected $3.26 billion from all sources of taxes in the first half of 2022, up 22 percent from 2.67 billion dollars over the same period last year. ...

Global growth recovery and rapid resumption in economic activity will give impetus to Cambodia’s economic growth this year, according to the National Bank of Cambodia (NBC). ...

In continuance with the policy to strengthen the Covid pandemic-scarred economy and push for growth, the Council for the Development of Cambodia (CDC) has recently approved projects worth $25.4 million. They are expected to generate around 6,500 job opportunities. ...

The Royal Government of Cambodia has decided to release an additional $30 million from its savings for mine and UXO clearance to reach the goal of mine-free Cambodia by 2025. ...

SME Bank of Cambodia Plc and several financial partner institutions have announced that applications for credit under the Tourism Restoration Cooperative Project are being accepted from July 1. ...

In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...

Indigenous people, especially females, are vulnerable to several forms of violence in addition to being affected by land-related issues, a non-governmental organisation has alleged on the occasion of International Day of the World Indigenous Peoples. ...

The General Department of Taxation (GDT) has collected $2,680 million in tax income in three quarters of this year, representing 95 percent of the national budget plan 2022. ...

The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...

Literacy rate for the citizens aged 15 years old and above in Cambodia has seen a significant rise, reflecting the government’s successful efforts in eradicating illiteracy rate, said a senior official of the Ministry of Education, Youth, and Sports. ...

The Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) and the Korea International Cooperation Agency (KOICA) jointly organised here yesterday a 2022 policy dialogue on development cooperation. ...

The National Bank of Cambodia has asked financial institutions to implement flexible measures for borrowers who have been affected by flood, in a bid to ease the burden on financial flow and contribute to restoring families’ economic standards. ...

The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...

Tax authorities have collected approximately $2.21 billion of tax revenue — 78.39 percent of the budget law in the first seven months of the year, which soared by 28.62 percent or about $491.29 million compared to the same period last year, said a release by ...

On 24 August 2022, the Federation of Khmer Chinese in Cambodia (FKCC) released a statement that disputed international media characterizations of the country as a haven for criminal syndicates. Unofficial translations in English and Khmer are accessible and downloaded in PDF format. ...

The National Bank of Cambodia (NBC) along with other competent authorities are considering taking legal action against firms or individuals operating businesses that go against the banking laws and financial institutions of the Kingdom, NBC announced yesterday. ...

The government on October 12 set up an inter-institutional commission tasked with resolving the issue of unfinished buildings in Preah Sihanouk province, most of which are owned by Chinese investors. This is according to a Council of Ministers letter issued on the same date addressed to ...