The government plans to reduce its foreign debt and raise capital through the issuance of bonds, a representative of the Ministry of Economy and Finance has unveiled. “Increasing local borrowing instead of foreign borrowing will improve the country’s trade balance and current account,” said Vong Seyvisoth, ...

An environment-monitoring working group from the Environment Ministry and the Council for the Development of Cambodia plans to meet with the owners of nearly 50 special economic zones across the country to promote standards on environmental protection and liquid waste management. ...

With over 130 registered projects in banking, manufacturing, agriculture, service and infrastructure, among other sectors, Japanese investment in the kingdom was valued at $1.6 billion in 2017, according to the Council for the Development of Cambodia (CDC). ...

Some 300 villagers representing over 6,800 families delivered a slew of petitions to the Council of Ministers and Ministry of Land Management on Monday demanding resolution to longstanding land disputes affecting about 19,000 hectares over four provinces. ...

A senior official at the Ministry of Land Management, Urban Planning and Construction appealed yesterday to institutions, private companies and related parties to help increase public housing for low and middle income families. In the first annual national forum on housing yesterday, Chhan Saphan, a secretary ...

The Ministry of Transport has started checking trucks traveling along National Road 6 to ensure they conform to legal size and modification requirements, it announced this week. According to a post on the ministry’s Facebook page, mobile inspection teams were deployed in Kampong Cham province to ...

Cambodia continued to improve its business environment over the past year, according to the World Bank’s “Doing Business 2017” report that measures the regulations that enhance business activity and those that constrain it in 190 countries. The World Bank made this assessment despite the Kingdom’s ...

The first ever smartphone tax app is set to be launched next year in an effort to make tax payments by companies more transparent. The app developed by the General Department of Taxation (GDT) of the Ministry of Finance and Economy, is a platform for individuals ...

Foreign Affairs Minister Prak Sokhonn on Friday warned the UN’s Office Of High Commissioner for Human Rights (OHCHR) in Cambodia against criticizing government decisions, deeming it disrespectful to the nation’s sovereignty. ...

Agriculture Minister Veng Sakhon yesterday defended his ministry amid complaints by farmers of low yields during dry season, rising costs of production and a lack of markets to sell their produce, saying that other ministries and sectors also shared responsibility. ...

International fund transfers to Cambodia through Acleda Bank, which claims to handle a quarter of all inbound fund transfers to the country, decreased slightly last year as a result of lower rice prices, a bank executive said yesterday. ...

Efforts to introduce an effective, modern taxation system appear to be paying off as government coffers swelled last year, giving the state more revenue to use for development at a time when donor aid is drying up. ...

Tourists wanting to visit Asia’s answer to Las Vegas will be able to fly from Preah Sihanouk province to Macau after Cambodia Angkor Air unveiled the new route yesterday. ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) on Monday announced it will ban all imports and agricultural pesticides containing the fungicide Tricyclazole in response to the strict new Maximum Result Limit set by the European Commission. ...

Five Cambodians expelled from the U.S. arrived in Phnom Penh on Wednesday, a U.S. Embassy spokesman said, as Cambodia continued to call for revisions to the 2002 agreement with the U.S. that allowed their deportation. ...

Cambodia’s financial sector saw healthy growth last year with increased deposits and profits amid slower credit growth, reflecting sustainable development and increased public confidence in the sector, according to a recently released central bank report. ...

The central banks of Cambodia and South Korea signed an agreement on Friday to jointly conduct research and analyse the relationship between exchange rates and inflation in the Cambodian economy, according to bank officials. ...

Global payments giant Visa is the first international financial firm to announce the roll out of a payment solution in Cambodia for quick response codes, or QR codes, those pixelated black and white squares designed to be read by a smartphone camera that have begun ...

Government-aligned media outlet Fresh News has published a leaked letter from the Taxation Department to the Cambodia Daily claiming that it owes $6.3 million in back taxes, a disclosure accompanied by scathing anonymous “letters” attacking the English-language newspaper and prominent NGOs. ...

The Securities and Exchange Commission of Cambodia (SECC) launched its “Excellence Program” today with the aim to help companies develop the capacity to prepare adequate financial reports, establish proper accounting principles and learn about how the growth board can provide additional funding sources. ...