Political stability and economic growth of all sectors have played vital role in building the public and foreign investors’ confidence and maintaining the safety and soundness of banking system in Cambodia. The banking sector continues to have substantial growth as it shares 82.2% in the ...

Cambodia has a large number of United Nations agencies, international and national non-governmental organizations (NGOs) engaged in humanitarian, rehabilitation, and development initiatives as well as disaster risk reduction and disaster management.Under the Law on Disaster Management (2015), Article 32, if the National Committee for Disaster ...

Since the 1990s, the Cambodian economy has recorded a substantial expansion led by the tourism, manufacturing and construction sectors. One of the highest economic growth rates in the world allowed Cambodia to become a lower-middle-income country in 2015 64The country has a strategic position in ...

Public land leases are grants of state lands to private entities in the form of a contractual rental agreement. These leases often take the form of land concessions, in particular economic land concessions. They are often associated with land conflicts and disputes. ...

SDG 11 – “Making cities and human settlements inclusive, safe, resilient and sustainable” – aims to improve housing, transport, public spaces and urban environments, and strengthens resilience to disasters and climate change.There are seven targets covering specific areas and three means of implementation targets.72 Most of the ...

Though there are multiple forms of communal property, the rights associated with indigenous communal property are subject to significant legal and socio-economic issues. Indigenous communities are culturally very different from the rest of Cambodia, and the law provides them with the opportunity to obtain collective ...

Anti-Corruption Unit, Phnom Penh, Cambodia. Photo by Michael Coghlan, taken on 9 January 2014. Licensed under CC BY-SA 2.0In the 2016 Corruption Perceptions Index published by Transparency International, released in January 2017, Cambodia ranked 156th out of 176 countries.100 Cambodia has the lowest score of all ...

The Bar Association of the Kingdom of Cambodia (the Association) is a non-governmental institution for Cambodia’s lawyers.  In keeping with Article 24 of the United Nations Basic Principle on the Role of Lawyers, the Association represents lawyers’ interests, promotes their continuing education and training, and ...

The Royal Government of Cambodia has acknowledged the potential of the tourism industry as a source of Cambodia’s socio-economy growth, including job creation and poverty reduction. Tourism has been considered one of Cambodia’s key economic pillars, both international and domestic. In the early 2000s, the ...

The Covid-19 pandemic has caused a major economic shock in Cambodia, having a spillover on Cambodian micro, small and medium enterprises (MSMEs) and small household farmers’ survival and business continuity.219 Digital technologies are crucial during the pandemic, in which the owners of SMEs should focus ...

A Special Economic Zone (SEZ) is a defined area within a country that is subject to different laws and regulations than other areas of the country. These comprehensive industrial areas provide preferential incentives to investors and offer government import-export administrative support to facilitate trade. Though ...

Pandemics are disease epidemics that spread from person to person as a result of human-to-human transmission. Many medical texts do not define the term “pandemic”. However, some key characteristics of pandemics, including wide geographic spread, disease movement, novelty, severity, high attack rates and explosiveness, minimal ...

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.317 The FDI reached an all-time high of 14.1% in 2012 and nearly ...

As a fast-developing nation, Cambodia has always found poverty one of its main challenges. The Rectangular Strategy states that eradicating poverty has long been one of the Royal Government of Cambodia’s (RGC’s) highest priorities.347 Since the country’s first major post-civil war election in 1993, Cambodia ...

Sustainable Development Goal 14 is primarily about the interactions of humans with the oceans. Specifically, it aims to conserve and manage the use of oceans, seas and marine resources for sustainable development.443 A UN General Assembly call for action has been used to clearly articulate ...

Rice farmers working in the field, Kandal province, Cambodia. Photo by ILO/ Khem Sovannara, taken on 12 July 2007. Licensed under CC BY-NC-ND 2.0.Agriculture continues to play an important role in Cambodia’s economy, but it provides a livelihood for a smaller proportion of today’s population ...

The Sustainable Development Goal 5 (SDG 5) is initiated to “achieve gender equality and empower all women and girls”. The global SDG 5 consists of 9 targets (3 targets as means of implementation) and 14 indicators. The objectives of SDG 5 are expressed in terms ...

Starting from 2001, work began on promoting the formation of a Cambodian Stock Exchange (CSE or CSX) as a means of supporting the economic system in Cambodia’s development. A stock exchange facilitates the buying and selling of stocks among investors. Dr. Bit Seanglim, Chairman of ...

Prime Minister of Australia, The Hon Anthony Albanese MP, and Prime Minister Hun ​Sen at Gala Dinner for ASEAN Heads of State/Government/Delegation and Spouses, dated 12 November 2022. Photo from Ministry of Foreign Affairs and International Cooperation of Cambodia.Cambodia and Australia established their diplomatic ties ...

Prey Lang Wildlife Sanctuary. Photo by U.S. Embassy Phnom Penh on 09 June 2016. Licensed under CC BY-ND 2.0.Cambodia had over 8 million hectares of forest resources in 2020, accounting for 44.7% of the country’s total land area. 698 The state owns the whole forest ...