The percentage of smokers over the age of 15 has dropped from 19.5 percent in 2011 to 16.9 percent last year, according to the National Adult Tobacco Survey which was released yesterday by the National Institute of Statistics. ...

Woori Bank has decided to acquire Cambodia’s microfinance institution Malis Finance for 5 billion won ($4.9 million) to accelerate its global expansion. The Financial Services Commission approved Woori Bank’s acquisition of Malis on Wednesday, according to bank officials. ...

South Korea-based Woori Bank has purchased Cambodian microfinance institution Malis Finance for $4.9 million. Hun Soopheak, general manager of Malis Finance, said the deal was finalised two weeks ago; however, the firm is still awaiting approval from Cambodian regulators. ...

SDG 15 focuses on the sustainable use of terrestrial (land-based) biodiversity and ecosystems such as forests, grasslands, deserts and mountains and their interaction with freshwater systems. It aims to protect and restore their ecological function. The work includes applying sustainable land and forest management practices and ...

Cambodia’s General Department of Taxation (GDT) collected $1.09 billion in taxes during the first 10 months of 2015, up 23.9 per cent compared to the same period a year earlier, according to a statement posted on its website. ...

Prime Minister Hun Sen on Monday appealed to Cambodia’s 9.6 million eligible voters to register to cast their ballots when enrollment opens next month, as the opposition CNRP expressed concerns that a million migrant workers could be disenfranchised. ...

The Phnom Penh Municipal Court on Friday acquitted a land broker of allegedly defrauding a businessman out of $2.5 million over a 9,000-hectare economic land concession (ELC) in Mondolkiri province that was eventually revoked by the government. ...

Prime Minister Hun Sen will lead a delegation to attend the Dialogue on Strengthening Connectivity Partnership and the APEC CEO summit to be held from 7-9 November in Beijing, China, according to a press release issued by Ministry of Foreign Affairs Monday. ...

Villagers in Ratanakkiri province’s O’Yadav district have filed a complaint with rights group Adhoc against a logging company they say has claimed more than 9,000 hectares of community forest as its own and threatened residents against using the land. ...

Cambodia’s commercial banks lent $11.9 billion to customers in the first half of this year, a 33 percent increase from the amount lent during the same time last year, according to a National Bank of Cambodia (NBC) report released Tuesday. ...

The National Assembly (NA) approved the draft Law on Investment at a plenary session on September 9, which will undeniably play a vital role in attracting local and international investors to the domestic market. ...

Heng Sour, Minister of Labour and Vocational Training, signed a Memorandum of Understanding with Fukuhara Koji, President of the Japanese Business Association of Cambodia (JBAC), on July 9 to promote internship cooperation in order to support technical and vocational skills training. ...

Fish farmers operating cage culture, Cambodia. Photo by O. Joffre/WorldFish, taken on 3 October 2009. Licensed under CC BY-NC-ND 2.0.Aquaculture production has grown significantly. In 2012 it stood at 74,000 tonnes, or almost 11 percent of total fishery production. By 2016 it had grown to ...

Although the Cambodian government has projected Gross Domestic Product (GDP) of around 7 percent this year, a bit higher than come other international financial organizations like the Asian Development Bank (ADB) and the International Monetary Fund (IMF), it does not mean that the country’s projection could not ...

Officials at the Cambodian Securities Exchange (CSX) may increase the number of daily stock trading sessions from two to seven, giving traders more flexibility to buy and sell, an official at the bourse said yesterday. Currently, trading on the CSX occurs in just two sessions, starting ...

The 2013 China’s Zhejiang and Cambodia matchmaking symposium was held here on Tuesday to seek opportunities to expand business ties between China and Cambodia. Gong Zheng said the Chinese firms are doing businesses in the fields of agriculture, infrastructure development, construction and real estate, mineral ...

People living along the banks of the Mekong, Bassac and Tonle Sap rivers should exercise caution in the coming days, and be particularly aware of possible riverbank collapses as water levels are rising in Stung Treng province and elsewhere in the country, Prime Minister Hun ...

Two dozens of Chinese entrepreneurs in the World Eminence Chinese Business Association have been visiting Cambodia to seek possibilities to broaden trade and investment ties between China and Cambodia. The group, led by Xia Lingsheng, the Association’s executive vice president, met with Tep Ngorn, the 2nd ...

For the first semester of 2013, Cambodia attracted 879, 782 tourist arrivals from ASEAN region, plus 23.5 per cent if compared in the same period of last year, a report from tourism ministry obtained on Tuesday said.  The figure of tourist arrivals from ASEAN for the ...

Rice exports increased from 205,717 tons in 2012 to 378,856 tons in 2013 as a result of high demand from the European Union as well as countries in Asia, according to figures released Thursday by the Ministry of Agriculture. France imported the most Cambodian milled rice, ...