Cambodia’s draft law of anti-money laundering bill has been approved today at the Council of Ministers meeting chaired by Prime Minister Hun Sen. ...

The Ministry of Planning has identified 20,000 more poor families in the country, bringing the total to over 580,000, while over 420,000 of them have received the government’s cash assistance. In the meantime, many social security cards from families not deemed to be poor have ...

On 16 July 2020, the World Bank’s Board of Executive Directors today approved a $100 million credit from the International Development Association (IDA) for the Cambodia Road Connectivity Improvement Project. The project will enhance rural communities’ access to critical services, such as health centers, referral ...

The government is speeding up its draft digital policy to adapt the economy to e-government. Minister of Post and Telecommunications Chea Vandeth was joined by the Ministry of Economy and Finance (MEF) Secretary of State Vongsey Vissoth to discuss the government’s digital policy concept note. ...

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

The Anti-Corruption Unit has set its sights on illegal fees paid at the commune level and intends to stamp out a decades-old culture of bribery within the next four months, ACU officials announced yesterday. At a press conference, acting ACU president Chhay Savuth said that 22 ...

The long-awaited resumption of international adoptions may finally occur in the new year, officials from the ministries of Justice and Social Affairs said yesterday, though no time table is yet in place. While the freeze on adoptions – put in place in 2009 with the passage ...

The Thai embassy has released figures that show that exports to Cambodia have decreased slightly from $1.095 billion to $1.091 billion. Total trade between the nations has increased by 3.5 percent for during the first of the year when compared to last year. Cambodia has ...

Garment-making has been a mainstay of Cambodia’s fledgling economy, chalking up between 6 and 7 percent annually for the past four years. But, the country is turning its focus back to the land in the hope that rice growing and other farming produce, will lift growth ...

Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ...

More than 2 million of the Kingdom’s nearly 18 million hectares of land – roughly 12 per cent – was given out to 225 private companies in economic concessions last year, according to an annual report released by rights group Adhoc yesterday. The concessions put 606 ...

It’s a scene repeated endlessly at most of Southeast Asia’s main airports – planes forced to circle overhead or idle on the tarmac and travellers stuck in serpentine queues at immigration desks, security checkpoints and baggage carousels. And it’s likely to get worse in capitals like ...

Rice production grew by 6.42 percent last year, despite vast tracts of paddy being devastated by flooding, according to figures released yesterday by the Ministry of Agriculture. In the 2011 to 2012 season, 8.78 million tons of rice were harvested from 2.78 million hectares of ...

Cambodian students from grade 1 to 12 will begin studying basic financial skills starting in the 2019 academic year as the National Bank of Cambodia (NBC) is now finalising the curriculum. NBC director-general Chea Serey said Thursday that the new curriculum would help boost the ...

The General Department of Taxation (GDT) has announced that it aims to increase revenue from tax collection by 19 percent with a new strategy for the next four years based on sustainability and fair competition in the private sector. ...

Prominent businessman Kith Meng was re-elected yesterday as the president of the Cambodia Chamber of Commerce with the support of 15 presidents of chambers in Phnom Penh and provinces. ...

A group of villagers from a community forest inside Preah Vihear province’s Phnom Tnout Wildlife Sanctuary are collecting thumbprints to evict a family that has been protecting the forest from illegal logging and preventing poaching of endangered species. ...

The Cambodian government collected more than $1 billion in tax revenue in the first five months of the year, an increase of more than 12 percent compared to the same period last year, according to a monthly report from the General Department of Taxation (GDT) ...

Prime Minister Hun Sen has called on local and international journalists to join hands in tackling fake news, which he said could cause social turmoil in the Kingdom and beyond. ...

The National Police and the US Federal Bureau of Investigation will sign an MoU to create a joint taskforce to combat terrorism and cross-border crimes, National Police spokesman Lieutenant General Chhay Kim Khoeun said. National Police chief General Neth Savoeun and a delegation yesterday flew ...