Applications for loans in the financial sector continued to drop in the second quarter of this year over concerns regarding the coronavirus outbreak and economic repercussions of the ensuing health crisis, according to a new report. ...

Senior government officials and European counterparts met last Friday to discuss Cambodia’s economic plan. New trade policies to help the Kingdom recover from the pandemic were the focus of the conversation as well as the World Trade Organization’s role in shaping the post-pandemic recovery. ...

Cambodia celebrated World Peace Day yesterday by remembering the 23 years of peace in the country since 1998 when the last Khmer Rouge soldiers defected to the government, ushering in a new era of peace and stability that continues today. ...

Local enterprise TK&D Manufacturing on September 19 inaugurated a new production line for paper cups and straws made from rice, corn and cassava in Pursat province’s easternmost Krakor district, to supply domestic and international markets. ...

Cambodia is reportedly keen to set up a new joint team with the Eurasian Economic Union (EAEU) to conduct a more detailed examination of the possibility of formally launching free trade agreement (FTA) talks with the bloc soon, and add impetus to underwhelming bilateral trade ...

Local publicly-listed firm RMA (Cambodia) Plc is planning to set up the Kingdom’s first motor vehicle assembly plant, to capitalise on the rising consumer demand for brand-new personal vehicles seen in recent years. ...

Cambodia is committed to incorporating more renewable energy into a new Ministry of Mines and Energy master plan, to mitigate the carbon footprint of the Kingdom’s socio-economic development, according to minister Suy Sem on September 16. ...

The government has established the National Economic and Digital Society Council (NEDSC) to build a foundation of a digital society to drive new economic growth, according to a royal decree on the council’s organisation and functioning released on September 8. ...

The Ministry of Education, Youth and Sport issued new instructions on August 31 advising both state and private schools in areas where Covid-19 transmissions are relatively low to begin preparations for re-opening later this year. ...

The Siem Reap Provincial Administration has lifted the 9pm-3am curfew throughout the province after a decrease in the rate of new Covid-19 cases. Kampong Speu province similarly decided to lift restrictions and reopen businesses. ...

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 15 projects with capital investment of nearly $550 million in the first two weeks of this month, which could reportedly generate 13,952 new jobs in fields such as car assembly, power ...

China pledged to provide more vaccine assistance to Cambodia and to establish a production facility in the Kingdom as the Covid-19 situation remains uncertain with the emergence of new variants and no clear end in sight. ...

The government and partner organisations are seeking new markets in which to sell carbon credits in order to raise funds for its efforts to increase and strengthen the protection of natural resources in the Kingdom. ...

Cambodia will export 400,000 tonnes of dried cassava to the Guangxi Zhuang Autonomous Region “from March 2022 to March 2023”, under a new agreement between the Ministry of Commerce and the southwestern Chinese region, according to the ministry. ...

The Kampong Thom Provincial Administration is set to launch a new clean water production plant in April. The plant – located in Stung Sen town’s Prey Tahou commune and built with the assistance of a grant from the Japanese government – will have the capacity ...

The government has agreed in principle to the recruitment of nearly 46,000 contract officials to serve in various ministries and institutions, while not allowing the recruitment of new civil servants into the state employment framework to replace any retirees, with a few notable exceptions. ...

Japan has continued its support for the sustainable supply of electricity to remote rural areas of Cambodia through a new partnership with the UN Development Programme (UNDP) and the Ministry of Mines and Energy that will provide electricity to 1,300 households in seven provinces.​ ...

A new $25 million U.S. government-funded education program that will improve the reading and learning experience for Cambodian primary schoolchildren was launched in Phnom Penh yesterday at an event jointly presided over by Dr. Hang Chuon Naron, Minister of Education, Youth and Sports; U.S. Ambassador ...

Prime Minister Hun Sen has warned critics to refrain from viewing the new airport in Siem Reap province as part of China’s strategic capacity strengthening, as he reiterated Cambodia’s constitutional clause that prohibits the presence of foreign military on the Kingdom’s territory. ...