Inflation rose to 7.2 percent in May this year in the country, the highest in the last decade, the National Bank of Cambodia (NBC) said yesterday, adding that it has unleashed a set of measures to control the inflationary pressures and protect the purchasing power ...

Manufacturing as a share of output has peaked in most developing East Asia and Pacific economies except for Cambodia and Vietnam, the World Bank says. ...

Cambodia’s international reserves increased to $20 billion in 2023, representing a year-on-year rise of 12.3 percent, the central bank said on Thursday. ...

Lippo Group, a large Indonesian company, is interested in investments in the areas of real estate, healthcare, financial and banking services, supermarket, etc. in Cambodia. ...

The government plans to review fuel import taxes in the wake of soaring prices at the pump over the past few weeks, an official said yesterday. Cheam Yeap, Cambodian People’s Party lawmaker and chairman of the finance and banking commission, said the government will look into ...

The Ministry of Public Works and Transport yesterday signed an agreement with Korean company Hanshin Engineering and Construction for the long-awaited reconstruction of National Road 2 and National Road 22. According to a press release from the ministry, the reconstruction of National Road 2 and ...

The Agence Française de Développement (AFD) opened its office in the capital in September 1993. Today, the AFD provides direct funding in the field of agriculture and agro-industry, infrastructure development, manufacturing sector and vocational training. Since 1993, the AFD has given grants of more than ...

Prime Minister Hun Sen on Friday has clarified to the public that the  $1, $2 and $5 US bank notes are still accepted  normally in the Kingdom. ...

The Securities and Exchange Regulator of Cambodia (SERC) partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to bolster the development of Cambodia’s derivatives market. ...

Law and order in Cambodia this year has been a strange mix of the brutal and the bizarre. From horrific murders to the police’s decision to deliver crystal meth to phony hostage-takers during a bank heist, crime has continually made headlines in a year when the ...

Development partners on Thursday asked the Mekong River Commission to prioritise policies to protect the basin in future development strategies, noting that the Mekong river basin is among the most vulnerable regions due to climate change. Representatives from Australia, Belgium, France, Germany, Japan, Luxembourg, the ...

Cambodia’s economy is expected to remain strong through 2016, though it is likely to grow at a slightly slower pace than forecast earlier this year, the Asian Development Bank said Tuesday.In an update to its annual economic publication, Asian Development Outlook 2015, the ADB said ...

A modest increase in the inflow of foreign direct investment is a sign that Cambodia remains an attractive destination to investors, and will go a long way toward the country’s development, analysts said yesterday. Total capital inflow of foreign direct investment (FDI) to Cambodia amounted to ...

About 70 families living in Pursat province’s Kandieng district have now been evacuated to higher ground after Pursat River burst its banks on Monday night because of heavy rain from Tropical Depression Gaemi, officials said. Mr Sokha [provincial governor] added that about 400 police officers ...

Though they live in floating houses moored to the banks of the Tonle Sap river, few of the nearly 2,500 ethnic Vietnamese villagers here can truly call Cambodia home. Thousands built floating homes on the Tonle Sap, a cheaper and more attainable alternative to settling ...

The Ministry of Economy and Finance has approved the extension loan tenures to seven years from four years under a revised agreement between SME Bank and Participating Financial Institutions (PFIs). ...

The World Bank had forecasted that Cambodia’s economy would shrink 1.0 percent this year before rebounding 6.0 percent next year which was released in Washington yesterday. ...

According to an Asian Development Bank (ADB) report, increasing job opportunities in decent work for women is essential for growth and vital for the advancement of economic and social development in Cambodia. ...

About 70 percent of Cambodians have access to financial services, with more than 8.6 million e-wallet account holders at the end 2021, according to the National Bank of Cambodia (NBC). ...

Cambodia’s economy is expected to grow at around five percent this year as against three percent last year, but the inflationary pressures being witnessed across the world can cut into the purchasing power of the country’s households as well, said the Financial Stability Report 2021, ...