Cambodia’s financial sector saw healthy growth last year with increased deposits and profits amid slower credit growth, reflecting sustainable development and increased public confidence in the sector, according to a recently released central bank report. ...

The central banks of Cambodia and South Korea signed an agreement on Friday to jointly conduct research and analyse the relationship between exchange rates and inflation in the Cambodian economy, according to bank officials. ...

Global payments giant Visa is the first international financial firm to announce the roll out of a payment solution in Cambodia for quick response codes, or QR codes, those pixelated black and white squares designed to be read by a smartphone camera that have begun ...

Government-aligned media outlet Fresh News has published a leaked letter from the Taxation Department to the Cambodia Daily claiming that it owes $6.3 million in back taxes, a disclosure accompanied by scathing anonymous “letters” attacking the English-language newspaper and prominent NGOs. ...

The Securities and Exchange Commission of Cambodia (SECC) launched its “Excellence Program” today with the aim to help companies develop the capacity to prepare adequate financial reports, establish proper accounting principles and learn about how the growth board can provide additional funding sources. ...

A $100 million electricity and fresh water deal for a joint-venture between Cambodia’s LYP Group and the Electricity Generating Authority of Thailand (Egat) will not be signed as expected when Prime Minister Hun Sen meets his Thai counterpart Gen Prayut Chan-o-cha today for bilateral talks, ...

Cambodia and Indonesia agreed to cooperate to boost their tourism markets, particularly by enhancing air connectivity and by jointly managing their most iconic tourism sites.During an official visit to Indonesia last week, Prak Sokhonn, the Cambodian Minister of Foreign Affairs and International Cooperation, suggested both ...

Labour Minister Ith Samheng and Malaysian Ambassador to Cambodia Dato’ Sri Hasan Malek yesterday announced that three more categories of workers are being added to a December agreement to send domestic workers to Malaysia. ...

Public Works and Transport Minister Sun Chanthol announced the creation of four new departments within his ministry yesterday during a road renovation ceremony in Preah Sihanouk province. Transport Ministry spokesman Va Sim Sorya confirmed the changes to Khmer Times yesterday and said they were done to ...

The train service between Cambodia and Thailand, which was expected to begin operations early this year, may be delayed due to compensation issues with people living along a one-kilometer stretch of track in Poipet City. ...

The Cambodian, Laos, and Vietnam parliaments have shared a stage to discuss their expenditure experiences and improve transparency and auditing of public investment in areas such as infrastructure. ...

The Ministry of Environment has fined a Chinese garment factory in Takeo province $7,500 after villagers complained the factory was polluting nearby streams with untreated waste. ...

More than 300 overloaded trucks were fined nearly $135,000 last month, causing the Transport Ministry to call for stricter action to protect the country’s roads.A Transport Ministry report said a committee comprised of ministry officials and law enforcement officers seized 307 overloaded trucks, resulting in ...

Ruling party lawmaker Pen Panha gave a lecture yesterday at the Royal School of Administration to students on the opposition’s alleged attempt at “colour revolution” – an allegation used to dissolve the Cambodia National Rescue Party in November, with virtually no evidence presented to the ...

US-based solar energy developer Omni Navitas announced a plan to set up a $500 million, 150-megawatt solar energy farm in Cambodia, which CEO Jim McAuliffe said would make it the largest solar farm in Southeast Asia by capacity. ...

Sixteen additional crocodile farms have been approved under an international conservation treaty to export Siamese crocodiles, bringing the total number of recognised farms in Cambodia to 21, according to a government official. ...

Kampong Speu provincial authorities on Friday arrested five individuals suspected of illegally mining marble at Kbal Damrey village in Oral district’s Trapaing Chor commune. Provincial governor Vei Samnang said on Monday that the suspects included three Cambodians and two Vietnamese nationals. “We are drafting a ...

The government has reserved around $3 billion to cope with a possible suspension of the Kingdom’s access to the EU’s preferential “Everything But Arms” (EBA) agreement. ...

The Preah Sihanouk provincial authority plans to clear and expand five canals spanning some 26km starting on Monday, to mitigate city flooding which had previously affected areas in their vicinity. Provincial governor Kuoch Chamroeun asked the relevant authorities to inform and advise people to demolish ...

Farm mechanization is steadily on the rise, with the number of tractors and power tillers in the country nearly doubling to more than 67,000 between 2008 and 2011, according to figures released by the Ministry of Agriculture this week. ...