Thailand’s Bank of Ayudhya released its first financial statement since completing its acquisition of Cambodian microlender Hattha Kaksekar Ltd (HKL) last month, showing a quarterly net profit increase of 10.6 percent from a year earlier. ...

Rising oil prices fuelled a month-to-month inflationary increase of 5.4 per cent through February and March, according to data from the National Institute of Statistics. Factors such as sanctions on Iranian oil, as well as floods that depleted Cambodian crops last year accounted for the rise ...

Cambodia’s inflation rose by 2.2 per cent in August compared to the same month last year, according to the monthly data from the National Institute of Statistics. The increase was due to the rise in food and the fluctuation of gasoline prices. Government officials and economists said the ...

Cambodia’s trade deficit expanded to almost half a billion dollars during the first three months of the year, according to the latest figures from the Ministry of Commerce. Between January and March, Cambodia’s exports reached $1.99 billion, up 19 per cent compared to the same period ...

A Cambodian scholar on Saturday called for efforts to enhance the role of the Association of Southeast Asian Nations (ASEAN) in promoting mutual trust and maritime security in the Asia Pacific. A more relevant and coherent multilateral structure could help address old and new security challenges, ...

The National Assembly (NA) of Cambodia, through the Committee on Foreign Affairs, Cooperation, and Information in collaboration with the Asian Vision Institute (AVI), held a seminar on “Cambodia-Europe Relations in Regional Connection and Peace” at the National Assembly on Friday. ...

The government needs to urgently amend its industrial development policy to spur the inclusive growth of small- and medium-size enterprises (SMEs) and develop a national logistics platform to cut onerous shipping costs if Cambodia is to find a place in global value chains, panellists at ...

The Ministry of Commerce (MoC) and the Ministry of Industry, Science, Technology, and Innovation jointly celebrated World Intellectual Property (IP) Day 2024, encouraging business owners to register their products to add value and strengthen competitiveness in domestic and foreign markets. ...

The Ministry of Industry, Science, Technology & Innovation (MISTI) and the Ministry of Information (MoINFO) on Friday signed a Memorandum of Understanding (MoU) to enhance industrial and scientific news coverage for the Cambodian public. ...

Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...

With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...

With the long-ruling CPP sworn in to govern for another five years despite the opposition CNRP abstaining from sitting in the National Assembly due to election irregularities, a new report argues that imminent threats to Cam­bodia’s future development can only be overcome with significant government ...

The current volatility of oil prices on the global market is bringing cuts in prices at Cambodia’s five main petroleum retailers. However, some observers say the current fall in prices is too limited. Data from the Ministry of Commerce showed that super oil retailed at 5,200 ...

The NGO Open Institute has launched a new online service that aims to help Cambodian unskilled labourers find jobs within the country as part of an effort to discourage worker migration in hopes of reducing human trafficking. ...

High failure rates of the frontline medication to treat malaria in Southern Vietnam have revived concerns that parasites resistant to multiple drugs, first observed in Cambodia’s Pailin province, may be spreading. Meanwhile, experts in the Kingdom are currently testing alternative treatment options to stay ahead ...

Makers of food- and beverage-related products are for the first time facing mandatory health regulations, with the unveiling of 10 national standards by the Ministry of Industry and Handicraft. The announcement comes after the National Standard Council, a government-run committee, finally approved the standards in May ...

The government has demonstrated remarkable dedication and commitment to achieving its goals of turning the country into an upper-middle-income economy by 2030 and a high-income economy by 2050. ...

The finance minister has asked South Korea’s Booyoung Group to invest more in the Cambodian financial-technology (fintech) market, which has seen remarkable growth during Covid-19, as the company’s chairman revealed preliminary plans for a university in the Kingdom focused on fintech and taxation. ...

A Cambodian medical research­er has received international rec­ognition for a presentation on de­velopments in the treatment of pa­tients infected with both HIV and tuberculosis at a conference in France last week. ...

The Interior Ministry’s anti-human trafficking department on Monday questioned an administrator at a maritime school over complaints lodged in September by seven former students who claim they were forced to flee a pair of Chinese-owned cargo ships after working in slave-like conditions. ...