The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ...

The General Department of Customs and Excise earned $1.5 billion as revenue in the first eight months this year, representing 64.2 percent of yearly plan. ...

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) clocked in at $710 million in the first three months of 2022, marking a 50.74 per cent rise year-on-year from $471 million, the operator said in a statement on April 23. ...

The General Department of Taxation at the Ministry of Economy and Finance collected $1,263 million as tax income from the first three months of this year, a 22 percent increase compared to the same period last year. ...

Chevron (Cambodia) Ltd, the local manager of the Caltex petroleum brand, on April 26 launched the Kingdom’s first publicly-available electric vehicle (EV) charging point, along with the southern Phnom Penh filling station where it is located.   ...

The number of water connections in government buildings has risen by 12.54% to 878 in the first quarter of this year compared to the same period of last year, while the profit of Phnom Penh Water Supply Authority (PPWSA) has fallen slightly by 1.56% to ...

Nearly 1,200 establishments in the tourism industry were closed and almost 22,000 direct jobs have been lost as of May this year due to the Covid-19 in Cambodia, according to a statement from the Ministry of Tourism. ...

The General Department of Customs and Excise earned $1,293 million in customs income in the first half of this year, representing 50.1 percent of the financial plan for 2022. ...

The Ministry of Economy and Finance (MEF) has entered into agreements for the implementation of 18 public expenditure projects worth $763 million under grant aids and concession loans in the first half of this year, according to a report released by MEF. ...

Giving a big boost to tourism prospects, Cambodia announced that its international tourism earnings reached $1.41 billion in 2022. .. ...

A new report has found that 28.1 per cent of Cambodians borrow money to pay for healthcare, with microfinance insiders claiming it does not reflect the reality in the financial sector. The University of New South Wales (UNSW) surveyed 5,000 households across Cambodia and found ...

Cambodia’s economic growth is projected at 7.1 per cent this year or about $24 billion thanks to the good performance of the industrial sector that is creating strong domestic revenue. Speaking at the graduation ceremony of Cambodia University of Specialties on Wednesday, Prime Minister Hun ...

Smart Axiata announced yesterday that it has begun disbursing funds from its $1 million COVID-19 Relief Fund to the Institut Pasteur du Cambodge, Open Institute, Friends International and Southeastern Globe Communications, according to a company statement. ...

Starting May 1, the traffic police will enforce a new sub-decree which increases traffic violation fines to three to five times their current rates. Officials expect the additional money gained from the increased fines will be used to reduce traffic accidents. ...

The much-anticipated Inclusive Business Enabling Environment for Cambodia (IbeeC) strategy will be adopted soon to meet the needs of 1.7 million poor and low-income Cambodians by 2023, a wide-ranging virtual meeting conducted by the Ministry of Industry, Science, Technology and Innovation heard on March 18. ...

Ministry of Justice officials held a meeting with other ministries on May 4 to discuss four areas of government reform, including public finance, public administration, sub-national administration and justice. ...

The Government of Japan will provide 1 million doses of the AstraZeneca COVID vaccine to Cambodia. The move was announced today by Mikami Masahiro, Ambassador of Japan to Cambodia. ...

Hun Sen, Prime Minister of the Kingdom of Cambodia, announced to use the cash prize of $1 million to build houses for veterans. ...

Trade between Cambodia and Japan reached $1.5094 billion in the first eight months of 2021, up 11.8 per cent year-on-year from $1.350 billion, according to data from the Japan External Trade Organisation (Jetro). ...

Cambodia recorded another jump in Omicron cases today. Todays official daily new COVID case total (diagnosed by PCR test) was 46 – all the Omicron variant – bringing the COVID case total to 121,484 cases. ...