In 2011, the actual amount of domestic revenue collected during the year did not reach the set target, while actual budget expenditure exceeded the planned amount. As a result, the overall budget deficit grew to 7-3 percent of GDP in 2011. For 2012 and 2013, while the execution of ...

Koh Kong provincial authorities said on Sunday that illegal forestry and wildlife trafficking crimes have decreased considerably at the Peam Krasop Wildlife Sanctuary, although authorities are still investigating cases of encroachment on state land at the site. ...

The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) on April 7 ordered members to adopt six measures of financial relief in light of the economic fallout and depressed incomes caused by the February 20 community transmission of Covid-19. ...

The Bank of China is going to expand its business operations in Cambodia after it was launched here two years ago and seen rapid business growth, Zhu Shuming, visiting deputy governor of Bank of China, said Friday. Speaking at a meeting with Chea Chanto, governor of ...

Cambodia would further tighten security on passengers’ identities following the disappearance of a Malaysia Airlines plane with two passengers boarding with stolen passports, a senior official at the Security and Safety Department at the Civil Aviation said Monday.   “In fact, our security at all airports is ...

Cambodia’s Agriculture Ministry has announced plans to increase the annual production of silk from 4 tons to 400 tons by 2020. Cambodia primarily relies on silk from Vietnam and China. The project is entitled the Silk Rehabilitation Project and is funded by the UN Food ...

Farmers can expect better rice paddy yields this year compared to last year after the Ministry of Water Resources and Meteorology yesterday predicted that the rainy season would run from mid-May until November with only a short dry spell. Chhomg Sopal, agriculture development ...

As the sun rises on Tonle Sap Lake, fishermen head out from floating villages like this one, past half-submerged mangroves and flooded shrub land, to check their nets, much as they have for centuries. Every year, the lake yields about 300,000 tons of fish, making it ...

A company ordered to cease its sand-dredging operation along the Sesan River in Ratanakkiri province after it was accused of illegally searching for gold is now defying the order, villagers claimed Monday. Discovery Power, a joint Chinese-Cambodian venture, was given a license to dredge sand for ...

Labor unions and associations have suspended their strike plan scheduled for March 12 following the request by garment workers, according to a union leader. The suspension came after the meeting between the union leaders from a coalition of 18 labor unions and associations today. The unionists ...

The Kingdom’s first clinical skills and simulation laboratories were inaugurated yesterday at the University of Health Sciences in Phnom Penh along with computerised exam rooms – part of the public university’s strategic four-year plan launched in 2014. ...

Phnom Penh Autonomous Port (PPAP), a listed state-owned river quay, reported a decline in revenue for the first nine months of 2023, a decrease attributed to unfavorable global economic conditions, largely exacerbated by the prolonged Russia-Ukraine conflict, which has adversely impacted global demand. ...

Anti-economic crime police from the Interior Ministry yesterday seized more than four tonnes of illegal medicine in Phnom Penh’s Sen Sok district.​ ...

Prime Minister Hun Sen yesterday told the Ministry of Justice to re-check pardon applications from convicted robbers and drug dealers, saying that recidivism is a big problem in the Kingdom.The premier’s statement, made in a speech on Koh Pich, follows a turbulent weekend rife with ...

Asia’s economic success has been carried on the shoulders of poor women, whose higher load of work has been unequally compensated and undervalued, according to an Oxfam report released on Tuesday.   ...

Despite a modest improvement in the Covid-19 situation in Cambodia, the number of new projects outside of special economic zones (SEZ) approved by the Council for the Development of Cambodia (CDC) saw a sharp decline in January-November 2021 compared to the same period a year ...

On July 29, the Cambodian People’s Party (CPP) declared victory in the country’s general election. With the elections out of the way, Phnom Penh, once known as the “Pearl of Asia”, can again be viewed as a hub of opportunity, especially given Cambodia’s robust average ...

General Department of Taxation (GDT) director-general Kong Vibol refused to budge on a March 31 deadline to file tax on income (ToI) for fiscal year 2020 despite the economic pressure on the business community caused by the Covid-19 pandemic. ...

A Memorandum of Understanding (MoU) has been signed between Matrade and the Cambodia Chamber of Commerce, said Malaysian International Trade and Industry minister Datuk Seri Mustapa Mohamed. ...

The deal between national flag carrier Philippine Airlines (PAL) and Royal Group of Cambodia (RCG) to form Cambodia Airlines Co.  Ltd. is set to be completed within the next two months. This was according to Ma. Cecilia Pesayco, assistant corporate secretary of PAL’s parent firm PAL ...