The government has introduced a new measure in its fight against human trafficking, with tourist visas now specifically indicating that the bearer is unable to work legally in Cambodia. ...

In July, the National Bank of Cambodia (NBC) flagged the “historically” high credit-to-gross domestic product (GDP) ratio, which stood at 189 percent in 2022, with credit-to-GDP gap reaching nearly 40 percent. ...

Cambodia’s exports of electrical machinery, equipment and related products surpassed $2.4 billion in the first nine months of 2023, marking an increase of nearly double compared to the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Cambodia is set to expand its payment options for tourists by implementing blockchain-based central bank digital currency (CBDC) partnerships. This move is part of the country’s strategy to modernize its tourism sector, recognizing the significant role it plays in the Cambodian economy. ...

The Government of Cambodia and the Republic of Korea (ROK) signed a Memorandum of Understanding (MoU) on six documents on the morning of May 16, under the chairmanship of Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol. ...

In an effort to ensure customs and excise officials are updated on the latest in payments, the National School of Customs, General Department of Customs and Excise of Cambodia (GDCE), on Monday organized a workshop. ...

Cambodia’s bicycle exports fell 37 percent year-on-year in the first five months this year, said a report of the General Department of Customs and Excise (GDCE). ...

Foreign direct investment (FDI) in Cambodia reached 197.8 trillion riels, ($48.4 billion) between 2018-2023, said the National Bank of Cambodia (NBC) on Tuesday. ...

Cham Nimul, Minister of Commerce, on May 27, presided over the opening ceremony of the seminar on “Beyond Borders: Bringing Cambodian Products to Global Markets through Alibaba.com, ”which was attended by leaders of the Ministry of Commerce, representatives of the Ministry of Posts and Telecommunications, ...

The Center for Alliance of Labor and Human Rights (CENTRAL) clarified that its report, which highlighted restrictions on freedom of association, was aimed at improving workers’ conditions and ensuring respect for the rights of trade unions and leaders. ...

The Cambodian government has drafted an entirely new Land Law (the draft law), more than 20 years after the promulgation of the 2001 Land Law. Acknowledging the importance of participation from civil society, local communities, and indigenous peoples (IPs), Open Development Cambodia (ODC) formally sought ...

The Council for the Development of Cambodia (CDC) and the Embassy of the People’s Republic of China in Cambodia (ECC) Wednesday discussed ways to take the existing diplomatic ties between the two countries to the next level by promoting investment activities and supporting the development ...

Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation (MFAIC) and leaders of the ASEAN community discussed ways to strengthen cooperation in the fields of green transition, blue economy, climate change, energy and food security, digital transformation and supply chain ...

Cambodia will soon sign double taxation agreements (DTAs) with Laos and the Philippines, as it has completed technical procedures for the deals, the General Department of Taxation (GDT) said. ...

Cambodia earned approximately $1.4 billion from the export of electrical machinery, equipment and parts to international markets during the first eight months of 2024, a decrease of one-third compared to the same period in 2023. Some economists attribute the decline to weak global economic growth. ...

Cambodia imported more than $400 million worth of iron and steel in the first eight months of the year, an increase of nearly 60% on the same period last year. This has given some hope that the housing construction sector may be gradually picking up ...

Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, requested that Japan positively disseminate Cambodia’s investment potential and other incentives to Japanese investors. ...

In the first eight months of 2023, the government reported revenue of almost $4.2 billion, representing nearly 66% of the target set for 2023 by the annual budget law. This performance marks a decline of over 2% compared to the same period last year, as ...

Cambodia will host the 6th Asian Youth Para Games, following the 5th Asian Youth Games in 2029, according to a press release of the National Paralympic Committee of Cambodia. ...

On 24 February 2024, the Ministry of Water Resources and Meteorology issued a press release on the prevention of dumping rocks in the river. The ministry confirmed that rock dumping will cause obstacles or obstruction of the natural flow of water in rivers and is ...