As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...

The French government through the French Development Agency or Agence Française De Développement (AFD) has maintained its annual financing commitment at about $100 million as a concessional loan for Cambodia to Develop and recover the country’s post-Covid-19 economy in line with its national Development strategy ...

Employees of a controversial monkey breeding farm in Pursat City who protested earlier this week for higher wages have accepted their employer’s offer of a $16 monthly wage increase, authorities said on Thursday.   ...

A pilot project that offers micro-insurance to help rice farmers cope with the risks of flooding and drought is looking to build on the success of its first season by scaling up beyond three existing provinces. ...

A controversial Facebook platform that offers users free Internet —but a limited choice of websites and apps—was launched in Phnom Penh on Thursday in cooperation with mobile operator Smart Axia­ta, its CEO said on Friday. ...

The government’s tax collection body has extended the fringe benefit tax exemption to several new industries, removing the 20-percent tax that employers were previously required to pay on the benefits they offered to their workers. ...

A year from now, 23-year-old Sum Tiara will graduate from the Royal University of Law and Economics with a degree in law. At the moment, however, she needs to earn a living and pay for her studies by working in bars and restaurants in Phnom Penh. ...

A single visa for Thailand and Cambodia is ready for launch 27 December at all of the countries’ consulates and embassies. It is a test phase of a wiDer project called ACMECS Single Visa (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) involving Thailand, Laos, Vietnam, Cambodia, and ...

Koh Kong Sugar has offered to settle its yearslong dispute with Cambodian families who accuse its plantations of stealing their land, but the farmers remain wary of being able to secure a fair deal. The firm, a subsidiary of Thailand’s Khon Kaen Sugar Industry Limited (KSL), ...

Local conglomerate Royal Group said Tuesday that while it is committed to its partnership with Australia-based ANZ bank, it would entertain selling its stake in ANZ Royal Bank for “a very high offer.” “The Royal Group would like to clarify that it is a strong and ...

With renovation work on the country’s dilapidated railway at a standstill, the Ministry of Public Works has entered into talks with a regional consortium backed by one of the largest firms in China to replace the railway’s current operator, officials said yesterday. Faced with a ...

Since mid-January a group of illegally laid off Cambodian garment workers – mostly women – have been picketing the factory they worked in. Their objective was to stop the company, which closed down, owing the workers, collectively, about US$200,000 of unpaid wages, from removing the ...

Eight families involved in a land dispute in Kompong Chhnang province with Chea Kheng, the wife of Mines and Energy Minister Suy Sem, on Wednesday walked away from a meeting that was set up at their local district administrative office to resolve the dispute, an ...

The Japanese government will offer an opportunity for specialised Cambodian workers to work in Japan through a new Memorandum of Understanding (MoU) that might be signed in April, Minister of Labour and Vocational Training, Ith Sam Heng said. ...

Cambodia’s Prime Minister Hun Sen has unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. ...

Around 50 people representing 83 households from Lor Peang village in Kampong Chhnang yesterday refused concessions offered to them during a meeting with the National Assembly’s Commission on Human Rights, Complaints, and Investigation. ...

Phnom Penh City Hall yesterday washed its hands of the decadelong contentious Boeung Kak lake issue, saying it was closing its conflict resolution process, leaving seven families who had refused to accept the government’s offers in the lurch. ...

Prime Minister Hun Sen applauded the upcoming meeting between US President Donald Trump and North Korean leader Kim Jong-un on Saturday, offering his congratulations to the odd couple at the fourth annual River Festival in Kandal province.​ ...

The first mobile app offering a comprehensive and interactive history of the Khmer Rouge, created in the hopes of ending a “collective denial” about some of the atrocities committed by the Pol Pot regime, went live on Tuesday. ...

Nascent insurance markets in Cambodia, Cuba and Myanmar offer “significant opportunities” to foreign insurers, according to a US market research company. In a statement released Wednesday, Dallas-based Market Reports Store praised Cambodia’s “bold economic reforms and economic liberalisation” since 2000. ...