Securities exchange (stock market)
Starting from 2001, work began on promoting the formation of a Cambodian Stock Exchange (CSE or CSX) as a means of supporting the economic system in Cambodia’s development. A stock exchange facilitates the buying and selling of stocks among investors. Dr. Bit Seanglim, Chairman of ...
Court monitoring
Respect for strong values is the key to citizens’ trust in their courts.41 The international values recognized for judges are independence and impartiality, integrity, equality of treatment, diligence and competence. A judge cannot both decide a case and have a personal interest in its resolution. ...
Water pollution
Young child drinks clean water in Cambodia. Photo by Cecilia Snyder, taken on 12 July 2003. Licensed under CC BY-NC-ND 2.0Water pollution can be defined in many different ways. Basically, it is the contamination of water when pollutants are discharged into water bodies without treatment ...
Ministry of Economy and Finance
National Bank of Cambodia, Cambodia. Photo by Stephen McGrath, taken on 21 June 2010. Licensed under CC BY-NC-ND 2.0 In 1996, the Ministry of Economy and Finance (MEF) was established by law.115 Its organization and functioning is defined by a sub-decree of the Royal Government ...
Primary and secondary education
Article 68 of Cambodia’s Constitution states that the Government shall provide free primary and secondary education for all citizens and each individual shall pursue basic education for at least 9 years. Education is a fundamental engine of social and economic development for a country, especially ...
Small and medium enterprises SME
Small and medium enterprises (SME) have long been considered a vital driver to economic growth for developing economies. SMEs stimulate job creation throughout the country. Migration of employment to neighboring countries and the unemployment rate has significantly decreased due to a rising number of SMEs, ...
Community fisheries
Community fishery refuges, Battambang, Cambodia. Photo by Alan Brooks/WorldFish, taken on 2 November 2011. Licensed under CC BY-NC-ND 2.0.Fishing practices in Cambodia are classified into three broad categories: small-scale or family fishing, medium-scale and large-scale or commercial fishing.In 2001, aware of the need to safeguard ...
Parliament
Upon the reinstatement of the second monarchy in 1993, Cambodian citizens are the master of their destiny and sources of all power. With the introduction of the liberal democracy in the Kingdom, all Cambodians at their 18 years or over, except where it is prescribed ...
Poverty policy and regulation
As a fast-developing nation, Cambodia has always found poverty one of its main challenges. The Rectangular Strategy states that eradicating poverty has long been one of the Royal Government of Cambodia’s (RGC’s) highest priorities.311 Since the country’s first major post-civil war election in 1993, Cambodia ...
Water resources
Geographically, Cambodia is rich in rivers and water bodies. These water resources play an important role in economic and social development, particularly in agriculture, industry, environmental protection and tourism sectors. ...
Civil and commercial litigation
Since 1993, the Royal Government of Cambodia (RGC) has been working to reform the country’s legal framework, and in particular the application of justice, to provide a clear and fixed procedural system to ensure respect for individual rights and equality before the courts.407 In theory, ...
Major banks
In 2020, COVID-19 severely impacted both the global and Cambodia economies. The banking system in Cambodia is also affected but at a moderate and manageable level.443 The National Bank of Cambodia (NBC), Cambodia Microfinance Association, and other relevant institutions pointed out the rate of the ...
Fishing policy and administration
Young man fishing with a cast net on Siem Reap river, Cambodia. Photo by Brian Hoffman, taken on 12 January 2015. Licensed under CC BY-NC-SA 2.0.Fisheries management in Cambodia is divided between central and local governments. At the central level, the Ministry of Agriculture, Forestry ...
Floods
In October 2020, tropical storms LINFA and NANGKA struck Vietnam, Cambodia, Laos and Thailand. The storms resulted in at least 48 fatalities, 15 missing people and more than 830,400 affected citizens, as reported by the ASEAN Coordinating Centre for Humanitarian Assistance on disaster management (the ...
National Bank of Cambodia
The National Bank of Cambodia (NBC) was established through the Law on the organization and conduct of the National Bank of Cambodia in 1996.509 NBC is the nation’s central bank, whose mission is to determine and direct the monetary policy in order to maintain price ...
Foreign investors
Things you should know about Cambodia before investingCambodia has performed well on foreign direct investment (FDI) so far, three times better than predicted, which scored 3.6, becoming the top 25 in the world.545 The FDI reached an all-time high of 14.1% in 2012 and nearly ...
