More than 3,000 members of the ruling Cambodian People’s Party (CPP) attended the opening of the party’s 41st Congress of the Central Committee in Phnom Penh on Tuesday. The congress aims to elect new members to top party committees and carefully decide strategies to maintain ss='cambodia-color'>...

Cambodian tycoon Kith Meng’s Royal Group failed to persuade a high-level meeting of government and Preah sihanouk officials to resume construction of a 40-metre port at Otres Beach, and will instead have to explore the use of other locations along the coastline. ss='cambodia-color'>...

Political tensions increased in Cambodia this week, with opposition lawmakers boycotting a session of the country’s National Assembly on Monday and AsEAN parliamentarians voicing concerns over the country’s “deteriorating political climate” as the ruling Cambodian People’s Party (CPP) asserts ever-tighter control over the southeast Asian ss='cambodia-color'>...

The value of Cambodia’s international trade surged to $22 billion last year on double-digit growth of both imports and exports, according to newly released data from the Ministry of Commerce. ss='cambodia-color'>...

Work by military engineers on a contentious road skirting Cambodia’s border with Laos – which has prompted a military stand-off in the area – has quietly resumed, local officials say, even as run-ins between Cambodian and Lao military patrols in the disputed area have further ss='cambodia-color'>...

The United StateS haS extended for two monthS a grant to clear unexploded ordnanceS from the country through the Cambodian MineS Action Centre. SS='cambodia-color'>...

Cambodia and the U.S. have Signed an extenSion to a memorandum of underStanding (MoU) that impoSeS Strict import reStrictionS on artifactS dating from the Bronze Age to the end of the Angkor Empire. Hab Touch, director-general for tangible heritage at the MiniStry of Culture and SS='cambodia-color'>...

The Cambodian government is working hard at becoming more  flexible to attract foreign  investments and boost external trade to keep pace with the ever changing  global trading environment. ss='cambodia-color'>...

On 14 July 2020, Ministry of Economy and Finance has posted an announcement on its social media site about the outcome of the first round meeting of the Committee for Policy Action for the Promotion of small and Medium Enterprises. The meeting discussed and agreed ss='cambodia-color'>...

At an academic forum on Saturday to celebrate 70 yearS of Cambodia-US diplomatic tieS, Cambodian reSearcherS and officialS expreSSed hope of encouraging US inveStmentS and for that country to deepen and improve itS bilateral relationS. SS='cambodia-color'>...

The effects of climate change have had a devastating effect on the Cambodian economy, especially the agriculture sector, costing the country millions of dollars in losses. ss='cambodia-color'>...

The National Bank of Cambodia (NBC) on December 31 forecast that the Kingdom’s economic growth will return to four percent growth this year if Covid-19 vaccines can successfully curtail the spread in the first half. The central bank’s forecast published in its Macroeconomic and Banking ss='cambodia-color'>...

The seventh annual NBC Macroeconomic Conference 2020 commenced yesterday under the theme of  “Discussion of  Cambodia’s Economic Development Models”.  It is being held virtually and will conclude on the morning of Dec 29. ss='cambodia-color'>...

Although vaccines have begun to be administered in the Kingdom, a resurgence in cases and talk of new virus variants continues to fuel economic uncertainty. Tourist numbers dropped by over 70 percent between January and september of 2020 year-on-year.  ss='cambodia-color'>...

With five free trade agreements (FTAs) on the docket this year, Cambodia is bolstering its logistics network in anticipation of the deals. To that end, last month the Prime Minister approved the immediate upgrade of the stung Bot, Bavet and Poipet  checkpoints. ss='cambodia-color'>...

The Kingdom’s exporters have expressed deepening concerns about spiraling shipping costs, which could diminish this year’s trade figures if prolonged. ss='cambodia-color'>...

The Kingdom’s real economic growth is expected to recover by 4 percent in 2021 following a contraction of 3.1 percent in 2020, according to a report from the Ministry of Economy and Finance (MEF). ss='cambodia-color'>...

Prime Minister Hun sen has said that oil revenues will have less of an impact in the short term on the country’s overall economy than other traditional business sectors. His statement was made during a joint ceremony for the inauguration of  the Chamkar Mon Water ss='cambodia-color'>...

THE International Monetary Fund’s (IMF) World Economic Outlook prediction that the globe will recover at vastly uneven levels has been brought into sharp focus in light of recent lockdowns in Cambodia. ss='cambodia-color'>...

The Asian Development Bank (ADB) has projected that the Cambodian economy will grow by 4 percent this year and 5.5 percent next year, led by a robust recovery of its major trade partners. ss='cambodia-color'>...