The National Bank of Cambodia (NBC) says the banking sector will continue to grow confidently and actively contribute to economic activity. At the same time, the banking and finance sector continues to promote financial inclusion with the number of deposit clients reaching 8.2 million accounts ...

The government has disbursed more than $4.5 million to boost aquaculture production and domestic market supply amid the Covid-19 pandemic. Minister of Agriculture, Forestry and Fisheries Veng Sakhon told The Post on Monday that in boosting agricultural production, the ministry has received financing from development ...

Cambodia’s exports in clothes, footwear and travel goods were down 9 percent for the first 10 months of the year measured against 2019 year-to-date (YTD) figures, according to data from the General Department of Customs and Excise (GDCE).  The total value of these export products ...

The management of natural resources, especially the prosecution of forestry and fisheries crimes, is not within the jurisdiction or the sole responsibility of the Ministry of Agriculture, Forestry and Fisheries, minister Veng Sakhon said. ...

Cambodian government chief spokesman Phay Siphan said BRI projects here like the construction of the Phnom Penh-Sihanoukville expressway, the new Siem Reap international airport, the national stadium, and the Sihanoukville Special Economic Zone (SSEZ) among others, have provided tremendous benefits to Cambodia’s economic development during ...

Negotiations on sanitary and phytosanitary (SPS) commitments for a number of potential Cambodian agricultural exports to China have made remarkable progress at a brisk pace, according to the Kingdom’s top agriculture official on September 13. ...

The Royal Government of Cambodia identifies the automotive and electronics sectors as potential priority sectors for promoting Cambodia’s participation in the global value chain. ...

Cambodian exports of footwear and related items topped $700 million in the first five months of 2022, representing gains of more than a third from the same period last year, in an upswing expected to continue as international tourism flows return to pre-Covid-19 levels.   ...

Cambodia have imported oil and gas products worth $3.38 billion in the first 11 months of 2022, up almost 58 percent over the same period last year, a report from the General Department of Customs and Excise said on Monday. ...

Cambodia’s aim to become an automotive parts manufacturing hub, making a wide range of low-to-medium complexity components for export, is an important part of its plan to diversify the economy and also to offset the impact of the Covid-19 pandemic on the traditional key sectors, ...

Cambodia has unveiled plans to expand the automotive and electronics sectors in the next three years by pumping more than $2 billion into the industries, generating about 26,000 new jobs. ...

Following an investigation of alleged illegal logging by Vietnamese Company 72 in Ratanakkiri’s O’Yadav district forests yesterday morning, provincial Forestry Administration officials claimed nothing seemed awry. Four villagers patrolling the forest at the border of Vietnam reported they had seen six Vietnamese loggers with two tractors, ...

Cambodia is falling short of the full liberal democracy enshrined in its Constitution, the government is becoming increasingly intolerant to constructive criticism and judicial, parliamentary and electoral reforms have been slow to take effect, according to U.N. human rights envoy Surya Subedi’s latest report on ...

Overdependence, coupled with loans and the cost of maintaining infrastructure, could leave Cambodia in a “debt trap” to China, an expert said Tuesday, as Cambodia’s Prime Minister Hun Sen prepares to attend a summit in Beijing on Chinese President Xi Jinping’s sweeping Belt and Road ...

The Senate yesterday passed an amendment on a law regulating mineral resources management and exploitation in a bid to regulate the mining sector and punish offenders. The Senate issued a statement yesterday, saying that the amendment was adopted unanimously by all senators. ...

The Swiss government will provide $6 million for demining work in Cambodia from next year to 2025, which is the year the Kingdom targets to become mine-free. Ly Thuch, Cambodian Mine Action Authority vice president, met with Lars Buechler, a representative of Swiss Development and ...

The Ministry of Industry and Handicrafts (MIH) has started a laboratory and a department to check on the quality and safety of local products to be exported, state news agency AKP reported yesterday.   ...

Cambodia is looking at a delayed onset of the rainy season, with experts and government officials having raised concerns of a prolonged dry season affecting agricultural production, as the Pacific weather pattern El Niño threatens to bring drought-like conditions. Ngin Chhay, director of the Rice Department ...

Cambodia will benefit through reforms and investments in technical and vocational education and training (TVET) combined with private sector participation with a new $100 million loan from the Asian Development Bank (ADB). ...

The Ministry of Labour and Vocational Training has urged young people to promptly register for courses at technical institutes throughout the country. The move follows the government’s official announcement of a national programme on technical and vocational training for 1.5 million young individuals from impoverished ...