Rapid credit growth – increasingly financed by bank flows from abroad – poses significant risk to Cambodia’s economy and requires prudential policies to cool lending and reduce exposure, the International Monetary Fund (IMF) warned in a report released yesterday. It said while Cambodia’s short-term economic ...

More than 100 family representatives yesterday filed complaints at Ratanakkiri Provincial Hall and the Interior Ministry, claiming that requests to be issued with identity cards so they could vote in upcoming elections were denied by local police officials. ...

Cambodian officials and Japanese airline All Nippon Airways discussed on Friday the possibility of starting a direct flight between the Kingdom and Japan next year, in a bid to facilitate the increase in bilateral business and investment transactions, according to a State Secretariat of Civil ...

Employers in the Kingdom need to draw up more contracts with their young workers to keep them from being exploited and left in the dark in case of a dispute, a youth NGO urged yesterday. ...

An obscure Malaysian company has obtained approval from Cambodia’s Council of Ministers to develop hotels and casinos in Sihanoukville, with an online promotional video claiming the firm will transform the coastal city into the “Macau of Southeast Asia.”     ...

The insurance industry in Cambodia reported a 38-percent increase in gross premium in the first quarter of 2016 over the same period last year, the Insurance Association of Cambodia (IAC) said on Sunday. ...

Nearly four months after the Ministry of Commerce implemented a fuel-pricing mechanism that lowered prices at the pump to reflect the fall in the global commodity last March, petrol prices have inched back up to pre-intervention levels. ...

The President of the Cambodia Chamber of Commerce (CCC), a leading organization representing the private sector in the Kingdom, has urged Malaysian investors and businessmen to invest in and do business with Cambodia to forge a stronger relationship between the two Asean states. ...

Sixty illegal Vietnamese and Chinese laborers were arrested in Kampot province yesterday. ...

The government has proposed slugging shoppers 500 riel for plastic bags in a bid to reduce environmental pollution. A draft prakas on plastic bags that would include the fee was reviewed yesterday in a Department of Environment workshop attended by government representatives along with mall and ...

The National Bank of Cambodia released its annual report yesterday, citing strong growth in 2015 despite challenging economic circumstances caused by a Chinese economic slowdown, increased regional competitiveness and the appreciation of the US dollar. ...

On 5 September 2016, the Government of Japan has agreed to provide US$134,526 to PH-Japan Foundation (PHJ). The grand contract under the framework of the “Grant Assistance for Japanese NGO Projects” was signed at the Embassy of Japan between H.E. Mr. KUMAMARU Yuji,Ambassador Extraordinary and ...

Two officials from the Ministry of Tourism were found by the ministry to have taken bribes of up to $3,000 from candidates for tour-guide examinations in Siem Reap, though neither of the officials have been fired. ...

The Council of Ministers on Friday signed off on a potentially sweeping draft law that would regulate the country’s telecommunications sector, which a rights group warned in May could effectively nationalize private service providers. ...

A police official in Kompong Speu province said Thursday that the military might confront garment workers protesting the arrests of two colleagues if they did not stop demonstrating outside provincial government buildings.Around 600 workers from the Hong Kong-owned Agile Sweater factory protested outside the provincial ...

The Information Ministry announced Monday that it would push back by two months a deadline for all 17 local television stations to broadcast only Cambodian-produced content during prime time. ...

As a fickle rainy season that has seen areas of the country plagued by drought draws to a close, Cambodia’s rice production remains nearly on target, though food insecurity is still a problem for individual communities, according to the World Food Programme.The season’s slow start ...

Cambodia and Vietnam agreed to hasten the demarcation of their shared border and not allow “hostile forces” and “extremists” to threaten security during a two-day meeting in Ho Chi Minh City that wrapped up Wednesday, according to Vietnamese and Cambodian newspapers. ...

A report released on Monday by the United Nations and the Centre for Research on the Epidemiology of Disasters (CRED) shows that Cambodia’s population is among the world’s 10 most affected by natural disasters. ...

In the summer of 2013, the French government sent out an alert to health agencies throughout Europe of a spike in travelers recently returned from Cambodia needing treatment in hospitals after exposure to a rare strain of salmonella. By the fall, 34 patients in France, ...