Prime Minister Hun Sen yesterday pledged to start a new bank with an initial capital of $100 million to provide financing for small and medium enterprises (SMEs), with industry players saying its success hinged on whether concessional or low interest rates could be provided to ...

Four new Cambodian cement factories are set to come online in the near future, tripling the number of local producers, but insiders and officials this week maintained that even increased capacity will not significantly lower rates of cement imports to Cambodia due to prevailing high ...

The Securities and Exchange Commission of Cambodia (SECC) has decided to slash transaction fees on derivative trading, a move the SECC claims will help spur future trades. ...

Officials from the Preah Vihear provincial Land Management Department and Rovieng district yesterday inspected a piece Of land at the centre Of a dispute between gold mining company Delcom and 56 families following a petition the families filed last month at the Ministry Of Land ...

Starting on April 1, the Electricity Authority of Cambodia (EAC) will continue to bring down the cost of electricity for households and enterprises in Phnom Penh and a number of provinces, according to a recent announcement by the agency. In a statement released earlier this month ...

The government has set May 20 as a National Day of Remembrance, an official national holiday to commemorate the victims and suffering that occurred during the Democratic Kampuchea regime. According to a government sub-decree signed by Prime Minister Hun Sen on February 14, the holiday was ...

Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. ...

The Cambodia Chamber of Commerce (CCC) and China Foreign Trade Center on Tuesday signed a cooperation agreement with the aim of exchanging business and investment information between the two countries. CCC director-general Nguon Meng Tech told Khmer Times yesterday after the agreement signing that both sides ...

A slow growth in tourism, and a slowdown in the logistics and real estate sectors could cumulatively have a knock-on effect that will threaten the overall growth of the country’s services sector, a report from the Ministry of Economy and Finance said yesterday. ...

Speakers at a government forum held yesterday on macroeconomic management and the 2017 budget law said Cambodia’s strong economic growth has been largely unscathed by China’s slowdown, though clouds were forming on the horizon. ...

The rainy season will start in the first week of May, with heavy rain, storms and thunder, the Water Resources and Meteorology Ministry predicts. Some areas on the plains face high risks from heavy rain in the middle of the season. ...

The Kingdom’s investment authority signed an agreement yesterday to promote and protect investments between the United Arab Emirates (UAE) and Cambodia, a move government officials hope will attract foreign direct investment from the oil-rich Gulf state, which currently stands at almost zero. ...

Cambodia and Bangladesh announced a potentially massive rice deal yesterday that would deliver up to 1 million tonnes of local rice to the South Asian nation over the next five years, provided they agree on the pricing terms. ...

The investor in Cambodia’s first large scale marine fish farm project in Preah Sihanouk province, that was approved by the Council for the Development of Cambodia (CDC) in April, has been asked to submit an environmental impact assessment study to the Ministry of Environment before ...

In 2017, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) collected about 371 billion riel (about $ 92 million) in revenue last year, according to a report from the ministry. The income from taxes on property transfers alone collected by the General Department ...

The Ministry of Justice today confirmed that a proposed lèse majesté law would be among a series of legal amendments considered by the Constitutional Council on Friday. ...

Authorities suspect that a new case of H5N1, or bird flu, has emerged in Mondulkiri province after more than 60 villagers’ chickens fell ill.Sok Kheang, chief of the provincial agriculture and fisheries department, said more than 60 chickens in Keo Seima district had fallen ill ...

The National Budget 2017 was approved on Friday by the Council of Ministers, with a government expenditure of about $5.04 billion. This represents an increase of about 15.6 percent compared to the 2016 budget of $4.36 billion, according to a government statement. ...

Cambodia last year recorded around 900,000 Chinese tourist arrivals and the kingdom is on track by 2020 to host about seven million foreign tourists, with two million of them coming from mainland China, according to the Tourism Ministry yesterday. ...

Cambodians can expect up to 14,000 tons of fish caught from the Tonle Sap, Mekong and Bassac rivers this year, a 5,000 ton increase compared with last year, which will be sufficient to meet all local demand, said the Ministry of Agriculture, Forestry and Fisheries ...