Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising prices ...

Malaysian Prime Minister Mahathir Mohamad on Monday hailed Cambodia’s prosperity, praising its “hard-working” and “skilful” people for rebuilding the Kingdom. The 94-year-old leader was speaking to university students, government officials and diplomats at the Royal university of Phnom Penh as he began a three-day visit, ...

Following negotiations yesterday with Phnom Penh Governor Pa Socheatvong, representatives of 12 Boeung Kak community families complained that City Hall was not offering them nearly enough land to replace what had previously been taken from them. During yesterday’s meeting, City Hall offered to give the ...

Khmer Times can report that the Asian Development Bank (ADB) is proposing to provide $1.5211 billion of new funding in its updated Cambodia country operations and business plan (COBP) 2021-2023. ...

Medical workers from the Ho Chi Minh City Charity Association, donors, and authorities in, Sa’Ang district, and Cambodia’s Kandal province on June 17 gave free medical check-ups and medicines for about 800 local people. ...

The Royal Government of Cambodia is promoting the economic literacy for non-economists. An 11-day workshop on the topic was conducted recently in hybrid format by professors and experts from Crawford School of Public Policy, Australian National University (ANU). ...

FRANCE 24 has concluded a new distribution agreement in Cambodia and launched on ONE TV’s Digital Terrestrial Television (DTT) offer. FRANCE 24, French version, is now available 24/7 on channel 19 of the ONE TV basic offer, for 3 dollars per month (2,29 Euros). FRANCE 24 is ...

Every day for weeks on end, 6-year-old Srey Nuch was tormented by severe pain caused by several of her teeth rotting away. Her mother, Lay Vicheka, despaired when she heard her daughter’s cries, knowing the family was far too poor to pay a dentist to fix ...

A group of about 30 families in Koh Kong province’s Botum Sakor district said yesterday that they would continue to resist attempts to evict them in order to make way for a Chinese mega-tourism project, unless authorities improve their compensation offer. Villager Prum Sann said the ...

Tiger Airways inaugural flight from Singapore to Cambodia touched down at Phnom Penh International Airport yesterday morning, making the low-cost carrier the 21st airline to offer daily flights to the capital. Mao Havanall, secretary of state at the State Secretariat of Civil Aviation, said yesterday ...

Trading on Cambodia’s stock exchange has begun for the first time after a state-run company completed its initial public offering. Some 13 million shares of the state-run Phnom Penh Water Supply Authority were offered at 6,300 riel ($1.57) per share. The stock exchange was officially launched in ...

A year ago, getting to Sihanoukville required perseverance and a certain degree of bravery. There had been no flights to Cambodia’s premier beach resort for years — at least no scheduled services — and cruise ships docking here were few and far between Following years spent ...

It will not be enough for Apple to simply offer a cheaper iPhone for the company to gain share in the competitive Cambodian smartphone market, according to industry insiders. They say Apple’s operating system, iOS, may also restrict their potential growth. Bloomberg last week reported that Apple ...

Despite receiving applications from banks looking to enter Cambodia’s market, the central bank has said it will offer no more commercial banking licenses as the market already has enough players. The decision appears to follow advice offered by the International Monetary Fund earlier this year that ...

Fifty families who have lived in squalid conditions at Borei Keila in the capital’s Prampi Makara district since they were evicted and their homes destroyed have accepted City Hall’s offer of temporary shelter at the site, their representatives said yesterday. Evictee Sar Son said the 50 ...

Generally, funds can be obtained from banks and other financial institutions, fund management companies, family members, friends or a securities market by issuing equity and/or debt securities. This article will outline the requirements, mechanisms, procedures and approval for the public offering of equity securities. ...

High school and university students, considered particularly at risk of road accidents, may soon be taking lessons on the new traffic law if a proposal from the Transport Ministry comes to fruition. Tram Iv Tek, minister of public works and transport, yesterday said that the government ...

Cambodia has made great strides in recent years, both in terms of economic growth and key health indicators like life expectancy and infant, child and maternal mortality rates. The country reached lower-middle income status in 2015 and was advancing steadily toward Universal Health Coverage (UHC) ...

The governor of Phnom Penh’s Chroy Changva district Wednesday ordered the private firm heading a $3-billion real estate project on the peninsula to temporarily stop pumping sand onto land being contested by about 40 local families, but urged the families to reconsider the compensation on ...

A senior official of the Cambodian government on Saturday welcomed Chinese Premier Li Keqiang’s pledge of 3.09 billion U.S. dollars aid to the Greater Mekong Subregion (GMS) member countries, saying the offer is essential for socio-economic development and poverty reduction. The offer includes 1 billion ...