The Cambodian economy is projected to grow by 6.4 percent in 2024, up from 5.5 percent in 2023, mainly driven by tourism and manufacturing sector, National Bank of Cambodia (NBC)’s Governor Chea Serey said on Friday. ...

In an effort to stimulate US$5 billion in trade between Cambodia and Vietnam by 2015, the Vietnamese Trade Fair will be held at the Diamond Island Convention and Exhibition Centre from September 21 to 25. Cambodia’s Prime Minister Hun Sen and Vietnam’s Prime Minister Nguyen Tan ...

Cambodia has moved up 27 places on a biennial World Bank list that ranks the ease of importing, exporting and transporting goods in different countries. Cambodia was ranked 101 out of the 155 countries included in the World Bank’s report titled Trade Logistics in the Global ...

Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...

Phnom Penh commuters fed up with navigating the city’s increasingly busy streets will have a chance to test a new public bus service beginning in February. Phnom Penh Municipality spokesman Long Dimanche yesterday confirmed a one-month trial of a bus service along a 7.5-kilometre route running ...

The Cambodian government has budgeted $3.5 million for tourism-related advertising and promotions in 2014, Minister of Tourism Thong Khon said yesterday. “This year the budget has reached $3.5 million dollars, half of the total budget for the ministry as we will host PATA Travel Mart 2014,” ...

Cambodia was the only country in the Greater Mekong subregion to have increased its rate of exports following the 2008 global financial crisis, thanks largely to garments accounting for the majority of its manufacturing exports, a new report has found. The Greater Mekong 5 – Cambodia, ...

A sharp reduction in travel and production output, because of COVID-19 along with several government measures has seen Phnom Penh record a “good” level of the pollutant PM2.5 in its atmosphere, according to independent data sourced by IQ Air.​ ...

The Environment Ministry estimates that the total PM2.5 (fine particulate matter) emissions by 2030 will reach 98.5 thousand tonnes of black carbon and various short-lived climate pollutants (SLCPs) that have a common source, so measures to reduce air pollution must be implemented now. ...

The Battambang Provincial Election Commission has rejected the Candlelight Party (CP)’s 19 complaints relating to the closure of polling stations during the 5th-mandate commune council elections on June 5. ...

Prime Minister Hun Sen reminded the public of the importance of employing preventative measures against the Covid-19 virus. A new variant, XBB.1.5, was recently identified, although no cases have yet been detected in the Kingdom. ...

With the Omicron sub-variants BA.4 and BA.5 spreading faster than the previous omicron variants, the Ministry of Health renewed its calls to the public to remain on high alert and protect themselves against the virus. ...

The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian Development Bank (ADB), World Bank (WB) and International Monetary Fund (IMF). ...

Norwegian energy firm Eltek on Thursday demanded $5 million it is owed from bankrupt telecommunications company Mfone by the end of October and blamed the court and the government for stalling payment. During a meeting at Mfone’s headquarters in Phnom Penh’s Boeng Keng Kang III commune, ...

The World Bank has warned that the rapid growth of lending by Cambodia’s Banks is still a concern, despite a recent slow-down in credit disbursals. “Credit growth, which has been driven largely by wholesale and retail financing, and starting in 2011 agriculture financing, has eased to ...

Tax revenue increased 9.5 percent to $353.46 million in the first quarter of the year, compared to the same period last year, according to a statement released Friday by the Ministry of Finance’s general department of taxation. Kong Vibol, general director of the taxation department, said ...

Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for ...

Unless Cambodian exporters find new routes to China, a proposed doubling of bilateral trade to US$5 billion by 2017 would mean little more than increased Chinese goods and investment flooding into the Kingdom. Chinese investments and imports dominated bilateral trade with Cambodia, which was worth about ...

Thousand of families that stand to be evicted when construction work on the Lower Sesan 2 Dam begins in 2014 will each receive a 1-hectare plot of land for a home as well as a 5 additional hectares for growing crops, provincial officials said yesterday. Provincial ...

CAMBODIA will have direct flights to all ASEAN member states this year in order to promote stronger growth of the tourism sector in the Kingdom, according to the Ministry of Tourism. Minister of Tourism Thong Khon said Cambodia will become fully connected to the ASEAN region ...