At least 2 hectares of flooded mangrove forest in Koh Kong’s Peam Krasaop Wildlife Sanctuary have been filled in with sand from illegal dredging nearby, with local authorities and an NGO yesterday claiming an unidentified “powerful” tycoon was behind the environmental crimes. ...

The National Bank of Cambodia (NBC) was established through the Law on the organization and conduct of the National Bank of Cambodia in 1996.1 NBC is the nation’s central bank, whose mission is to determine and direct the monetary policy in order to maintain price ...

Cambodia is still a way off implementing World Trade Organization (WTO) rules on intellectual property rights, despite a deadline to do so in just over a month. At the end of June, the group of the world’s 49 least developed countries (LDCs), including Cambodia, run out ...

Cambodian’s will soon be able to make near-instant payments via a new blockchain payment platform being launched under a system called Distributed Ledger Technology (DLT) that will “ultimately undermine the popularity of the US dollar”, according to the Kingdom’s central bank director. ...

Chea Serey, the daughter of National Bank Governor Chea Chanto, has been promoted to director-general of the central bank, she confirmed this week. Ms. Serey will replace Nguon Sokha, who said that she left the National Bank about a month ago after being appointed as a ...

A seven-year-old boy and his three-year-old sister from Cambodia’s northeastern Kratie Province died from H5N1 human avian influenza on Friday bring the death number of the cases to three so far this year, a health official confirmed Wednesday. H5N1 influenza is a flu that normally ...

Cambodia’s beaches and temples saw an increase in local and foreign tourists during the three-day Lunar New Year celebrations, according to figures released by provincial officials. Siem Reap, home to the world-renowned Angkor Archaeological Park and a major tourist destination, received around 69,200 visitors, an increase ...

Digitising payments could bring substantial cost savings for micro-, small-, and medium-sized enterprises (MSME), not only by simplifying cash management processes but also reducing potential opportunities for misappropriation or corruption, according to the central bank chief. ...

Cambodia’s central bank, the National Bank of Cambodia (NBC), is set to launch a faster and more efficient cross-border payment system between Cambodia and India. The initiative will mark a significant expansion of Bakong’s reach, fostering economic activity between the two nations. ...

In January, officials broke ground on the new $4 million headquarters for the Cambodia Securities Exchange. Situated along a northern stretch of Freedom Park, a short skip from Wat Phnom, the French colonial-era building is a suitable home for the two-year-old bourse, which now operates ...

Minister of Agriculture Chan Sarun announced yesterday that the government would establish its first one-stop service office for rice millers and exporters by the end of the month. The announcement comes two months after Hun Sen signed off on the idea, which is meant to cut ...

The State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) held a bilateral meeting in Phnom Penh, Cambodia on September 16 to exchange and share experiences on macroeconomic management, especially in finance and banking. ...

A report from the General Department of Taxation (GDT) released on Wednesday showed that the department collected $2.183 billion in taxes, while Prime Minister Hun Sen on the same day announced that $2.384 billion in customs and excise duties was collected during the period. GDT ...

The Poipet Airport development project, which had been abandoned for more than 10 years, will resume construction in 2020 as the city welcomes more Chinese, say provincial authorities. Hotel and casino investment firm Holiday Palace began construction of the airport in 2007 and had already ...

Rights group Licadho has called on the government to make available statistics on the full extent of economic land concessions (ELCs) in response to data collected by the organisation over five years. ...

The number of traffic fatalities during the 2015 Pchum Ben festival was nearly the same as last year’s, dropping just three percent.34 people were killed in road crashes between October 10 and 12, one fewer than the 35 killed during the three-day holiday in 2014. ...

With the government placing tourism at the center of efforts to diversify and grow the country’s economy, a French development organization launched a project on Tuesday to encourage companies operating in the sector to comply with labor laws. ...

Australian scientists have made a significant breakthrough in tackling malaria, one of the world’s deadliest diseases.Research led by the University of Melbourne, in conjunction with Stanford University and the University of Cambridge, has discovered compounds which can target the parasite present in the mosquito-borne virus. ...

The National Election Committee (NEC) has received more than 500 applications in the first month of registration for commune election observers, according to a statement released on Wednesday. ...

Labor dispute complaints in the garment and textile sector declined last year compared with 2015, according to the Arbitration Council, which attributed the drop to the Trade Union Law. ...