For more than a year, mystery has shrouded a museum in Siem Reap. The facts have been few and the details sparse. What’s known is that a North Korean company invested about $10 million for construction, and that artists from the hermit kingdom flew in ...

Cambodia expects to attract more investment from India after an agreement on trade and investment was made by all ASEAN leaders last week in New Delhi. Officials said India would become a potential market for Cambodia. The agreement will encourage Indian investors to invest in ASEAN ...

The Ministry of Mines and Energy has announced a 2023 target date for the electrification of the Kingdom’s rural villages. Victor Jona, director-general of energy and spokesman for the Ministry of Mines and Energy, said the 2023 target date will see electrification having been delivered ...

As Cambodia and the rest of the world move to revive tourism, Pan Pacific Hotels Group (PPHG), a member of Singapore-listed UOL Group Ltd, plans to open two developments in the Kingdom over October-December 2023, in Phnom Penh and Siem Reap. ...

The unemployment rate in Cambodia is expected to reach 2 percent by the end of 2022, according to Trading Economics global macro models and analysts’ expectations. In 2023, Cambodia’s unemployment rate is projected to trend around 2 percent and 0.90 percent in 2024, according to ...

Tax revenue in 2023 is expected to achieve 107.5 per cent of the 2023 Law on Financial Management, though the projection is lower than the collection achievement last year. ...

The General Department of Taxation has reminded all vehicle owners who have not yet fulfilled their tax obligations to submit their tax returns by November 30, 2023, along with their ID cards, identification vehicles, and vehicle technical inspection certificates issued by the Ministry of Public ...

The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...

Cambodia received more than 2.16 million international visitors during the first five months of the year, representing 75 per cent of numbers recorded in the same period of the pre-pandemic year of 2019. Minister of Tourism Thong Khon said the ministry hopes to see the ...

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). ...

The General Department of Taxation (GDT) of the Ministry of Economy and Finance collected some $300 million as tax income in the first month of 2023, up 4.29 percent compared to that of December 2022. ...

Cambodia attracted some 5.43 million international tourists in 2023, a sharp increase of 139 percent from 2.27 million in 2022, the Ministry of Tourism pointed out in a report on Friday. ...

The number of new businesses that registered in the first eight months of the year increased 33% to 2,105 compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Officials said that many of the registrations between January and ...

Golden Fortune Securities, a Cambodian-Chinese joint venture and the Kingdom’s second securities dealer, officially opened its doors yesterday. The company was the most recent of Cambodia’s 13 licensed dealers, brokers and underwriters to launch operations. A date for company listings, or actual Cambodia Securities Exchange operations, was ...

Crocodile farmers in Siem Reap are turning away from the export of hatchlings to Vietnam, choosing instead sell the reptiles for their skins. Luon Nam, president of the province’s Crocodile Feeding Association, said yesterday the reliance on Vietnam was an unsustainable strategy for the industry. Any change ...

The Pacific Asia Travel Association (PATA) launched its Cambodian chapter on Friday in the hope of further promoting the country’s second-largest sector by revenues. The sparsity of air routes to Cambodia was one of the main obstacles to the Kingdom’s tourism growth, PATA Cambodia chapter president ...

Myanmar Airways International (MAI) is slated for a November 2 launch of bi-weekly flights between Phnom Penh and Myanmar’s economic hub and former capital, Yangon, Cambodian Aviation officials said yesterday. The flights – on 162-seat A320 jets – will transfer in Siem Reap before continuing on ...

Cambodia signed a Memorandum of Understanding on Friday with Brazil, the largest Latin American economy, to boost cooperation in areas that include agriculture, technology and diplomatic ties, officials said. The MoU was signed at the Ministry of Foreign Affairs by secretary of state Ouch Borith and ...

Prime Minister Hun Sen’s call on Tuesday to strengthen cooperation among ASEAN members to protect the rights of migrant workers echoed recent comments by rights groups who say further protections are necessary as the 2015 deadline for an integrated economic community looms. As that deadline approaches, ...

After winning what is said to be a landslide victory in Sunday’s polls, caretaker Prime Minister Hun Sen announced on Thursday that new members to the National Assembly would be confirmed, and a new government created by the third week of September. However, a leader ...