The National Bank of Cambodia (NBC) said the Kingdom’s economic growth stagnated in the first half of the year due to the impact of the COVID-19 pandemic and forecast that the country’s GDP would contract 1.9 percent this year. ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has continued to promote the local development of cashew nuts, saying the crop has the potential to help the country achieve its aim for 12 percent growth in agricultural exports by 2025. ...

On 22 August 2020, the Ministry of Foreign Affairs and International Cooperation issued a press release regarding the outcome of the official visit of His Excellency MOTEGI Toshimitsu, Minister for Foreign Affairs of Japan to the Kingdom of Cambodia on 21-22 August 2020.  ...

The government has taken the opportunity of the COVID-19 crisis to develop agriculture, while the garment and tourism industries, which are the Kingdom’s economic pillars have been hit hard by the pandemic. ...

China has given the green light for five new companies to invest in Cambodia’s yellow banana plantations. Industry insiders said they are optimistic that yellow banana exports to that country will double in 2020. The approval of the five companies brings the total number of ...

On 03 August 2020, the Ministry of Justice issued a press release informing the public and the international community about the implementation of legal measures against Rong Chhun in connection with incitement to cause serious social unrest. A spokesperson for the Ministry of Justice called ...

The Kingdom’ construction sector has created more than 170,000 jobs in average per day across the country in the first half this year, an increase from 134,000 compared with the same period last year, according to figures from the Ministry of Land Management, Urban Planning ...

On 27 July 2020, Preah Sihanouk Provincial Department of Environment issued a press release to inform the national, international and public media that the Preah Sihanouk Provincial Administrative Unity Force in cooperation with the Preah Sihanouk Municipal Administrative Unity Force and the Rangers of Preah ...

The number of companies registered via the government’s new online business registration system was confirmed as 287 as of July 29, while 323 companies are pending approval, according to data from the Ministry of Economy and Finance (MEF). ...

Prime Minister Hun Sen will participate in the 3rd Mekong-Lancang Cooperation (MLC) Leaders’ Meeting, to be held via video conference on August 24. ...

“Within almost a four-month period as of October 2, 2020, we received a total of 1,793 applications, 1,367 of which have been approved and 426 of which are under review. The average number of days it takes to register a company is eight,” said Undersecretary ...

The Ministry of Interior is warning citizens not to take part in social justice protests.​ It issued a press release on Monday saying members of the groups Khmer Thavrak and Mother Nature Movement had been carrying out activities not registered at the ministry, which is required ...

A lot of young Cambodian adults now want to operate their own business rather than working for others. This trend has been rising year-on-year because they think working for themselves would help them become rich rapidly. ...

A new non-banking financial services draft law designed to combine all non-banking regulators has been sent for legislative approval by Prime Minister Hun Sen during his most recent council of ministers meeting. ...

In 2020, the agriculture sector continues to play a significant role in the Cambodian economy, accounting for 22 percent of the Kingdom’s GDP and employing one-third of the Cambodian workforce. ...

The National Bank of Cambodia (NBC) has announced a $50 million auction this week to stabilise the local currency exchange rate in the market. The NBC has informed banks, microfinance institutions (MFIs) and licensed money exchangers that the minimum rate for auction will be announced ...

Two energy investment projects were officially inked here yesterday to expand electricity access in Cambodia, according to the Ministry of Mines and Energy. ...

The Covid-19 crisis prompted the government to develop new policies that would reinforce agriculture practices and animal husbandry to ensure adequate food supplies for the Kingdom. ...

The Ministry of Agriculture, Forestry and Fisheries is investigating whether a tycoon has the right to occupy more than 400ha of flooded mangrove forest in the Chrolong community area in Teuk La’ak commune in Preah Sihanouk province’s Prey Nop district. ...

On 15 December 2020, the Ministry of Posts and Telecommunications issued a public notice of Telegram attacks that has been remarkably happening. The hackers carried out attacks in the form of impersonating government leaders or other individuals to transmit viruses through program messages Telegrams to ...