The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...

The Wonders of the Mekong project and the National Fisheries Administration – in collaboration with the Fisheries Administration in Stung Treng province – released 100 endangered fish into the Mekong River on May 16, said a Fisheries Administration official. ...

Agriculture minister Dith Tina asked Yaron Tamir, the CEO of Israeli agricultural capacity-building company Agrostudies, to examine the possibility of importing Cambodian agricultural products into Israel. ...

The total number of companies enrolled through the Online Business Registration System (OBRS) via IT Platform phase I – commonly known as Single Portal – had reached almost 34,000 as of February 25, as reported by OBRS. ...

Senior officials from the Ministry of Foreign Affairs and International Cooperation of Cambodia and Foreign Affairs and Trade of Australia have co-chaired the fourth Senior officials Talks (SOTS) between the two countries. ...

The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include the third phase of Embedding Financial Literacy into the school curriculum to raise awareness and improve student capability in financial management as the economy evolves. ...

Cambodia is mulling Double Taxation Avoidance (DTA) deals with seven countries, naming the Philippines, Laos, Myanmar, France, Japan, Morocco, and the United Arab Emirates, the General Department of Taxation (GDT) said in a press release last week. ...

 The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...

Svay Rieng Provincial Court officials are investigating an employee of the Ministry of Interior who is accused of fraudulently selling his land to someone and not honouring the deal. Ros Sithan, a logistics department officer at the ministry, was arrested on the evening of September 28, ...

A national legal aid system is imperative and must be established to offset a widening gap between those who can afford justice and those who cannot, the representative for the U.N.’s office of the High Commissioner for Human Rights (OHCHR) in Cambodia said on Friday. In ...

Prime Minister Hun Sen’s new Cabinet on Friday approved a 2014 draft budget of $3.5 billion, a 13 percent increase over this year’s budget, but gave no details as to how the money would be spent. The CPP also said it will go ahead with a ...

The director of a CPP senator’s sugar plantation accused of stealing land from hundreds of families said Wednesday that most locals were happy with the new jobs the plantation has generated, a week after a visiting European Union parliamentarian renewed calls for an investigation of ...

Police in Long Beach, California, said on Saturday that they had opened an investigation into the alleged assault of an American man by a bodyguard of Prime Minister Hun Sen’s son Hun Manet.   ...

Vietnam and China lead the pack of foreign companies granted economic land concessions in Cambodia for agro-industrial development by a wide margin, new data released by the Ministry of Agriculture, Forestry and Fisheries show. According to the ministry’s annual report, released last month, since 1993 the ...

More than two weeks after a ban on sending maids to Malaysia began, work on a bilateral agreement that would protect Cambodian maids working in Malaysia has not begun, officials said yesterday. Ho Vuthy, deputy director general at the Ministry of Labor’s department of labor, said ...

The Royal Government of Cambodia has deposited their instrument of ratification to the Association of Southeast Asian Nations (Asean) Framework Agreement on visa exemption for Asean nationals last week with Surin Pitsuwan, secretary-general of Asean, in accordance with the Article 8 of the agreement The agreement ...

Independent labour unions will take part in the Ministry of Labour’s Labour Advisory Committee (LAC) meeting today, possibly making their decision on next year’s minimum wage in Cambodia’s garment sector. NIFTUC and the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) considered boycotting the LAC ...

Mobile phone call promotions undercutting the government’s minimum pricing regulations are to be outlawed – again. Minimum charges will be applied to mobile phone calls from on Thursday with the return of the Telecommunication Regulator of Cambodia’s (TRC) rules on call tariffs, the regulator confirmed yesterday. On ...

A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...

Prime Minister Hun Sen yesterday announced he would be personally helping the families of 100 dead veterans every year and called on others to offer financial help, according to reports. ...