The COVID-19 pandemic has hit global and Cambodia’s economies hard, having a spillover on the stability of the banking system. Banks and financial institutions have continued to provide services to customers, which can be seen through the rise in the number of depositors’ accounts to ...

A trained medical staff listens to the heartbeat of an infant at 16 Makara hospital in Preah Vihear, Cambodia. Photo by The World Bank, taken on 30 January 2013. Licensed under CC BY-NC-ND 2.0.Social development addresses profound social problems,29 especially poverty, unemployment and social exclusion, ...

The law-making process is about making and enacting new laws or revising existing laws.In the Kingdom of Cambodia, three institutions can initiate the law-making process: any member of the National Assembly, any member of the Senate and the prime minister. 96 Most of the texts ...

Arbitration Council in session, Cambodia. Photo by ILO (Asia and the Pacific), took on 8 June 2012. Licensed under Attribution-NonCommercial-NoDerivs 2.0 GenericThe Arbitration Council was established by the 1997 Labor Law. However, the Arbitration Council just opened its doors to serve employers, employees, workers and ...

Cambodia’s extractive industries have traditionally operated on a small scale, mostly mining construction materials, gold or gemstones. While commercial production of minerals or oil has yet to begin on a large scale – these products made up just 0.1% of the country’s exports in 2016154 – ...

Deforestation has been one of the most significant changes the Cambodian landscape has undergone in recent decades. Key drivers of this process have been land concessions and subsequent land conversion, and large-scale illegal logging. ...

A Special Economic Zone (SEZ) is a defined area within a country that is subject to different laws and regulations than other areas of the country. These comprehensive industrial areas provide preferential incentives to investors and offer government import-export administrative support to facilitate trade. Though ...

The legal framework surrounding land sales and transfers was obliterated by the 2007 Civil Code, leaving little legal guidance. Forced land sales and distress sales are a substantial cause of land tenure insecurity in Cambodia. They are a significant cause of landlessness, and it is ...

Construction on a Phnom Penh tower block. Photo by Axel Drainville, taken on 4 May 2011. Licensed under CC BY-NC 2.0The construction industry has boomed in Cambodia. From 2000 to November 2018, Cambodia’s Ministry of Land Management, Urban Planning and Construction approved 43,136 construction projects representing ...

The protection of Cambodian forests is primarily the responsibility of the Ministry of Agriculture, Forests and Fisheries (MAFF) and the Ministry of Environment. There are, however, many non-governmental organizations (NGOs) working in the area, from United Nations (UN) agencies and other global bodies to locally-registered ...

The Royal Government of Cambodia has acknowledged the potential of the tourism industry as a source of Cambodia’s socio-economy growth, including job creation and poverty reduction. Tourism has been considered one of Cambodia’s key economic pillars, both international and domestic. In the early 2000s, the ...

The 7th National Consultation Workshop on the Draft of the Environment and Natural Resource Code of the Kingdom of Cambodia. Photo by Open Development Cambodia, taken on 22 March 2018. Licensed under CC BY-SA 4.0.With 76% of its people living in rural areas,317 Cambodia holds ...

In 2003, a national sector review for hydropower was prepared by the Ministry for Industry, Mines and Energy (now Ministry of Mines and Energy) and the Cambodian National Mekong Committee (CNMC). This report identified 60 possible sites for hydropower development in Cambodia and estimated the ...

Deforestation has always been a problem in Cambodia since the 1970s, and it has aggravated in​the last decade. Some protected areas have been deforested. Between 2001 and 2018, Cambodia had lost 557,000 hectares (11.7%) of forest cover in protected areas.388 This loss has had an ...

Cambodia is a constitutional monarchy. According to the 1993 Constitution, although he is the head of state, the king has very limited powers compared to the prime minister, the head of the government. Unlike the 1947 Constitution, power does not come from the king but ...

Students gathering around 3D printed models at a construction expo in Phnom Penh. Photo by ARC Hub PNH, taken in December 2014. Used with permission from ARC Hub PNH.Cambodia has achieved considerable economic and social progress in the last few decades, but the country does ...

Cambodia has a large number of United Nations agencies, international and national non-governmental organizations (NGOs) engaged in humanitarian, rehabilitation, and development initiatives as well as disaster risk reduction and disaster management.Under the Law on Disaster Management (2015), Article 32, if the National Committee for Disaster ...

Bird eye view of a local market in Phnom Penh. Photo by Roberto Trombetta, taken on 8 May 2015. Photo licensed under Creative Commons Attribution-NonCommercial 2.0 GenericThe development and administration of Cambodia’s urban areas has struggled to keep pace with urban population growth. For example, ...

According to the Annual supervision report 2020 by the National Bank of Cambodia (NBC), the key bodies in the banking system consists of:51 commercial banks12 specialized banks75 microfinance non-deposit taking institutions6 microfinance deposit-taking institutions245 rural credit institutionsIn addition, there are financial leasing companies, third-party processors, ...

Garment workers waiting in line to get food. Photo by International Labour Organisation, taken on 14 July 2015. Licensed under CC BY-NC-ND 2.0.Cambodia has the highest labor force participation rate in the Southeast Asia/Pacific region, with 82.7 percent of the working population aged 16-64 employed ...