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 ...

Counting money. Photo by Aaron Gilson, taken on 5 April 2013. Licensed under CC BY-NC-ND 2.0.Cambodia re-opened for international trade in the 1980s, opened up to foreign investment in 1994, joined ASEAN in 1999, and became a member of the WTO in 2004. Its bilateral ...

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Barcamp ASEAN 2018 took place on October 20-21, at Institute of Technology of Cambodia (ITC), Phnom Penh, Cambodia. This BarCamp ASEAN 2018 broke the world’s largest BarCamp record having over 8,000 participants, 60 exhibitors, over 95 speakers on 85 topics and 1,000 companies and organizations. ...

Cambodian animals are state property under Article 48 of the Forestry Law of 2002. This places the Forestry Administration (FA) in charge of research programs and conservation duties. The FA carries this out through its Department of Wildlife and Biodiversity. Conservation programs in the field ...

Around three quarters of Cambodia’s population depend on agriculture, forest products and fisheries for their livelihoods, so the management of the environment and natural resources is of great importance. Deforestation has occurred on a large scale. Cambodia lost six percent of its remaining primary forest ...

In Southeast Asia, Cambodia is one of the countries rich in natural resources—gemstones, gas, oil, phosphates, manganese, iron ore and timber.150 Since the early 2000s, many companies like Thailand’s PTT, Petro Vietnam and China National Offshore Oil Corp (CNOOC) have searched for possible oil reserves ...

In December 1994, the United Nations decided that the International Day of the World’s Indigenous Peoples (IPs) shall be celebrated on August 09 every year. That date marks the day of the first meeting of the UN Working Group on Indigenous Populations in 1982. People ...

By definition, Vocational education refers to the program that enables people to acquire highly transferable and development skills. It also grants people the necessary technical skill for their desired career.194 Cambodia’s vocational education plays an important role during the country’s economic structural transition and the ...

Cambodia is struggling to safeguard its forests while preserving economic growth since many people make a living via farming, logging, and other activities that might lead to deforestation. Almost 80% of Cambodians living in rural regions rely on forests for survival. On the other hand, ...

The 2030 Agenda was developed to reflect that “the international community has made significant strides towards lifting people out of poverty (). However, inequality still persists and large disparities remain in access to health and education services and other assets”. 296Although the number of people ...

Cambodia relies heavily on its groundwater resources to overcome water shortages during the dry season. More than half of the population depends on it when enough surface water is not available. At a certain depth, the ground is saturated with water, and the upper surface ...

Although there is currently no commercial-scale production of gold carried out in Cambodia, exploration by many companies is underway, with some promising find reported. Subject to government approval, commercial production could begin in 2016 or 2017. Gold is found in a number of ...

Access to information and open budgets is the first component of the Implementation Plan for the Social Accountability Framework (I-SAF).360 The other three components are citizen monitoring, facilitation and capacity building, and learning and monitoring.361 Three types of local services providers are at the focus: ...

Article 68 of Cambodia’s Constitution states that the Government shall provide free primary and secondary education for all citizens and each individual shall pursue basic education for at least 9 years. Education is a fundamental engine of social and economic development for a country, especially ...

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 ...

Between 2010 and 2018, 73 people have been victims of extra-judicial violence, more commonly referred to as “mob justice” or “mob killings” and these acts of violence resulted in 57 deaths and 16 wounded.472 Those figures are considered by experts to be largely underestimated due ...

The Royal Government of Cambodia (RGC) represents the executive wing of government. It is responsible for implementing laws and directing general affairs of the state in accordance with policy programs and state planning approved by parliament (the National Assembly and Senate). ...

Ministry of Foreign Affairs and International Cooperation. Photo taken from the ministry’s Facebook Page, taken on 23 August 2023.EstablishmentUnder Royal Decree No. NS/RKM/0196/10, the Ministry of Foreign Affairs and International Cooperation (MFAIC) was formally established on 24 January 1996. The ministry has a total of ...

For most of the 21st century, Cambodia has enjoyed significant economic expansion, moving from a period of political turmoil to emerge as one of the fastest-growing economies in the world. Cambodia achieved lower-middle-income status in 2015, largely as a result of free-market reforms, the introduction ...