Cambodia’s exports to the United States, the country’s biggest market, were valued at about $2.8 billion last year, a three per cent rise from $2.7 billion in 2012, according to fresh statistics from the US Department of Commerce. Ken Ratha, a spokesman for Cambodia’s Ministry of ...

Cambodia has re-instated COVID-19 rapid testing for workers returning from Thailand, the Ministry of Health stated on March 29, a move to contain the spread of the new SARS-CoV-2 variants as the traditional new year festival is nearing. ...

Inflation rose to 7.2 percent in May this year in the country, the highest in the last decade, the National Bank of Cambodia (NBC) said yesterday, adding that it has unleashed a set of measures to control the inflationary pressures and protect the purchasing power ...

In the one year of his rule, Prime Minister Hun Manet laid out policies for strengthening old friendships, launched new friendships and consolidated Cambodia’s position on the international stage, especially by streamlining its economic diplomacy. ...

Cambodia is not doing enough to combat human trafficking, the United States said on Thursday, leaving the Asian nation at risk of economic sanctions unless it takes firmer action. Corruption impedes law enforcement, prosecutions and provision of services to victims, the influential Trafficking In Persons ...

A report from the General Department of Taxation (GDT) released on Wednesday showed that the department collected $2.183 billion in taxes, while Prime Minister Hun Sen on the same day announced that $2.384 billion in customs and excise duties was collected during the period. GDT ...

Unilever is looking to source 2,000 tons of organic palm sugar a year from Cambodia, a senior manager said yesterday. Monica Soy, senior external affairs manager at Unilever Cambodia, told Khmer Times yesterday that Unilever requires about 2,000 tons a year, to be exported from Cambodia ...

Garment and footwear industry, Cambodia’s largest income earner, saw a 16 percent increase in exports in the first six months of 2014, according to a commerce ministry’s report on Sunday. The country exported apparel and footwear products worth 2.92 billion U.S. dollars during the January-June period ...

Cambodia spent around $170 million to purchase vaccines for the 10 million people planned for the vaccination, in addition to the 324,000 doses of AstraZeneca/SII (COVISHIELD) via COVAX Facility and 2.2 million doses of Sinopharm donated by China. ...

Cambodia recorded about 2.42 million domestic tourists, of whom more than 2.26 million were citizens and about 160,000 foreign nationals, in the first eight months of this year. ...

With corporations in Southeast Asia reporting being swept up in tax audits while governments work to increase revenue during the pandemic, there are conflicting views regarding whether Cambodian firms are facing additional scrutiny.  ...

An NGO’s plan to build an “entire city” for the victims of a forced eviction has been backed by the Phnom Penh municipal government, with preliminary construction already under way. The $2.2 to $2.5 million project, devised by the organisation People for Care and Learning, is expected ...

Thailand’s worst floods in decades have not slowed trade with Cambodia, a Thai official in Phnom Penh said yesterday, claiming many products sought by Cambodia came from areas free of flooding. Bilateral trade between the two countries rose nine per cent year-on-year in the first nine ...

After reforms instituted in 2011, the price of international phone calls dropped subsequently. In 2011, the price cost fell from 2.76 cent in 1997 to 0.25 cent per minute for mobile phone and desk phone cost about 2.56 cent in 1997 to 0.25 cent in 2010, and 2011 respectively, the report from the ...

The  Ministry of Tourism has reported that  that the three days of the Global New Year holiday and weekend from December 31, 2021 to January 2, 2022 brought  2,002,298 domestic tourists out to traverse the country and take in the tourism sites of Cambodia. ...

The Ministry of Information is finalizing the long-overdue draft law on the access to information, known as the “A2I draft law”, as highlighted in its work direction for 2024. The draft law is currently being reviewed by the Ministry of Justice, according to documents viewed ...

Korean investors are relocating labour-intensive businesses to countries such as Cambodia after Indonesia raised its minimum wage. A number of Korean investors had closed their Indonesian factories and relocated to other countries in the region because their requests for minimum-wage exemption had been refused, The Jakarta ...

An assistant to former US president Bill Clinton said Cambodia has many potential areas for foreign direct investment (FDI) from many countries, including the US. Karen Tramontano, founder, along with Clinton, and president of the Global Fairness Initiative and CEO at Blue Star Strategies, met with ...

After a five-month IPO process steeped in anticipation, Grand Twins International ended its first day on the Cambodia Securities Exchange (CSX) with results many observers found disappointing. GTI shares opened yesterday’s session at 9,700 riel ($2.41), with a ceremonial bell ringing at the CSX’s head office. ...

The amount of cash paid in riel by account holders through Bakong system has increased 4.1 times in 2022 compared to the previous year, while that paid in US dollar through the same system has risen 3.2 times, and the transactions made through this system ...