The government has shared several of the ways it is actively promoting the Kingdom’s potential for foreign investment and working to boost exports to international markets, as domestic production capacity continues to grow. ...

The Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank), loan terms for tourism vendors in Siem Reap Province will be loosened from the beginning of 2024 to encourage more uptake of funds exclusively by Siem Reap-based entities to bolster the sector’s return to ...

The Cambodia Development Cooperation Board of the Council for the Development of Cambodia (CDCB/CDC) and the Korea International Cooperation Agency (KOICA) held here at the CDC’s headquarters on Jan. 25 their “first bilateral meeting in 2024” to boost development cooperation and partnership between the two ...

The Presidents of the Solidarity Front for the Development of Cambodian Motherland (SFDCM), the Lao Front for National Construction (LFNC), and the Vietnam Fatherland Front (VFF) gathered at their 5th conference in Vientiane on April 9. ...

Cambodia exported $903 million worth of goods to the European Union (EU) up 11.9 percent from the $807 million in the same period last year, a report of the General Department of Customs and Excise revealed. ...

There’s a broad consensus on Cambodia that it has become one of the attractive destinations of the world. In gist, it has become the apple of the eye for global investors. Going by the latest report of the Council for the Development of Cambodia – ...

Peace, political stability, macroeconomic stability and multilateral and bilateral free trade agreements have played a critical role in attracting foreign direct investment (FDI) and fostering economic growth in the Kingdom, said Sun Chanthol, Deputy Prime Minister and First Vice- President of Council for the Development ...

In his first public speech following this week’s ASEAN summit, Prime Minister Hun Sen offered lavish praise for China’s financial largesse and congratulations for its newly appointed Communist Party heads. Speaking to thousands of villagers during a ceremony to inaugurate National Road 8 in Prey ...

Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).”   ...

Public and private educational institutions across Cambodia reopened their doors on November 1 after being closed since March due to the Covid-19 pandemic, while Prime Minister Hun Sen made it clear that high school diploma exams would be taking place this year and students will ...

Phnom Penh City Hall has estimated it could receive about $6 million in revenue next year from property tax collection, which started recently. City Hall released some tax calculation methods on its website last week and said that “based on the estimation of the technical ...

“Bilateral trade between Cambodia and China grew about 82 percent in the first half of 2011 if comparing with the same period for last year while the two countries are trying to boost the trade ties to achieve US $2.5 billion in 2012,” Ministry of ...

The government plans to implement an industrial policy designed to promote development of the manufacturing sector. Speaking at a business networking dinner prepared by the Cambodian Federation of Employers and Business Associations on Wednesday, Sok Chenda Sophea, secretary general of the Council for the Development of ...

Cambodia and Russia on Tuesday signed a Memorandum of Understanding, aiming at promoting bilateral cooperation in all fields, particularly trade, investment, tourism and education, officials said. The deal was inked between Sun Saphoeun, secretary of state of Cambodian Ministry of Foreign Affairs and International Cooperation, and ...

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While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...

Following repeated reports of abuse and illegal activity, Prime Minister Hun Sen on Friday ordered recruitment agencies to indefinitely stop sending Cambodian domestic workers to Malaysia, officials said Friday. Secretary of State for the Labor Ministry Oum Mean said that he had received unofficial information about ...

The Chinese and South Korean governments have been granted permission to build 565 km of new railroad in Cambodia and have already conducted feasibility studies, according to a government report released yesterday. In its annual report, the Ministry of Public Works and Transport said that plans ...

A domestic violence law long criticized by human rights and gender advocacy NGOs for inadequately protecting abuse victims is being reviewed by the government in a renewed effort to reduce violence against women. ...

The rumour mill has been in overdrive regarding the arrest of The Pirate Bay co-founder Gottfrid Svartholm Warg; however, various government officials yesterday shunned the conspiracy theories. Tom Abrahamsson, head of administrative and consular matters at the Swedish Embassy in Phnom Penh, refuted speculation that Svartholm ...