Cambodia is the third most at-risk country to money laundering and terrorist financing in the world, according to a global index released last month, trailing only Iran and Afghanistan. The Anti-Money Laundering Index, first published by the Swiss-based Basel Institute on Governance in 2012, assigns the ...

Following reports of endemic corruption and suppression of dissent in the Kingdom last year, Cambodia was once again classified by global watchdog Freedom House as “not free” in a generally bleak report released yesterday. In Freedom of the World 2015, Freedom House’s assessment of the real-world ...

The two-way trade of Cambodia with Vietnam experienced a decrease during the first quarter of the year caused by the global pandemic. However, the trade volume with Thailand remained steady. ...

Cambodia’s cross border trade with Thailand fell to $1.5 million in the first quarter as the coronavirus hit the global economy and led to closure of dozens of checkpoints. ...

Speaking at the Global SME Finance Forum 2020 on moving into the future, the role of digitalisation in promoting SMEs’ access to finance, Chea Serey, director-general of the National Bank of Cambodia (NBC), said SMEs are considered to be a crucial sector for the economy ...

The 50×2030 Initiative is launching a data use grant competition for researchers in Cambodia. The initiative is a global partnership between the International Fund for Agricultural Development (IFAD), Food and Agriculture Organization (FAO) and the World Bank. The IFAD will lead the work on data ...

A global shortage of containers and rising shipping rates during the Covid-19 outbreak has driven up production costs for the Kingdom’s mangoes and eroded their competitiveness on the international market, according to two leading producers-cum-exporters. ...

A senior Cambodian diplomat called on Non-Aligned Movement (NAM) countries to renew their commitments to multilateralism and to find solutions to common challenges that all nations can support as no single country can address these global issues alone. ...

The new investment law will be more attractive and provide the Kingdom with better options to navigate the constantly evolving regional and global investment climate, according to Senate Third Committee chairman Mong Reththy.​ ...

Prime Minister Hun Sen urged all countries in the Greater Mekong Subregion (GMS) to push for the development of digital infrastructure in order to make the economies of the region more competitive globally.   ...

Cambodia’s economy is recovering well after COVID-19, but global headwinds could pose risks to a positive outlook in months to come, the World Bank said in a report released yesterday. ...

The government has extended a suspension of “advance income tax” until the end of 2025 for eligible textile-related enterprises, a good deal of which have been hurt by a drop in orders as a result of global economic headwinds linked to the ongoing Ukraine crisis. ...

The Kingdom’s banking and financial institutions posted very solid business performance overall last year despite regional and global uncertainty and inflationary pressures tied to Covid-19 and the Ukraine crisis. ...

A global smart energy solutions firm, Chinese-owned CHINT Group Co Ltd, is leveraging the Kingdom’s energy production capacity to support the rapid demand growth for medium-voltage power equipment in the country, as well as Thailand, Laos and Myanmar. ...

The Ministry of Labour and Vocational Training has given allowances for the second time to 8,762 garment sector workers who were suspended as a result of the Covid-19 pandemic and global economic crisis. ...

Revenue from the sale of special license plates decreased by about 11.9 percent to $16 million in 2023, with the Ministry of Public Works​ and Transport (MPWT) claiming it is a result of the global economic crisis. ...

Cambodia’s economy is projected to grow by nearly 6.6 per cent this year despite geopolitical tensions and a global economic slowdown, according to officials from the ministry of economy and finance. ...

The government’s proposed NGO draft law is a barrier to effective aid and development, civil society organizations said yesterday during a workshop in Phnom Penh focused on compiling a report on Cambodia’s climate for NGOs ahead of a global forum on aid effectiveness to be ...

About 170 garment workers fainted at a factory in Kampong Speu yesterday, the first day Anful Garments Manufacturing reopened after being hit by a mass fainting incident on Monday, workers and government officials said yesterday. The second mass fainting at the Hong Kong-owned factory, which supplies ...

The Kingdom’s strong economic growth so far this year has driven petroleum imports 67 per cent higher year-on-year through October, according to Ministry of Commerce data. Total imports reached 1.2 million tonnes, or US$1.14 billion worth, in the first 10 months of the year, compared to ...