The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...

The Ministry of Culture released a book on Monday of about 68 Khmer sculptures that were stolen from museums in Battambang City during decades of war and conflict, and intends to use the publication in a global search to recover the artifacts. ...

The Council for the Development of Cambodia (CDC) yesterday announced that it approved 831 investment projects, with a total investment capital of $22.5 billion, from 2016 to August 2019, according to its latest report. The report added that in the first eight months of the year, ...

Devastating floods as well as the economic slowdown in Europe and the US have prompted the World Bank to lower its outlook for Cambodia’s economic growth this year to 6 percent, down from a previous projection of 6.8 percent. In its economic update for the region ...

As Cambodia continues to develop, information technology skills are increasingly in demand, especially as the government seeks to diversify the economy and bring in companies which will need staff with strong high-tech skills. To that end, last month the Royal University of Phnom Penh (RUPP), in cooperation with the Cisco ...

Transparent reporting of garment factory compliance in Cambodia is continuing to help to improve conditions for workers, according to a new report. In its third online transparency report, the International Labor Organization (ILO’s) Better Factories Cambodia (BFC) programme said two of the 13 factories in the Low Compliance group had ...

Media outlets should review the health and agriculture products they advertise, as exposure to unlicensed medicine and insecticides can be fatal, the Ministry of Information has warned. ...

In the first semester of the year, the number of demonstration and riot up but crime down, said a report of the Phnom Penh Police Commissariat. During that period, there were 236 cases of demonstrations and riots, up 55 cases compared to the same period of ...

The Council for the Development of Cambodia (CDC) yesterday approved six development projects worth in total $677 million. ...

Quantum Geographic Information System (QGIS) is a useful spatial visualization and analysis tool that is becoming a viable alternative to more expensive software packages. It is also an open-source software package that relies on expert and user contributions worldwide. QGIS has many functions related to ...

According to a notification letter No. 956 dated 21 August 2015, the Royal Government of Cambodia agreed with 12 ELC companies, which have investment rights over land plots of 41,244 hectares in Kratie, Oddar Meanchecy and Preah Vihear provinces, to continue their activities while other ...

Khmer Times can report that the Asian Development Bank (ADB) is proposing to provide $1.5211 billion of new funding in its updated Cambodia country operations and business plan (COBP) 2021-2023. ...

Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn said on Sunday that relations and mutual political trust between Cambodia and China are now stronger than ever due to frequent high-level exchanges between the two countries’ senior officials. ...

The Commerce Ministry yesterday announced a 19 percent surge in exports for the year and a quadrupling of revenue collected from import licence fees, but would not provide analogous figures for total imports or explain what could be driving the increases. According to the ministry’s annual ...

The General Department of Customs and Excise of Cambodia (GDCE) on December 1 reiterated a call on owners of left-hand drive vehicles who have yet to pay any applicable import taxes or related fees due to do so before December 31, in order to benefit ...

The effects of the ongoing global political and economic crisis has likely affected bilateral trade between Cambodia and Canada, as reflected by a 24.7 per cent year-on-year fall in trade value at $535 million in the first seven months of 2023, versus $711.1 million last ...

Two polarizing narratives emerged after the Monday night discussion between U.S. President Barack Obama and Prime Minister Hun Sen, with the U.S. claiming it had been “tense,” while Cambodia insisted the talks were cordial. When it came to agenda, Mr. Obama put human rights, electoral and ...

The Royal Government of Cambodia is promoting the economic literacy for non-economists. An 11-day workshop on the topic was conducted recently in hybrid format by professors and experts from Crawford School of Public Policy, Australian National University (ANU). ...

Leaders in the region and beyond must advance various forms of bilateral and multilateral cooperative relations, and join hands to create meaningful traction in economic recoveries for when the spread of the novel coronavirus eases to a significant enough degree, according to Prime Minister Hun ...

The Ministry of Mines and Energy has said that it will perform environmental, social and economic impact assessments within three to six months before renewing and granting new licences for sand dredgers and sand miners operating in Phnom Penh and Kandal. ...