A new microfinance institution (MFI), ORO Financecorp Plc, is set to open in Cambodia, according to the director-general of the National Bank of Cambodia (NBC). Cambodia already has 35 registered MFIs, according to a recent report by the Cambodia Microfinance Association (CMA). Last week, the ...

As scheduled, Khmer  Krom citizens gathered Monday in front of French embassy in order to present their petition which asks the VN embassy’s spokesman to apologize for his comment over Khmer Kampuchea Krom territory. Some 500 students, monks, and citizens were led by leaders of Federation ...

The Ministry of Labour will launch a new job website – WORKNET – on employment services and labour market information in Cambodia on April 8, to help Cambodians find jobs during the pandemic. ...

In yet another land swap deal that will see lucrative state-owned land handed to a private business in exchange for a new building on cheaper land, the Try Pheap Group has built a new headquarters for the Women’s Affairs Ministry in Stung Meanchey commune. In return, ...

Cambodia’s Minister of Commerce Sun Chanthol has urged Kuwaiti investors to take advantage of the new economic laws aimed at targeting and encouraging foreign investors notably in the sectors of industry and agriculture. In his statements while visiting the Kuwaiti Chamber of Commerce and Industry ...

The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...

The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...

A new cement plant with a total investment capital of $95 million will be built in Pcheav village, Treng commune, Rattanak Mondul district, Battambang province, according to a press release of the Council for the Development of Cambodia (CDC) made public Monday. ...

Cambodia has authorised the FOCUS Consortium to initiate a feasibility study on an investment project for constructing a new airport in Mondulkiri province, envisioning it as part of a satellite town development initiative. ...

The Council for the Development of Cambodia (CDC) and China’s ministry of commerce are expected to sign six more memoranda of understanding (MoUs) to enhance comprehensive investment cooperation that covers the promotion of investment in the digital sector, new types of industrialisation, green development and ...

Hong Kong investors are keen to explore investment opportunities in Cambodia and have pledged to introduce business potentials created by Cambodia’s new investment law and its sub-decrees to their colleagues back home. ...

The number of new businesses that registered in the first eight months of the year increased 33% to 2,105 compared to the same period last year, according to data released yesterday by the Ministry of Commerce. officials said that many of the registrations between January and ...

Japanese investors will put $56 million into a joint venture with local company Sanco Investment Group (SIG) to build a new special economic zone in Banteay Meanchey province’s Poipet town, officials said yesterday. Chhour Vichet, executive director of SIG, said Thailand’s labour shortage, Cambodia’s ongoing political ...

The Kingdom of Cambodia is a constitutional monarchy. The king is the head of state for his lifetime but does not govern. ...

The Ministry of Commerce said Monday that it has granted operating licenses to 1,368 new companies in the first half of this year, down 19 percent compared with the 1,694 firms over the same period last year. ...

Cambodia’s European aid donors said Tuesday they are working on a new five-year “cooperation strategy” designed to increase the impact of the millions of dollars in loans and grants they give the country each year. With a combined $209 million in aid to Cambodia in 2012, ...

The Social Affairs Ministry has purchased $150,000 worth of musical instruments and sound equipment for Phnom Penh’s blind musicians in a bid to persuade them to perform in designated spaces, though many worry that restricted venues will limit their income. ...

The government yesterday announced a sub-decree by the office of the Prime Minister to designate Yeak Loam Lake in Ban Lung city in the northeastern province of Ratanakkiri as a new wildlife and ecological protected area. ...

A new auto-mechanics training school at the National Polytechnic Institute of Cambodia (NPI) that aims to train select Cambodian youth and support a shortage in the labour market officially commenced construction yesterday. In partnership with the Ministry of Labour, joint sponsors the Korean International Cooperation Agency ...

The Council for the Development of Cambodia (CDC) has just approved four new investment projects with a total investment of nearly $24 million that will create more jobs in the country. ...