Cambodia and China have decided to set up an investment and economic cooperation working group to promote the Belt and Road Initiative (BRI), as well as strengthen investment and prop up bilateral economic and trade ties. ...

Cambodia and Singapore have pledged to step up cooperation to bolster bilateral trade, after registering more than $5.2 billion last year, marking a nearly 50 per cent jump over 2020. ...

 As foreign funders drive the construction of major new infrastructure projects in Cambodia, an inconsistent regulatory approach may be opening lanes for shoddy construction. ...

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 Bangkok-based Cambodia Business Council (CBC) and local Innovation and Development Investors Association (IDI) have joined forces to engage with and attract more investors as well as to improve Cambodian exports regionally and globally. ...

Cambodia exported apparel items, clothing accessories and knitted and non-knitted or crocheted items worth $4.5 billion in the first seven months this year—down by 20.6 per cent year on year from $5.6 billion. ...

Cambodia’s exports to Singapore rose by an impressive 554.8 percent in the January to August period this year compared to the same period in 2022 – from $72.83 million to $476.90 million. ...

The ASEAN Heads of State/Government adopted a number of important documents to boost their economic growth, ensure food security and boost digital economy, at the end of the Plenary Session of the 43rd ASEAN Summit in Jakarta, Indonesia yesterday. ...

On 17 October 2022, the Council for the Development of Cambodia issued a press release on Southeast Asia Ministerial Forum of Organisation for Economic Co-operation and Development (OECD). His Excellency Sok Chenda Sophea: “I believe in the power of humanity and I believe that unity in ...

Trade unions are working to educate construction workers and their employers on the benefits of the Kingdom’s social protection systems. Various stakeholders met on March 3 for the final review of the 2023-2027 occupational safety and health master plan, while one union revealed that less than ...

Credit Guarantee Corporation of Cambodia Plc (CGCC) reportedly issued a total of 1,155 Letters of Guarantee (LG) for loans worth $104.9 million equivalent as of February 28 – up 13 per cent year-to-date – as part of its mission to improve financial inclusion among small- ...

On January 12, 2023, at the Ministry of Industry, Science, Technology & Innovation (MISTI), the Record of Discussions for JICA New Technical Cooperation Project for Formulation of the Development Plan for Urban Water Supply was signed by H.E. Oum Sotha, Secretary of State, MISTI and ...

FacebookTwitterEmailShare“Handbook on Investing in Cambodia” has been launched as a practical guide for foreign investors looking for opportunities in the Cambodian market, with a particular focus on the 2021 Law on Investment. ...

Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) Sun Chanthol on Saturday led a delegation to inspect the progress made at the Stung Bot international gate – connecting Thailand – as well as the companies currently operating in ...

The death toll from flooding across the country has risen to 39, while the Mekong River remains above emergency levels in Prey Veng and Kandal provinces, a government official said on Friday. Keo Vy, cabinet chief for the government’s National Committee for Disaster Management, said that ...

Prime Minister Hun Sen used a graduation ceremony in Phnom Penh Monday to denounce criticism from civil society groups who say that his government is rushing judicial reforms into law without ap­­propriate public consultation. Speaking at the ceremony for about 1,800 students from the Asia Euro ...

The Council of Ministers on Friday approved a plan to increase the amount of borrowing from foreign countries by as much as 33 percent over the next three years, in a bid to counter a decrease in grants and concessional loans. ...

Prime Minister Hun Sen has announced that roles within the state framework will be made available for any former employees of online media outlet VOD who wish to engage in public affairs. ...

The global economic recovery this year continues to benefit Cambodian banks, although insiders said yesterday macro-economic press-ures were still weighing on the industry. Some of Cambodia’s biggest banks had enjoyed a strong 2011 thanks to a rebound in lending, deposits and profits, officials said. Economists, ...

2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...