Cambodia’s economy is forecast to grow 4.0 per cent this year and 5.5 per cent in 2022, as economic recoveries in major trading partners boosts demand for the Kingdom’s exports, according to an Asian Development Bank (ADB) report released on April 28. ...

In December 1994, the United Nations decided that the International Day of the World’s Indigenous Peoples (IPs) shall be celebrated on August 09 every year. That date marks the day of the first meeting of the UN Working Group on Indigenous Populations in 1982. People ...

The Ministry of Economy and Finance’s General Department of Customs and Excise of Cambodia (GDCE) collected $1.1595 billion in revenue in the first half of 2021, down 8.9 percent year-on-year. ...

The Cambodian government signed concessional loan agreements with development partners totalling $905.6 million, mainly to finance public investment projects in the priority sectors that support long-term sustainable economic growth. ...

A senior Ministry of Interior official said condition in prison cells across the nation have improved while the management of detainees is safer and more secure. ...

The Cabinet Meeting, held here this morning under the chairmanship of Prime Minister Hun Sen, approved the draft 3-Year Rolling Public Investment Programme 2021-2023.   ...

Prime Minister Hun Sen said that although the world is united in fighting Covid-19 and has yet to achieve complete victory over the outbreak, Cambodia will forge ahead with the opening of the 2020-2021 academic year on January 11, celebrating the theme “a new life ...

A group of Cambodian NGOs in the field of natural and wild animal protection will conduct a 2021 census of white shoulder ibis from July until October. ...

Cambodia exported 423,168.97 tonnes of fresh bananas last year, up by 27.02 per cent over 2020, valued at $4,323,719,300, according to preliminary data from the Ministry of Agriculture, Forestry and Fisheries’ General Directorate of Agriculture (GDA). ...

Cambodia exported 366,300 tonnes of rubber latex in 2021, an increase of 8 percent compared to the same period in 2020. ...

Australia has reaffirmed its commitment to furthering business dealings with Cambodia, as data from the commerce ministry revealed that bilateral trade volume between the two countries reached $324.492 million in 2021 – a 52 per cent surge year-on-year despite the ongoing Covid-19 crisis. ...

Construction investment in Cambodia totaled $5.3 billion in 2021, mainly from China, South Korea, and Japan, according to the Ministry of Land Management, Urban Planning and Construction. The ministry also revealed a total of 4,303 construction projects were approved by the government in 2021. ...

Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration. ...

Prime Minister Hun Sen has ordered the Ministry of Commerce to work with Svay Rieng and Kampot officials to build two additional border markets in a bid to shore up border trade and enhance cooperation with Cambodia’s neighbour Vietnam. ...

In just over two weeks, the year 2020, which has been severely hit by the pandemic will come to an end, and with that, hope that the year 2021 will bring scope for economic improvement, especially from the likely availability of anti-COVID vaccines. ...

Cambodia’s exports see new light with the granted duty-free and quota-free access to the markets in the United Kingdom, commencing 2021. Sok Sopheak, Secretary of State at the Ministry of Commerce shared that Cambodia will discuss with the UK counterpart on the import and export ...

Cambodia’s economy will contract two per cent in 2020 before swiftly recovering to four per cent growth this year, the World Bank projects, citing effective government measures that respond to the specific needs of the most affected sectors – including tourism, garments and textiles, and ...

The Council for the Development of Cambodia (CDC) has approved a $2.3 million cardboard factory project to be built in Khan Kambol of Phnom Penh. The CDC shared the update in a press release yesterday, adding that the project will create 214 jobs for the ...

With Covid-19 cutting into Cambodians’ incomes and transforming consumer behaviour, the Kingdom is expected to see a Lunar New Year spending slump this year. ...

Despite the mass exodus of expats and foreigners causing a blip in Cambodia’s otherwise strong rental sector, realty businesses are forecasting a positive bounce back in 2021. ...