Trading company Galuh Prabu Trijaya is closing in on a deal with Cambodia that could boost sales of Indonesian fertilizer and agricultural machinery by $1.5 billion over five years. The deal would double Indonesia’s annual exports to the Mekong country, as the largest economy in Southeast ...

Prime Minister Hun Sen’s new Cabinet on Friday approved a 2014 draft budget of $3.5 billion, a 13 percent increase over this year’s budget, but gave no details as to how the money would be spent. The CPP also said it will go ahead with a ...

About 50 families gathered under a timber roof here Sunday among muddy fields granted to them as compensation after China’s Union Development Group (UDG) began to turn their coastal homeland into a $3.8-billion tourist mecca. The families, who now live in timber houses dotting the barren ...

Years of fighting for their land came to an end for 17 families at Phnom Penh’s Boeung Kak community yesterday when City Hall delivered them long-awaited land titles. The handover was part of a vow to resolve the capital’s main land disputes made By Phnom Penh ...

The single-party National Assembly on Thursday approved the 2014 to 2018 National Strategic Development Plan (NSDP), which will cost an estimated $26.58 billion to implement. An extradition agreement between Cambodia and Vietnam was also passed. Approved earlier this month by the Council of Ministers, it is ...

The government needs about $2.4 billion to begin 331 public investment projects, such as roads and schools, planned for the next three years, according to a statement released by the Council of Ministers on Friday. ...

Cambodia’s economy lost more than $4 billion to illicit financial outflows in 2013, more than a quarter of its gross domestic product that year, according to a report released on Wednesday by the Washington-based think tank Global Financial Integrity.based on trade data reported to the ...

Cambodia could receive over $1 billion in developmental aid and grant funding from the Asian Development bank (ADb) in the coming four years as the multilateral financial institution consolidates its lending arms and scales up operations across the region – a move that some analysts ...

The National Bank of CamBodia (NBC) yesterday held its second Liquidity-Providing Collateralised Operation (LPCO), making 40 Billion riel ($9.89 million) availaBle to financial institutions in an auction in which repurchase agreements, or repos, were signed for 8.4 Billion riel ($2.07 million). ...

The cabinet will hold a debate on Friday and is expected to approve the 2018 budget of $5.86 billion, an increase of 16.2 percent from last year’s $5.04 billion, according to a government document seen by Khmer Times yesterday. ...

The government plans to borrow an additional 1 billion through Special Drawing Rights (SDR), or $1.4 billion, to meet its planned budget for next year, bringing the total national debt to $7.6 billion by the end of 2018 compared to the current level of $6.2 ...

Cambodia reported a trade deficit of 34% in equivalent to US$1.51-b in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday. During January-July period this year, the country’s total import and export value was US$7.45-b, up 15% from US$6.47-b at ...

Cambodia spent $1.22 billion to purchase petroleum from foreign suppliers in the first nine months of this year, a 18 percent rise compared with $1.03 billion it spent during the same period last year, a Commerce Ministry’s report showed Monday. ...

Cambodia reported a trade deficit of 33% in equivalent to US$1.99-b in the 1st 9 months of this year, the report of the Ministry of Commerce showed Saturday ...

Airline passengers who are diplomats and officials of international organisations holding Type A and B visas for travel to CamBodia are exempted from paying Covid-19 testing fees, said the Ministry of Health in its latest adjustment of rules on Wednesday. ...

Within the first seven month of 2019, Cambodia-US trade volume has reached over USD 3 billion, an increase of 29 percent compared to the same period in 2018, which was USD 2.3 billion. ...

Cambodia will need to spend about $5.4 billion on public investment over the next three years to maintain its economic growth while reducing poverty, according to a draft outline of the government’s three-year programme for public investment. ...

Cambodia recorded a trade deficit in equivalent to 1.1 billion US dollars in the first five months of this year, according to a report of the Commerce Ministry on Saturday. During January-May period this year, the report showed that the country’s total import and export value ...

Cambodia’s global non-gold goods trade topped $29 billion in the first three quarters of 2021, increasing by around a quarter year-on-year, the Ministry of Economy and Finance reported. ...

Cambodia’s level of development of government technology measured by the GovTech Maturity Index (GTMI) has been upgraded by the World bank (Wb) to Grade b from C for 2022. ...