The Kingdom’s banking and financial institutions have restructured 22.2 trillion riel ($5.5 billion) in loans for 367,239 borrowers in the first half of this year, to ease the burden on the public as the ongoing coronavirus outbreak dampens economic activity, according to the National Bank ...

Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...

A Chinese railway company may conduct a feasibility study on a 700-kilometre rail line in northern Cambodia, officials and local media reported yesterday. officials from Nanning Survey and Design Institute Co Ltd, a subsidiary of China Railway Siyuan Group, discussed the study with the Ministry of ...

The number of businesses registered with the Ministry of Commerce climbed by more than 10 per cent year on year during the first half of 2012, ministry data showed. officials credited the government’s piecemeal efforts to institute a transparent investment policy and gross domestic product growth, ...

Cambodian Commerce Minister Sun Chanthol concluded a trade mission in the United States this week, emphasizing his government’s willingness to make “deep” reforms to improve its investment climate. Cambodia meanwhile needs more foreign investment to create jobs for the 300,000 young Cambodians who enter the ...

Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...

The third day of negotiations between members of a working group trying to reach a consensus on the minimum monthly garment wage remained stagnant yesterday, as manufacturers refused to budge from their $110 offer. ...

The Young Entrepreneurs Association of Cambodia has signed an MoU with four major institutions to further develop the nation’s small and medium enterprises ...

On 07 December 2020, the Ministry of Education, Youth and Sport issued an announcement on the postponement of the High School Diploma Examination dated 21 December 2020 to mid-January 2021. The decision was made due to the uncertain situation of the impact of the 28 ...

As volatility strikes Asian markets in anticipation of the US Federal Reserve winding down quantitative easing – the practice of injecting money into the economy – the National Bank of Cambodia says the Kingdom will remain largely insulated thanks to an investment market still in ...

Officials confirmed there were more than 20,000 participants at the job fair on Saturday organised by the National Employment Agency Of the Ministry Of Labour and Vocational Training, which was held in an effort to educate job seekers about current opportunities. Sokkhon David, acting director Of information ...

With civil society, the opposition and even the ruling party talking more and more about the subject of electoral and judicial reforms in the wake of July’s contested national elections, some groups yesterday gathered to call for reforms in a more modest sector – parking ...

China is considering the construction of a technical university of science in Cambodia. ...

Prime Minister Hun Manet urged the Ministry of Women’s Affairs to work with relevant ministries and institutions to address the gender gap in the digital sector, especially to increase the participation of women and girls in the use of digital technology, and Science, technology, Engineering, ...

In accordance with a recently released legal update from the Ministry of Economy and Finance (MEF), new procedures have been defined to provide income tax incentives to companies involved in expanding their Qualified Investment Projects (QIPs) in the Kingdom. ...

The Japanese government has provided a grant of $145,692 to Cambodia for the construction of a Community Technology Centre (CTC) in Bati district of Takeo province. ...

Limestone Network, a Singaporean startup, is planning to build a smart city in the heart of Phnom Penh. International startup media platforms reported this week that Limestone Network is seeking to transform the face of Southeast Asia by building smart cities powered by blockchain technology. Limestone ...

Lack of trust from investors has so far limited the growth potential of the growing number of Cambodian technology startups. Five-year old Khmerload, a Cambodian entertainment news website modeled after the American media giant Buzzfeed, has become one of the country’s first local tech startups ...

Rosatom State Atomic Energy Corporation (Rosatom) and the National Council for Sustainable Development of the Kingdom of Cambodia today announced that they have signed two key MOUs. ...

A campaign for No Pesticide Day was held in eastern Cambodia’s Kratie province on Thursday with an appeal for relevant agencies to take part in the abolishment of the use of extremely dangerous pesticides. ...