Commercial developers are fast expanding supply in Cambodia on hopes for greater Asian demand, but the property market’s shaky fundamentals could still keep investors away. ...

The strong economic growth Cambodia has experienced in the last few decades has benefitted everyone and created opportunities for all, a high-ranking government official said yesterday. ...

More cooperation in investment and trade is expected to take place between Labuan’s industry players and Cambodian counterparts following a technical study tour by a high-level delegation from the Cambodian Royal Government to the Labuan Corporation (LC) Monday. ...

The National Bank of Cambodia (NBC) says the banking sector will continue to grow confidently and actively contribute to economic activity. At the same time, the banking and finance sector continues to promote financial inclusion with the number of deposit clients reaching 8.2 million accounts ...

As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...

In a diplomatic development on November 24, Antigua and Barbuda and Cambodia have embarked on a collaborative journey aimed at benefiting their respective populations. ...

In the face of global economic fragility, the Cambodian government needs to review its fiscal policies and deepen its pockets – building a “buffer” for use in times of crisis, the World Bank has warned. The World Bank’s Global Economic Prospects 2015 report states that Cambodia ...

Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...

The International Labor Organization said it would launch on Wednesday two reports outlining ways to improve the investment climate in Cambodia. The first report, by the ILO, analyses Cambodia’s performance in 17 areas and contains a national survey of workers and employers. Key areas include ...

In March, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Global Green Growth Institute (GGGI), and the Securities and Exchange Regulator of Cambodia (SERC), in collaboration with the Credit Guarantee and Investment Facility (CGIF) and GuarantCo, part of the ...

The Council of  Ministers on Friday approved a sub-decree requiring tour guides to obtain licenses from the government in an effort to regulate and improve quality of service in the tourism sector. The sub-decree aims “to define the procedure to manage tourist guides,”and requires current ...

Cambodia, on Saturday, hosted the 7th Asia Economic Forum ( AEF) under theme of “The Asian Century in the Making: Achievements, Challenges and Future Trends” while highlighting the majority of the region’s demonstrated remarkable resilience against the global economic and financial crises, while major superpowers ...

A senior official from the Koh Kong Provincial Administration has revealed that the government has plans to establish two additional special economic zones (SEZs) in Botum Sakor district. ...

A majority government-owned life insurance company has stopped paying out benefits to policy holders who die while taking part in protests and demonstrations, the company confirmed yesterday. The Cambodian Life Insurance Company – 51 per cent owned by the Ministry of Economy and Finance and 49 ...

The Environment and Education ministries have unveiled the official textbook on climate change for upper secondary schools. Under-secretary of state of the Environment Ministry Khut Chandara said at the official launch of the book on Monday that education played an important role in social, economic ...

Cambodian Government officials, along with staff from the United Nations World Food Programme (WFP), are visiting South Korea on a study tour aiming at strengthening Cambodia’s school meals programme. ...

Cambodia spent more than $414 million on imported construction materials to meet increasing demand in the local construction and property sectors last year – a rise of 7 per cent compared to 2012. According to officials and industry insiders, the increased value of imports reflected steady ...

Top Royal Government of Cambodia (RGC) officials and a delegation of the Embassy of the Republic of Korea in Cambodia Thursday held talks on the possibility of setting up the Cambodia-Korea Special Economic Zone (Cam-Kor SEZ). ...

The Kingdom of Cambodia regards youth as a key resource and the most valuable asset for economic, social, cultural and environmental development, as well as for the maintenance of peace in the present and the future. ...

A draft law on water transportation has been created to strengthen the sector and find solutions to serve national and international trade, while supporting national economic growth. ...