The International Fund for Agricultural Development (IFAD), a global finance organisation and a specialised United Nations (UN) agency, has announced plans to work with the Cambodian government to leverage “a programmatic approach” to ease the economic distress and prevent food securit y stresses caused by ...

Cambodia is to join the ranks of declining overseas worker remittances this year after the World Bank projected global remittances will decline sharply by about 20 percent in 2020 because of the economic crisis induced by the COVID-19 pandemic and consequent business shutdowns ...

CRF’s president Song Saran said demand for Cambodian rice in the global market is increasing and the CRF expected exports to reach 800,000 tonnes this year. However, because there was drought, and flash-flooding in September, the figure may change. ...

Hard on the heels of the hardship of the global COVID-19 pandemic, which has left hundreds of thousands unemployed in the manufacturing and tourism sector, Cambodia’s industry is now struggling with the challenge of heavy flooding, which is particularly harming the  agriculture sector. ...

With the Covid-19 pandemic expected to leave long-term impacts on global investment patterns and consumer behaviour, the CLMVT countries are counting on closer economic cooperation within Southeast Asia to help them benefit from each other’s strengths. ...

The  Ministry  of Tourism has reported that  that the three days of the Global New Year holiday and weekend from December 31, 2021 to January 2, 2022 brought  2,002,298 domestic tourists out to traverse the country and take in the tourism sites of Cambodia. ...

The World Bank has approved financing, along with a grant from the Global Partnership for Education, will provide $69.25 million in new funding to help Cambodia improve equitable access to basic education and respond rapidly to crises affecting the education system. ...

Lieutenant General John Sanderson – a retired senior Australian Army officer and former Force Commander of the UN Transitional Authority in Cambodia (UNTAC) – praised the rapid development of Cambodia and its “huge successes” while also expressing his appreciation for the Kingdom’s contributions to global ...

The Global Fund for Nature and World Wide Fund for Nature Cambodia (WWF) have called on authorities to step up night and day patrols of dolphin conservation areas and prevent illegal fishing, as a third Mekong Irrawaddy dolphin carcass was discovered in the span of ...

Investing in and empowering young people is vital for members of the Regional Comprehensive Economic Partnership free trade pact to shore up sustained growth and accelerate global economic recovery amid the ravaging COVID-19 pandemic, leading scholars and media executives said. ...

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 government has revised down its 2023 growth forecast for the Cambodian economy to 5.6 per cent versus the 6.6 per cent it put forth in October, citing uncertainty about global economic growth tied to the Ukraine conflict, climate change and the Covid-19 crisis. ...

Three local products are in the final stages of domestic geographical indication (GI) registration, with another not far behind, the Ministry of Commerce reported, raising hopes that the protected status would allow producers to expand their footprint globally, and promote a surge in the value ...

The banking system has demonstrated its robustness through high levels of liquidity and capital, and will remain sound and resilient while playing a crucial role in supporting economic activities, despite recent global turbulence, according to the National Bank of Cambodia (NBC). ...

“China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world,” said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International ...

UNICEF and the NGO Save the Children jointly hosted a forum in Phnom Penh marking the 10th anniversary of the global launch of the “Children’s Rights and Business Principles”. These principles offer guidelines for businesses as they embed children’s rights into their business strategies and ...

Local public-listed river-port operator Phnom Penh Autonomous Port (PPAP) reported a sharp decline in business performance in the first five months of the year due to regional and global economic uncertainty brought on by the protracted Ukraine conflict and its effects on demand and inflation. ...

While Cambodia’s economy and borders have now been open for two years following the Covid-19 pandemic, many small businesses continue to face financial hardships amid a global economic slowdown. ...

EuroCham Cambodia is urging the garment sector to prioritize corporate social responsibility (CSR) in the global market, claiming that while the majority of factories acknowledge its importance, they face challenges, such as a shortage of skilled workers and managers and the need for substantial investments. ...

Amid the fall in global demand, Cambodia earned $121 million from the exports of rubber articles in the first month of this year, an increase of 123.5 percent compared to the same period last year, according to the latest trade data of the General Department ...