Inflation reached 7.1 percent in June compared to the same month last year as consumer prices continued to rise in Cambodia, an official at the Ministry for Planning said yesterday. The release of the inflation figure comes after officials and the ministry said earlier this ...

Just 6 percent of 12,006 commercial freight vehicles passed recent road safety inspections, while an estimated 70 percent of car drivers bought their driving licenses illegally from private driving schools, a meeting at the Ministry of Public Works and Transportation was told yesterday. Many of the ...

The government collected more than $1.4 billion in revenues during the first nine months of the year, a 27 percent increase over the same period last year, figures released Thursday by the Ministry of Economy and Finance show. According to the Table of Government Financial Operations ...

EVEN though about 50 per cent of Cambodian university students studied business management, the banking sector has been hesitant to recruit them, insiders said yesterday. A 2010 report by the recruitment agency HRINC (Cambodia) projected that the supply of business, marketing, management, banking and finance, economics ...

For more than a year, mystery has shrouded a museum in Siem Reap. The facts have been few and the details sparse. What’s known is that a North Korean company invested about $10 million for construction, and that artists from the hermit kingdom flew in ...

Investment in Cambodia from overseas surged by at least 44 percent last year, according to an estimate from the central bank, despite figures suggesting a reduction in the overall flow of foreign currency into Southeast Asian economies. Nguon Sokha, director-general of the National Bank of Cambodia, ...

WHILE investments from the Middle East into Cambodia are expected to increase over the next few years, the central bank here currently has no plans to launch Islamic banking services. Recent events like Qatar Airway’s Doha-Phnom Penh flights, which launched earlier this month, have been expected ...

Government revenues totalled more than $700 million over the first four months of the year, an 11 per cent year-on-year increase, data from the Ministry of Economy and Finance (MEF) show. In total, the revenue made by the General Department of Taxation (GDT) rose by about ...

The US embassy in Phnom Penh intends to hold a webinar on doing business in Cambodia, providing information on the benefits and challenges of working in the country for US firms. “This is the first webinar that will focus on investment opportunities and an overview of  ...

Around 20,000 workers from the garment, construction, tourism, banking, service and agriculture sectors want to march to present a petition to the National Assembly on International Labor Day, May 1, but Phnom Penh City Hall did not approve the rally. City hall asked them to wait ...

A month-long battle to secure back pay waged by 750 garment workers has ended only days before the national election – with the government footing the bill. The $450,000 payout to the Pine Great (Cambodia) factory workers – whose factory owner skipped town in April – ...

Tourism is one of the major sectors supporting the Cambodian economy. Last year, the country attracted 3.58 million foreign tourists, generating 2.2 billion US dollars in revenues. The Cambodian Minister of Tourism Thong Khon said Tuesday that the July 28 national elections in Cambodia would not ...

Though U.S.-owned businesses in Cambodia are optimistic of the country’s economy, its appeal as an investment destination lags behind most of its neighbors due to the perception of endemic corruption, a new survey of 475 senior U.S. business executives in Asean shows. The 2013-14 ASEAN Business ...

The U.N. special envoy for human rights in Cambodia on Monday met with about 100 activists in the capital Phnom Penh who sought his help to gain the release of nearly two dozen people arrested during recent violent government crackdowns on striking factory workers. Envoy Surya ...

The government has issued a three-month minimum tax exemption for the aviation sector and an exemption on all types of monthly taxes for tourism operators, it said in a press release on Tuesday. ...

The Ministry of Land Management yesterday handed out land titles to 885 families in Sambok and Chak Krang communes in Kratie province. A ceremony was held to distribute the land titles under the ministry’s Social Land Concession and Economic Development project in the province. ...

The Education Ministry plans to spend nearly $5 million on the national high school exam this year. Education Minister Hang Chuon Naron said yesterday that the ministry spent about $4.8 million preparing for the national exam every year.   ...

The Ministry of Public Works and Transport instructed its officials on Wednesday to immediately inspect and repair roads that have been damaged by floods to ease traffic. Ministry spokesman Nou Vattanak told The Post that floods triggered by heavy rains over the past few months ...

Activist groups from four provinces jointly published a report showing that 41 per cent of new tree stumps at the Prey Lang Wildlife Sanctuary that was recorded over the last two years were the result of illegal logging. The 7th Prey Lang Monitoring Report by ...

Nearly 20 people representing more than 100 families in Koh Kong province’s Thma Baing district yesterday gathered in Phnom Penh to submit petitions at various institutions requesting intervention to gain official recognition of the Chong indigenous people in Areng Valley. ...