Cambodia’s central bank yesterday again raised the issue of the country’s highly dollarised economy, suggesting that government policies and action plans will be enforced over the long term to promote the use of the riel, giving the National Bank of Cambodia (NBC) more monetary control.Speaking ...

Government coffers received close to a billion dollars in tax revenues for the first nine months of the year, up 25 per cent compared to the same period a year earlier, with convenient tax payment options contributing to this rise, according to the latest quarterly ...

The Telecom Regulator of Cambodia (TRC) has urged 34 domestic telecom operators and ISPs to submit their business performance reports by end-November. The watchdog plans to ensure the companies comply with their licensing agreements, Khmer Times reports, citing Im Vutha, director of regulation at TRC. ...

Cambodian businesses are joining forces in an attempt to increase production and reduce the country’s dependence on imports. The Federation of Association for Small and Medium Enterprises of Cambodia, the Ministry of Industry and Handicraft, and the Cambodia Chamber of Commerce plan to encourage small ...

The Ministry of Information yesterday issued a letter urging all media outlets to use the royally bestowed title “samdech” when referring to those who hold the honorific, including King Norodom Sihamoni and Prime Minister Hun Sen. ...

A day after the US Federal Reserve increased interest rates, which can potentially impact incoming investments and make debt more costly, experts say the Kingdom’s strong underlying growth will help maintain investments flows and leave the country largely unaffected.The Fed’s 25 basis point rate hike ...

Some 200 surveillance cameras installed at Phnom Penh’s traffic lights were switched on for the first time yesterday, the National Police and Ministry of Interior announced. ...

Despite recent high-profile cases of monastic child sex abuse, the organisers of a national conference for monks have left the issue off of the agenda, a move met with criticism yesterday by child protection advocates.At a press conference to launch the 24th congress of Buddhist ...

According to psycologists working in Cambodia, their lack of peers withing the country is a problem that needs to be addressed. The experts believe that to further develop the country, psychology services should be integrated into many of the key sectors including health, social work, ...

A senior Interior Ministry official tasked with investigating the 170,000 thumbprints submitted in support of a CNRP petition to the king said on Thursday he had received samples of the prints but would be unable to proceed with his work without more money. ...

The Kingdom’s central bank ‒ the National Bank of Cambodia (NBC) ‒ is working closely with experts from the US Treasury to set up a depositors’ protection scheme among banks in the country. This move was welcomed by the country’s banking industry with CEOs saying ...

Advanced Bank of Asia Limited (ABA Bank of Cambodia) officially unveiled a new logo yesterday, as it builds on its majority ownership by the National Bank of Canada.The National Bank of Canada integrated the ABA Bank as part of its group after becoming the major ...

An amendment to the tax code gives government auditors clearer authority to access individual and corporate financial data, providing a tool to identify tax evasion and a deterrent to prevent it, tax professionals said yesterday. ...

A staggering 35,000 Cambodian children and young people continue to be housed in a range of residential care facilities, with many of them flying under the government’s radar, according to a new report released by the Ministry of Social Affairs yesterday. ...

Police in Svay Rieng province on Saturday shut down a training session for 16 observers registered to monitor this Sunday’s commune elections, saying it had not been sanctioned by authorities, according to an organizer. ...

The government yesterday unveiled its financial sector development strategy for 2016 to 2025, which provides stakeholders with a document to evaluate the last decade of growth while outlining an action plan for the next decade. Chea Serey, director-general of the NBC, said the content of ...

Defence Minister Tea Banh’s son has been appointed a deputy governor of Siem Reap province by Prime Minister Hun Sen. Major General Tea Seiha said he had not been told about the appointment officially so could not give a date for when he would take up ...

The new data, released by the University of Maryland, tracks forest cover loss globally using satellite imagery. Results showed that not only was 2016 worse than 2015, but of the 16 years for which deforestation was recorded, last year was the fourth worst – with ...

The Asian Development Bank (ADB) is considering plans to revamp the airport in Stung Treng province to increase air connectivity in the Great Mekong Subregion (GMS). ...

The tower in the provincial capital of Sisophon will provide – for the first time in the province – free national public programming such as local and national news broadcasts, according to Sek Sokhum, the province’s information department director. Previously, those hoping to watch TV ...