Cambodia’s financial strategy for the next decade includes de-dollarisation, improved regulations and better crisis prevention and management. The Financial Sector development Strategy (FSDS) was released by the Ministry of Economy and Finance in partnership with the National Bank of Cambodia (NBC) and financed by the ...

The Ministry of Education, Youth and Sport has requested students not to contest the results of the Baccalaureate Exam, also known as the Bac II, which will take place in November as the Ministry guarantees transparency and accuracy in assessing the exam. ...

A prolonged court case between two French investors in Siem Reap’s landmark Victoria Angkor hotel is at a standstill after auditors ordered by the Supreme Court to examine the hotel’s finances were denied access to the books this week. In a dispute that goes back to ...

As Europe continues to navigate its way through a two-year debt crisis, EU Trade Commissioner Karel de Gucht yesterday sought to put Europe at the center of Southeast Asia’s future at the EU-Asean Business Summit in Phnom Penh, and urged EU investors to take advantage ...

A Cambodian official has said US President Donald Trump’s decision to leave the Paris Climate Agreement is “unethical” and “irresponsible”. Tin Ponlok, secretary general of the National Council for Sustainable development at the Ministry of Environment, said it was “regretful” that Trump decided to abandon the ...

Today, 32 years ago the Paris Peace Accords were signed to end the civil war, build peace and begin the development of Cambodian society. ...

ANZ chief executive Mike Smith says Cambodia should decouple the riel from the US dollar to a stand-alone currency and align itself to the Chinese renminbi (RMB), given the shift in global trade flows. At the Cambodia Outlook Conference in Phnom Penh yesterday, Smith said: “I ...

Betagro (Cambodia) readies for the construction of its new feed mill in Phnom Penh SEZ. The feed mill is to be constructed in the capital’s Special Economic Zone, located 12km from the city center. The company is investing USD$17.2 million in the new project. The plant construction ...

Villagers from Chum Kiri commune in Banteay Meanchey province appealed to Prime Minister Hun Sen yesterday to intervene in a land dispute concerning roughly 30 hectares of land they say was taken by district soldiers. Doeu Chay, a representative of 25 local families, said that land ...

Construction is to begin this month on a $40 million water treatment plant to help Phnom Penh meet a growing demand for clean water, following an official contract signing ceremony Friday. The plant, called Niroth 2, is the second stage in a massive water treatment facility ...

Minister of Environment Eang Sophalleth has expressed his hopes that by June or July this year, around one million saplings will be sufficiently grown, and will be ready for distribution to the public for planting. ...

Foreign Minister Hor Namhong asked the United Nations, United States and other countries to give technical support to the Asean Regional Mine Action Center. ...

Hyatt Hotels Corp has announced the opening of the first Park Hyatt in Southeast Asia in Siem Reap. The announcement Wednesday said the reopening of the former Hotel De La Paix in downtown Siem Reap followed a 14-month renovation by award-winning interior Designer Bill Bensley. “We are ...

Cambodia and China on Monday signed an agreement toward establishing a Cambodia- China Technology Transfer Center, aiming to utilize science and technology for socio-economic development, officials said. ...

Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...

On the eve of the UN Climate Talks in Paris (COP 21), several hundred people are expected to attend “Together for Climate”, a rally coordinated by the Cambodia Climate Change Network (CCCN), on Sunday at the Cambodia-Japan Cooperation Centre at Royal University of Phnom Penh. ...

Mobile internet speeds in Cambodia are ratcheting up a notch. Smart Mobile, the country’s second largest operator by subscribers, is making 4G LTE internet available to customers this week, the company announced yesterday during the launch of the service at NagaWorld Casino. Thomas Hundt, CEO of Smart, ...

Prime Minister Hun Sen on Monday rejected the idea that “foreign hands” or assistance secured a resolution to Cambodia’s civil war in the early 1990s, warning historians to refrain from claiming the international community was responsible for peace-building in the country. ...

More than two decades after the Paris Peace Agreement, which was meant to open the way for peace and multiparty democracy in Cambodia, legal experts and hu­man rights advocates said Tuesday the government has largely abandoned the vision of the accord. Speaking at a conference on ...

Japan signed an agreement Thursday with the Japan Mine Action Service (JMAS) to provide $839,363 to deining projects in Battambang province, which will benefit about 5,500 residents. Together with the Cambodian Mine Action Center (CMAC), which will receive almost half of the donations from Japan, JMAS ...