Seven months after the announcement of the $150 million co-financial intervention package, only $41.52 million has been released to the businesses affected by the Covid-19 pandemic by the state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) and other participating financial institutions, according ...

The rising price of air tickets are impacting Cambodia’s tourism rebound, which was hit hard by Covid-19, businesses said on Tuesday. ...

Small and Medium Enterprise Bank of Cambodia Plc. has approved loans to 346 tourism-related firms totalling $53.46M or 35.64 percent of the $150M budget, said a top official of the bank. ...

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. ...

Southeast Asian suppliers from Cambodia, Myanmar and  Vietnam have become increasingly important to global fashion brands. Nearly 20% of Uniqlo owner Fast Retailing’s disclosed core sewing factories are in Vietnam, though China is still home to about half.​ However, these suppliers now face a supply ...

More than 800 garment workers in Kandal’s Khsach Kandal district protested on Wednesday to demand their last wages and severance pay after the company suspended its operation due to the shortage of raw material.​ ...

The Ministry of Health, the World Health Organisation in Cambodia (WHO) and Institute Pasteur du Cambodge (IPC) on Monday held a joint press conference to reiterate that they are fully prepared for all eventualities in facing the global outbreak of COVID-19. ...

The International Committee of the Red Cross in Phnom Penh on Friday donated 20 tonnes of health care, hygiene and sanitation supplies to the Directorate General Prison at the Correctional Centre 1. The humanitarian aid aims to assist the General Department of Prisons in preventing ...

Electricity Authority of Cambodia (EAC) has called for licensed private electricity distributors to receive cashless payments for electricity bills to prevent possible COVID-19 infections. ...

The International Monetary Fund (IMF) has predicted Cambodia’s 2020 Gross Domestic Product will contract by -1.7 percent this year in line with a global contraction of -3.0 percent. The reduction in GDP represents an economic downturn the world has not seen since the Great Depression, ...

The government has approved a request by the Garment Manufacturers Association in Cambodia (GMAC) for garment factories to produce all kinds of face masks, medical equipment and protective clothing for both domestic consumption and export. ...

Cambodia’s bellwether neighbours – Thailand and Vietnam – have started to propose easing extreme COVID-19 restrictions that have devastated local economies and greatly affected civil society because of ultra-low rates of new infections and no new deaths last week. ...

Prek Pnov district authorities have denied a report by NGO Sahmakum Teang Tnaut (STT) which claims that it continued to evict poor families from their homes over the past three months while they struggled financially due to the Covid-19 pandemic. ...

The 13th Asia-Europe Meeting (ASEM13) scheduled to be held in Cambodia in November has been postponed until mid-2021 due to the Covid-19 pandemic, a Ministry of Foreign Affairs and International Cooperation press statement released on Saturday said. The decision was made during a two-day meeting ...

Cambodia’s financial sector remains on a sustainable growth path despite the Covid-19 pandemic squeezing crucial industries, National Bank of Cambodia (NBC) governor Chea Chanto said. ...

The General Department of Taxation (GDT) rode out the challenges presented by the Covid-19 pandemic and the downturn in the regional and global economies to reach nearly 95 per cent of its annual revenue collection target as of December 16.​ ...

An ad-hoc commission, headed by the Ministry of Health secretary of state Or Vandine, will be formed for COVID-19 vaccination, Prime Minister Hun Sen said yesterday. . ...

According to media reports, the Cambodian government has given provincial administrations authority to implement restrictions on travel between provinces in response to the current COVID-19 outbreak. ...

Unions are calling for garment factory owners to pay full wages to their employees for the lockdown period but the Labour Ministry says there is no law to state that employers must do so.   ...

The vaccination campaign of workers in the Sihanoukville Special Economy Zone (SSEZ) kicked off yesterday, not only to protect them from COVID-19 pandemic, but also to keep the production chains of factories in the zone. ...