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 ...

The government has accepted a request from a senior officer of the US State Department to hold another discussion on the draft minimum wage law before it is approved. After meeting with Sarah Morgan, an official with the US office of International Labour Affairs, Labour Minister ...

The National Bank of Cambodia (NBC) issued a prakas, or directive, last week instructing commercial banks and microfinance institutions to make out more riel loans to their customers, in a bid to promote the use of the national currency. The prakas, which took effect on Thursday, ...

Close to 2,000 chickens from Thailand were confiscated by Pursat provincial authorities after they were found to have been illegally brought into Cambodia. ...

The Kingdom’s telecom regulator has threatened to strip the operating licence of a local internet service provider (ISP) whose owners appear to have shut down operations and skipped town. ...

The Kingdom’s telecom regulator has revoked the licences of three internet service providers (ISPs) after finding that the companies were no longer operating. ...