The National Bank of Cambodia issued a letter on Wednesday clarifying that only seven microfinance institutions (MFIs) are licensed to accept deposits from the public. The notification came after the central bank noticed several “rural credit operators” – institutions smaller than a typical MFI that ...

The Cambodian government on Friday approved two power plant projects worth more than $1.3 billion in total in what authorities said was an effort to reduce the Kingdom’s dependence on imports. ...

The National Assembly has produced its first code of ethics to ensure that all lawmakers work independently and humbly and uphold the country’s interest. Leng Peng Long, spokesman for the National Assembly, said yesterday said that the code of ethics approved earlier this month requires ...

The General Department of Taxation (GDT) collected more than $1.5 billion in tax revenue in the first six months of this year, up 66 per cent from the same period last year, according to a report released by the department on Wednesday. ...

A senior Interior Ministry official has urged police to take tough action against Chinese nationals committing crimes in the Kingdom. Speaking during a meeting with police officials yesterday, General Sok Phal, a secretary of state at the Ministry of Interior, said that immigration police had ...

The government has issued a new warning to telecommunications companies that have yet to deliver outstanding payments to the Kingdom’s ministries, giving regulators until the end of the month to settle their debts. ...

Tourism officials and industry insiders say the upcoming election is not affecting the flow on tourists into the Kingdom. Kong Sophearak, director of the Statistics Department of the Ministry of Tourism, told Khmer Times that despite this month’s election and the ongoing political rallies throughout ...

During what is the 60th year of bilateral ties between the two countries, China has ramped-up aid to Cambodia, pledging millions in military funding, infrastructure projects and election support. ...

Prime Minister Hun Sen said on Thursday that under his leadership Cambodia had never fallen after countries withdrew aid, and that the Kingdom would continue to remain strong. Hun Sen was presiding over a ceremony at the Chaktomuk Theatre Hall in Phnom Penh to commemorate ...

Construction on a new tourist ferry port located about 6 kilometres from the provincial capital in Kampot province has been delayed, although a Tourism Ministry spokesman promised that construction would begin before the end of this year. ...

Singapore-based Indochina Energy Partners is focusing on rooftop solar installations in three Southeast Asian nations, including Cambodia. According to a report by ScanAsia released Monday, IEP is working on rooftop photovoltaic panel installations in Vietnam, Myanmar and Cambodia. ...

Cambodia’s footwear and travel goods exports dramatically increased in the first nine months of this year, thanks to tariff privileges they received from the US under its Generalised System of Preferences (GSP). ...

More than 20 child laborers were rescued in Phnom Penh on Tuesday after anti-human trafficking authorities arrested a couple who had forced the children to work as fruit sellers in exchange for payments made to their families, according to police.Officers from the Interior Ministry’s anti-human ...

Millions of dollars of aid money granted to Cambodia by the Global Fund to combat malaria have been left sitting in a bank account for more than a year, official documents seen by the Post show.The money remains untouched because the National Malaria Centre (CNM) ...

Minister of Health Mam Bunheng yesterday asked the public to stop drinking rice wine and eating sick animals after 19 people died and 170 fell ill in Kratie province over the past month. ...

The European Union will continue to remain Cambodia’s biggest export recipient, mopping up $2.32 billion in shipments this year, with the US following a close second at $2.07 billion, according to Commerce Ministry estimates. ...

Cambodia’s telecom regulator has de-recognised 29 internet and voice-over internet protocol (VOIP) providers in the Kingdom, for failing to provide documentation to prove their active status, according to an official from the Telecommunication Regulator of Cambodia (TRC). ...

USAID and the US Treasury Office Of Technical Assistance (OTA) have launched a joint initiative with the Ministry Of Economy and Finance (MEF) to improve fiscal transparency and accountability in the management Of public finances, according to a press release issued yesterday.   ...

More than 200kg of old meatballs were seized by the government’s Camcontrol in a crackdown on goods past their use-by dates in Pailin on Wednesday, according to the Ministry of Commerce. ...

A survey of foreign direct investment by the National Bank of Cambodia due to be completed at the end of this month will help fill data gaps in the construction industry and could lead to new regulations in the property market that will pave the ...