Cambodia’s largest financial institution, Acleda Bank, has been adopted into the World Economic Forum’s group of Global Growth Companies (GGC), an exclusive club made up of some of the world’s fastest-growing medium-size firms. The WEF yesterday announced that 20 companies from the Asia-Pacific region had been ...

With a rapidly rising population exacerbating the country’s existing infrastructure, the Asia Development Bank (ADB) has highlighted in a new study the Cambodian government’s failure to install effective planning policies in its most densely populated urban centres. The ADB estimates that, driven by work opportunities and ...

A mid​ strong demand growth in the Grade A office sector, a joint-venture agreement signing event was held at the Sofitel Phokeethra last week, establishing an investment company, provisionally called Kingdom Luxury Development Co, which aims to build a Grade-A office tower Phnom Penh. The joint-venture ...

Amnesty International on Friday lambasted a pending deal that would see people seeking asylum in Australia to be resettled in Cambodia. “Australia should be ending its offshore processing and detention of asylum seekers, not looking to outsource its refugee responsibilities to another, much poorer country,” ...

Some 3,000 Indochinese silvered langurs – monkeys native to Southeast Asia and considered endangered by the International Union for Conservation of Nature (IUCN) – are believed to be living in the eastern part of Cambodia. ...

The World Bank has released several urgent recommendations to Cambodia and other countries in the East Asia Pacific, stating governments need to act quickly, cooperatively and at scale to avoid serious financial shock and recession due to the COVID-19 outbreak. ...

Cambodia ranked 157th in the world and last in Southeast Asia, according to the report, released on Tuesday by NGO Open Data Watch, dropping four points since last year to a total score of 22 out of 100.​​ ...

Minimal disruption to production chains and booming demand is sweet news for suppliers of geographical-indication- (GI) certified palm sugar. According to Saroeun, members can produce 250 tonnes of the commodity per season in December-May. He said KSPSPA’s 10 member companies exported a total of 70 ...

GIZ fabric – a project of the German international development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) to promote sustainability in the textile and garment industry in Asia – on October 18 launched the “Climate Action Training for the Fashion Industry” to support the industry’s ...

Construction of RMA (Cambodia) Plc’s vehicle assembly plant is 100 per cent complete and installation of the facilities and equipment is nearing the 70 per cent mark, with all signs indicating that production could begin in early April, according to the locally-listed firm’s CEO Ngorn ...

The fourth quarter in 2020 saw the start of a sharpest global FDI uptrend since the 2008 recession, which resulted in a global FDI flow of $1.65 trillion in 2021, up 77 percent from $929 billion in 2020. South East Asia netted $184 billion, surpassing ...

A working group from the Ministry of Justice is disseminating the contents of the laws on “Combatting the Financing of Proliferation of Weapons of Mass Destruction” and “Anti-Money Laundering and Financing of Terrorism” to bring Cambodia into compliance with the conditions set forth in the ...

A delegation of Sumitomo Mitsui Banking Corporation (SMBC), led by its Managing Executive Officer and Co-Head of the Asia Pacific Division Rajeev Kannan, is seeking for investment opportunities in Cambodia, especially in areas of logistics and tourism port. ...

A senior education official has announced plans to introduce the New Generation School (NGS) curriculum in eight additional public schools across Phnom Penh and various provinces thanks to a partnership with the East Asia Management University (EAMU). ...

The International Financial Corporation (IFC) on February 16 announced that it had inked a new “collaboration agreement” with local WorldBridge Group and Singapore’s YCH Group for the development of the Phnom Penh Logistics Complex (PPLC) as a “smart logistics hub” in Southeast Asia, in a ...

VISA has committed to the enhancement of e-commerce and digital economy of Cambodia, affirmed Chris Clark, VISA’s Regional President for Asia Pacific, while paying a courtesy call on Pan Sorasak, Minister of Commerce, at the ministry office yesterday afternoon. ...

Minister of Environment Say Samal urged countries in the region and across the Asia-Pacific (APAC) to work together globally to address waste, especially plastic, effectively and to initiate the transfer of advanced technology to less developed nations to jointly address the issues. ...

The Asia Development Bank (ADB) in collaboration with the Ministry of Public Works and Transport (MPWT) has successfully built a 20-hectare controlled landfill in Battambang province, aiming to serve 126,000 people in the community with the capacity to remove 100 tonnes of trash daily for ...

At an annual growth rate of 14.34 percent, the fastest growth in electricity generation in the Kingdom will be in the solar sector in the coming years, a latest study by the Economic Research Institute for Asean and East Asia has revealed. ...

The Ministry of Economy and Finance (MEF) in collaboration with Climate Investment Funds (CIF) and the Asian Development Bank (ADB) is co-hosting a four-day international forum aimed at exchanging experiences to address climate change, sustainable forestry and nature-based solutions in the Asia-Pacific region. ...