Mainboard-listed commercial bank ACLEDA Bank Plc’s net profit for the first quarter ended March 31 fell 20 per cent to $35.36 million from $44.10 million last year as a result of widening net impairment loss, interest expense, and general and administrative expenses. ss='cambodia-color'>...

The government has been working to build new infrastructure and upgrade the quality of the existing old tracks to high-speed rail. The government plans to build three high-speed rail lines connecting Phnom Penh to the country’s borders to promote a more diversified transportation sector, according ss='cambodia-color'>...

The Cambodian People’s Party (CPP) has set economic strategies for Cambodia for the next five years to become an upper-middle-income country by 2030 as the economy is striding with ongoing necessary strengths after slipping into negative 3.1 percent in 3.1 percent, according to a resolution ss='cambodia-color'>...

In a bid to win the support of the people for the upcoming National Election, the ruling Cambodian People’s Party (CPP) has committed itself to strengthening the Law on Immigration on managing foreign immigrants, promising to strongly prevent and suppress illegal crossings, residing and activities ss='cambodia-color'>...

The United StateS iS Scheduled to Sign a Memorandum of UnderStanding (MoU) with the MiniStry of Culture and Fine ArtS later thiS month in an effort to protect and reStore Khmer culture, a move Said to help the touriSm Sector&rSquo;S rebound after being hit hard SS='cambodia-color'>...

Samdech Hun Sen, PreSident of the ruling Cambodian People&rSquo;S Party and former Prime MiniSter of Cambodia, haS recommended the Royal Government not be afraid of Spending money to rent a unique plane to bring home the Cambodian nationalS from ISrael if the ISraeli government requeStS SS='cambodia-color'>...

Former Prime Minister Hun sen will resume the use of his Facebook page, now renamed “samdech Hun sen of Cambodia”, after Facebook’s parent company Meta Platforms Inc declined the request of its Oversight Board to temporarily suspend the account over alleged breaches of its policies. ss='cambodia-color'>...

A high-profile women entrepreneur delegation from India completed a fruitful visit to Cambodia recently. The group comprised 55 women entrepreneurs (25 from Karnataka) from organisations such as Ubuntu Consortium, Federation of Karnataka Chambers of Commerce & Industry (FKCCI), WIsE (Women’s Wing of Mysore Chamber of ss='cambodia-color'>...

Plan International in cooperation with Ratanakiri’s provincial department of Education, Youth and sport conducted teaching sessions for 5,400 drop out students to attend school and access formal education through the project “Enhancing Quality Learning for Out of school Children in Northeastern Cambodia (EQUAL)” by accessing ss='cambodia-color'>...

The National Assembly (NA) has approved draft laws which will rename the Ministry of National Assembly-senate Relations and Inspection and establish a permanent secretariat of state for Border Affairs. The new legislation is part of the seventh-mandate government’s bid to deepen its reforms. ss='cambodia-color'>...

Governor of the National Bank of Cambodia (NBC) Dr. Chea Serey participated in the Vaduz Roundtable Forum on “Financial SyStem 2023” in Vaduz, LiechtenStein, late laSt week, to Share NBC&rSquo;S experience in financial SyStem improvement. SS='cambodia-color'>...

The National Election Committee (NEC) began distributing invitations to the more than nine million people on the 2021 official voter list on september 20. From October 20, they will have one month to make sure their details are correct so they can participate in next ss='cambodia-color'>...

The 2022 ASEAN Summit took place at the Cambodian capital Phnom Penh, thiS paSt weekend, with China aS an official gueSt. At the event, ChineSe Premier Li Keqiang announced Beijing&rSquo;S approval of ChineSe inveStment in Significant infraStructure projectS in the ASEAN region. SS='cambodia-color'>...

The establishment of the Media & Information Literacy Network Cambodia (MIL-KH) is an important step towards providing problem-solving and critical thinking skills to young Cambodians to help them safely use digital communications, according to Oung Chanthol, executive director of the Women’s Media Centre of Cambodia ss='cambodia-color'>...

Phnom Penh recently announced the implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35 to raise the potential of investment and trade and improve national economic productivity, according to Aun Pornmoniroth, minister of economy and finance and chairman of the National Committee for ss='cambodia-color'>...

Kampong Seila Special Economic Zone Co Ltd on July 29 Signed a memorandum of underStanding (MoU) with Environmental Protection InduStry ASSociationS of Cambodia (EPIAC) in a bid to promote environmental protection at the nameSake Special economic zone (SEZ) in Preah Sihanouk province and enhance itS SS='cambodia-color'>...

Cambodia expects to receive millions of dollars next month in proceeds from the sale of nearly 300,000 barrels of crude oil stolen by the Bahamas-flagged tanker MT strovolos last year following a payment dispute with the Apsara oil field’s singaporean developer, KrisEnergy, according to a ss='cambodia-color'>...

The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun sen ss='cambodia-color'>...