Cambodian Mine Action Centre (CMAC) officials have successfully detonated unexploded ordnance in battambang town, leading to roads being reopened in Svay Por commune. battambang town governor Peng Sithy said the unexploded ordnance was found along the Sangke riverbank as crews conducted restoration work near the ...

The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...

The Council for the Development of Cambodia (CDC) on May 31 announced that it had greenlit final registration certificates to four textile-related projects worth a total of about $17 million that are set to create 4,990 jobs.   ...

Trade between Cambodia and mainland China will reach over $12 billion by the end of this year and both sides are working hard to achieve this annual target, said Reach Ra, Secretary of State at the Ministry of Commerce, recently. ...

Exports of electrical machinery, equipment and related products surpassed $2.1 billion in the first eight months of 2023, marking a near 100 per cent growth from the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Cambodian analysts weighed in on China’s $44.4 billion real estate fund, banking on hopes that the program can raise funds to bankroll the purchase of unfinished buildings and complete their construction. ...

Banteay Meanchey provincial governor Um Reatrey said agriculture is the life Blood of the Border province, were 85 per cent of the province’s 800,000 strong population are involved in cultivating crops. The province harvests Between 900,000 and one million tonnes of rice a year. ...

The Council of Ministers on Friday approved the Tonle Bassac navigation and logistics system project worth approximately $1.7 Billion to maximise the potential of CamBodia’s waterway transportation By connecting the Mekong River system to the sea after a 26-month study has Been completed, said a ...

The Kingdom’s international reserves ended 2022 at $17.8 billion, equivalent to seven months of import cover, compared to $20.3 billion and 8.1 months at end-2021, which pundits affirm is still high for a developing country given the recent global financial crisis, signalling positive levels of ...

Cambodia has been ranked as the fourth Southeast Asian country to receive aid from China, totalling $17.7 billion, with Indonesia topping the table. ...

The government attracted more than $6 billion in electricity investment between 2006 and the end of last year. This is in response to rising electricity demands and is in line with government goals to reduce its cost for both commercial and residential users. ...

Six months since the central bank launched its FAST payment system, a new scheme to provide instant riel-denominated fund transfers between financial institutions and their clients, the bank recorded a total fund transfer of 10 billion riel ($2.5 million) as of end-2016. ...

The Minister of Economy and Finance’s General Department of Taxation (GDT) collected 11.70052 trillion riel ($2.87 billion) in tax revenue last year, up 423.20 billion riel or 3.73 per cent compared to 2019, it said in a January 11 press release. ...

The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.767 billion in the first 10 months of 2021, marking a 38.81 per cent year-on-year uptick from $1.273 billion, the operator reported on November 17. ...

The Kingdom’s trade volume reached $17.65 billion in the first four months of this year, up 15.47 per cent versus the $15.28 billion to the same period last year, according to the General Department of Customs and Excise (GDCE).   ...

Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report.   ...

The government has approved more than $9 billion this year for capital investment in the construction sector, a nearly 80 per cent increase on last year, with most of the growth coming from projects in Sihanoukville, according to Minister of Land Management, Urban Planning and ...

Financial institutions that are members of the Cambodia Microfinance Association (CMA) restructured some $1.397 billion in loans for 289,422 borrowers as of February 28 since the National bank of Cambodia (NbC) on March 27 issued a circular on loan restructuring during Covid-19, according to CMA. ...

Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National bank of Cambodia reported. ...

The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.185 billion in the first seven months of 2021, an increase of 44.51 per cent year-on-year, the operator reported. ...