Cambodia’s Ministry of Tourism on Wednesday finalized its 5-year strategic plan to attract at least 1.3 million Chinese visitors by 2018. Speaking at a seminar on Cambodia tourism marketing strategy targeting China, So Visothy, director of the Tourism Ministry’s Marketing and Promotion Department, said that currently ...

The Education Ministry will look into further increasing the minimum wage for teachers in Cambodia after educators said the recent hike of $37, to take effect next April, was still insufficient.​ During the 2016 Teachers’ Day celebration at the Institute of Technology of Cambodia yesterday, Education ...

The General Department of Taxation (GDT) will make further reforms and upgrade the technology used in tax processes to make things easier for taxpayers and ensure the achievement of the 2023 revenue collection target of $3.57170 billion, or 14.46539 trillion riel, according to director-general Kong ...

A group of investors from Israel showed their interest in investing in cassava in Cambodia, according to a statement by Ministry of Commerce. Chanthol expressed his support for this cassava investment project and recognized the importance of advance technology in agriculture production and processing to ...

The International Finance Corporation (IFC), a member of the World Bank Group, has sold its 12.25 percent stake in Acleda bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) in an undisclosed amount after having supported Acleda for over 15 years, said an IFC news statement ...

A new union has been founded pledging to offer members a post-retirement pension with a novel twist – it will be funded by sponsorship from private companies. The head of the new Workers Retirement Fund of Cambodia Union president, Sidney Sok Ke, claims to have spent ...

The central bank officially held a soft launch last Friday for its central shared switch mechanism, which connects account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem. ...

Prime Minister Hun Sen on Monday urged Cambodians to keep safe as they celebrate Khmer New Year this weekend and instructed law enforcement officers to be vigilant during a period renowned for causing an annual spike in traffic accidents. Speaking at a graduation ceremony on Koh ...

Insurance Regulator of Cambodia (IRC) director-general Bou Chanphirou on January 12 urged banks, other financial institutions and insurance companies to cooperate in bancassurance to drive further growth in the insurance sector, and raise penetration and density. ...

Minister of Interior Sar Kheng has instructed relevant institutions under his supervision to assist people in the correction and cancellation of family records to make the service more widely available in towns and district administrations across the Kingdom. ...

On February 22 2021, the Ministry of  Labour and Vocation training has posted an announcement regarding the decision to suspend  technical and vocational education and training institutions for 2 weeks in Phnom Penh and Kandal province. This is made following the recent COVID-19 community outbreak ...

To get his teenage daughter and niece on a plane yesterday after 10 months of alleged abuse and forced marriages in China, Kim Vicheat* said he had to bury his family in debt because the Cambodian consulate refused to fund their repatriation. The two 19-year-olds told The ...

The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...

Despite an economic forecast of 6.5 percent growth for Cambodia this year, the International Monetary Fund (IMF) warned in a report released Monday that the government must continue to develop infrastructure, increase public revenues and practice fiscal safeguarding in order to sustain growth in the ...

Cambodia’s Ministry of Commerce and Laos’ Ministry of Science and Technology last week signed a memorandum of understanding (MoU) to cooperate in the protection of trademarks and geographical indications (GI). ...

President of Cuba Miguel Diaz-Canel Bermudez has invited Kitti Tesaphibal Pundit Hun Manet, Prime Minister of the Kingdom of Cambodia, to participate in the Summit of Heads of State and Government of the Group of 77+China in Havana, Cuba in mid-September. ...

The Ministry of Economy and Finance (MEF) plans to establish financial controlling groups at each ministry whose function would be to review and approve both the expense budget proposals and procurements of respective ministries and institutions in consultation with the Financial Management Information System (FMIS), ...

The long-awaited Cambodian Credit Bureau (CBC) launched yesterday, a move that is expected to increase the amount of information banks retain on the history of borrowers in the banking system. Despite loan disbursals in the banking sector growing by 25 percent last year, banks have so ...

Medical students who vowed on Sunday to boycott the first government-ordered national exams under claims of discrimination backtracked on their threats yesterday. Da Nhel, 27, a representative of the student doctors, said that just hours after threatening to boycott the exams, which were approved by the ...

The prime minister has urged government ministries and public institutions to speed up work on an action plan to prevent violence against women and children, calling for education on the issue to start from an early age. ...