Cambodia has retained its B credit rating despite ratings company Standard & Poor’s citing the country’s ongoing political standoff as a “major” constraint. S&P affirmed Cambodia’s B/B credit rating last week, labeling the country as having a strong and stable long-term and short-term outlook. Engagement of international ...

Employees of Caltex petrol stations in Phnom Penh are returning to work today after management offered to raise salaries by $20 a month and not withhold pay for time missed during the strike, which started earlier this month. ...

The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...

The World Bank yesterday raised Cambodia’s gross domestic product outlook for 2012 by 0.1 percent to 6.6 percent, saying that last year’s flooding and the global economic slowdown did not affect Cambodia’s economy as much as first expected. According to the World Bank’s East Asia and ...

Economic ministers from the 16 participating countries of the Regional Comprehensive Economic Partnership (RCEP) have reiterated their commitment to conclude negotiations by the end of 2015. The ministers reaffirmed they are committed to ending the RCEP negotiations in line with the vision endorsed by their state ...

The Ministry of Commerce’s Consumer Protection and Fraud Repression Department (CPFR) seized and destroyed 97 tonnes of counterfeit, damaged or altered goods, containing banned or expired ingredients in the first six months of 2021. ...

Thirty schools in Siem Reap, Battambang and Kampong Thom will participate in a two-year pilot project to host vegetable gardens to improve nutrition and teach students life skills, starting in December, the UN Food and Agriculture Organisation said on Friday. ...

Government officials, economists and businesses discussed the implementation of a draft program to invigorate vegetable farming in the Kingdom and cut imports from neighbouring countries in half by 2018.   ...

The Ministry of Economy and Finance (MEF) last month signed a prakas, a ministerial decision, to ensure tax agents’ professionalism, an insider told the Post yesterday. After the full implementation of Prakas 455, signed on April 12, agents have to pay one million riel to ...

The National Election Committee (NEC) was hailed by the government on Tuesday for saying that there would be 45,000 observers for the July 29 national elections. Council of Ministers spokesman Phay Siphan said that the large number of registered election observers would dispel criticism and ...

More than $11 million in carbon credits from Cambodian forests have been sold since 2016, the Ministry of Environment announced at its annual year-end conference. The carbon credits were exchanged under the Reducing Emissions from Deforestation and Degradation (Redd+) framework, which allows forested developing countries to ...

Cambodian and Vietnamese foreign ministers are to meet on Feb 10-11 to boost the economic, cultural, scientific and technological cooperation between the two countries, according to a statement of the Ministry of the Foreign Affairs and International Cooperation. ...

Amid fears of a potential reprise of anti-opposition violence that flared in October, a US Embassy spokesman yesterday called on the government “to ensure that no one is threatened, punished, or harmed in Cambodia” if a planned anti-Hun Sen rally takes place as scheduled next ...

Prime Minister Hun Manet is praising the increasingly successful resolution of labour disputes. ...

On May 10, Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), received representatives from Hainan Litree Purifying Technology Co., Ltd. and discussed the company’s interest in expanding its investment in Cambodia’s clean water sector. ...

The Indian ambassador to Cambodia is calling on the government to reduce exorbitant shipping costs and take better advantage of a tariff scheme that India offers, two obstacles that the diplomat says are discouraging bilateral trade. Ambassador Dinesh Patnaik said on Tuesday that Indian businesses exporting ...

The government has announced that it is preparing to develop a special tourism area in the coastal province of Sihanoukville. In a move to diversify its tourism offerings, citing a need to boost tourism flow into the area. ...

Cambodia’s banking sector has seen 17 percent rise in lending in the first nine months of the year, the central bank’s figures showed Thursday. The kingdom’s 34 commercial banks had provided a total loan of 6.89 billion U.S. dollars to customers by the end of September ...

The US “pivot to Asia,” which will be punctuated next week with the Cambodian visit of US President Barack Obama, will likely put Cambodia in a tough spot in the region, caught between the renewed focus of the United States and the increased influence of ...

On 27 July 2020, the Cambodian League for the Promotion and Defense of Human Rights (LICADHO), Cambodian Youth Network (CYN), Equitable Cambodia (EC) and Sahmakum Teang Tnaut (STT) jointly issued a report revealing human rights abuses and environmental devastation as private developments threaten to flood ...