Inflation remains under control and is predicted to drop below five percent as banking and financial institutes continue to aid post-pandemic economic recovery, says the National Bank of Cambodia. ...

As the creation of Cambodia’s first law on trade unions enters a final phase this week, labor activists and unions said the draft law as it stands is in urgent need of revision, as it would cripple unions and severely undermine collective bargaining rights. They ...

Japanese investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth—and to avoid driving Japanese companies to other attractive investment destinations such as Burma —the ...

Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...

Young Cambodians must develop diverse workplace skills if they are to compete in an integrated Asean, a leading economist and adviser to the government says. “We have to make sure we are able to do multiple things if others are able to do just one,” the ...

SOURSDEY Fashion occupies a small shopfront near the Russian Market. It looks similar to many of the small boutiques sprouting up across Phnom Penh, packed with  the latest in fashion aimed at young, trendy consumers. But the shop’s business plan differs from that of many ...

At least one internet service provider in Cambodia still claims to have overlapping frequencies, which means losses for the affected company MekongNet. The company’s chief executive, Sok Channda, reported that the internet service provider can’t use the frequencies that were supposed to cover the WiMAX service, ...

All organisations and institutions associated with the Royal Government of Cambodia have started implementing the new taxes on the annual income of individuals and sole proprietorship businesses and monthly salaries of resident employees from January 1, 2023, following a new sub-decree issued on September 28, ...

The Ministry of Economy and Finance (MEF) is planning to form a joint committee chaired by government officials and microfinance institutions (MFIs) to promote small loan disbursements as the new 18 percent loan interest rate cap takes effect, according to an announcement released by the ...

Minister of Environment Eang Sophalleth emphasised the critical importance of protecting forests and natural resources, asserting that it is a top priority for the ministry and stressing the need for modern technology to combat illegal activities in these areas. ...

H.E. Aun Pornmonirath, Secretary of State of the Ministry of Economy and Finance of Cambodia and Mr. Sang Wang Byun, Executive Director of Export-Import Bank of the Republic of Korea, on September 21 signed $21 Million Loan Agreement for Cambodia’s Rural Roads Improvement Project. “The ...

The Cambodian government said Monday that a law on access to information will be adopted in three years. Cambodia has spent more than a decade working on this draft law. The formation of a new government in July committed to reforming all the government’s bodies ...

Cambodia’s banking sector has continued enjoying robust growth in both loans and deposits this year, Ouk Maly, vice-governor of the National Bank of Cambodia, said Wednesday. ...

Private-sector representatives today are to conclude a two-day consultation forum with the government over the controversial new draft telecommunications law. The Ministry of Posts and Telecommunications’ (MPT) yet-to-be-approved draft law includes provisions that grant the ministry judicial powers to indict telecom service-related operators and even everyday ...

Cambodia collected 11,497.98 billion riels (approximately $2.79 billion) from all sources of taxes in the first half of 2023, which is equivalent to 49.1 percent of the target ($5,692 million) for the year, according to the Ministry of Economy and Finance’s report. ...

An archaeological dig at the ancient capital of Angkor Thom started on Monday in search of metal tools from the Kingdom’s Angkorian era. The École Française d’Extrême-Orient (EFEO), a French institute dedicated to the study of Asian societies, started the dig in cooperation with the ...

The Council of Ministers on Friday said the government has instructed authorities to eliminate all online and arcade gambling by the end of the year. “All kinds of online and arcade gambling [] must end by the end of 2019,” the Council of Ministers said in ...

The Union of Journalist Federations of Cambodia has urged local unions and media associations to collaborate and conduct a joint evaluation of the Kingdom’s media freedom. UJFC president Huy Vannak, who was re-elected to his position during its congress on Saturday, said all local unions and ...

Cambodia’s acting Prime Minister while Mr. Hun Sen is out of the country for the US-ASEAN summit, Interior Minister Sar Kheng, acknowledged that there are “gaps” in the implementation of democracy in Cambodia during a speech to the National Police Academy on Tuesday, but warned ...

A 10th century stone carving of the Hindu deity Rama, the last remaining statue from the Koh Ker temple complex that had been on public display outside Cambodia, was returned to Phnom Penh last week, officials confirmed on Sunday.   ...