Cambodia and Japan highly valued the bilateral relations between the two countries and noted with satisfaction its upgrading to Comprehensive Strategic Partnership in 2023, the commemorative year of the 70th Anniversary of Diplomatic Relations, according to a press release from the Ministry of Foreign Affairs ...

The minimum wage for workers in Cambodia’s billion-dollar garment sector will rise to $200 a month next year, a $6 raise that unions said was insufficient while employers raised concerns about profits and regional competitiveness. ...

The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...

Almost $6 million will be used on mine clearing across six provinces in the first phase of the Samdech Techo Project for Mine Action (STP-MA), according to the Cambodian Mine Action and Victim Assistance Authority (CMAA). ...

Reiterating its support to the efforts of authorities to make Cambodia a mine-free nation by 2025, the Cambodian Mine Action Centre (CMAC) has pledged to clear more than 265 square kilometres of landmines and unexploded ordnance (UXOs) this year. ...

Deputy Prime Minister and Minister of Economy and Finance (MEF) Aun Pornmoniroth said yesterday that Cambodia’s annual economic growth per person or GDP per capita has been forecasted to increase to $1,932 in 2023 from $1,784 in the previous year, even as inflation has been ...

Two local public-listed state-owned enterprises (SOE) have posted financial results for either the first three or four months of the year, which fell somewhat short of expectations, as local, regional and global economies continue to feel the shockwaves of the Russo-Ukrainian conflict. ...

Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. ...

In implementing the forest rehabilitation project as part of the Royal Government of Cambodia’s National Environmental Strategic Plan, USAID-Morodok Baitang and Wildlife Conservation Society (WCS) in collaboration with the Ministry of Environment have achieved a number of forest cover restores with 25.44 hectares and 27,125 ...

The Royal Government of Cambodia has raised $58.26 million in funds through government bond issuance in 2023. As per current regulations, the country can raise bonds for up to $200 million. The current bond issuance takes up 29 percent of the limit. ...

On 27 December 2022, the Ministry of Land Management, Urban Planning and Construction issued a press release on reports review 2022 and performance goals 2023 of the Ministry of Land Management, Urban Planning and Construction. The ministry issued nine performance goals for 2023. ...

The Ministry of Commerce (MoC) issued an announcement to alert businesspeople that the sub-decree on requirements and procedures for business merging that the government approved on March 6, 2023, with the signature affixed by Prime Minister Hun Sen will enter into force on September 6, ...

At least 1.6 million tonnes of rice was exported from Prey Veng province to Vietnam, earning nearly $400 million by the first nine months of 2023. This is according to the report of the Department of Agriculture, Forestry and Fisheries of Prey Veng Province on ...

On 28 March 2023, the Bar Association of the Kingdom of Cambodia (BAKC) issued a press release on the decision to impose disciplinary action on lawyer Sam Sokong after he gave an interview with Radio Free Asia’s (RFA) Facebook page on 17 January 2023. ...

The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...

In the first 10 months of 2023, the national revenue collection reached 20,160 billion riels (approximately $4.9 billion), equivalent to 74.95% of the 2023 financial law, and decreased by 2.02% compared to the same period in 2022. This is according to the report from the ...

The government should abandon its current management of Prey Long forest and shift to a plan that conserves the forst while also optimizing its economic uses, such as agriculture, carbon credits and controlled timber exploitation, according to a recent report by the US Agency for ...

The Cambodian Alliance of Trade Unions (CATU) sent a letter to the Ministry of Labor yesterday requesting that all of the country’s factory owners pay workers their salary earlier than usual ahead of Khmer New Year. Workers are normally paid on the fifth to the ...

The government yesterday announced its intention to pitch a new project to China that would consist of a road along the border with Thailand connecting the provinces of Pailin and Koh Kong. ...

The government yesterday released sub-decree No 72 to enhance efficiency and transparency in the management of non-tax revenue. The new regulation sets the mechanism to be followed when collecting, recording and monitoring non-tax revenue, including income collected from ministries, public institutions, province-level administration and state ...