Cambodia has received 99 investment projects from Japan with a total investment capital of almost US$700 million, according to AKP- the state news agency. ...

Prime Minister Hun Sen has said that oil revenues will have less of an impact in the short term on the country’s overall economy than other traditional business sectors. His statement was made during a joint ceremony for the inauguration of  the Chamkar Mon Water ...

Senior Minister Ly Thuch, Chairman of National Committee for ESCAP and First Vice President of the Cambodian Mine Action Authority, thanked UN-ESCAP for assisting Cambodia in drafting a National Mine Action Policy which is the first time that UN-ESCAP has participated in mine action. ...

The waters of the Koh Rong Archipelago may yet receive an additional layer of administrative protection, the Ministry of Environment announced last week, although how the proposed “marine park” will function remains to be seen, stakeholders said yesterday. ...

Although vaccines have begun to be administered in the Kingdom, a resurgence in cases and talk of new virus variants continues to fuel economic uncertainty. Tourist numbers dropped by over 70 percent between January and September of 2020 year-on-year.  ...

ANZ Royal customers will be able to make tax payments in local currency and in US dollars at all bank branches and online starting in April following the signing of a memorandum of understanding (MoU) with the Economy and Finance Ministry on Friday. ...

The country’s draft $3.4 billion national budget for 2014 proposes yet another $920 million in new debt to make ends meet, the same amount taken on this year, according to a copy of the spending bill obtained Thursday. The draft budget calls for nearly $400 million—or ...

Cambodia is getting ready to launch a 2021-2023 plan to lift the economy out of the Covid-19 rut and chart a course for sustainable and inclusive growth, according to Minister of Economy and Finance Aun Pornmoniroth. ...

In the latest attempt to push its narrative of an impending “colour revolution”, the Press and Quick Reaction Unit released a sweeping, nearly hourlong video, broadcast on multiple television stations on Monday night, attempting to link the opposition’s activities to protest movements in the Middle ...

Despite earlier statements by company representatives that $500 compensation packages being offered to land disputants at Ly Yong Phat’s Kampong Speu economic land concession (ELC) were negotiable, attendees of a meeting between company representatives and residents yesterday said they felt pressured to take the offer. ...

Amid strong domestic demand, moderate inflation and continuing improvements in trade, the ASEAN+3 region – encompassing the 10 bloc members and China, Japan and South Korea – is expected to maintain robust economic growth this year despite uncertainties in the global outlook. ...

A man who entered a Phnom Penh high school and slapped a teenager who had been fighting with his daughter told the municipal court on Friday that he was mentally ill and had lied about working at the Council of Minis­ters, hoping it would protect ...

Customs procedures are being examined in a time-release study to identify issues that can affect Cambodia’s trade competitiveness. According to experts, the study is an important tool to improve the Kingdom’s investment climate. The study will be conducted and organised by the GDCE with support ...

Two financing agreements, implemented by the French Development Agency, were signed on 12 July 2012 at the Ministry of Economy and Finance, in the presence of the Deputy Prime Minister, Minister of Economy and Finance, H.E.M. Keat Chhon, to support two key sectors for economic and rural development of Cambodia. A financing agreement of 800,000 Euros (1 ...

Trade unions may have failed to get a stay-at-home strike for higher wages off the ground after the Khmer New Year earlier this month. But a strike for bonus pay is picking up steam in Svay Rieng Province, where some 20,000 garment workers protested at ...

Though all countries in the Greater Mekong Sub-region (GMS) had signed a cross-border trade agreement (CBTA) 14 years ago to enhance the sub-region’s economic connectivity, the CBTA, however, is yet to be ratified in individual Mekong nations for its full implementation. This was revealed last ...

Tomorrow (June 27), Cambodia will celebrate its first national day of micro, small and medium enterprises (MSME Day 2024), a sector that stands at a critical juncture of opportunities and challenges. ...

Prime Minister Hun Sen said future leaders of Cambodia and government institutions must allocate a budget for infrastructure projects that would help expedite economic growth. ...

The Supreme Court on Friday upheld a conviction against a staffer from the rights group Licadho for allegedly distributing leaflets insulting government leaders and the king, but changed the charge against him from disinformation to incitement. Leang Sokchouen was convicted in August 2010 for allegedly distributing ...

As Asean heads toward greater economic integration, Cambodia remains one of the least competitive countries in the world.A country is competitive when it can attract investment and sell and supply goods and services for export at an accelerating rate. According to the World Economic Forum ...