Cambodia needs more than $5.41 billion for its three-year public investment plan, a government report says. The plan involves 586 projects which include the social sector, economic development, public infrastructure and the public service, the report said. ...

Malaysian telecom giant Axiata Group will consider divesting a portion of its stake in Cambodian mobile operator Smart Mobile in a bid to free up capital to “pursue opportunities”, including infrastructure expansion and future acquisitions, a company executive said yesterday. ...

The government plans to increase the 2017 national budget by 15.7 percent, to more than $5 billion – representing an increase over this year’s government expenditure of more than $4.3 billion – a government source said yesterday. ...

The National Budget 2017 was approved on Friday by the Council of Ministers, with a government expenditure of about $5.04 billion. This represents an increase of about 15.6 percent compared to the 2016 budget of $4.36 billion, according to a government statement. ...

Assets of Cambodian Microfinance Institution Prasac reached US$210 million with the combination of newly borrowed $15 million from Germany’s Deg-Deutsche Investitions Und Entwicklungsellschaft Mbh (DEG), officials said during the signing ceremony. The seven-year agreement at an annual interest rate of 5.5 per cent would help Prasac ...

Hun Sen announced that 1.5 mln hectares of Economic Land Concessions were granted to private companies. 1.2 mln hectares, 80 percent, of the concessions are used for rubber plantation sector. He said, that Cambodia still maintain[s] 9.2 mln hectares of forest land even though 1.5 mln ...

About 5,000 garment workers from a factory in Kompong Speu province, which manufactures clothing for U.S sports giant Nike, yesterday blocked National Road 4 demanding additional allowances, such as transport and maternity bonuses, a union representative said. The protest at Sabrina (Cambodia) Garment MFG Corp., in ...

A 5-year-old girl from Takeo province and a 2-year-old girl from Kampot province – who has already died – mark the 19th and 20th confirmed cases of avian influenza this year, a hospital spokesman said. The Ministry of Health is expected to issue a statement ...

Amid concerns the Pchum Ben holiday will lead to a spike in bird flu cases, health officials have begun to roll out a widespread education campaign aimed at stanching the spread of H5N1. The highly fatal flu has seen 20 cases and 11 deaths this ...

A former Ministry of Interior police officer was tried by the Phnom Penh Municipal Court yesterday for allegedly embezzling more than $1.5 million under the pretense of buying land from Kandal province villagers for a company he used to work for. ...

Following a meeting at the Labor Ministry’s conflict resolution department Thursday, the Capitol Tours bus company and five of its drivers—who claim they were fired for attempting to organize a union—remained deadlocked over their reinstatement. ...

The United States Agency for International Development (USAID) and the U.S. National Aeronautics and Space Administration (NASA) today launched “SERVIR-Mekong,” for 5 countries in the Lower Mekong, according to U.S Embassy’s press release received here this afternoon. ...

The Phnom Penh Municipal Court on Tuesday sentenced the owner of a massage parlor to five years in prison for prostituting a 16-year-old girl and four women at his establishment earlier this year. ...

Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment. The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of ...

After reaching agreement late last month, the contract for a $90 million concession loan from Japan to Cambodia was officially signed in Phnom Penh yesterday to improve 83.5 kilometres of National Road 5. The construction is scheduled to start in June 2015 and will be ...

The Cambodian veterinary authorities have reported an outbreak of highly pathogenic avian influenza (HPAI) in Battambang affecting backyard poultry. An immediate notification was sent to the World Organisation for Animal Health (OIE) reporting that the causal agent has been identified as the HPAI virus, serotype H5N1. ...

A World Bank released on January 12, 2022, said that  Cambodia’s economic growth this year is expected to reach 4.5 percent this year and is  projected to grow further to 5.5 percent in 2023. ...

The Council for Development of Cambodia (CDC) approved projects worth a total $3.5 billion in the first half of this year – a 14 per cent increase compared to the same period last year, a statement released on Saturday said. ...

The government approved $5.2 billion worth of investment in the first half of 2019, a 48.5 percent hike compared to the corresponding period last year, with officials claiming the figure reflects investors’ growing confidence in the country. ...

The bilateral trade volume between Vietnam and Cambodia continued to grow during the first seven months of this year, prolonging an increase after three years of declines that ended in 2016. ...