In what is the government’s latest pledge to hold tycoons and foreign investors to account for their business practices, the Ministry of Environment will begin assessing existing and proposed economic land concessions (ELCs), cancelling or rejecting those that have negative social or environment impacts, a ...

A plan floated in Thailand to cut state educational support to migrant workers’ children has drawn the ire of rights groups, which say thousands of Cambodian youths could be denied their basic right to education. According to Thai media, Kamol Rodklai, secretary-general of the Office of ...

Cambodia is seeking access to the scores of artefacts seized from disgraced former crime-buster Lt-General Pongpat Chayaphan to determine if any of them belong to it, diplomatic sources said yesterday. Bowornwej Rungrujee, director-general of the Fine Arts Department, early this month offered to send back some ...

Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy ...

The Cambodia Securities Exchange (CSX) is currently going over its first-ever initial public offering (IPO) eligibility review application for a company to list on its Growth Board since the secondary board was launched in 2015, its vice-chairman Ha Jong-weon told The Post on December 14. ...

Cambodian Xing Can Shi Pin Co Ltd has reportedly earmarked $11.2 million to set up a factory to process cashew nuts and produce dried mangoes, pineapples, jackfruits and longan, in Kampong Speu province’s northwesternmost Oral district, offering a ray of solace to the Kingdom’s beleaguered ...

The Ministry of Environment on Monday has approved five small-scale eco-tourism development plans in Preah Monivong Bokor National Park. These new eco-tourism projects in Kampot province’s Prek Tnort commune will create more employment opportunities for the local population, offering sustainable livelihoods and improving the local ...

UNICEF and the NGO Save the Children jointly hosted a forum in Phnom Penh marking the 10th anniversary of the global launch of the “Children’s Rights and Business Principles”. These principles offer guidelines for businesses as they embed children’s rights into their business strategies and ...

Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...

Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand. ...

The Belt and Road Initiative (BRI) pioneered by China will not lead the country into a debt trap, Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, said, dismissing the narrative about the adverse effects the BRI ...

A small community of houses sit on the edge of a tranquil stretch of river in Kampot, where ecotourism project Trapaeng Sangkae Community Fisheries has breathed new life into the area, offering residents an extra form of income while helping to conserve this delicate riverine ...

Under newly implemented regulations, the Royal Government of Cambodia (RGC) has offered various tax incentives for micro, small and medium-sized enterprises (MSMEs) currently operating in the informal economy to properly register their businesses with the Ministry of Commerce (MoC) and the General Department of Taxation ...

As International Children’s Day and the World Day Against Child Labour draw near, Prime Minister Hun Sen has called on ministries, institutions and local authorities to prevent violations of children’s rights and to take action to protect children from all forms of violence while promoting ...

Current assets in Cambodia’s banking and financial institutions had risen to 25.6 billion U.S. dollars by June 2016, an increase of 21.3 percent in the last 12 months, according to the biannual report of the National Bank of Cambodia (NBC), or the central bank, on ...

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 ...

The government has unveiled four strategies to eliminate malnutrition in the country, especially among children. Prime Minister Hun Sen is enlisting state institutes, partners and NGOs to join the fight to eliminate malnutrition as the country holds national nutrition day today. ...

In 2017 the local financial sector continued the strong growth that has characterised the industry in recent times, with commercial banks and microfinance institutions (MFIs) seeing a robust expansion in loans and deposits throughout the year, according to the National Bank of Cambodia’s (NBC) annual ...

ORO Financecorp Plc held its official launch on Friday, joining the growing ranks of microfinance institutions in the Kingdom. ORO Financecorp started providing business, agricultural and tractor loans in January with a $4 million capital investment from Seng Enterprise Co Ltd of Cambodia and Creed Asia ...

Minister of Interior Sar Kheng on January 6 told working groups at relevant ministries and institutions to cultivate their “cooperative spirit” to more effectively prevent and combat money laundering and related offenses. ...