Cambodia has decided not to increase its reserve requirement for banks to tackle inflation, National Bank of Cambodia Director General and spokeswoman Nguon Sokha said yesterdayThe Kingdom’s reserve-requirement rate for banks stands at 12 percent, meaning 12 percent of total deposits at banks must be ...

Despite the fact that the Chairman’s Statement of the recently wrapped 21st ASEAN Summit welcomed progress on regional “connectivity”, a long-awaited joint visa for Thailand and Cambodia remains stalled. Koy Kuong, spokesman at the Ministry of Foreign Affairs said yesterday that there is still no progress ...

Cambodia’s banking industry recorded a slight increase in lending in the first two months of this year after a sharp rise last year, according to a consolidated data provided by the National Bank of Cambodia (NBC) on Saturday. The data showed that the kingdom’s 33 commercial ...

The U.N.’s deputy high commissioner for human rights, Flavia Pansieri—who is on a week­long mission in Cambodia —has been asked to address an arbitrarily enforced ban on public assemblies, which has been in place since January. In a letter dated Monday, Muth Chantha, secretary-general of the ...

A stay-at-home garment strike scheduled for tomorrow is in doubt after a number of workers and unionists urged that it be postponed until after the Khmer New Year, a union leader said yesterday. Pav Sina, president of the Collective Union of Movement of Workers, said some ...

Days after a Phnom Penh garment factory refused to abide by an Arbitration Council decision in favour of its employees, more than 1,000 workers are expected to demonstrate in front of the Ministry of Labour today. ...

While Cambodian officials say the Thais have not responded to a request for an inquiry into the shooting death of a man they say illegally crossed the border, Thailand is denying the incident even occurred. Cambodia’s Ministry of Foreign Affairs last month called for an investigation ...

Nearly a million hectares of land has been granted to ordinary Cambodian citizens through social land concessions (SLC) since May 2012, the government has claimed, though civil society groups have cast doubt on that high figure and questioned how many landless or evicted poor have ...

As the deadline draws close for commercial banks and microfinance institutions to send back smaller dollar banknotes to the National Bank of Cambodia without a service charge, businesses are seeing an increase in the use of the riel transactions with no real complaints from shoppers. ...

In response to Prime Minister Hun Sen’s critiques on healthcare in Cambodia during a speech evaluating government effectiveness last month, Health Minister Dr. Mam Bunheng sent a reminder to health officials throughout the country to deliver high quality healthcare and to strengthen the quality of ...

Inflation reached 7.1 percent in June compared to the same month last year as consumer prices continued to rise in Cambodia, an official at the Ministry for Planning said yesterday. The release of the inflation figure comes after officials and the ministry said earlier this ...

The National Election Committee (NEC) and all political parties should urge citizens – including those overseas – to register to vote, Prime Minister Hun Sen said yesterday, even as a prominent opposition lawmaker accused the government of offering “nothing” to enfranchise Cambodia’s thousands of migrant workers. ...

A newly developed fish-appetite detection system for aquaculture could be adapted for fish farms in the Lower Mekong region, it was reported Monday. Catch and Culture – Environment, the fisheries and environment newsletter of the Mekong River Commission,   said the system had been developed by Umitron ...

The Chinese military will continue its joint military exercise, dubbed Golden Dragon, with the Royal Cambodian Army next year, Chinese Defence Minister General Wei Fenghe told his Cambodian counterpart yesterday. ...

In a bid to improve the quality of vocational education in the country, the Ministry of Education and Unesco will submit a National Policy on Lifelong Learning to the Council of Ministers following multiple discussions on the matter. ...

At least 2 hectares of flooded mangrove forest in Koh Kong’s Peam Krasaop Wildlife Sanctuary have been filled in with sand from illegal dredging nearby, with local authorities and an NGO yesterday claiming an unidentified “powerful” tycoon was behind the environmental crimes. ...

Wah Sun Handbags International Holding unveiled plans yesterday to expand its Cambodia operations, citing the country’s low labour costs as the primary reason for the move. In a filing on the Hong Kong Stock Exchange, the handbag manufacturer announced plans to raise up to $18 ...

Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...

Prime Minister Hun Sen yesterday pushed officials, relevant ministries and institutions to pay attention and expedite solutions for people in land disputes. ...

Prime Minister Hun Sen yesterday responded to calls from acting opposition leader Kem Sokha for Cambodia’s “political family” to unite for the upcoming Pchum Ben festival, saying he would observe a “ceasefire” amid the escalating war of words between himself and the opposition. Speaking at a ...