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 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. ...

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. ...

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 ...

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 ...

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. ...

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. ...

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 ...

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. ...

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 ...

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. ...

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 ...

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 ...

Cambodia is due to host the 3rd Joint Working Group Meeting of the Cambodia-Eurasian Economic Union (EAEU) Commission on September 7-8, which will focus on trade and investment cooperation. ...

Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing business if it is to continue on its impressive growth track, a visiting International Monetary Fund (IMF) official ...

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 ...

The Kingdom’s technical team and its Eurasian Economic Commission (EEC) counterpart recently assembled to share thoughts and opinions as both parties prepare for the third round of preliminary working-level talks toward formally launching free trade agreement (FTA) negotiations and expand trade markets and investments. ...

Loans and deposits at Cambodia’s 31 commercial banks grew 35 per cent and 25 per cent respectively during the first quarter of the year on what insiders called increased soundness in the Kingdom’s financial sector. Outstanding loans at the end of March hit US$4.6 billion, according ...