The National Bank of Cambodia (NBC) on Wednesday officially launched The country’s national clearing system in order to increase efficiency and expand clearing and settlement services for inter-bank transactions. A central bank statement said that The central system can clear and settle payment instruments such as ...

Cambodia annulled licenses to four private firms whose concession of 40,000 hectares threatens Prey Lang, one of the richest national forests. A letter from the Council of Ministers to the Ministry for Agriculture, Forestry and Mining, in charge of managing the forests and the natural resources, ...

The European Union yesterday pledged to support Cambodia with three grants totaling $54 million, including one payment to help bolster The country’s ability to organize its public finances, officials announced at a press conference in Phnom Penh. “The E.U. will continue to support Cambodia with ...

European Union (E.U.) Ambassador to Cambodia Jean-Francois Cautain distanced himself Monday from a European Parliament resolution calling for an independent investigation into July’s disputed national election and the killing of five striking garment workers this month. the European Parliament on Thursday passed the resolution, which urges ...

The latest CBRE Cambodia Market View on The industrial market is upbeat about investment in The Kingdom, despite frequently touted political risks. “Cambodia remains an attractive destination for industrial work and operations, with low inflation rates of 2.9 per cent and comparatively low minimum wages,” says ...

A group of nine Montagnard asylum seekers hiding out in Ratanakkiri province had a close brush with law enforcement officials yesterday, even as a new group of the Vietnamese ethnic minority crossed the border into Cambodia, a rights group and a villager helping the hiding ...

Phnom Penh Governor Khuong Sreng urged the forces and authorities of the 14 districts to prepare for the opening of the 7th legislature at the National Assembly. ...

From 2017 to the present, 190 municipal and district administrations across the country have implemented sub-national administrative investment funds (SNIF). This is according to Dr. Keo Bengvath, the Royal Government delegate in charge of the Director General of the General Department of Finance and Sub-National ...

On 20 February 2021, the Ministry of Health issued a press release on the implementation of QR Code technology “Prevent Covid-19”. To increase the effectiveness in the prevention of Covid-19 from spreading, the Ministry of Post and Telecommunication has prepared QR Code requiring people to ...

The Garment Manufacturers Association in Cambodia (GMAC) informed The government yesterday that Their final offer in minimum wage negotiations with The country’s unions is $75 per month, $25 less than The unions had wanted. The $75 dollar figure, however, includes a $5 state-mandated health bonus, paid ...

Cheating on national grade nine and 12 exams – which has been rampant in the past – just got harder. the Anti-Corruption Unit (ACU) announced yesterday that it will enlist the services of independent NGOs, civil society groups and private companies to monitor the more than ...

Amid the winding-down of the Cold War in early December 1987, Prime Minister Hun Sen and Prince Norodom Sihanouk met in the quiet northern French village of Fère-en-Tardenois for their first talks on ending Cambodia’s intractable civil war. It was an overture that opened the ...

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. ...

“We want Cambodia to be a high-income country by 2050,” PM Hun Sen affirmed the ambitious prospect of Cambodia’s economy at the 2018 Cambodia Outlook Conference which Open Development Cambodia attended. the conference took place on Thursday, 15 March 2018 at the Hotel Sofitel Phnom ...

On 05 March 2021, the Ministry of Tourism issued a press release on the implementation measures for those who refuse to follow the quarantine procedures. To strengthen the prevention of COVID-19 transmission in the community, the ministry will take additional legal measures against those who ...

On 03 July 2023, the Credit Guarantee Corporation of Cambodia has posted a press release on prakas on credit risk for capital adequacy ratios in deposit-taking banks and financial institutions of national bank of cambodia on their official website.According to the press release, the purpose ...

The Ministry of Public Works and Transportation stopped issuing new driver’s licences yesterday on The heels of a pledge by Prime Minister Hun Sen to lower Their cost. ...

Following an agreement with Vietnam to boost cashew production in the kingdom, the Ministry of Agriculture has called on all provincial agricultural departments in the country to conduct studies on the areas that present the best conditions for growing the crop. On January 17, the ministry ...

The number of mobile connections in Cambodia has decreased slightly, from 19.91 million in 2016 to 18.57 million in 2017, a figure that is still higher than The country’s total population. ...

Cambodia had attracted some $427 million of investment from China last year, up 62 percent compared with the $263 million in a year earlier, according to a report by the Council for the Development of Cambodia (CDC). the cumulative Chinese investment in Cambodia has totaled $9.6 ...