South Korea’s KB Kookmin Bank, New York-listed KB Financial Group Inc’s (KB) commercial banking unit, on October 20 announced the completion of the acquisition the remaining 30 per cent interest in Prasac, Cambodia’s largest microfinance institution, as it expands its business into the Kingdom’s financial ...

GIZ fabric – a project of the German international development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) to promote sustainability in the textile and garment industry in Asia – on October 18 launched the “Climate Action Training for the Fashion Industry” to support the industry’s ...

The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ...

Cheam Yeab – a National Assembly (NA) member for Prey Veng province and chairman of the NA’s Economics, Finance, Banking and Auditing Commission – was selected by the ruling Cambodian People’s Party (CPP) to be the NA’s first vice-president, replacing Nguon Nhel who passed away ...

Cambodia shipped out about 27,730.07 tonnes of peppercorn – both geographical indication- (GI) branded Kampot pepper and non-GI cultivars – in the first 11 months of 2021, up 456.53 per cent year-on-year, with Vietnam as the top buyer, the Ministry of Agriculture, Forestry and Fisheries ...

Prime Minister Hun Sen thanked China for its help with the construction of National Road 11 connecting Prey Veng to Tbong Khmum provinces, saying it will facilitate trade and ease the flow of traffic on the route. ...

Although Prime Minister Hun Sen has stated that he will be the Cambodian People’s Party (CPP) candidate for the top office for at least another decade, his recent endorsement of his oldest son Hun Manet as his successor may indicate some flexibility on his part ...

The Supreme Court has issued a summons for the founder of the National Heart Party (NHP), Siem Phluk, ordering that he appear with legal counsel at a hearing on December 24 to resolve a complaint he filed against the Ministry of Interior for refusing to ...

The Ministry of Health called on the public to be vigilant and prepared for the arrival of the Omicron variant in Cambodia so that they will not have any regrets when it gets here. ...

Minister of Interior Sar Kheng has requested that the Ministry of Education, Youth and Sport conduct a study on establishing education centres along the lines of the one Window, one Service offices to assist students with finding employment after they finish their studies. ...

The Ministry of Health has authorised a fourth dose of the Pfizer Covid-19 vaccines for certain target groups in Phnom Penh beginning on January 14 at certain national hospitals and extending to other institutions at later dates. ...

Bilateral trade between Cambodia and the US in the first 11 months of 2021 topped $8.396 billion, surging by more than 32.1 per cent from over $6.355 billion in the same period last year, according to US Census Bureau (USCB) data on January 10. ...

His Majesty King Norodom Sihamoni, King of the Kingdom of Cambodia, has signed into law the ratification of the Free Trade Agreement between Cambodia and South Korea on January 29, 2022, after it was cleared by the National Assembly and Senate. ...

The General Department of Taxation (GDT) has said it will work with 49 businesses that provide online services in Cambodia to promote the implementation of value-added tax (VAT) on e-commerce transactions, in a move that responds to the recent boom in the online market. ...

Under the “Cambodia Sustainable Landscape and Ecotourism Project”, the Ministry of Environment is developing its vision and investment plans for tourist destinations in the Cardamom Mountains, with a focus on establishing ecotourism in protected areas of Siem Reap, Kampong Speu and Koh Kong provinces. ...

Prime Minister Hun Sen once again spoke on weighty matters of war and peace, reiterating that development and democracy would not be possible without peace. ...

The Ministry of Public Works and Transport and the Ministry of Rural Development are to jointly inspect roads throughout the country to manage the development of road infrastructure and ensure traffic safety, according to an inter-ministerial prakas released on February 11. ...

On Tuesday, members of the elite Brigade 70 military unit fired warning shots and physically assaulted villagers as the soldiers attempted to clear a sectiOn of disputed forest in the Aoral district of KampOng Speu, according to local witnesses and a rights organizatiOn. ...

A senior official at the World Economic Forum (WEF) has expressed support for Cambodia’s chairmanship of ASEAN, committing efforts to find ways of helping the Kingdom achieve its goals in the fields of digital commerce and investment facilitation, the Ministry of Commerce said in a ...