Government

Last year saw 7,860 new businesses register with the Ministry of Commerce, down 40.72 percent from 13,259 in 2019. At the same time, the ministry dissolved 500 businesses last year, marking a 187 percent increase from 174 in 2019. ...

Following the announcement last week by KrisEnergy Ltd of less-than-anticipated results from oil production at the Apsara Mini Phase 1A development, a senior official from the Ministry of Mines and Energy said the government could penalise  the company or terminate its licence. ...

Information Minister Khieu Kanharith and the Ministry of Health launched a large scale vaccination campaign for journalists and information officials, which started yesterday and will run until April 9. ...

The Ministry of Environment rejected a report from the Global Initiative Against Transnational Organised Crime which claimed that Cambodia had lost more than 50,000ha of forest cover in Prey Lang Wildlife and Preah Rokar-Chheb Wildlife Sanctuaries over an 18-year period.   ...

National Assembly president Heng Samrin has encouraged the newly appointed ambassadors of two Asean nations, Singapore and the Philippines, to promote more cooperation, according to a statement released on his official Facebook page yesterday. ...

An official from the Ministry of Commerce said the Regional Comprehensive Economic Partnership Agreement (RCEP) will definitely open up opportunities for Cambodia. He was speaking in response to a report released by the United Nations Conference on Trade and Development (UNCTAD) citing potential serious negative ...

Speaking at the virtually held ASEAN Finance and Central Bank Deputies’ Meeting (AFCDM), Neav Chanthana, deputy governor of the National Bank of Cambodia (NBC), said that members are committed to pushing economic growth in the region despite the Coronavirus pandemic. ...

A senior Ministry of Environment official has rejected the Cambodian Youth Network (CYN) report detailing 100 illegal logging incidents they claim took place in early 2021 in Prey Preah Roka Wildlife Sanctuary in Preah Vihear province. ...

The National Election Committee (NEC) plans to hold a pilot election on May 23 to test the accuracy of registered political parties, candidate and voter lists, and vote counting using information technology. The election is in preparation for the upcoming commune and national elections set ...

Prime Minister Hun Sen has decided to create Bokor town in Kampot province’s Bokor area by combining three communes from the province’s Teuk Chhou district to ease administration and aid development. ...

Thirty-one Cambodian tariff lines – mostly agricultural products – now carry the zero rate to neighbouring Vietnam for 2021-2022, the Ministry of Commerce announced on March 25. ...

The private sector rejoiced as the government on March 25 announced its eight round of measures to keep businesses afloat and stimulate economic growth as the Kingdom grapples with surging novel coronavirus infections. ...

The Association of Telecommunication Operators in Cambodia (ATOC) was officially launched on March 25 in a move to build a united voice in dealing with relevant stakeholders and the Royal Government of Cambodia for the development of the telecommunications industry. ...

Chinese tourist arrivals to the Kingdom plummeted 86 percent last year to 329,673 compared to 2,361,849 in 2019 amid global uncertainty concerning the potential impact of the novel coronavirus, according to Ministry of Tourism data. ...

The government has disbursed $291 million to 692,092 eligible families who were hit hard by the COVID-19 pandemic between July last year and Wednesday (March 24). ...

Cambodia and Singapore have spoken highly of their good friendship and cooperation, especially in the fields of economy, health and people-to-people relations. ...

The Ministry of Education, Youth and Sport in partnership with Kampuchea Action to Promote Education (KAPE) is setting up modern libraries equipped with internet connections at 16 schools in Ratanakkiri, Kratie and Tbong Khmum provinces to promote student literacy. ...

Cambodia Post (CP) has imposed more stringent time demands for its domestic Express Mail Service (EMS) across its branches to carve a larger slice of the local market and offset the Covid-19 pandemic’s toll on international postage services, the state-owned enterprise said in a notice ...

The government on March 22 issued a plea to developers of borey gated-communities and condominiums in Cambodia to ease some of the financial pressure facing customers to pay monthly installments until the end of March 2022, in light of the Covid-19 pandemic. ...

The Ministry of Labour will launch a new job website – WORKNET – on employment services and labour market information in Cambodia on April 8, to help Cambodians find jobs during the pandemic. ...

Garlic is becoming another potential cash crop for Cambodia’s north-eastern province of Mondulkiri – thanks to the remarkable success of a pioneer farmer. The good news was shared recently in a Facebook post by the Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...

The much-anticipated Inclusive Business Enabling Environment for Cambodia (IbeeC) strategy will be adopted soon to meet the needs of 1.7 million poor and low-income Cambodians by 2023, a wide-ranging virtual meeting conducted by the Ministry of Industry, Science, Technology and Innovation heard on March 18. ...

The increasing adoption of machinery in Cambodia drove down the use of bovines as draught power in the agricultural sector to below one per cent last year, a trend a senior official at the Ministry of Agriculture, Forestry and Fisheries believes will extend into the ...

Cambodia continues to face a multitude of challenges as digital payments and solutions graduate from a niche business to a key segment in the Kingdom’s development strategy, according to National Bank of Cambodia (NBC) assistant governor Chea Serey on March 17. ...