Government

Foreign minister Sok Chenda Sophea has expressed Cambodia’s commitment to enhancing the ASEAN-EU Strategic Partnership, noting that it is based on mutual respect, understanding and interests. ...

Authorities have banned the collection of fees ranging from 10,000 to 20,000 riel from students to pay for classroom facilities, electricity, and bathroom services as it is in contradiction to the Ministry of Education, Youth and Sports’ (MoEYS) guidelines. ...

Investment in the financial sector declined by 28.7 percent in 2023, despite an increase in foreign direct investment (FDI) of 14.5 percent, according to the National Bank of Cambodia’s (NBC) 2023 annual report. ...

Cambodia has spent $1.4 billion in assisting the poor and vulnerable people in the country since 2019, Minister of Social Affairs, Veterans and Youth Rehabilitation Chea Somethy said on February 5, 2024. ...

The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include the third phase of Embedding Financial Literacy into the school curriculum to raise awareness and improve student capability in financial management as the economy evolves. ...

Prime Minister Hun Manet and Mariam Sherman, the World Bank (WB) country director for Cambodia, Myanmar and Laos, are dedicated to advancing human capital and enhancing six key sectors in Cambodia. These sectors encompass education, health, agriculture, digital technology, the environment and climate change. ...

The National Bank of Cambodia (NBC) sold $139.1 million through auction last year to stabilise the riel exchange rate and to rebound the economy, according to the central bank’s report released on Monday. ...

The Ministry of Environment has established 193 protected area communities for biodiversity conservation, natural resource management, culture and promotion of national economic development. ...

Cambodian Prime Minister Hun Manet yesterday encouraged the private sector to invest in frozen organ meat for sustainable local consumption. ...

The Ministry of Justice has set up a new task force to monitor court cases involving drugs, traffic and civil status cases to expedite the resolution of cases in the courts. ...

The Royal Government of Cambodia and the United Nations World Food Programme (WFP) inked here on Jan. 30 the Letter of Understanding on the Implementation of the WFP Country Strategic Plan 2024-2028 in the Kingdom of Cambodia. ...

Cambodia and Australia are willing to further strengthen their banking and financial cooperation, especially in the field of green finance and financial knowledge. ...

The Cambodia Development Cooperation Board of the Council for the Development of Cambodia (CDCB/CDC) and the Korea International Cooperation Agency (KOICA) held here at the CDC’s headquarters on Jan. 25 their “first bilateral meeting in 2024” to boost development cooperation and partnership between the two ...

The Cambodian economy is projected to grow by 6.4 percent in 2024, up from 5.5 percent in 2023, mainly driven by tourism and manufacturing sector, National Bank of Cambodia (NBC)’s Governor Chea Serey said on Friday. ...

Cambodia has been diversifying into the industrial sector from garment manufacturing to non-garment manufacturing, using skilled labour and technology in the production chains. ...

The United Nations (UN), through the Ministry of Foreign Affairs and International Cooperation of Cambodia, has provided compensation for peacekeepers wounded or killed for the cause of humanity and peace around the world during missions in Lebanon and Mali. ...

The banking and financial industry has remained strong despite uncertainties on global economic growth causing the bankruptcies of banks in some countries. ...

Cambodia has been ranked as the fourth Southeast Asian country to receive aid from China, totalling $17.7 billion, with Indonesia topping the table. ...

The Royal Government of Cambodia (RGC) has a total public debt stock of $10.72 billion by the third quarter (Q3) of 2023 of which 99.5 percent is public external debt and the remaining goes to the public domestic debt, said the Ministry of Economy and ...

The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ...

Prime Minister Hun Manet is scheduled to chair the Plenary Session of the Council of Ministers, which will be held on February 2, to review the implementation of the seventh mandate government’s Pentagonal Strategy. ...

Cambodia increased its tax collection by 4.49 percent year-over-year to $3.6 billion in 2023. We exceeded our target (101.13 percent) with this year’s collection, said the General Department of Taxation (GDT) at the Ministry of Economy and Finance. ...

Cambodia and Vietnam are committed to robust collaboration, particularly in combating drugs and transnational crime.  ...

The EU is advancing the field of fisheries science in Cambodia by supporting students in their research and educational pursuits. The initiative aims to improve management efficiency within the sector and to empower students by developing their scientific skills, thereby broadening their career opportunities, especially ...