Government

The National Bank of Cambodia (NBC) and National Police on February 2 issued a joint statement warning of the risks associated with informal financial services, which it said could put borrowers in excessive debt or otherwise upend their lives. ...

The merchandise trade volume between Cambodia and Malaysia totalled $620.373 million in 2022, rising by 23.33 per cent over a year earlier, with Cambodian exports accounting for a 18.03 per cent share, down by 2.11 percentage points on a yearly basis, according to the General ...

Hun Sen, Prime Minister of the Kingdom of Cambodia, spoke highly of the good partnership between Cambodia and the International Fund for Agricultural Development (IFAD) for 30 years. ...

The Ministry of Commerce has been preparing for the establishment of five Cambodian private business centres in main cities of China in order to promote the sale of Cambodian products in the Chinese market.​ ...

Cambodia mildly improved its score on Transparency International’s 2022 corruption index released Tuesday, but remains considered among the most corrupt countries globally. ...

Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...

Prime Minister has congratulated General Department of Taxation (GDT) chief Kong Vibol on a job well done after the agency last year collected revenues equivalent to 122.54 per cent of the target set by the annual financial management law, in the “highest surplus of all ...

The Cambodian Red Cross (CRC) has signed an agreement with the Finnish Red Cross (FRC) on a programme to promote humanitarian and community health activities in four provinces. ...

Indian and Cambodian officials on January 30 planted 70 trees at Jayavarman-Norodom Phnom Kulen National Park in Siem Reap, in a ceremony held to commemorate the 70th anniversary of diplomatic relations between the two nations and to inspire people to care for the forest. ...

The Ministry of Education, Youth, and Sport said the more than 1,000 students who earned A grades in last year’s high school examinations are set for their February 2 meeting with Prime Minister Hun Sen. ...

The Ministry of Posts and Telecommunications (MPTC) has launched online registration of domain name with the official extension .kh to increase the efficiency and effectiveness for individuals and institutions to develop their websites that would be used to communicate with customers and the public through the ...

The Royal Government of Cambodia (RGC) is set to prepare and launch the informal economy policy before the end of 2023 to develop and upgrade the informal sector in a management system under the formal economy, said a top official of the Ministry of Economy ...

Prime Minister Hun Sen lauded the General Department of Taxation (GDT) for its efforts in collecting tax revenue that exceeded the budget plan in 2022, adding that the increased tax revenue contributed to the national economic development. ...

A total of $3.4 billion was collected in taxes in 2022, marking a 23.96 percent increase from 2021. ...

The Ministry of Commerce registered 10,701 new companies and enterprises in 2022, up 40 percent from 2021, reflecting Cambodia’s post pandemic economic recovery, said a report of the Ministry of Commerce released earlier this week. ...

The Economic Intelligence Centre of the Siam Commercial Bank forecasts the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, will gain a stronger growth momentum in 2023, but remain below its growth potential prior to the COVID-19 outbreaks. ...

Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai on January 31 received Cambodian Consul General in the city Sok Dareth who came to bid farewell at the end of his tenure. ...

Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation, will lead a delegation to attend the 32nd ASEAN Coordinating Council (ACC) and ASEAN Foreign Ministers’ (AMM) Retreat, which will be held on Feb. 3 in Jakarta, at the invitation of Mrs Retno ...

Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...

Three local products are in the final stages of domestic geographical indication (GI) registration, with another not far behind, the Ministry of Commerce reported, raising hopes that the protected status would allow producers to expand their footprint globally, and promote a surge in the value ...

The Ministry of Commerce plans to set up five Cambodian private business centres in China to step up the Kingdom’s exports to the East Asian giant and maximise use of the bilateral free trade agreement (FTA) between the two countries, the ministry’s two-day annual meeting ...

Cambodia ranks 150 of 180 countries in the annual Corruption Perceptions Index (CPI) for 2022, an improvement over 2021, when the country ranked 157th. ...

The government will issue a sub-decree to extend the validity of expired ID cards to enable people to cast their ballot for the National Election on July 23. ...

The government’s strategic measures and reforms helped Cambodia register remarkable export growth, the Ministry of Commerce said yesterday. ...