News

In engaging with external partners, ASEAN needs to maintain its Centrality, both in words and, in deeds, amid rising geopolitical competition among major powers while stressing the principles of openness, transparency, and inclusiveness. ...

Cambodia attracted 113 fixed-asset investment projects worth $1.1 billion in the first half of 2023, creating some 122,000 new jobs, said a Council for the Development of Cambodia’s report on Tuesday.   ...

The National Social Security Fund (NSSF) on Wednesday announced it will provide NSSF cards to tuk tuk and motodop drivers, who can register to receive health insurance for a monthly contribution of 15,600 riel. ...

Cambodia and Myanmar are the ASEAN countries most strongly economically dependent on trade with China, with Australia the nation in Asia-Pacific that is most reliant on Beijing, according to the Global Peace Index 2023. ...

Cambodia’s first premium seaplane service is slated to start operations in late-2023 to early-2024, initially connecting Phnom Penh with locations within a 1.5-hour flying time. ...

Cambodia is experiencing a favourable demographic context and should seize the opportunity to lay deeper foundations for growth, including more investment to promote girls’ and women’s potential. ...

Five companies have been granted investment plan registration certificates by the Cambodian Investment Board (CIB), part of the Council for the Development of Cambodia (CDC). These firms, are mainly involved in textiles and garments and plan to set up factories across the country, investing around ...

The first ten days of the campaign for Cambodia’s 7th mandate general election went smoothly. ...

The Phnom Penh Department of Social Affairs confirmed there are 21,148 families in Phnom Penh who are in need of financial support due to rising costs and they will be interviewed to receive a subsidy from the government. ...

Opportunists in Kampong Chhnang province continue to invade flooded forest land in Kampong Leng district, despite authorities’ efforts to prevent criminal activities, particularly the crime of stealing machinery to clear the flooded state land. ...

Rice output in East and South Asia is forecast at 695 million tonnes for the latest season, one percent below the record in 2021, the Food and Agriculture Organisation of the United Nations (FAO) said Monday. ...

Cambodia and Singapore have launched a Financial Transparency Corridor (FTC) initiative intended to provide the necessary digital infrastructure for cross-border financial services and trade between small- and medium-sized enterprises (SME) in either country. ...

Minister of Environment Say Samal has announced plans to enhance infrastructure in two key protected areas to boost local livelihoods and sustainable tourism.​ ...

According to Cambodia’s Public Debt Statistical Bulletin Volume 18 published on June 8, the country’s public debt is composed of $10.23 billion in foreign debt and $42.45 million in domestic debt. ...

The“Handbook on Investing in Cambodia” was formally launched on July 10 to arm local and international players with critical knowledge before committing money and resources into domestic projects as well as to make more informed financial decisions here. ...

Developing economies in Asia and the Pacific this year are projected to see better performances than in 2022 as the continued easing of pandemic restrictions boosts consumption, tourism and investment, the Asian Development Bank (ADB) has said, highlighting “China’s reopening is the main factor brightening ...

The Ministry of Tourism (MoT) on Tuesday announced that the Cambodian People Party’s (CPP) election campaign may have led to a drop in local tourists. ...

Cambodia’s international trade performance in the first half of 2023 registered $23.69 billion, a decrease of 13 percent from $27.24 billion in the same period last year, according to a report from the General Department of Customs and Excise (GDCE) on Monday. ...

The National Bank of Cambodia (NBC) and UnionPay International (UPI) signed a deal on Monday to promote cross-border payment with China and improve the use of the Khmer riel. ...

The government has issued a new sub-decree to transfer funds for an additional five years to commune administrations for local development expenditures. The money will help to improve public services and local level development for the period between 2024 and 2028. ...

Australia’s special envoy for Southeast Asia, Nicholas Moore, said that his nation will deepen economic ties with Cambodia and other regional countries in ASEAN as part of engagement with the bloc. ...

Huge investment potential in Cambodian sectors such as automotive, agriculture development, tourism, technology and innovation, education, logistics and supply chains, and mining have been identified in the latest investment handbook. ...

The construction of Techo International Airport is now over 50 percent complete for the first phase and is expected to put into operation in 2025. ...

On the occasion of World Population Day, Prime Minister Hun Sen said that the country’s headcount has increased from 11.4 million to 16.8 million between 1998 and 2022. ...