News

Cambodia’s total public debt stock is expected to increase approximately 1.42 percent to reach $9.97 billion by the end of 2022 compared to over $7 billion five years ago, while the national budget law allowed the government to borrow about $1.26 billion or $1.7 billion ...

Amru Rice, this morning announced to receive the official certificate “Grade A” from the British Retail Consortium Global Standard (BRCGS) on the successful assessment and certified as meeting the requirements of “Global Standard for Food Safety” validity till the end of 2023. ...

Cambodia’s aim to become an automotive parts manufacturing hub, making a wide range of low-to-medium complexity components for export, is an important part of its plan to diversify the economy and also to offset the impact of the Covid-19 pandemic on the traditional key sectors, ...

The National Bank of Cambodia (NBC) received 306 cases of complaints and enquiries from consumers of services provided by banks and financial institutions through its hotline numbers in 26 cities and provinces in 2022. ...

A leaked report from experts at an international body overseeing Angkor Archaeological Park reiterated past congratulations for Cambodia’s efforts to dismantle illegal structures in heritage areas amid mass evictions of roughly 10,000 families from the site. ...

Just 3.5 hours away from Bangkok, Poipet is popular with tourists looking to exit and reenter Thailand’s border to gain more time in the kingdom, said Thaiger, a Thai based media outlet. ...

Communities are already facing lawsuits for traditional farming practices and seeing encroachment on ancestral lands as new draft laws are set to further erode protections, indigenous groups warned in a forum with government officials on Wednesday. ...

Prime Minister Hun Sen  said on Wednesday  Hun Sen, that Cambodia will allow the private sector to invest 100% in the new high-speed railway linking Phnom Penh capital of Cambodia to Ho Chi Minh City of Vietnam. ...

Several Cambodian families missing relatives who worked at a Poipet casino engulfed in a deadly fire in late December say weeks later they have still not received information or compensation from authorities and the casino’s owners. ...

China is a key contributor to Cambodia’s socioeconomic development and poverty reduction, Cambodian Economy and Finance Ministry’s Standing Secretary of State Vongsey Vissoth said here on Wednesday. ...

Cambodia and Switzerland have pledged to further strengthen trade relations and look into establishing a bilateral free trade agreement (FTA), as import-export flows between the two countries passed the $1.4 billion mark in 2022, according to a Ministry of Commerce statement. ...

Since November 2022, the APSARA National Authority has started the process of organizing the walkways at Angkor Wat to reduce the erosion of the stones and better control the flow of tourists visiting the temple. ...

Proper waste and solid waste management is a major challenge that could threaten the future of the rapidly growing tourism sector and broader economy, said stakeholders as they jointly committed to enhancing waste management in the urban and rural areas of Cambodia. ...

The preliminary results of a feasibility study to upgrade the Phnom Penh-Poipet railway into Cambodia’s first express railway indicate that the project would cost more than $4 billion and would take around four years to complete. ...

The Ministry of Rural Development confirmed that in 2022, the ministry had declared 472 communes in 39 districts in the country to have Open Defecation Free (ODF) status. ...

Cambodia, which successfully entered into several free trade agreements (FTA) last year, is looking at the prospect of having a similar partnership with Switzerland. ...

Proper waste and solid waste management is a major challenge that could threaten the future of the rapidly growing tourism sector and broader economy, said stakeholders as they jointly committed to enhancing waste management in the urban and rural areas of Cambodia. ...

Minister of Agriculture, Forestry and Fisheries Dith Tina on January 19 met with French Development Agency (AFD) country director for Cambodia Sandrine Boucher to pitch a potential new project that could turn ordinary fishermen into bona-fide aquaculture traders. ...

The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ...

The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...

The Kingdom of Cambodia and the Swiss Confederation have been committed to increasing existing bilateral relations and expanding cooperation in additional priority fields, including cooperation in international arena. ...

Construction of the Phnom Penh-Poipet high-speed railway will cost more than $4 billion and take about four years to complete. ...

Battambang Airport will be upgraded to be akin to Siem Reap airport as part of plans to attract more tourists to the country. ...

Cambodia has unveiled plans to expand the automotive and electronics sectors in the next three years by pumping more than $2 billion into the industries, generating about 26,000 new jobs. ...