News

Cambodia recorded an average annual FDI inflow growth of 8.1 percent from 2017 to 2021, according to ESCAP’s Asia-Pacific Trade and Investment Trends 2022/2023 Country Report for Cambodia. ...

The General Department of Taxation (GDT) at the Ministry of Economy and Finance collected $3.45 billion as income from taxes in 2022, which is equivalent to 122 percent of the target for the year. ...

“Techo Santepheap National Hospital”, the largest national hospital in Cambodia, is expected to officially open in June this year, providing services to people across the country. ...

An official of the Ministry of Economy and Finance said that the lack of skills is a barrier to Cambodia becoming a high middle-income country, according to the vision of the Royal Government. ...

Park rangers across th country cracked down on 5,376 cases of illegal timber trade, confiscating more than 1,000 cubic metres of wood, and 2,100 chainsaws, a senior Environment Ministry official said. Ministry spokesman Neth Pheaktra said the total number of case showed a marked decrease ...

A national policy to push Cambodia’s cashew industry has been approved with the aim of transforming the sector into a major global supplier. ...

After its rollout about a year ago, Cambodian banks and financial institutionals (BFIs) and members of the Cambodian Association of Finance and Technology (CAFT) have finally fully implemented the code of conduct and lending guidelines. ...

Changes to forestry and protected area laws are proceeding without enough public input, communities say, as drafts introduce hunting licenses and remove wording about ethnic minorities. The country’s Protected Areas Law and Forestry Law are being amended by the environment and agriculture ministries, respectively, sparking growing ...

A decade-old rubber plantation project beset with disputes with local residents has had its 9,000 hectares relocated to an intact forest in Stung Treng. A sub-decree signed by the Council of Ministers in March said 9,787 hectares would be provided to Horizon Agriculture Development as “compensation” ...

CGCC dished out more than $92 million in 985 business loans in 2022, providing a financial lifeline to companies battling against the impact of Covid-19 and global inflation. ...

An agreement has been signed for the construction of a $300 million airport on Koh Rong island, taking five years to complete. ...

Cambodia has 753,670 business establishments, employing 2.98 million people, the preliminary results of the 2022 Economic Census said here on Wednesday. ...

Champei Sar 70 is a new variety of rice named in late 2022 by Cambodian Prime Minister Hun Sen to mark the 70th anniversary of the establishment of diplomatic ties between Cambodia and Australia. ...

In December 2022, below-normal vegetation conditions were observed across the country, particularly in areas surrounding the Tonle Sap and northern parts of the country, which was likely linked to empty fields after harvesting wet-season paddy and/or lack of rainfall. ...

According to the World Food Programme (WFP), United Nations World Food Programme in partnership with Agricultural Marketing Office of the Ministry of Agriculture, Forestry and Fisheries’  Market & Seasonal Monitoring Update, in December 2022, the cost of the basic food basket  (BFB) in Cambodia had ...

The EU-sponsored “Let’s Clean Up the Tonle Sap” campaign was officially announced this month to raise awareness of the importance of sanitation and waste management among the fishing communities of the eastern Tonle Sap Lake, while improving their economic situation. ...

Prem Ratha, Deputy Governor of Kampong Thom, urged all relevant officials to promote the supply of clean water and sanitation to rural areas and asked the people to participate together to improve the well-being of the residents. ...

The Prey Lang Community Network (PLCN) in Preah Vihear province claims several cases of deforestation have been discovered in the Prey Lang protected area. ...

The tourism and housing industries in Cambodia are showing signs of recovery this year, according to the ASEAN+3 Regional Economic Outlook. ...

Cambodia earned $541.66 million from the export of rubber and rubber articles in 2022, recording a growth of 28.3 percent compared to the previous year, despite adverse conditions including a fall in the prices of natural rubber. ...

With the expectation of attracting around 4 million international and 15 million domestic tourists this year, Cambodia expects the tourism sector to generate about $4 billion. ...

Cambodia is projected to receive 4 million international tourists in 2023 after China’s optimization of its COVID-19 strategy early this month, a tourism official said on Tuesday. ...

The Cambodia Securities Exchange broke another record-high trading value for two consecutive years in 2022, as it received seven listings, an increase by 2.5 times over 2021. ...

Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached 31 billion U.S. dollars in 2022, up 4 percent from a year earlier, according to a Ministry of Commerce report released on Tuesday. ...