News

At least nearly 30 cubic metres of illegal timber was discovered and confiscated from two separate warehouses in Sala Kamreuk and Chreav communes of the Siem Reap provincial capital last weekend. The owners of the locations reportedly fled the scene. ...

The minimum wage of $208 for workers in the garment, textile, footwear, and travel goods sectors will be implemented starting in January 2025. ...

Cambodia reported a 48 percent increase in the number of Chinese tourists to the UNESCO-listed Angkor Archaeological Park in 2024; an official report showed on Saturday. ...

The bilateral trade volume between Cambodia and South Korea reached $762 million by the end of last year, reflecting an 11.49% increase compared to the previous year. Cambodian exports accounted for $288 million of this total, rising by 13.77%, according to the Ministry of Commerce. ...

Cambodian Deputy Prime Minister Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, received a courtesy call from Derek Yip, Ambassador of Australia to Cambodia, at the ministry on January 2. ...

Cambodia achieved significant progress in its fight against malaria, with cases dropping by 74% in 2024, a health official said. Huy Rekol, Director of the National Center for Parasitology, Entomology, and Malaria Control, said that malaria cases fell from 1,384 in 2023 to just 355 ...

The National Bank of Cambodia (NBC), yesterday, urged Banking and Financial Institutions (BFIs), as well as the public, to help prevent the circulation of counterfeit US dollar (USD) banknotes in Cambodia. ...

As of November 2024, microfinance institutions (MFIs) across the board have restructured loan balances of over 96,000 clients amounting to nearly $400 million, according to a report released by the Cambodia Microfinance Association (CMA) yesterday. ...

The G7 nations of Japan and Canada are on track to be Cambodia’s fifth and sixth largest trading partners respectively in 2024, according to recent data released by the General Department of Customs and Excise (GDCE). The exchanges between the two countries and the Kingdom ...

The Royal Government through the Ministry of Industry, Technology, Science, and Innovation (MITSI) has encouraged micro, small, and medium-sized enterprises (MSMEs) to formally register with relevant authorities to access the government’s support program.​   ...

Despite strong export growth and a $1.15 billion revenue increase, Vietnam remains the largest market for exporting raw cashew nuts; this is due to challenges in domestic processing and infrastructure, particularly drying fields, that can hinder Cambodia’s potential to become a global leader in the ...

In a significant development, the National Social Security Fund (NSSF) coverage in 2024 increased to include an extra half a million citizens, bringing the total number of beneficiaries to 7.57 million people. ...

A new renewable energy certificate (REC) system will soon be introduced to encourage the growth of renewable energy and support manufacturing factories through boosting competitiveness and enhancing market access of Cambodia’s manufacturing sector in the global market. ...

Dith Tina, Minister of Agriculture, Forestry, and Fisheries, highlighted the government’s priority policies, including maintaining stable agricultural prices, deploying commune agricultural officers, and building modern agricultural communities, which must be paid attention to and implemented effectively and efficiently. ...

Tonle Sap Lake, the largest natural lake in Southeast Asia and regarded as the cornerstone of Khmer civilization, has provided immense economic benefits, contributing approximately $2 billion annually through fisheries, transportation, and tourism, according to a top government official. ...

Officials from the Ministry of Water Resources and Meteorology (MOWRAM) and Ministry of Land Management, Urban Planning and Construction (MLMUPC) are in a rush to register land titles for key government-owned water resources around the country to prevent land grabs and disputes. ...

Cambodia’s three international airports handled a combined 5.65 million air passengers in 2024, up 39.8 percent from 4.04 million a year before, a report from the State Secretariat of Civil Aviation (SSCA) showed. ...

The Ministry of Tourism (MoT) yesterday reported that Cambodia welcomed 3.54 million tourists during the last two days of 2024. This figure included nearly 50,000 foreigners while citizens accounted for 3.49 million. ...

As Cambodia ushers in 2025, its economic outlook reflects a mix of steady progress and high aspirations. As outlined in its medium-term public finance framework, the government forecasts an economic growth rate of approximately 6.3% for 2025. ...

As of mid-December, Prey Veng rice exports to Vietnam reached 2.94 million tonnes worth over $836.67 million, reported the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Monday. ...

Cambodia and Japan signed a deal yesterday for more than $7 million in grant aid to help the Kingdom with its high-priority urban planning and land management strategy. ...

The Council for the Development of Cambodia (CDC) Wednesday encouraged Vietnamese investors to invest and collaborate with Cambodian companies, particularly in high-potential sectors that can integrate with production supply chains in Vietnam. ...

Prime Minister Hun Manet Wednesday said that the Royal Government has set a goal to transform and develop border areas nationwide, starting with the northeastern border. ...

According to a news release from the National Bank of Cambodia (NBC) on Wednesday, Cambodia’s banking and financial institutions reported slow growth in lending during the first 10 months of 2024. ...