News

Cambodia’s newly-drafted Investment Law will be in effect as soon as in April 2021, according to Ministry of Economy and Finance secretary of state Phan Phalla on January 27. He made the remark at the Public Forum on Macroeconomic Management and Budget Law 2021, ushering ...

Corporate leaders and senior officials attended the second Stakeholder Dialogue on Consumer Protection yesterday. The Kingdom drafted its Law on Consumer Protection in 2019 to comply with the Consumer Protection in ASEAN project, which aims to increase competitiveness in the region. ...

Domestic tourism in Kampot province increased last year compared to 2019, despite the COVID-19 pandemic, the director of the provincial council said yesterday. ...

Life expectancy in Cambodia has increased to an estimated 75-years-old, according to the General Population Census of Cambodia 2019 issued on Tuesday. ...

Cambodia is expected to receive 20 million doses of the COVID-19 vaccine of which 11 million doses are donations from friendly nations and partner organisations. ...

The ASEAN Regional Mine Action Center (ARMAC) in Phnom Penh has signed a Memorandum of Understanding (MoU) with the Geneva International Centre for Humanitarian Demining (GICHD) to assist national mine action authorities in the Asean region. ...

Cambodia scored a 21 out of 100 on Transparency International’s (TI) Corruption Perceptions Index (CPI) for 2020, a one point improvement over last year’s score. ...

Cambodia has invited Russian investors to consider taking part in Cambodia’s oil sector. The invitation was made following Cambodia’s recent start of oil production in its maritime territory. ...

The Kingdom’s real economic growth is expected to recover by 4 percent in 2021 following a contraction of 3.1 percent in 2020, according to a report from the Ministry of Economy and Finance (MEF). ...

According to the government’s release this week of the Kingdom’s 2019 census report, the manufacturing and service sectors have accounted for the largest rise in employment over the last decade, seeing millions of jobs created across the country. ...

Tropicam Fruit and Vegetable Co Ltd will be rolling out a contract farming agreement with groups of farmers in Mondulkiri province on the supply, purchase and safe production of fruits and vegetables according to Good Agriculture Practice (GAP) standards. ...

Cambodia prioritised the development of its telecommunications infrastructure as a commitment at the first ASEAN Digital Ministers’ Meeting. ASEAN, already the most-connected region in the world, has set a goal for transitioning to a digital economy under the ASEAN Digital Masterplan 2025. ...

A $3.1 million garment factory will be built in Bati district of Takeo province, creating 702 jobs for the locals. The update was shared in a press release from the Council for the Development of Cambodia (CDC) yesterday following its approval of the investment project. ...

The government plans to boost non-garment manufacturing exports this year on the back of strong market demand as the availability of viable Covid-19 vaccines jumpstarts a global economy hungry for recovery. ...

The Ministry of Commerce is pressing on to register some of the Kingdom’s more renown products as collective trademarks and grant them domestic geographical indication (GI) to provide them with added exposure on the international market. ...

The US Embassy is taking a targeted approach to strengthen and showcase the American-Cambodian partnership this year through its AmCam 2021 initiative. ...

Three areas in Kampot province are now inscribed on the natural heritage list including Phnom Totong, Phnom Toch and Phnom Preah Kuhear Luong (Luong Cave). ...

Literacy rates in Cambodia have “increased significantly”, according to the General Population Census of Cambodia 2019 issued on Tuesday. ...

The Ministry of Information will expand its monitoring of social media posts to include more platforms. ...

The ongoing COVID-19 pandemic presents both challenges and opportunities to medical consultancies and air ambulance businesses in Cambodia and other parts of Southeast Asia. ...

The National Institute of Post, Telecommunications and Information Communications Technology (NIPTICT) and Bosch (Cambodia), a local subsidiary of the Bosch Group, Germany’s leading electronics and engineering company, signed a memorandum of understanding this week to develop a Digital Makerspace at the institution. ...

National Bank of Cambodia (NBC) officially launched its national retail payment system  “Retail Pay” yesterday to support and provide fast payment facilities for trade settlement and fund transfers in the Kingdom. ...

Just as the world scrambled for vaccines in the face of the COVID-19 pandemic, businesses were also forced to adapt to find their own commerce cures. ...

National Road 10, which will link Battambang to Koh Kong province, is now 43.75 percent complete and scheduled to open for traffic in 2023. This was announced by the Secretary of State of the Ministry of Public Works and Transport Bong Bun Hourn following an ...