The Phnom Penh Post

Traffic accidents persist on Cambodian roads, driven by factors like non-compliance with traffic laws and driving under the influence, officials said. ...

A senior Ministry of Environment official has explained that although Cambodia is a low emitter of greenhouse gases, it is committed to contributing to climate change action. ...

The government plans to spend $165 million in 2024 to benefit 2.8 million equity cardholders from around 700,000 households, with disbursements set to commence next April. ...

Minister of Environment Eang Sophalleth outlined a number of mechanisms and strategies that will support Cambodia’s contribution to the prevention and reduction of climate change impacts, as he addressed a major UN conference. ...

King Norodom Sihamoni has issued a Royal Kram promulgating the 2024 Law on Financial Management after the National Assembly (NA) approved it on November 16 and the Senate reviewed it on November 24. ...

The National Bank of Cambodia (NBC) and the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) have entered into a memorandum of understanding (MoU) to promote sustainable finance in Cambodia. ...

Two internationally-backed cashew processing plants are slated to begin operating in Kampong Thom province, with a potential export manufacturing capacity of more than 20,000 tonnes per year. ...

The Council for the Development of Cambodia (CDC) and the Cambodia Chamber of Commerce (CCC) have scheduled a private sector forum between Cambodia and the United Arab Emirates for the first quarter of next year. ...

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. ...

Cambodia and Hungary are moving swiftly to finalise the content of the draft for the Cambodian-Hungarian Joint Committee on Economic Cooperation (JCEC), a significant step towards boosting bilateral trade and investment between the two countries. ...

The Cambodian government had a total public debt of $10.72 billion as of September 2023, according to the Cambodia Public Debt Statistical Bulletin released by the Ministry of Economy and Finance on Friday. ...

Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...

The government’s national revenue collection in the first 10 months of 2023 reached nearly $4.9 billion, equating to almost 78% of the target set by the 2023 Law on Financial Management, while total expenditures stood at over $6.3 billion, as reported by the Ministry of ...

To aid in the reform of Cambodia’s fisheries sector, approximately $7 million in funding has been allocated by the EU for the effort. ...

Australian mining company Renaissance Minerals (Cambodia) Ltd is seeking to expand their gold mining operations beyond Mondulkiri province, with the Ministry of Mines and Energy urging them to look into Tbong Khmum’s Memot district. ...

The Ministry of Education, Youth and Sport has released the overall results of this year’s grade 12 high school examinations and announced that nearly 100,000 candidates have passed the exam, or about 72 per cent of the total number of candidates. ...

For Seoung Lort, understanding financial literacy is crucial, especially among ethnic communities with limited access to education due to their remote, mountainous dwellings, far from public schools. ...

Cambodia garnered $62.8 million in e-commerce value-added tax (VAT) revenue during the first ten months of 2023, signifying a surge in electronic products and services in recent years. The income was collected from 82 non-resident taxpayer enterprises, supplying digital-related goods from abroad, according to the ...

The government has amassed over $3 billion in taxes during the first ten months of 2023, reaching 85.87% of the target set by the 2023 Law on Financial Management. ...

Locals from some communities with ongoing land disputes are not optimistic about the government’s new out-of-court dispute resolution authority. Prime Minister Hun Manet announced last month that the government body could resolve civil matters more quickly than Cambodia’s courts, but land disputants are wary of ...

The court has decided to release Piphup Deimeas Company owner Hy Kimhong on bail although the case has yet to be resolved. Amid this, thousands of families who invested in his business are facing serious debt issues and seek a resolution. ...

The Ministry of Labour and Vocational Training has urged young people to promptly register for courses at technical institutes throughout the country. The move follows the government’s official announcement of a national programme on technical and vocational training for 1.5 million young individuals from impoverished ...

The Fourth Intergovernmental Conference on Angkor at UNESCO in Paris has concluded, with King Norodom Sihamoni suggesting that UNESCO send technicians to help Cambodia with human resource training to combating the illegal trade in artefacts, and preparations for the future registration of the Kingdom’s tangible ...