The Phnom Penh Post

Bilateral trade between Cambodia and the UK in the first seven months of 2023 fell 14.6 per cent year-on-year to $496.3 million from $581.4 million, with nearly 90 per cent of the value consisting of exports from Cambodia, according to the General Department of Customs ...

Delegates from China, UNICEF Cambodia and UNICEF China have commenced a three-day field visit to the country to assess the feasibility of implementing climate-resilient water and sanitation (WASH) technologies as part of the South-South Cooperation Programme. ...

The UN team responsible for promoting decent work commended the Cambodian government for its involvement in the decent work and social protection initiative. Minister of Labour and Vocational Training Heng Sour also asked the UN agency to further intensify its efforts to develop the nation’s ...

Minister of Education, Youth and Sport Hang Chuon Naron has reiterated the importance of developing Cambodia’s human resources, noting that the ministry remains committed to fostering cooperation with all relevant parties to hit the Kingdom’s educational reform targets. ...

The National Social Security Fund (NSSF) is set to launch a five-year strategy focused on job development and vocational training. This is a key step in broadening the range of services available to the families and dependents of fund members. ...

Action Education (formerly Aide et Action), a French organisation, is leading project CO-SAVED, which aims to aid nearly 400,000 citizens within fishing communities who are adapting to climate change. ...

A $258 million cement factory in Kampong Speu, approved by the Council for the Development of Cambodia (CDC) on August 24, is expected to raise the nation’s cement production capacity to more than 10 million tonnes per year. ...

In the verdant expanse of Preah Suramrit Kosamak Kirirom National Park, a notable endeavour is taking root. As part of a considerable environmental initiative, nearly 20,000 saplings have found a new home within the Buddhist Cultural Centre’s grounds. ...

The National Council on Minimum Wage (NCMW) convened for its second tripartite meeting on August 28, aiming to determine a minimum wage for workers in Cambodia. Representatives from trade unions and employers gathered for discussions, though a definite base salary figure remains undecided. ...

Investor protection is a top priority for the Securities and Exchange Regulator of Cambodia (SERC) – the authority in charge of monitoring, supervising and developing the sector in the Kingdom – one the body places the greatest importance. ...

Despite challenging global conditions, Cambodia’s finance sector delivered a reasonable performance in 2022 with a strong balance sheet growth, offset by higher expenses and credit costs. ...

When investing in stocks, investors can expect some of their assets to generate a dividend payment, a sum of money paid by a company to its shareholders out of its profits. Dividends are typically paid annually, but they can also be paid quarterly or monthly. ...

A multitude of international financial institutions and central banks have congratulated and expressed confidence over Chea Serey’s appointment as governor of the National Bank of Cambodia (NBC), acknowledging her expertise and qualification to develop the Kingdom’s banking sector. ...

Tax revenue in 2023 is expected to achieve 107.5 per cent of the 2023 Law on Financial Management, though the projection is lower than the collection achievement last year. ...

The new government led by Hun Manet has appointed Meas Sophorn, former spokesman for the Ministry of Information, as head of the Prime Minister’s Spokesperson Unit to convey Manet’s personal information, communicate with domestic and international media and issue statements. ...

Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties.​ ...

A senior official at the Ministry of Agriculture, Forestry and Fisheries said that with a significant increase in coffee consumption in Cambodia, the ministry supports the expansion of robusta coffee bean cultivation, noting that it remains limited. ...

A senior official at the Council for the Development of Cambodia (CDC) urged local investors to consider investing in sustainable timber wood to supply wood for the furniture-making sector which has a “huge growth potential”. ...

On August 22, both Cambodia and Thailand welcomed new prime ministers, marking a unique coincidence. ...

The ASEAN East Asian Economic Ministers’ Meeting has warned of the threat posed by geopolitical conflicts, noting that they have the potential to hindering the benefits brought about by globalisation. ...

On August 22, both Cambodia and Thailand welcomed new prime ministers, marking a unique coincidence. Former Prime Minister Hun Sen acknowledged this in a post to his official Telegram channel, highlighting the synchronicity of two constitutional monarchies ushering in new leadership on the same day. ...

Cambodia’s new foreign minister Sok Chenda Sophea, who is former secretary-general of the Council for the Development of Cambodia (CDC), pledges to complete the implementation of reforms introduced by his predecessor Prak Sokhonn. ...

In 2024, new social assistance initiatives are set to launch, following the completion of several existing programmes under the National Social Assistance Fund (NSAF). ...

ASEAN Secretary-General Kao Kim Hourn expressed optimism with the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement in a transparent manner, as businesses in the region have wider opportunities to trade and invest now. ...