The Phnom Penh Post

The National Bank of Cambodia (NBC) has announced the enforcement of regulations on capital buffer and on credit risk for capital adequacy ratios (CAR) for banks and deposit-taking microfinance institutions (MFIs). These measures aim to bolster the management of diverse risks, it said. ...

Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

This year has seen the National Committee for Intellectual Property Rights (NCIPR) finalise a significant draft IP policy 2023-28 for submission to the Council of Ministers, as stated by minister and NCIPR chairman Pan Sorasak. ...

The Ministry of Water Resources and Meteorology and representatives of the Asian Development Bank (ADB) met for talks on June 27 to discuss long-term investment in projects that would support the ministry’s crucial functions. Following negotiations, the ADB prepared a new $200 million package of ...

The Cambodian Mine Action and Victim Assistance Authority (CMAA) have presented the results of a study on the impact of landmines and explosive remnants of war (ERW) in the first six months of the year, noting a 48 per cent reduction in the number of ...

Buddhist monks and members of the forest community of Sorng Rukhavorn Wildlife Sanctuary have expressed deep concern over illegal fishing activities in the sanctuary. ...

Prime Minister Hun Sen ordered troops stationed along the border with Vietnam to start “shooting down” unidentified drones flying into Cambodia’s territory, in a Tuesday Facebook Live post. ...

In a bid to uplift the livelihood of farmers and propel the government’s ambitious export plan, Kao Thach, director-general of the Agricultural and Rural Development Bank (ARDB), has called on rice mills and milled rice export companies to purchase rice from farmers at market price. ...

Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ...

The Tonle Sap Basin is now home to a new $4 million landfill. This crucial addition, part of the Second Urban Environment Management project, is set to enhance sanitation and environmental management services around the lake, part of which is located in Kampong Thom province. ...

All companies, enterprises and businesses that employ one or more employees are required to register with the National Social Security Fund (NSSF). Those who attempt to evade registering their staff will face legal consequences, explained Sok Bora, director of the NSSF’s Benefits Division, as he ...

The campaign period for next month’s general election will last 21 days, from July 1-21, said Prach Chan, head of the National Election Committee (NEC), who also called for calm in the run-up to the election. ...

World Vision Cambodia (WVC) has extended a helping hand to more than 4.5 million vulnerable individuals, with a major focus on the country’s youth. In light of these achievements, the organisation has announced a strategic five-year plan to ensure sustainable wellbeing for an additional five ...

Prime Minister Hun Sen requested that the Ministry of Justice prepare legal frameworks that will expedite the formation of dedicated commercial and labour courts. ...

Hun Manet, a future prime ministerial candidate for the ruling Cambodian People’s Party (CPP) hails the media’s vital role in strengthening democracy and societal development. ...

Infrastructure is of crucial importance in developing the nation as it serves as the economic arteries of the Kingdom, linking each province to the next, said Minister of Environment Say Samal. ...

The Ministry of Social Affairs, Veterans and Youth Rehabilitation has begun the third payments of its 13th round of cash transfer programme to more than 700,000 impoverished and vulnerable households. The programme began during the Covid-19 pandemic. ...

The Battambang Provincial Administration has rebuffed claims made by environmental NGO Mother Nature Cambodia that the historic Sangke River was being encroached upon by influential individuals who dumped soil into the river for personal gain.​ ...

Three ministries issued have a joint prakas on Health Equity Funds for employees in the informal tourism sector. The parkas, which was jointly signed on June 19 by Minister of Economy and Finance Aun Pornmoniroth, Minister of Health Mam Bun Heng and Minister of Labour ...

Cambodia is a signatory to 10 free trade agreements (FTA) which cost the Kingdom over $400 million in lost tax revenue each year. This is nonetheless recovered by the growth of investment and export markets, said the General Department of Customs and Excise of Cambodia ...

The government issued a June 22 sub-decree which established the General Department of Digital Economy under the Ministry of Economy and Finance, with the aim to ensure the effectiveness and efficiency of the Kingdom’s digital management and development. ...

The National Assembly (NA) on June 23 approved the construction of – as well as payment guarantees for – six clean-energy plants totalling 670 megawatts (MW) in an effort to stabilise the supply and bring down energy prices. ...

The amendments to the election law that were unanimously passed by the National Assembly on June 23 were not aimed at opposition parties alone, but would ensure that each of the Kingdom’s political parties would bear responsibility for the people, said Prime Minister Hun Sen. ...

Cambodia received more than 2.16 million international visitors during the first five months of the year, representing 75 per cent of numbers recorded in the same period of the pre-pandemic year of 2019. Minister of Tourism Thong Khon said the ministry hopes to see the ...