News

Cambodia’s long term economic growth faces significant threats from climate change and could dampen prospects for becoming an upper-middle income country in the coming years, according to the Asian Development Bank (ADB) report issued last week. ...

Prime Minister Hun Sen has announced that all Covid-19 preventive measures, including mask wearing and rapid tests at various establishments, are now officially lifted following zero new cases of transmission in recent days, including the Khmer New Year. ...

Due to the slower global economic recovery and conflicts between Russia and Ukraine, the government has issued guidelines aimed at maintaining the stability of the construction and real estate sector, considered a priority sector to support overall economic growth in Cambodia. ...

Vietnam’s GDP is projected to grow 5.8 percent this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF). ...

The Ministry of Education, Youth and Sport has announced the annual schedule for junior high school Diploma and high school Baccalaureate (Bac II) final examinations. ...

Cambodia reported 1.26 million air travelers during the first quarter of 2023, up 549 percent from only 195,000 passengers over the same period last year, said the State Secretariat of Civil Aviation’s report released on Wednesday. ...

A highway operator’s spokesman said on Wednesday that 2.53 million cars have gone on the Phnom Penh-Sihanoukville Freeway in the 200 days since it opened to the public in October last year. ...

Cambodia is promoting low-emission transport modes by implementing electric motorcycles and a network of charging and maintenance stations. ...

Cambodia exported milled rice worth $126 million overseas in the first three months of 2023 – an increase of $20.9 million, or about 19.9 per cent, over the same period last year, according to data from the General Department of Customs and Excise of Cambodia ...

The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian Development Bank (ADB), World Bank (WB) and International Monetary Fund (IMF). ...

The finance ministry’s taxation and customs departments collectively netted $1.908 billion in revenues in the first quarter of 2023, marking just over 30 per cent of the full-year target, official figures show. ...

While improving their livelihood, Cambodian migrant workers, including those in the Republic of Korea (RoK), have significantly contributed to boosting the national economy. ...

Cambodia’s exports to India went up by 67 percent during the first quarter (Q1) of the year, the fastest growth among the top 20 countries that export from the Kingdom. ...

The Bakong system, the interbank transaction platform of the country launched by the National Bank of Cambodia (NBC), has helped with the de-dollarization efforts of the central bank through payments using KHQR and also by promoting cross-border payments.​​ ...

Cambodia’s export to South Korea significantly increased in the first quarter of this year, thanks to the bilateral free trade agreement, which was put into force last December. ...

More than 40,000 people benefitted from free bus services provided by authorities during the three day-long Khmer New Year (KNY), said Phnom Penh department of public transport. ...

MORE than 100 journalists, including foreigners, have registered with the National Election Committee (NEC) to cover the upcoming national election. ...

The National Bank of Cambodia (NBC) and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MOU) to promote cross-border payments and remittances between Cambodia and India. ...

The Cambodian government has adopted a new strategy for the garment, footwear and travel goods (GFT) sector that focuses on strengthening human resources, improving working conditions, promoting investment in high-value industries, and attracting investment in supportive industries. ...

The Ministry of Water Resources and Meteorology (MOWRAM) warned the public of rainfall, along with thunder, lightning and gusts across the country from April 19 to 25. ...

The Council for the Development of Cambodia (CDC) on April 17 announced that it approved five new investment projects with a cumulative capital commitment of $103.3 million, which are expected to generate a total of 1,168 jobs. ...

Cambodia has welcomed two new-born Irrawaddy dolphins so far this year, the country’s Ministry of Agriculture, Forestry and Fisheries (MAFF) said in a news release on Tuesday. ...

The Cambodian banking sector remains strong and not at significant risk of collapse, despite the occasional incidence of foreign investors pulling back after being spooked by “negative” news stories, according to Belgium-based global impact fund Incofin Investment Management Comm VA. ...

Ke Kim Yan, chairman of the National Authority for Combating Drugs (NACD), instructed all forces in Banteay Meanchey province to maintain national defence, and ensure peace, political stability and a good relationship with neighbouring Thailand. ...