News

Senior Cambodian and Thai officials are reportedly discussing a joint development area (JDA) for oil and gas exploration within the 26,000sq km Overlapping Claims Area (OCA) – estimated to hold up to 500 million barrels of oil and gas deposits under the seafloor – in ...

Walmart, the world’s largest retailer intends to learn more about Cambodia’s trade and investment potential, potentially expanding its business in a future collaboration with the Ministry of Commerce. ...

The government has extended a suspension of “advance income tax” until the end of 2025 for eligible textile-related enterprises, a good deal of which have been hurt by a drop in orders as a result of global economic headwinds linked to the ongoing Ukraine crisis. ...

The Prime Minister Hun Sen on Friday issued a notification on focusing on mine action management to achieve a mine free year by 2025. ...

Investment projects worth $16 million are expected to create more than 4,600 jobs in Cambodia as the Council for the Development of Cambodia (CDC) last week gave the project registration certificate to three companies. ...

Cambodia exported $11,391 million worth of products to the United States in January-November of 2022, a 42 percent increase compared to the same period last year, the US Census Bureau reported yesterday. ...

The Council for the Development of Cambodia (CDC) approved fixed asset investment projects worth over $4.685 billion in 2022, up 7 percent as compared to a year before. ...

With the launch of a new electricity transmission line by the Lao People’s Democratic Republic up to Cambodia, the energy trade, cooperation, and relations between the two Southeast Asian neighbours are set to get a power boost. ...

As Cambodia readies to welcome an expected influx of Chinese tourists, the Ministry of Tourism said that it expects Cambodia to receive about seven million tourists by 2025. ...

Cambodia exported more than 637,000 tons of rice last year, with nearly half going to China, official data showed on Friday. ...

Momentum is growing for the resumption of long delayed talks between Thailand Cambodia on joint petroleum exploration in the Gulf of Thailand, after the two countries showed interest in oushing ahead with the project. ...

Cambodian people across the country Saturday commemorated the 44th anniversary of the January 7 Victory Day (1979 – 2023). ...

Cambodia’s Ministry of Tourism (MoT) have said that the kingdom is ready to welcome the return of Chinese investors and tourists, saying that their presence is vital for its tourism and socioeconomic development. ...

Cambodia attracted fixed-asset investment of $4.68 billion in 2022, up 7.5 percent from $4.35 billion in a year earlier, a Council for the Development of Cambodia’s report showed on Friday. ...

Relatives of infamous Pheapimex CEO Choeung Sopheap received forest land in the center of Kirirom National Park, while a minister, tycoons and an apparent relative of first lady Bun Rany all received state land, according to official documents published in late December. ...

Minor party leaders say voting irregularities they flagged after last year’s commune election have not been addressed by the National Election Committee, which has ignored most of their suggestions for electoral reform. ...

As the 2023 national election approaches, The National Election Committee (NEC) has rolled out the rules and procedure for all relevant parties. The regulations were issued following consultation meetings with relevant parties, including representatives from political parties and election observation civil groups. ...

The UN Development Programme (UNDP) applauds the progress Cambodia has made towards ratification of the Marrakesh Treaty, with the Kingdom taking a major step towards becoming a member of the treaty on World Braille Day this year. The Marrakesh Treaty is an international legal instrument which ...

The Ministry of Agriculture, Forestry, and Forestry has set a new concept aiming to promote agricultural production, keep prices stable and increase value-added potential products for exports. ...

The Ministry of Women’s Affairs and NGOs are voicing concerns about the need to improve gender equality in remote areas among youngsters. ...

Cambodia has a fisherman population of about 1.5 million, of which 1,395,000 are freshwater fishermen and 105,000 sea fishermen. ...

Indicating a renewed interest in travelling, the famous UNESCO World Heritage Centre Angkor Archaeological Park, attracted 287,454 foreign tourists in 2022 and earned $11.5 million last year, the state-owned Angkor Enterprise said in a statement. ...

Orders for garments and footwear have not picked up in Cambodia last year, and it will continue to decline, according to a senior official of the Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC). ...

The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) yesterday issued a set of guidelines for all enterprises that are resident taxpayers, public institutions and non-governmental organisations (NGOs) and have tax obligations to implement the new monthly salary tax from ...