News

Commerce Minister, Pan Sorasak, said on Tuesday that a border trade agreement with neighbouring Vietnam will bring mutual benefits, improving people’s living conditions along the border and creating favourable trade conditions. ...

Cambodia’s exports declined by 5.7 percent in the first quarter of 2023, with the value of goods exported standing at $5.4 billion compared with $5.8 billion in 2022, according to data released by the General Department of Customs and Excise. . ...

Representatives of the private sector and economists have encouraged regional developers to establish a private sector development council to invest in regional special economic zones (SEZs), as they called for renewed focus on the development of exiting SEZs. ...

A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June. But insiders and observers have expressed differing views on the precise provisions of the instrument, its potential effects on market competition, and ...

The Senate unanimously approved a draft law on the ratification of the State-Boundary Treaty between Cambodia and Laos, signalling acceptance of the results of a joint inspection of 86 per cent of the border. Negotiations around the demarcations have been ongoing for more than 28 ...

The National Election Committee (NEC) held an April 10 training session on the registration of political parties and candidates for the 7th parliamentary election, with 129 representatives of state institutions, political parties and NGOs in attendance. ...

Representatives from the Cambodian Confederation of Unions (CCU) and the Cambodian Alliance of Trade Unions (CATU) – along with trade unions and associations working in the labour sector – announced their intention to celebrate the 137th anniversary of International Workers’ Day on May 1, with ...

Authorities in Phnom Penh’s Por Senchey district on April 11 facilitated the negotiation of a settlement between a factory owner and its workers that ended their public protests in Choam Chao II commune. ...

The Ministry of Health and the Phnom Penh Municipal Administration said they expect the Techo Santepheap National Hospital to be completed in June this year. When complete, it will be the largest state-of-the-art hospital in the country. ...

Several NGOs, in collaboration with the government, held “My Good Husband, My Smart Children” event last week to promote nurturing care from both male and female caregivers for children from before birth until age 5, to help them thrive and reach their full potential. ...

Low-income countries and emerging economies – including Cambodia – are facing heightened sovereign debt distress amid a rise in interest rates in advanced economies, according to International Monetary Fund (IMF) economic counsellor and director of research Pierre-Olivier Gourinchas. ...

Commercial fish farmers along the Tonle Sap River in Kampong Chhnang province have called on the authorities to find a way to rescue the remaining fish in their fish farms, as the unrelenting hot weather continues to kill their fish. ...

The Ministry of Women’s Affairs and the UK embassy in Phnom Penh have agreed to work together on women’s empowerment, women’s education and ending violence against women and girls. ...

About 90 percent of hotel and guesthouse rooms in Siem Reap province are booked during the upcoming Khmer New Year, during the 10-year anniversary of the Angkor Sangkranta festival. ...

Cambodia’s display of origami hearts was included in the Guinness Book of Records on Tuesday as the world’s largest show of origami hearts, breaking the previous record held by Britain, a Guinness World Records adjudicator announced. ...

The Royal Government of Cambodia has allocated nearly $23 million to build a bridge across the Russei Chrum River, located in Chhay Lok village, O’Som commune, Veal Veng district, Pursat province, considered to become the tallest bridge in the Kingdom. ...

Cambodia received and operated 494 flights per week at its three airports in the first three months of this year, according to the preliminary data from the State Secretariat of Civil Aviation (SSCA)—Cambodia’s regulatory and development agency for civil aviation activity and infrastructure. ...

The Council for the Development of Cambodia approved 39 fixed asset investment projects worth $294 million in the first quarter of this year. ...

As Cambodia prepares to host this year’s Mekong Tourism Forum (MTF) in Sihanoukville, Minister of Tourism, Thong Khon, has unveiled Cambodia’s targets for tourism, aviation expansion plans, and encouraging tourists to explore beyond the hubs of Siem Reap and Phnom Penh. ...

Prime Minister Hun Sen said yesterday that the small and medium enterprises (SME) have played an important role in boosting economic growth in Cambodia, generating jobs for people, and contributing to poverty reduction. ...

Cambodia’s international trade decreased 14.5 percent to $11.3 billion in the first quarter of 2023, according to a report from the General Department of Customs and Excise yesterday. ...

Cambodia’s imports of oil, gas and coal rose by 7.8 percent in the first quarter of 2023, said a report from the General Department of Customs and Excise on Monday. ...

Nearly $700 million has been spent on the new $1.5 billion Techo International Airport (TIA), the main construction work on which has reached 46 per cent as of March 31, motivated by positive tourism growth, according to a senior civil aviation official. ...

Prime Minister Hun Sen has urged Cambodia Okhna Association to strengthen its solidarity to assist society and charity works, while accepting the position of Honorary President. ...