News

The Phnom Penh Department of Social Affairs confirmed there are 21,148 families in Phnom Penh who are in need of financial support due to rising costs and they will be interviewed to receive a subsidy from the government. ...

Opportunists in Kampong Chhnang province continue to invade flooded forest land in Kampong Leng district, despite authorities’ efforts to prevent criminal activities, particularly the crime of stealing machinery to clear the flooded state land. ...

Rice output in East and South Asia is forecast at 695 million tonnes for the latest season, one percent below the record in 2021, the Food and Agriculture Organisation of the United Nations (FAO) said Monday. ...

Cambodia and Singapore have launched a Financial Transparency Corridor (FTC) initiative intended to provide the necessary digital infrastructure for cross-border financial services and trade between small- and medium-sized enterprises (SME) in either country. ...

Minister of Environment Say Samal has announced plans to enhance infrastructure in two key protected areas to boost local livelihoods and sustainable tourism.​ ...

According to Cambodia’s Public Debt Statistical Bulletin Volume 18 published on June 8, the country’s public debt is composed of $10.23 billion in foreign debt and $42.45 million in domestic debt. ...

The“Handbook on Investing in Cambodia” was formally launched on July 10 to arm local and international players with critical knowledge before committing money and resources into domestic projects as well as to make more informed financial decisions here. ...

Developing economies in Asia and the Pacific this year are projected to see better performances than in 2022 as the continued easing of pandemic restrictions boosts consumption, tourism and investment, the Asian Development Bank (ADB) has said, highlighting “China’s reopening is the main factor brightening ...

The Ministry of Tourism (MoT) on Tuesday announced that the Cambodian People Party’s (CPP) election campaign may have led to a drop in local tourists. ...

Cambodia’s international trade performance in the first half of 2023 registered $23.69 billion, a decrease of 13 percent from $27.24 billion in the same period last year, according to a report from the General Department of Customs and Excise (GDCE) on Monday. ...

The National Bank of Cambodia (NBC) and UnionPay International (UPI) signed a deal on Monday to promote cross-border payment with China and improve the use of the Khmer riel. ...

The government has issued a new sub-decree to transfer funds for an additional five years to commune administrations for local development expenditures. The money will help to improve public services and local level development for the period between 2024 and 2028. ...

Australia’s special envoy for Southeast Asia, Nicholas Moore, said that his nation will deepen economic ties with Cambodia and other regional countries in ASEAN as part of engagement with the bloc. ...

Huge investment potential in Cambodian sectors such as automotive, agriculture development, tourism, technology and innovation, education, logistics and supply chains, and mining have been identified in the latest investment handbook. ...

The construction of Techo International Airport is now over 50 percent complete for the first phase and is expected to put into operation in 2025. ...

On the occasion of World Population Day, Prime Minister Hun Sen said that the country’s headcount has increased from 11.4 million to 16.8 million between 1998 and 2022. ...

FacebookTwitterEmailShare“Handbook on Investing in Cambodia” has been launched as a practical guide for foreign investors looking for opportunities in the Cambodian market, with a particular focus on the 2021 Law on Investment. ...

The value of Cambodia’s total goods exports in the first half of the year reached $11.464 billion, up more than 0.75 per cent on an annual basis from $11.379 billion and up nearly 3.25 per cent from $11.104 billion in the second half of 2022, ...

Talks are underway to promote Cambodian rice on the Alibaba platform with the aim of increasing sales by competing in the Chinese market. ...

Cambodia cemented itself as a regional leader in the finance sector when the nation signed a deal with Singapore in March to exchange consumer credit information. This marked the region’s first cross-border initiative between two countries’ credit bureaus. ...

The Kingdom’s competition law framework has grown steadily to become more robust during the last two years, according to a leading law firm in the region pioneering intellectual property rights. ...

FacebookTwitterEmailShareThe small and medium enterprises (SMEs) in Cambodia play an important role in socio-economic development and it is necessary to encourage SMEs to embrace the principles of sustainability and inclusiveness, a top official said. ...

From January to mid-June 2023, authorities have cracked down on 3,143 drug-related crimes and arrested more than 7,480 suspects for prosecution. ...

The arrest of a Candlelight Party member in Bangkok last Friday was related to his activism against the ruling Cambodian People’s Party (CPP), a National Police spokesperson said. ...