News

The 2024 Cambodia Banking Conference, held in Phnom Penh from August 22-23, brought together industry leaders, policymakers and international partners to discuss the future of the country’s banking sector in the face of global economic challenges. ...

As China grapples with an economic slowdown, its ripple effects are being felt across Southeast Asia, with Cambodia among the countries closely watching the developments. ...

Deputy Prime Minister and Minister of Education, Youth, and Sport (MoEYS) Hang Chuon Naron on Monday led a meeting to discuss the revenue-expenditure plan at the leadership level for the education sector next year. ...

Governor Vy Samnang of Takeo province on Tuesday endorsed a proposal to establish a special economic zone (SEZ) on a 32-hectare area in Bati district by the Chinese Chamber of Commerce of Chaoshan. ...

On the first anniversary of Prime Minister Hun Manet’s administration, Minister of Environment Eang Sophalleth reviewed the advancements in Cambodia’s environmental sector. He conveyed optimism for the future, underscoring the government’s dedication to sustainability and cleanliness. ...

The government’s efforts to improve the livelihoods of farmers under the Pentagonal Strategy are proving successful, with 250 agricultural specialists having already assisted over 110,000 farmers in increasing their yield during the first stage of the programme. The second stage, which aims to recruit and ...

Cambodia has exported some 143,481 tonnes of bananas in the first seven months of this year, a decline of 20.59% over the same period in 2023, a report from the Ministry of Agriculture, Forestry, and Fisheries (MAFF) showed. ...

Deputy Prime Minister and Minister of Interior Sar Sokha, who also serves as chairman of the National Committee for Combatting Human Trafficking (NCCT), has directed all law enforcement and other authorities to intensify efforts to prevent human trafficking, noting that the perpetrators of those crimes ...

Prime Minister Hun Manet said on Tuesday that the country needs more Chinese investments, highlighting potential areas for investment. ...

The National Bank of Cambodia (NBC) on Monday launched the ‘Bakong Tourists App’ helping foreign tourists in Cambodia to make payments using the country’s universal KHQR code at over 3.3 million retail merchant outlets. ...

The Ministry of Economy and Finance (MEF) has issued guidelines and procedures for implementing the sub-decree aimed at encouraging individuals and businesses operating in the informal economy to comply with tax obligations. ...

Cambodia has become the world’s second-largest producer of raw cashew nuts, with a total production of 830,000 tonnes in the last seven months of 2024, according to the report of the Cashew Nut Association of Cambodia (CAC). ...

Cambodia is reeling from the loss of another Irrawaddy dolphin, found entangled in a fishing net in Kratie province. This case underscores the precarious existence of this critically-endangered species and has prompted renewed calls for stronger conservation measures. ...

The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have introduced new regulations to enhance responsible business practices and bolster consumer protection in the country’s banking and financial sectors. Announced on Friday, the new rules are designed to promote a sustainable ...

The Coordinating Committee for Developing the Informal Economy convened a meeting to assess progress and discuss plans to launch a digital platform for registering the informal economy. ...

Cambodia launched a payment system on Monday to enable tourists to pay at 3.3 million retail shops across Cambodia. ...

Public-listed Phnom Penh Autonomous Port (PPAP) netted a revenue of $18.32 million in the first half of 2024, a rise of 11.7 percent, compared to the same period last year, according to the latest report it filed with the Cambodia Securities Exchange (CSX). ...

Cambodia’s insurance sector continued to expand, but at a slower pace, with total premium reaching $87.6 million in the April-June period of this year. ...

In the one year of his rule, Prime Minister Hun Manet laid out policies for strengthening old friendships, launched new friendships and consolidated Cambodia’s position on the international stage, especially by streamlining its economic diplomacy. ...

Cambodia’s trade relations with Vietnam have seen significant growth in the first seven months of this year, with the total trade volume between the two neighbouring countries reaching over $4.6 billion. ...

Foreign direct investment (FDI) from the Republic of Korea ranks second in the Kingdom, where over 40 percent of its total capital went into banking and financial sectors, said Park Jung-Wook, Korean Ambassador to Cambodia. ...

Everyday, the equivalent of 2,000 garbage trucks full of plastic are dumped into the world’s oceans, according to the United Nations Environment Program. ...

The Cambodian Mine Action and Victim Assistance Authority (CMAA) has ramped up its educational campaign in Preah Vihear province’s Choam Ksan district, aiming to raise awareness about the dangers of landmines and unexploded ordnance (UXO) in the area, which has seen the highest number of ...

Farmers in Battambang province are being urged to reduce their use of chemical pesticides to combat insect infestations as the rice harvest approaches, due to concerns over the impact on quality, public health and export potential to international markets. ...