News

Consumer loans increased by 12 percent in the first half of 2024 compared to the previous year’s figure of 10.5 percent, said Association of Banks in Cambodia (ABC) Chairman and MayBank CEO Rath Sophoan at the Cambodia Banking Conference 2024, on Thursday. ...

With the trade volume between Cambodia and Indonesia exceeding $1 billion in 2023, the two countries on Thursday agreed to expedite the Memorandum of Understanding (MoU) on rice trade.​ ...

The National Council of Science, Technology & Innovation (NCSTI) recently held its 4th meeting to evaluate progress and establish strategic direction for Cambodia’s Science, Technology and Innovation (STI) sector.​ ...

The Oddar Meanchey Provincial Department of Agriculture, Forestry and Fisheries said that more than 4,000 hectares of rice fields in Chong Kal district have withered and been damaged due to insufficient water resources for irrigation.​ ...

Deputy Prime Minister and Minister of Education, Youth and Sport Hang Chuon Naron instructed a working group to verify the data of teachers in the capital and provinces to ensure accuracy and to improve the information system and quality of education in the Kingdom.​ ...

The focus on foodborne risk has increased with people falling ill due to contaminated or unhealthy food. Cambodia requires everyone including experts, policymakers, food producers and processors, distributors, retailers, and consumers to ensure safe food access. ...

Agriculture officials are set to be deployed to all communes in the four Cambodian provinces of the Cambodia-Laos-Vietnam Summit Development Triangle Area (CLV-DTA) to strengthen the agricultural sector. The four provinces are Ratanakkiri, Mondulkiri, Kratie and Stung Treng. ...

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). ...