News

The nearly 160 per cent surge in investment capital behind a slew of new large-scale investment projects outside of Cambodia’s special economic zones (SEZ) reported for the first half of 2022 has fanned optimism for a boom in production and exports – underpinned by favourable ...

Cambodia is looking to drum up interest among Korean investors in the production of goods in the Kingdom for export to their home market, and push bilateral trade beyond current levels – $549.930 million in the first eight months of 2022, up by 6.42 over ...

The French government through the French Development Agency or Agence Française de Développement (AFD) has maintained its annual financing commitment at about $100 million as a concessional loan for Cambodia to develop and recover the country’s post-Covid-19 economy in line with its national development strategy ...

The Asian Development Bank (ADB) maintained its economic growth forecast for Cambodia at 5.3 percent in 2022, but lowered the 2023 forecast to 6.2 percent from the earlier prediction of 6.5 percent due to weaker global growth, according to its updated outlook report released on ...

An International Monetary Fund (IMF) team led by Alasdair Scott said “The Cambodian economy has been recovering, but faces new challenges. ...

ACLEDA Bank, one of Cambodia’s largest banks, today revealed it has been crowned the “Best Bank Partner for SMEs in EAP Award” by Washington DC-based International Finance Corporation (IFC), which is a member of the World Bank Group. ...

As Lieutenant General Hun Manet, the Royal Cambodian Army (RCA) Commander and Deputy Commander-in-Chief of the Royal Cambodian Armed Force (RCAF), concluded his official visit to Thailand on Tuesday, the Armed Forces of both nations vowed joint efforts to strengthen efforts to maintain peace, security ...

Land dispute residents in two communes of Prey Nob district, Sihanoukville province call on government to resolve and release four citizens citizens are imprisoned under this land dispute. ...

The National Bank of Cambodia (NBC) will proceed with another auction process for the Ministry of Economy and Finance (MEF) to borrow about $50 million from investors for the second time of the government’s plan of issuance for a longer period of time of repayment ...

Twenty-three families in Run Ta Ek commune, Siem Reap province have accused authorities of taking more than 80 hectares of their farmland to be subdivided ownership unfairly. ...

Khmer National United Party (KNUP) led by former military general Nhek Bun Chhay is eyeing third place in the National Assembly (NA) after Cambodian People’s Party (CPP) and Candlelight Party (CP) in the upcoming 2023 National Election and will use that position to address the ...

Nearly half of Cambodian children aged 1 to 14 years old are disciplined in their homes using physical violence, a new government study says, with social norms remaining a key factor in why adults hit their kids. ...

The minimum wage for workers in Cambodia’s billion-dollar garment sector will rise to $200 a month next year, a $6 raise that unions said was insufficient while employers raised concerns about profits and regional competitiveness. ...

Press freedom groups and foreign donors on Friday discussed the potential benefits and goals of establishing a national press council, including developing a standardized code of ethics for journalists nationwide and promoting public trust and self-regulation in the industry. ...

Minister of Interior Sar Kheng said the government has spent more than $200 million building infrastructure in Preah Sihanouk province in order to attract investment and increase tax revenues – not to let it slide into a morass of illegal gambling and, even worse, crimes. ...

The Kbal Romeas community requests the authorities to help protect their forests from the Chinese company Sivgex and expedite the establishment of another 3,000 hectares of their communal land. ...

Train operator Royal Railway Plc, a subsidiary of local conglomerate Royal Group of Companies Ltd, has received “approval in principle” from the Council of the Non-Banking Financial Services Authority (NBFSA) to issue a bond worth about $10 million on the Cambodia Securities Exchange (CSX), which ...

Stung Treng province’s Bunong indigenous community in Kbal Romeas commune have demanded that authorities assist them in protecting their forest against a Chinese company Siev Gek and expedite the creation of a 3,000-hectare reserve in the commune’s Kbal Romeas village in Sesan district. ...

The National Election Committee (NEC) unveiled calendar for the upcoming National Election 2023 yesterday. ...

With the heavy rainfall that have been experienced throughout Cambodia, the water levels of lakes and canals in Kandal have not gone down which promises a higher fish yield. ...

Associations of Banks and Microfinance Institutions signed a Memorandum of Understanding on Monday with a FinTech federation to promote financial literacy and inclusion as part of a move towards greater digital adoption. ...

The Minister of Interior said the government has plowed billions of dollars into transforming Sihanoukville into an attractive tourism destination while attracting foreign investment as authorities continue to carry out raids for suspected kidnapping and trafficking. ...

The Laboratory of Environment and Food Safety (LEFS) at Institut Pasteur du Cambodge (IPC), is now accredited for food microbiology testing, enabling it to further assist food processing businesses to identify potential food safety hazards and improve the safety and quality of food products. ...

Cambodia is hosting the Global SME Finance Forum, where more than 400 delegates from 60 countries gathered to learn and share ways to create an enabling environment to support SMEs and financial inclusion as Cambodian finance specialists say access to financing remains a major challenge ...