News

In the first four months this year, Cambodia exported 248,491 tonnes of rice worth $170.2 million, a report by the Cambodia Rice Federation (CRF) showed yesterday. ...

Chhay RithiSen, Minister of Rural Development, on May 6, 2024, chaired a meeting to conduct a review​ on water supply. ...

On May 8, 2024, Heng Sour, Minister of Labor and Vocational Training, chaired the first inter-ministerial meeting after the decision to announce the composition on February 23, 2024. ...

Adoption of digital payments has helped in reducing remittance costs, said Chea Serey, Governor, National Bank of Cambodia at a panel discussion on ‘Sustainable Capital: Environmentally Consolidated Finance’ on Monday at the Dubai Fintech Summit in UAE. ...

The Mekong River, a lifeline for millions in Southeast Asia, is facing an ecological crisis. Unpredictable water levels, declining fish stocks, and the disappearance of the iconic Irrawaddy dolphin threaten the livelihoods and traditions of communities along the river. ...

The Ministry of Agriculture, Forestry and Fisheries, the Ministry of Rural Development, and the Ministry of Water Resources and Meteorology will begin to increase cooperation more smoothly to help improve people’s livelihoods, benefit farmers, and provide economic efficiency to rural areas. ...

Outgoing U.S. Ambassador to Cambodia W. Patrick Murphy has expressed his optimism and appreciation for the good relations and cooperation between the two nations, particularly in the areas of politics, economy, trade, education, health, demining, etc. ...

The Royal Government of Cambodia is always open to and supports the strengthening and expansion of the relationship between the Kingdom of Cambodia and the State of Qatar. ...

Cambodia is committed to further enhancing the e-commerce ecosystem as the country is a leading nation in implementing the eTrade readiness assessment recommendations, achieving a remarkable 92 percent implementation rate. ...

Cambodia’s exports grew by an average of 13.3 percent between 2017 and 2023 and reached $23.47 billion, or 54.7 percent of the country’s gross domestic product in 2023. ...

The soon-to-be-built Funan Techo Canal (FTC), a public-private partnership project, will push shipment activities of the state-owned Sihanoukville Autonomous Port (PAS) up to 90 percent, a report by the Council for Development of Cambodia (CDC) showed. ...

The Ministry of Justice ordered the relevant parties to reprimand judges or prosecutors who break the rules in order to ensure the efficacy of judicial reform and to increase the effectiveness of the law and the judiciary, in accordance with the government’s Pentagonal Strategy. ...

Cambodia’s inflation will remain stable this year at 2.3 percent, marginally up from 2.1 percent for 2023, generally in line with other parts of Asia and the Pacific, said the IMF Regional Economic Outlook April 2024. ...

A memorandum of understanding (MoU) was signed on Friday between Chea Serey, Governor of the National Bank of Cambodia (NBC) and Natia Turnava, Acting Governor of the National Bank of Georgia (NBG) to strengthen financial cooperation for reducing dollarisation. ...

Following a series of negotiations spanning nearly five years, the Cambodian and Philippines governments have concluded the final draft of a double taxation agreement (DTA) between the two nations, in a bid to improve trade and ease investment mechanisms. ...

Some 5,000 Cambodian media practitioners celebrated World Press Freedom Day with Prime Minister Hun Manet and many senior government officials on May 3 afternoon. ...

Hem Vanndy, Minister of Industry Science Technology & Innovation, on May 2, 2024 received representatives from Life and Building Safety (LABS), led by its Country Manager, Mr Emerald Am, to explore avenues for enhancing factory safety in Cambodia. ...

Donors and the Asian Development Bank (ADB) have agreed to replenish $5 billion for its Asian Development Fund (ADF) and its Technical Assistance Special Fund. ...

The Phnom Penh Municipal Administration has unveiled plans to construct the largest pedestrian area in the capital, slated to commence this May. ...

A senior government official in charge of investment in Cambodia said on Friday that while the impacts of the Funan Techo Canal construction on local residents are inevitable, the government is planning fair compensation and resettlement with a similar approach taken with the Phnom Penh-Sihanoukville ...

Cambodia has managed to provide quality maternal care for all women, rich and poor, in the last two decades, said a World Bank report. Data shows the gap in access to maternal health care between the richest and poorest has narrowed. ...

Cambodia expects to earn $88 million a year from transportation through the Funan-Techo canal by 2050 and reach $570 million a year by then. ...

Cambodians running small businesses are continuing to find the need for working capital as their most pressing need, as per data. As high as 54 percent of 1.89 million loans issued were for working capital, as per the first quarter report of the Small Business ...

The International Monetary Fund (IMF) in its World Economic Outlook for April 2024 revealed Cambodia’s new GDP figures by taking 2014 as the base year for the calculations instead of 2000, showing the economy 35 percent larger than previous GDP calculations indicated. ...