News

CRF’s president Song Saran said demand for Cambodian rice in the global market is increasing and the CRF expected exports to reach 800,000 tonnes this year. However, because there was drought, and flash-flooding in September, the figure may change. ...

Kampot province will be home to the Kingdom’s first wind farm – a step in the right direction in terms of Cambodia’s renewable energy movement, say experts. The first wind power project in Cambodia is approaching the construction stage. The Blue Circle (Cambodia), the company ...

The microfinance sector’s nonperforming loan (NPL) ratio decreased from 2.56 percent in September to 2.27 percent in October after rising from 1.33 percent in January and peaking in May at 2.61 percent. ...

More than 200 indigenous Bunong families in Mondulkiri province have asked authorities to retrieve 5ha of community forest land they claim had been secretly stolen from them by speculators. ...

The Ministry of Culture and Fine Arts has announced that all cinemas, museums and theatres in Cambodia are to be closed immediately for a period of 2 weeks from today. ...

The Cambodian government has reaffirmed its commitment to combatting HIV/AIDS in light of today being World AIDS Day. ...

Prime Minister Hun Sen said gatherings of more than 20 people and wedding parties are banned in Phnom Penh and Siem Reap province for 15 days to contain the COVID-19 transmission in the community.   ...

Peer-to-peer (P2P) lending marketplace Rai Capital (Cambodia) Co Ltd on November 26 announced its official launch in the Kingdom. It said it is designed for micro-entrepreneurs and individuals to promote financial inclusion in the Kingdom and enable flexible local financing solutions for local businesses and ...

Cambodia Securities Exchange- (CSX-) listed Phnom Penh Special Economic Zone Plc (PPSP) refuted Singapore-based Asiatic Group (Holdings) Ltd’s (AGH) allegations over breaching a power plant joint venture (JV) agreement. ...

The government has released a new e-commerce strategy to address how the nation can best benefit from the rapid growth over the last decade of the Kingdom’s digital economy. ...

Prime Minister Hun Sen said yesterday that the construction of 38 roads in Siem Reap will modernise the city and improve the tourism experience in this renowned travel destination. ...

The Credit Bureau of Cambodia (CBC) has made available a new digital application that for the first time allows Cambodian citizens to check their credit score, view credit reports and receive credit monitoring alerts. ...

Cambodia’s Ministry of Health this morning announced eight new cases of the novel coronavirus (COVID-19), the tally thus rose to 323. ...

All public schools across the country has been instructed to end the 2019-2020 academic year on Nov. 30, according to a new directive of the Ministry of Education, Youth and Sports issued Sunday night. ...

Prime Minister Hun Sen has called for countries in the region to increase digital connection development in a bid to help the economy recover after the COVID-19 pandemic. ...

The Asian Development Bank (ADB) has approved a $70 million loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products such as cassava, cashews, mangoes, vegetables, and poultry. ...

The General Department of Taxation (GDT) has organised an official signing ceremony of the letter of User Acceptance Testing (UAT), and launched the trial of a Data and Information Sharing Automatic System, according to a recent GDT’s press release. ...

Vegetable planting in Cambodia is reported up dramatically, but the nation cannot end imports because local consumption is bigger than production, said Minister of Agriculture Forestry and Fisheries Veng Sakhon at the celebration of the seventhth national nutrition day in Kampong. ...

Rethinking how to utilise waste as a source of energy is a hot topic in Cambodia, a country short on power that also grapples with a mounting organic waste problem. ...

WorldBridge Industrial Developments Co Ltd on November 27 broke ground on its long-awaited WorldBridge i4.0 SME Cluster zone in Kandal province. ...

The $180 million The Hyatt Regency Phnom Penh hotel is set to launch in January, marking the brand’s first venture into the Kingdom’s capital. Local conglomerate Chip Mong Group signed a management agreement with Chicago, US-based Hyatt Hotels Corp in September 2016 for the hotel, ...

Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...

The Credit Guarantee Corporation of Cambodia (CGCC) is on track to be launched in the first half of next year, Banking Association of Cambodia (ABC) president In Channy told The Post on November 26. The CGCC was established by Sub-Decree No 140 ANKr BK on ...

The United Nations Development Programme (UNDP) has renewed calls for the Cambodian government to issue sovereign bonds in riels to underpin the government’s effort on de-dollarisation and protect the economy against external shocks. ...