News

Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia (CDC), welcomed the new investment projects approved by CDC in January, stressing that this reflects the investors’ trust on the leadership of Prime Minister Hun Manet in maintaining peace ...

The Kingdom anticipates increased direct investment from the Japanese, as the Cambodian government and private sector highlight the country’s potential in geography, investment law, labour force and ability to export to international markets with trade preferences. ...

The Ministry of Environment has announced that the Kingdom’s air quality exceeds the recommendations of the World Health Organisation (WHO), allaying public fears about air pollution. ...

Foreign minister Sok Chenda Sophea has expressed Cambodia’s commitment to enhancing the ASEAN-EU Strategic Partnership, noting that it is based on mutual respect, understanding and interests. ...

Authorities have banned the collection of fees ranging from 10,000 to 20,000 riel from students to pay for classroom facilities, electricity, and bathroom services as it is in contradiction to the Ministry of Education, Youth and Sports’ (MoEYS) guidelines. ...

Investment in the financial sector declined by 28.7 percent in 2023, despite an increase in foreign direct investment (FDI) of 14.5 percent, according to the National Bank of Cambodia’s (NBC) 2023 annual report. ...

The value of imports and exports passing through the Sihanoukville Special Economy Zone (SSEZ) in Cambodia reached $3.36 billionin 2023, a year-on-year increase of 34.8 percent, the zone operator said in a recent statement. ...

The National Social Security Fund (NSSF) plans to offer free healthcare to new target groups under a new programme. The first and largest group includes vendors and those who work in related informal jobs, like street vendors. He added the other target groups include digital ...

Cambodia has spent $1.4 billion in assisting the poor and vulnerable people in the country since 2019, Minister of Social Affairs, Veterans and Youth Rehabilitation Chea Somethy said on February 5, 2024. ...

Following the pandemic, economic growth has been steady, the International Monetary Fund (IMF) said, with expansion projected at six percent in 2024, from an estimated 5.3 percent last year, thanks to tourism and non-garment exports. ...

Cambodia must ensure that the draft cybersecurity law is kept “business-friendly” to prevent driving out international companies and discouraging new overseas investment in the nation, according to an expert. ...

The National Bank of Cambodia (NBC) and Ministry of Education have signed a Memorandum of Understanding (MoU) to include the third phase of Embedding Financial Literacy into the school curriculum to raise awareness and improve student capability in financial management as the economy evolves. ...

Cambodia lost 31 percent of tree cover from its wildlife sanctuary protected areas between 2001 and 2022, and more than 100,000 hectares (ha) in 2022, equivalent to 1.2 percent, according to a Citizens Engaged in Environmental Justice for All (CEEJA) report.  ...

Transportation experts and economists are expressing optimism regarding the continued increase in the value of exports and imports within the Sihanoukville Special Economic Zone (SSEZ) for 2024. ...

Residents of Phnom Penh will no longer face water shortages from late February, as daily supply capacity is set to exceed one million cubic metres, according to the Phnom Penh Water Supply Authority (PPWSA).​ ...

Despite being challenged by natural disasters, climate change and global crises, agriculture sector contributed about 22 per cent of Cambodia’s gross domestic product (GDP) in 2023, according to Minister of Agriculture, Forestry and Fisheries Dith Tina. ...

Prime Minister Hun Manet and Mariam Sherman, the World Bank (WB) country director for Cambodia, Myanmar and Laos, are dedicated to advancing human capital and enhancing six key sectors in Cambodia. These sectors encompass education, health, agriculture, digital technology, the environment and climate change. ...

Prime Minister Hun Manet has committed to the continued protection of the Tonle Sap Lake, while also reiterating the government’s measures to support Cambodian farmers. ...

The Ministry of Industry, Science, Technology, and Innovation has pushed for forming new small and medium enterprise (SME) clusters to help farmers sell their products to local productions, contributing to finished product export. ...

The National Bank of Cambodia (NBC) sold $139.1 million through auction last year to stabilise the riel exchange rate and to rebound the economy, according to the central bank’s report released on Monday. ...

Cambodia is actively seeking more direct investment to enhance its small and medium-sized enterprise (SME) sector, a key driver of the nation’s economic growth, according to the Ministry of Industry, Science, Technology and Innovation. ...

The Ministry of Environment has established 193 protected area communities for biodiversity conservation, natural resource management, culture and promotion of national economic development. ...

Cambodian Prime Minister Hun Manet yesterday encouraged the private sector to invest in frozen organ meat for sustainable local consumption. ...

The Ministry of Justice has set up a new task force to monitor court cases involving drugs, traffic and civil status cases to expedite the resolution of cases in the courts. ...