News

Despite better than predicted overall growth for global economies, the World Bank has slightly downgraded its 2017 forecast for Cambodia due to wage and price concerns in the Kingdom’s the garment industry as well as uncertainty surrounding next year’s national election. ...

The Immigration Department yesterday confirmed that foreigners requesting long-term business visa extensions in the country are now required to submit a work permit proving their place of employment. ...

Tourists and locals visiting Kampot can now find organic vegetables, fruit, seafood and a range of other local products after a new market opened in the city last week.The new facility, known as Common Market and created in collaboration with the Alliance of the Marine ...

The government has borrowed $732.06 million in the form of concessional loans from development partners (DPs), amounting to 74.83 percent of the debt ceiling of Special Drawing Rights (SDR) approved by the National Assembly last year, according to the latest report on Cambodia’s public debt. ...

Employers, unions and government officials have settled on three figures to propose as the new minimum wage for garment, textile and footwear workers in a final day of negotiations on the issue. ...

Prime Minister Hun Sen said yesterday that Siem Reap is in need of a new airport to tackle the rising number of visitors to the area.Last week Cambodia reached an $880-million agreement with China’s Yunnan Investment Holding Ltd which allows the state-owned company to manage ...

The Japan International Cooperation Agency will today begin two days of drainage work to clear clogged systems that led to recent floods in the capital. ...

The Kingdom’s aviation regulator yesterday granted an operator’s licence to Small Planet Airlines, allowing the Lithuanian-based leisure airline to operate flights from its new regional hub in Cambodia, civil aviation officials said. ...

Over 800 villagers were evacuated yesterday in preparation for the removal of two tear gas barrel bombs in Svay Rieng province, while a provincial committee is attempting to “reduce the fear” surrounding the bombs – fear seemingly stoked by erroneous statements from government officials. ...

Government officials yesterday destroyed more than 80 tonnes of counterfeit chemical products, chief among them hazardous skin-whitening creams and knock-off Viagra pills.​ ...

A lead economist working with the Asia Development Bank (ADB) has said that Cambodia needs to rethink its economic model, which is heavily based on export-driven growth, as it prepares to shed least developed country (LDC) status, a transition that is expected to take place by ...

As the urban population continues to grow at rate of 2.6 percent per year, improving public transport and coming up with detailed urbanisation plans should be top priorities for authorities in Phnom Penh, as well as for other urban centres, including Sihanoukville and Siem Reap, ...

More than 300 families in Banteay Meanchey province’s Malai district were evacuated yesterday after their houses were inundated by floods. Other provinces were also affected by flooding as a low-pressure weather system crosses the country. ...

Commercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a ...

Business should embrace digital strategies that can improve the speed and efficiency of human resource management activities, speakers at a conference on the impact of digital transformation on human resources said yesterday. ...

The Asian Development Bank (ADB) has approved a $70 million loan to develop the Kingdom’s transportation infrastructure with the majority of the funding going towards improvements of national roads in Prey Veng, Siem Reap and Svay Rieng provinces.​ ...

Cambodia will today receive about $35 million in aid from the Japanese government to fund the reconstruction of seven bridges in flood-prone areas. ...

The Minister of Water Resources and Meteorology has issued a new warning about heavy rain across the country amid a low-pressure weather system, while Prime Minister Hun Sen has ordered officials to be prepared for flooding. ...

A library funded by the Chinese government and charitable donations opened to the public this weekend in Kampong Speu province’s Cbarmon district. ...

A deputy commander in the Chinese navy has praised Cambodia for supporting Beijing’s negotiations on issues in the South China Sea and the One-China stance on world affairs. ...

The Interior Minister yesterday decided to delete 22 political parties from its official register ahead of the national election next year. According to a letter signed by Interior Minister Sar Kheng, the parties are being dissolved in line with recent amendments to the Law on Political ...

Around six people were arrested outside the United States Embassy in Phnom Penh yesterday for attempting to stage a small protest, but were released later in the afternoon after agreeing to not demonstrate again without a City Hall permit. ...

Fifty endangered sarus cranes have hatched from 27 nests protected by conservationists and villagers in Cambodia’s Northern Plains, according to the Wildlife Conservation Society (WCS). The nests are in Kulen Promtep and Chhep wildlife sanctuaries. ...

A former senior army official and head of the late Chea Sim’s bodyguard unit yesterday appealed to the Supreme Court to once again reduce his jail time for a raft of crimes including embezzlement, weapons possession, breach of trust and forgery. ...