News

Cambodia’s central bank, the National Bank of Cambodia (NBC), is set to launch a faster and more efficient cross-border payment system between Cambodia and India. The initiative will mark a significant expansion of Bakong’s reach, fostering economic activity between the two nations. ...

Cambodia and Turkey have agreed to increase bilateral trade with an annual target of $1 billion and also moved ahead with plans to operate direct flights between Phnom Penh and Istanbul. ...

Cambodia has invited Chinese investors to look into the opportunities unfolding in the electric vehicle (EV) sector in the country. ...

Cambodian Minister of Health Chheang Ra called on all development partners to support the Ministry of Health in developing the national Luong Me Hospital into a center with a high capacity for treating cancer. ...

The World Bank’s Board of Executive Directors has approved an additional $79.5 million for the expansion of ongoing activities aimed at improving access to quality education throughout Cambodia. ...

In a bid to bolster inter-parliamentary ties and foster collaborative efforts across borders, the Cambodian Senate has announced the establishment of a friendship group with the National Assembly-Senate of 11 countries, spanning regions both within and outside of Asia. ...

Cambodia has invited Chinese investors to look into the opportunities unfolding in the electric vehicle (EV) sector in the country. ...

Neth Pheaktra, Minister of Information, said that the Ministry of Information continues to provide professional training to journalists, ensuring a strong foundation for their careers in the field of information. ...

Phnom Penh Municipal Court heard the case involving 10 environmental activists, including co-founder of Mother Nature Spanish national Alejandro Gonzalez-Davidson, who were charged for plotting to overthrow the government and insulting the King. ...

The third ring road has been named “Xi Jinping Boulevard”, 60 years after a major thoroughfare in Phnom Penh was named Mao Tse-Tung Boulevard by King Norodom Sihanouk in honor of the iconic Chinese leader. ...

About 40 trade union representatives and members of the Cambodian Confederation of Trade Unions (CATU) gathered at Chea Chan’s trial at the Kampong Speu Provincial Court, with banners on Wednesday, demanding his release. ...

Cham Nimul, Minister of Commerce, yesterday, encouraged local companies, especially small and medium enterprises (SMEs), to register their products at ‘CambodiaTrade’ as well as explore the possibility of joining Alibaba.com to expand the market for Khmer products outside the Kingdom. ...

The Cambodian Chamber of Commerce (CCC) and the All-China Federation of Industry and Commerce (ACFIC) have announced the collaboration to strengthen investment ties between the two nations. ...

The Ministry of Commerce (MoC) yesterday inked an agreement with Pakistan to establish a joint committee aimed at elevating trade cooperation. ...

The National Bank of Cambodia (NBC) signed a key agreement with the Ministry of Women’s Affairs on Monday in Phnom Penh for the upliftment of women in financial matters. ...

In an effort to ensure customs and excise officials are updated on the latest in payments, the National School of Customs, General Department of Customs and Excise of Cambodia (GDCE), on Monday organized a workshop. ...

Cham Nimul, Minister of Commerce, on May 27, presided over the opening ceremony of the seminar on “Beyond Borders: Bringing Cambodian Products to Global Markets through Alibaba.com, ”which was attended by leaders of the Ministry of Commerce, representatives of the Ministry of Posts and Telecommunications, ...

Cambodia has asked Vietnam to increase their bilateral trade volume to $20 billion shortly. ...

The Ministry of Commerce and the National Bank of Cambodia (NBC) recently held a high-level meeting to discuss strategies to encourage the use of Khmer Riel and decided to promote price tag labelling in national currency as an important step. ...

China is ready to encourage more companies to expand investment in the Kingdom, boosting the economic corridors, accelerating the industrialisation process and strengthening cooperation in railways, roads, energy and agriculture. ...

The General Department of Taxation (GDT) collected taxes totalling $1.18 billion during the January-March period this year, down 11.9 percent from $1.34 billion collected in the first quarter of 2023. ...

Cambodia and the United States have reaffirmed their commitment to bolster cooperation in trade and investment. ...

Senate President Hun Sen proposed drafting a law against people who claim that Cambodia did not experience a genocide and wanted to start a “color revolution”. A political analyst has said the law would further shrink citizens’ freedom of expression in relation to historical events. ...

Khmer Thavrak run by a group of youths has been at the forefront of raising human rights concerns in Cambodia. ...