News

SokChendaSophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, engaged here on Dec. 14 in a friendly discussion with H.E. Ms. Melissa A. Brown, U.S. Deputy Assistant Secretary, Bureau of East Asian and Pacific Affairs, during the latter’s working visit to the ...

Loans issued by the state-run Agriculture and Rural Development Bank (ARDB) have contributed towards stabilising the market price of rice apart from enhancing processing facilities and boosting exports, according to Aun Pornmoniroth, the Deputy Prime Minister and Minister of Economy and Finance. ...

The General Department of Taxation (GDT) is targeting $4.162 billion in 2024, which is a 20 percent increase from the target set for the current year, according to Kong Vibol, Minister Attached to the Prime Minister and Delegate of the Royal Government In-Charge as Director-General ...

The newly elected chairman of the National Election Committee (NEC) vowed to hold free and fair elections next year and gain the trust of the public. ...

Cambodia exported nearly $20.5 billion worth of goods in the first 11 months of 2023, a slight increase of 1.2% year-on-year, according to a report released recently by the General Department of Customs and Excise. ...

Minister of Environment Eang Sophalleth outlined a number of mechanisms and strategies that will support Cambodia’s contribution to the prevention and reduction of climate change impacts, as he addressed a major UN conference. ...

The Royal Government of Cambodia is working hard to prevent and mitigate climate change, especially through the promotion of lower carbon emissions. ...

King Norodom Sihamoni has issued a Royal Kram promulgating the 2024 Law on Financial Management after the National Assembly (NA) approved it on November 16 and the Senate reviewed it on November 24. ...

The National Bank of Cambodia (NBC) and the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) have entered into a memorandum of understanding (MoU) to promote sustainable finance in Cambodia. ...

Two internationally-backed cashew processing plants are slated to begin operating in Kampong Thom province, with a potential export manufacturing capacity of more than 20,000 tonnes per year. ...

The Council for the Development of Cambodia (CDC) and the Cambodia Chamber of Commerce (CCC) have scheduled a private sector forum between Cambodia and the United Arab Emirates for the first quarter of next year. ...

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. ...

Cambodia and Hungary are moving swiftly to finalise the content of the draft for the Cambodian-Hungarian Joint Committee on Economic Cooperation (JCEC), a significant step towards boosting bilateral trade and investment between the two countries. ...

The Ministry of Education, Youth and Sport (MoEYS) is reforming teacher training institutions by focusing on developing teachers’ skills in content, pedagogical lessons, teaching methods and the use of teaching technology so that teachers can achieve a higher level of professionalism. ...

Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...

Cambodia and China are planning to produce audio-video (AV) documentaries promoting the history and culture of both countries ahead of the 6th Mekong-Lancang Week scheduled for next year. ...

Agriculture sector remains one of the economic drivers of Cambodia’s economic growth despite its share of the country’s gross domestic product (GDP) has shrunk. ...

The National Assembly yesterday gave the thumbs up to the new leadership of the National Election Committee (NEC). ...

China’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia. ...

Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...

Cambodia’s Minister of Information reaffirmed the position of the Ministry to continue promoting cooperation with the Administration of Yunnan Provincial Radio and Television CDTV China in the field of broadcasting and information. ...

The Cambodian Minister of Environment, Dr. Eang Sophalleth, recently held a bilateral meeting with representatives of Singaporean companies, where he presented the opening of a new chapter in carbon trade in Cambodia, specifically under Article 6 of the Paris Agreement on Climate Change. ...

The Ministry of Health announced yesterday the discovery of a man infected with Monkey Pox in Phnom Penh. ...