News

Economic data released this week by the International Monetary Foundation (IMF) shows that the long-lasting effects of five previous pandemics and their economic shocks have much worse effects on the employment prospects for workers with low levels of educational attainment.​​ ...

Trade volume between Cambodia and Japan reached over $586 million in the first quarter of this year, up 4.90 per cent year-on-year, despite the Covid-19-fuelled demand and supply shocks reverberating across the global economy, a report from the Japan External Trade Organisation (Jetro) shows. ...

The Siem Reap provincial Forestry Administration on Monday identified the owner of an illegal wood processing facility in Siem Reap town’s Chreav commune after he escaped authorities when they raided it on Friday. ...

The Ministry of Commerce and Cambodia Rice Federation (CRF) are continuing working to solve the long-running challenges of the Kingdom’s high cost of electricity and transportation in order to boost the country’s rice industry. ...

Two public hospitals in Phnom Penh have received donations from the Korea International Cooperation Agency (KOICA) and Cambodia-Korea Alumni Association to use for combating the spread of Covid-19 pandemic. ...

As the majority of the population opts to stay home during the pandemic, the domestic demand for energy has been running high. Data from the Mines and Energy Ministry stated as of last year, around 2.68 million households, or approximately 75 percent of the country’s ...

The Health Ministry yesterday reminded the public to keep postponing wedding celebrations and any other ceremonies although there have been no new coronavirus case in the Kingdom. ...

The Ministry of Water Resources and Meteorology has asked the capital and provincial authorities to prevent encroachment on river banks, ditches, creeks, canals, water reservoirs and lakes to avoid the effects of water drainage and flood disasters. ...

The National Police rebutted news posted on social media saying it is postponing the fining of motorcyclists and drivers without licences. ...

The Ministry of Labour on Friday rolled out its soft-skills training for suspended workers amid the pandemic. ...

France has committed 400,000 Euros to support three research projects on COVID-19 pandemic in Cambodia. ...

The State-run SME (Small and Medium Enterprise) Bank is expected to help lift local productions, supplying domestic demands, officials and key insiders said. ...

Ministry of Post and Telecommunications (MPTC) this week opened discussions for the draft on 2020-2030 cooperation plan Lancang-Mekong countries. ...

Cambodia imported more than 1.2 million tonnes of fertiliser and pesticide in 2019, a year-on-year increase of 9 percent, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...

Cambodia’s cross border trade with Thailand fell to $1.5 million in the first quarter as the coronavirus hit the global economy and led to closure of dozens of checkpoints. ...

The Council for the Development of Cambodia (CDC) has approved two more investment projects which are expected to create almost 687 jobs for the locals. ...

The construction of the new tourism port in Kampot province is more than 30 percent complete and is expected to be finished by the middle of the year, according to the Kampot provincial tourism department. ...

Credit Bureau Cambodia (CBC) has reported that the total outstanding loans in the first quarter of the year reached about $28.4 billion, up to 26 percent compared with the same period last year. ...

Three new investment projects with a total investment capital of US$7.9 million have received the green light from the Council for the Development of Cambodia (CDC).​ ...

Cambodia exported 186,205 tonnes of cashew nut to foreign markets in the first four months of this year, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...

China Good Cars Holding Ltd. has unveiled a US$160-million-worth investment project in a parking lot for heavy vehicles in Phnom Penh – aiming to contribute to reducing traffic congestion in the capital. ...

THE President of the Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) Te Taingpor has requested the SME Bank of Cambodia and participating financial institutions to extend the payment period of the SME Co-Financing Scheme from four to six years and take ...

The state-run Agricultural and Rural Development Bank (ARDB) has called for small and medium enterprises (SMEs) to expand their agriculture-based processing productions and apply for low-interest rate emergency loans. ...

Cambodian pepper has been exported to 13 foreign markets in the first four months of this year, according to the Ministry of Agriculture, Forestry and Fisheries. ...