The National Bank of Cambodia on Wednesday hosted its first annual macroeconomic conference, outlining the need to ensure Cambodia’s rapidly growing financial sector supports sustainable and inclusive economic growth while managing greater risks. Cambodia’s banking and microfinance sectors have seen enormous growth in recent years with ...

The 87th anniversary of the founding of the Chinese People’s Liberation Army (PLA) was celebrated on Friday with the participation of about 300 Chinese and military officers as well as foreign military attaches. The event, hosted by the Chinese Embassy in Cambodia, was presided over by ...

On August 18, 2014, the Phnom Penh Sugar Co. Ltd., took out advertisements in several major Cambodian newspapers accusing Equitable Cambodia’s Executive Director, Mr. Eang Vuthy, of making false and misleading statements about Oknha Ly YOng Phat, and causing “irreparable damage” to the Senator’s reputatiOn ...

The Lord Puttnam CBE, British Prime Minister’s Trade Envoy, will pay an official visit to Cambodia on 13rd and 14th October, according to a statement by British Embassy in Cambodia Friday. The statement said the purpose of his visit is to strengthen trade and investment ties ...

Cambodia’s taxation system fell five places on the World Bank’s 2015 Doing Business index (DBI). The index, which tallied up 230 business reforms from 189 economies, showed the ease of paying taxes in Cambodia has declined from position 85 in 2014 to 90 this year. Cambodia’s ...

Cambodian Foreign Minister Hor Namhong said Tuesday that the Southeast Asian nation is willing to create relations with the 57-country Organization of Islamic Cooperation (OIC). Cambodian Foreign Ministry spokesman Koy Kuong said he was unsure if Cambodia eyed a status of an observer state or ...

Cambodian Prime Minister Hun Sen said Monday that his country is expected to greet about 500,000 Chinese tourists this year, an estimated increase of 8 percent year-on-year. Kong Sopheareak, director of the Tourism Ministry’s Statistics and Planning Department, said Sino-Cambodian excellent ties and Cambodia’s attractive ...

Cambodia and the rest of the world’s emerging economies have been called on by the World Economic Forum (WEC) to install “effective” reForms to reinvigorate the global energy market. The WEC’s Global Energy Architecture PerFormance Index Report 2015 was released yesterday. Cambodia ranked as having the ...

Police have warned coffee lovers there could be a couple of bad batches circulating and percolating in Phnom Penh after a raid on a fake coffee enterprise in Sen Sok district’s Khmuonh commune yesterday. Officers arrested four men during the joint operation in Banlar Sa Et ...

The Supreme Court yesterday ruled that phones, iPads and other possessions confiscated from six opposition lawmakers during the violent July 15 protest at Freedom Park would not yet be returned. Presiding judge Yos Sokhoeun said that the items could not be returned based on the ...

Newly released satellite images show a dramatic expansion in China’s construction of artificial islands on disputed South China Sea reefs, the Asian Wall Street Journal reported Thursday. The report said the expansion was “intensifying concerns about Beijing’s territorial ambitions.” ...

Cambodian and Indonesian foreign ministers discussed ways to further enhance ties and cooperation between the two countries on Wednesday. Both sides also agreed to boost bilateral trade volume, which was still relatively small — around 500,000 U.S. dollars last year, he said. ...

Ten tonnes of protected rosewood found stashed in a tanker truck bearing the logo of petroleum giant Sokimex was seized by police in Oddar Meanchey province on Friday. In August, police found 14 tons of rosewood hidden in the tanker of another truck bearing the ...

An international information technology, electronics and telecom exhibition kicked off here on Friday with an aim of developing the country’s Information and Communications Technology (ICT) industry, officials said. The three-day event, held at the Diamond Island Exhibition Centre, brought together 49 local and regional ICT companies ...

A senior National Military Police commander has denied accusations he’s been skimming his officers’ wages, insisting the money docked covered their food. Via a statement by military police spokesman Kheng Tito, the deputy chief of the Security Information Department, Hong Vynal, hit back at claims on ...

Nearly 2 billion of the world’s women are struggling or suffering in their daily lives, while 620 million describe themselves as thriving, according to a Gallup poll released on Wednesday. Bulgaria and Afghanistan topped that list, followed by Armenia, Greece, Ukraine, Cambodia, Hungary, Turkey, Egypt ...

First Lady Michelle Obama embarks on a five-day Asia trip Wednesday to launch the Obama Administration’s initiative “Let Girls Learn,” promoting the education of millions of girls worldwide. Ahead of her stops in Japan and Cambodia, Obama and her husband said the inability of an ...

Cambodian National Assembly (NA) supports topics that are raised by the 132nd Assembly of the Inter- Parliamentary Union (IPU) organizing committee and believed that those topics will be agreed among IPU members, said Heng Samrin, president of Cambodian National Assembly, while meeting with his Vietnamese ...

At least two women and five men are in custody at Siem Reap provincial police headquarters amid allegations they ran an unlicensed investment firm. The arrests, which followed a Wednesday statement by the provincial governor warning citizens to be vigilant with their money, took place at ...

The government of China has put on hold a $300 million loan to a Cambodian rice project, aimed at developing storage and warehousing facilities in the country, as the government of Cambodia has not been able to meet the criteria set by the Chinese authorities, ...