In the post-Pol Pot regime (1975-1979), the circulation of riel has increased remarkably, especially in the rural economy as the government has unleashed and implemented necessary measures to promote the usage of riel, a top official of the National Bank of Cambodia (NBC) said. The measures taken by the government include payment of civil servants’ […]
Read MoreHun Sen, Prime Minister of the Kingdom of Cambodia said a Toyota assembly factory will appear at Phnom Penh Special Economic Zone in the near future. Addressing to the 10+1 Anniversary Ceremony of Minebea (Cambodia) Co., Ltd. in Phnom Penh this morning, Hun Sen encouraged Oknha Kith Meng, Chairman & CEO of Royal Group to […]
Read MoreSenior officials of the Ministry of Public Works and Transport (MPWT) and the Ministry of Economy and Finance (MEF) on Wednesday met the delegation of the developer of China Road and Bridge Corporation (CRBC) to review terms and conditions before they reach the stage of signing a deal for the development of Phnom Penh-Bavet Expressway […]
Read MoreCambodia has won the case against the EU decision to withdraw tariff preferences for the import of rice from the country, said a Cambodia Rice Federation release yesterday. The Cambodia Rice Federation (CRF) on April 10, 2019, filed a case against the European Commission’s decision to impose import duty on long grain rice (Indica Rice) […]
Read MoreCambodia registered 161 new factories in the January-November period of this year, bringing the total number of factories to 1,968, according to the Ministry of Industry, Science, Technology, and Innovation. The total factories had a total investment of $16 billion as of November, said the ministry’s Secretary of State and spokesman Heng Sokkhung. A total […]
Read MoreConsidering the significance of local currency in enhancing the economic aspirations of the country, the National Bank of Cambodia has been consistently promoting the usage of riel. The central bank’s efforts in popularising the usage of local currency have gained momentum with a reported increase in the activity for riel. According to a survey by […]
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