Phnom Penh Post - Money
Cambodian riels and US dollars are the two main currencies in circulation although
Thai baht is acceptable. The current rate of exchange is around 2,200 - 2,300 riel
to the dollar. Money can be changed at banks, hotels and shops. Travelers' checks
can be cashed at banks and at Chequepoint inside the Diamond Hotel on Monivong Blvd.
Cash can be withdrawn by credit card from larger banks but fees of around $30 per
transaction are charged.
Hun Sen ready to ‘break record’, says Rainsy lostCaretaker prime minister Hun Sen used a meeting with 18,400 factory workers on Wednesday to predict that he would beat the record for being the world’s longest-serving non-royal leader. He also used the platform to slam political opponent Sam Rainsy who he said had lost
Sihanoukville land prices skyrocketing amid breakneck developmentSihanoukville, the Kingdom’s most famous beach destination for tourists, is seemingly becoming a paradise for Chinese investors as well. The huge influx of Chinese investors has caused property values to rise, especially the price of land, which has nearly doubled in some places near
US names new ambassador to CambodiaUS President Donald Trump on Friday appointed W Patrick Murphy as the new US Ambassador to Cambodia, replacing incumbent William A Heidt. A press release posted on the White House’s website said nominee W Patrick Murphy is currently acting principal deputy assistant secretary at
Kingdom is at a crossroads between East, West after pollIt was dubbed a success by caretaker prime minister Hun Sen after the electoral victory of his Cambodian People’s Party (CPP), which is poised to take all seats in the National Assembly. But the July 29 national election has not been positively looked at by