The Asean Economic Community (AEC) will cut red tape and allow freer trade between the bloc’s 10 member states. But many companies in the region aren’t even aware of the AEC blueprint, a sobering report from the Asia Development Bank has found. The Bank also ...

After blocking a river for months, a construction project’s recently installed water pipes are delivering relief to only some of Battambang’s drought-stricken fields. More than 400 farmers in Bavel district blamed the Asian Development Bank-funded bridge for choking the river since construction began in December, leaving ...

More than a dozen ethnic minority communities from Cambodia’s northeast filed a complaint with the International Finance Corporation (IFC) on Monday, accusing it of breaking its own safeguard policies by investing in rubber plantations they say are stealing their land and illegally logging their forests. The ...

More than two dozen NGOs have written to the head of the Asian Development Bank demanding the immediate release of a draft plan the ADB has drawn up to help Cambodian families evicted to make way for a Bank-funded railway rehabilitation project. They also want ...

Foreign and domestic investment in construction projects skyrocketed in the first four months of the year, government data suggests. Ministry of Land Management and Urban Planning data revealed last week shows total investment in new construction projects reached more than $1.4 billion at the end of ...

A request for more information about the proposed $3.75 billon national budget has been denied and the bill will now likely pass through the National Assembly next week relatively unchanged, opposition lawmaker Son Chhay said yesterday. ...

Cambodia’s Grade 12 students took their final test in August 2014. Only 26% of them passed. The new Minister of Education had ordered extra security around the testing places. Students taking the test in 2015 know they will have to study hard in order to ...

Cambodia’s Grade 12 students took their final test in August 2014. Only 26% of them passed. The new Minister of Education had ordered extra security around the testing places. Students taking the test in 2015 know they will have to study hard in order to ...

Almost 200 million people moved to urban areas in East Asia from 2000-2010. Axel van Trotsenburg, the World Bank East Asia and Pacific Regional Vice President, emphasized that such rapid urbanization is a significant challenge for this region, so the new data released by World ...

The Cambodia Rice Federation (CRF) has asked the state-owned Agricultural and Rural Development Bank (ARDB) to extend its loan repayment period to 12 months to help rice millers buy paddy. The request was made on Wednesday at a meeting with Cambodia Chamber of Commerce (CCC) ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Cambodia Financial Intelligence Unit (CFIU) of the National Bank of Cambodia will cooperate on information exchange related to money laundering and terrorism financing in the field of agriculture. ...

The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTA) will be a booster for Cambodia’s economic growth in the coming years, according to the World Bank’s economic update report released on Tuesday. ...

Financial institutions said on Wednesday that they will provide favorable easing to customers who have been affected by severe floods, following an appeal by Prime Minister Hun Sen. ...

The Royal Government of Cambodia has raised $58.26 million in funds through government bond issuance in 2023. As per current regulations, the country can raise bonds for up to $200 million. The current bond issuance takes up 29 percent of the limit. ...

Asean leaders yesterday failed again to form a common front towards geo-political disputes with China over the South China Sea as the Philippines vowed to continue shouting while Cambodia tried to contain discussions to the two immediate sides. The 10-member Association of Southeast Asian Nations hoped ...

Diamond Island Development Co Ltd, owned by Canadia Bank, yesterday bought a 15 per cent stake in Investment and Development Company of Cambodia (IDCC)’s Cambodia-Vietnam Insurance Plc. The companies declined to give the value of the stake. Ngay Mengly, sales officer at Cambodia-Vietnam Insurance Plc, said ...

The National Bank of Cambodia (NBC) released its Financial Stability Review for the first time on Wednesday, outlining the work needed to monitor economic security and develop macro-prudential measures to cope with systemic risks. The Financial Stability Review has been produced by NBC since 2001 ...

The Cambodian government and the World Bank yesterday signed two agreements in Phnom Penh to implement two key investment projects worth a total of $200 million. The Higher Education Institutions Capacity Improvement Project (HEICP) and Second Road Asset Management Project (RAMP II) were approved by ...

Cambodia has an opportunity to improve its corporate governance, addressing issues in this field that are increasingly important to international companies considering investment, an official from the International Finance Corporation (IFC) has said. ...

Sustainability Finance Real Economies SICAV – SIF (SFRE, pronounced Sapphire) has made an investment totalling USD 4 million in PRASAC (Cambodia) a microfinance institution, in line with its strategy of advancing social, environmental and economic development by providing capital to banks. ...