The National Bank of Cambodia issued a letter on Wednesday clarifying that only seven microfinance institutions (MFIs) are licensed to accept deposits from The public. The notification came after The central bank noticed several “rural credit operators” – institutions smaller than a typical MFI that ...

Prime Minister Hun Sen said on Thursday that under his leadership Cambodia had never fallen after countries withdrew aid, and that the Kingdom would continue to remain strong. Hun Sen was presiding over a ceremony at the Chaktomuk theatre Hall in Phnom Penh to commemorate ...

The government has accepted a request from a senior officer of The US State Department to hold anoTher discussion on The draft minimum wage law before it is approved. After meeting with Sarah Morgan, an official with The US office of International Labour Affairs, Labour Minister ...

Most Cambodians support the Ministry of Education’s crusade to end corruption on the grade 12 national exam, results from a “snap poll” by the Asia Foundation showed yesterday. the survey polled 500 respondents, including 100 current high school students, and 96 per cent were overwhelmingly in ...

Cambodia’s exports see new light with the granted duty-free and quota-free access to the markets in the United Kingdom, commencing 2021. Sok Sopheak, Secretary of State at the Ministry of Commerce shared that Cambodia will discuss with the UK counterpart on the import and export ...

The Kingdom’s central bank ‒ The National Bank of Cambodia (NBC) ‒ is working closely with experts from The US Treasury to set up a depositors’ protection scheme among banks in The country. This move was welcomed by The country’s banking industry with CEOs saying ...

The governor of The National Bank of Cambodia hit out at unlicensed microfinance institutions or lenders, who he said were The reason why interest rates in The sector were high, despite interest rates falling among registered lenders. ...

The potential adventure tourism in Cambodia has been observed to be rising. The country’s mostly virgin landscapes are a honeypot for The more adventurous of tourists who long to strip off city routine for The crisp fresh air of The wild forests, mountains, and plains ...

The General Department of Taxation (GDT) collected more than $1.5 billion in tax revenue in The first six months of this year, up 66 per cent from The same period last year, according to a report released by The department on Wednesday. ...

Cambodia failed to improve its ranking on the U.S.’ annual “Trafficking in Persons Report” after being demoted last year. Released on Friday, the global report again ranks Cambodia on the Tier 2 Watch List, one tier away from the lowest position, Tier 3. ...

The Cambodia Socio-Economic Survey 2014 has revealed The balanced sex ratio in The country, according to The state news agency-AKP. ...

Around 3.2 million foreign tourists visited Cambodia in the first nine months of the year, a five percent rise from 3.05 million over the same period last year. the majority of tourists came from Vietnam, China, South Korea, Laos and Thailand, Xinhua news agency reported. ...

Cambodia’s central bank will temporarily suspend its eight-month campaign to bring informal moneylenders into its fold as it lacks the resources to review the mountain of registration applications it has received and needs time to tweak the licensing requirements, a National Bank of Cambodia (NBC) ...

Cambodia experienced low inflation of around 1 per cent over the last three months thanks to a decline in oil prices, according to the latest data from the National Institute of Statistics. Inflation went from 0.8 per cent in January to 1.2 per cent in February, ...

Cambodia welcomed around 2.3 million people for the first half of this year, up 4.6 per cent compared to the same period last year, amid concerns from the tourism minister that the Kingdom may not reach its target of 5 million arrivals for 2015. ...

According to psycologists working in Cambodia, their lack of peers withing the country is a problem that needs to be addressed. the experts believe that to further develop the country, psychology services should be integrated into many of the key sectors including health, social work, ...

More than 1,000 people flocked to Oudong Mountain in Kandal province yesterday to observe Meak Bochea Day, which marks the day the Buddha prophesied his own death.Nguon Nhel, second vice president of the National Assembly, presided over the ceremony accompanied by many lawmakers and government ...

Minister of Information Neth Pheaktra has called on journalists and social media users alike to cease the sharing of images and videos which feature deaths or violent content, noting that the widespread posting of such content has the potential to cause emotional harm to survivors ...

The Control Yuan has censured The Ministry of Foreign Affairs (MofA) and The Kaohsiung District Prosecutors’ office over The handling of cases involving Taiwanese who were imprisoned in Cambodia after being caught up in human trafficking job scams. ...

Advanced Bank of Asia Limited (ABA Bank of Cambodia) officially unveiled a new logo yesterday, as it builds on its majority ownership by the National Bank of Canada.the National Bank of Canada integrated the ABA Bank as part of its group after becoming the major ...