A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...

The Japan International Cooperation Agency has signed an agreement with the Institute of Technology of Cambodia to strengthen engineering education and research for industrial development. ...

Cambodia reiterated the important role Australia plays in the development of its agriculture sector and urged leaders of the Commonwealth nation to support the modernisation of the industry through investments in modern factories and machinery. ...

Global credit rating agency Moody’s Investors Services has maintained Cambodia’s B2/stable sovereign rating, stating in its latest credit opinion on the Cambodian government that the rating was underpinned by the Kingdom’s credit strengths, specifically its healthy growth prospects and a stable external payments position. ...

Cambodia’s consumer price index rose by 1.3 percent in July compared to a year earlier on the back of higher food and fuel prices, according to data from the National Institute of Statistics. The increase was also due to non-alcohol beverages, clothing and footwear, housing, water, ...

Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to ...

Cambodia saw a 1.7 per cent rise in inflation in February compared with the same month the previous year. Prices of food and fuel rose, according to official data from the National Institute of Statistics (NIS). “The increase for all index group of a 1.7 per ...

PHNOM PENH, Sept. 27 (Xinhua) — The World Health Organization ( WHO) said Friday that rabies was still a public health hazard in Cambodia and called for broad vaccinations for dogs to prevent the disease. “Rabies is highly endemic and a noticeable disease in Cambodia, ” ...

The consequences and containment of violence cost the Cambodian economy over $1.5 billion in 2013, just under 10 per cent of its estimated GDP for the period, according to the Institute for Economics & Peace’s Global Peace Index released yesterday. According to IEP executive chairman ...

Amret Microfinance received a $10 million boost yesterday by a loan from German development bank KfW, according to a joint statement from the finance institutions. Chea Phalarin, chief executive officer of Amret Microfinance institution, said yesterday that the new loan – equal to nearly double its ...

Starting today, residents of Banteay Meanchey, Pursat and Kampong Thom provinces can enroll in a disaster-response calling service through their phones in anticipation of the impending rainy season. ...

As climate change increases the severity of droughts and floods across the Kingdom, a push is being made for farmers to adopt more resistant rice varieties. The Philippines-based International Rice Research Institute launched a USAID-financed project in Phnom Penh yesterday in a bid to “accelerate the ...

As long as Prime Minister Hun Sen and Sam Rainsy control their political parties, the culture of dialogue adopted by them in April will endure, analysts predict. ...

The Asian Development Bank (ADB) and Cambodia Development Resource Institute (CDRI) on June 16 launched a pioneering partnership to make ADB digital publications available in CDRI’s online catalogue. ...

The Ministry of Economy and Finance has awarded a master plan consultancy contract to top Chinese institute for the development and transformation of Preah Sihanouk province into a “Model Multi-Purpose Special Economic Zone”, Southeast Asia’s next logistics and resort hub and innovation centre. ...

The Council for Agricultural and Rural Development (CARD), in collaboration with the UN World Food Programme (WFP), have launched a dissemination strategy for the SUN Business Network (SBN) – a key part of the global Scaling Up Nutrition (SUN) Movement – in a bid to ...

The Electric Mobility Showcase 2023 is going to be held on August 11 at the Institute of Technology of Cambodia in Phnom Penh with the participation of 16 electric vehicle (EV) companies. ...

The Ministry of Planning will announce the results of the Cambodia Agricultural Survey 2021 (CAS2021) early next year, while a working group will begin the 2022 agricultural survey in early October. The CAS 2020 report showed that 57 per cent of household agricultural holdings are ...

After nearly a decade of research and development, Cambodia and Australia on April 5 jointly announced the official launch of a new fragrant rice variety named Champei Sar 70 (CPS 70) to mark the 70th anniversary of diplomatic ties between the two nations. ...

Officials have suggested that the 14 partner signatories to the Regional Comprehensive Economic Partnership (RCEP) establish a trade secretariat in Phnom Penh. The agreement, which aims to boost economic development, came into force at the beginning of 2022. ...