Commercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a ...

Political stability, growth in all economic sectors and a strong banking system were major drivers that reinforced public confidence in the Kingdom’s banking system last year, said the National Bank of Cambodia (NBC). According to its “Macroeconomic and Banking Progress 2019 Report and 2020 Outlook”, ...

Australia, the Cambodian Mine Action and Victims Assistance Authority and the UN development programme on Friday signed a joint statement reaffirming their ongoing commitment to working toward a mine-free Cambodia by 2025. ...

About 400 students and a few villagers protested in Phnom Penh on Sunday to demand the release of two men arrested last week after a protest over a land dispute in Kampot province, with authorities claiming that the demonstration was organized by a politician who ...

The Ministry of Environment has warned people that it is illegal to buy or sell lands in natural protected and conservation areas in Preah Vihear province. ...

Cambodian microfinance institution PRASAC says it is bolstering its green credentials by increasing loans for eco-friendly farming methods in the kingdom. President and CEO of PRASAC, said the institution is “committed to providing and developing more green financing to the rural people for their livelihood ...

Less than two weeks after a major rights group lambasted the US’s training of Cambodia’s “abusive armed forces”, allegedly incriminating photographs have been removed from the official Facebook page of the joint training exercise. On May 20, Human Rights Watch (HRW) issued a statement hitting out ...

Cambodia will submit a human rights report to the U.N. today for a universal periodic review (UPR), the second time it is participating in the process, according to the Council of Ministers’ Press and Quick Reaction Unit. Under the UPR process established in 2006, the Human ...

The International Monetary Fund (IMF) says closer cooperation between statistics-producing agencies in Cambodia is “essential” to improve the quality of macroeconomic statistics. ...

The National Bank of Cambodia (NBC) announced on Friday that local banks and microfinance institutions (MFIs) can now issue corporate bonds or list equity securities on the nascent Cambodian stock market, a move industry insiders claim will help financial institutions raise capital and be less ...

The total number of telephone subscriptions in Cambodia surpassed the 21-million mark earlier this year   ...

Phnom Penh recently saw the destruction of a portion of the Buddhist Institute to make way for the expansion of a casino. Political analyst Lao Mong Hay told “Hello VOA” last week that this kind of development demonstrates an “imbalance” between public and private institutions. The ...

Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...

The National Bank of Cambodia on Wednesday announced it is revoking the licenses of 11 rural credit institutions and rejecting license applications from 12 other credit organisations.​ ...

The Interior Ministry’s anti-human trafficking department on Monday questioned an administrator at a maritime school over complaints lodged in September by seven former students who claim they were forced to flee a pair of Chinese-owned cargo ships after working in slave-like conditions. ...

Just ten years ago, Cambodians relied on dingy, storefront Internet businesses if they wanted to get online. Computers were old, power cuts were frequent, and overhead fans creaked along in a failing attempt to keep customers cool as they paid per minute to “surf” the ...

The Cambodian Ministry of Defense on Tuesday launched a U.S.-aided strategic planning manual with an aim to assist Cambodian strategists to design standardized and effective defense strategic plans. Major Gen. Phat Vibolsopheak, chief of international relations department at the Defense Ministry, said the 17-page instruction manual ...

Many banks and microfinance institutions (MFIs) in Cambodia have increased interest rates for deposits in dollar and riel currency by approximately 0.5 percent and 1 percent per annum respectively but not decreased rates for loans in the last three months, according to senior officials in ...

Okayama University, one of Japan’s top public universities, is holding an online “Study in Japan 2023” fair for Cambodians who wish to pursue their tertiary education. ...

Though Cambodia had four years to implement 91 recommendations on how to improve its human rights record, U.N. member states still had to push for action in a number of key areas during its second Universal Periodic Review hearing in Geneva on Tuesday. In a speech ...