Microfinance institution Sathapana has increased its maximum loan size to US$200,000, a 300 per cent increase from the previous level of $50,000. The upgrade in loan size is a result of Cambodia’s good economic climate and the expectation that there will be demand among customers for ...

Cambodia’s exports to the United States, the country’s biggest market, were valued at about $2.8 billion last year, a three per cent rise from $2.7 billion in 2012, according to fresh statistics from the US Department of Commerce. Ken Ratha, a spokesman for Cambodia’s Ministry of ...

The State Bank of Vietnam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100 percent-owned bank in Cambodia on the ground of its branch in Phnom Penh. ...

Researchers have found that a little-studied variety of threadworm – strongyloides stercoralis – previously thought to be relatively benign is associated with “significant morbidity” in rural Cambodia. Peter Odermatt, a professor at Basel University in Switzerland who headed the team, said the researchers had been ...

More than 30 U.S. colleges and universities jointly organized an education exhibition here Saturday, aiming to promote education ties between the two countries. “The fair is the largest-ever event directly promoting U.S. higher education opportunities to Cambodian students,” said a press statement from the U.S. ...

It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...

Researchers have released new photos offering a rare glimpse of endangered elephant herds seen traveling with calves through the Tonle Srepok Wildlife Sanctuary in Mondulkiri province earlier this month. The photos are part of a conservation supervisory project undertaken by Winrock International and the World Wildlife ...

Young Cambodians must develop diverse workplace skills if they are to compete in an integrated Asean, a leading economist and adviser to the government says. “We have to make sure we are able to do multiple things if others are able to do just one,” the ...

The Asian Development Bank (ADB) is considering plans to revamp the airport in Stung Treng province to increase air connectivity in the Great Mekong Subregion (GMS). ...

South Korea’s KB Kookmin Bank, New York-listed KB Financial Group Inc’s (KB) commercial banking unit, on October 20 announced the completion of the acquisition the remaining 30 per cent interest in Prasac, Cambodia’s largest microfinance institution, as it expands its business into the Kingdom’s financial ...

The Phnom Penh Municipal Court charged two officials from the Preah Vihear mines and energy department with corruption yesterday, with a former colleague linking the charges to an illicit 2014 land sale. ...

The Royal University of Phnom Penh’s department of psychology has seen a decrease in students and its dean has blamed a lack of human resources and decreased interest in the subject. Phan Chan Pov, dean of the psychology department at the University, said there are ...

A draft law on state property management, which was reviewed by the National Assembly at the request of the government, has now been handed over to an expert committee to further study. ...

Six months since the central bank launched its FAST payment system, a new scheme to provide instant riel-denominated fund transfers between financial institutions and their clients, the bank recorded a total fund transfer of 10 billion riel ($2.5 million) as of end-2016. ...

Opening a bank account from the comfort of your home is possible today thanks to e-KYC services in Cambodia. ...

Paying Cambodian farmers to capture carbon by not removing mulch during planting and harvesting would help support climate change mitigation, reduce soil deterioration and return higher yields in the long term, say leading agriculture experts. Speaking at a conference in Phnom Penh last Friday, Professor Rattan ...

It kills more Cambodians every year than malaria. More than dengue fever. It’s 100 percent preventable, but very little has been done to eradicate it. This year, Cambodia is finally taking on rabies—a killer virus most often transmitted to people through the saliva of biting dogs. A ...

Governor of the State Bank of Vietnam (SBV), Lê Minh Hưng, and Governor of the National Bank of Cambodia (NBC), Chea Chanto, have agreed to step up co-operation between the two banks. ...

Minister of Public Works and Transport Sun Chanthol asked Thai experts to share knowledge with Cambodian engineers regarding ports, railways and even subways constructions. ...