Cambodia’s leading commercial bank Acleda in partnership with MasterCard Asia and the Pacific, last week launched the Acleda MasterCard electronic plastic card to allow customers to make withdrawals through any ATM as well as make payments around the world where the MasterCard logo is displayed. ...

The World Bank has officially revised the status of Cambodia’s economy, moving it up a rung from the low-income bracket into lower-middle income territory – a reclassification that economists expect will lead to a scale-back of foreign aid and preferential trade access over the coming ...

As Prime Minister Hun Sen ages, more and more talk is surfacing of his sons taking his mantle and leading the country into the future. Two were in the spotlight this past week as they bolster their credentials for their eventual rise to the top ...

RepRisk, the leading provider of dynamic business intelligence on environmental, social, and governance (ESG) risks, has released its Special Report on the Lower Mekong Basin, the second in a series of reports on the Association of Southeast Asian Nations (ASEAN), an economic and political organization ...

Smart Axiata, Cambodia’s leading telecommunications company, yesterday launched a $5 million venture capital fund for digital service companies and start-ups in the country. The Smart Axiata Digital Innovation Fund aims to meet demands for cash and expertise as the number of Cambodian digital entrepreneurs increases rapidly. ...

The director of the government body that manages the Angkor Archaeological Park on Wednesday conceded that the hundreds of families they are now struggling to evict were allowed to move into the park illegally in the lead-up to the June 4 commune elections, though he ...

Unless there are fundamental changes to the dynamics of politics in Cambodia—with the government suppressing dissent and the opposition often relying on racially charged attacks—disenchantment following next year’s election is likely to lead to violence, a think tank warned in a political analysis released on ...

German Investment and Development Corporation (DEG) on Thursday signed to lend 10 million U.S. dollars to a leading Cambodian microfinance institution Hattha Kaksekar. The loan deal was inked here between Herbert Jaeger, Vice President of DEG Representative Office in Bangkok, and Hout Ieng Tong, President and ...

The International Finance Corporation’s (IFC) watchdog announced Tuesday it will proceed with an investigation into Cambodia’s leading microfinance firms, after the IFC withdrew a request for review of the decision to investigate. ...

As high as 83 percent of Cambodians opt for private healthcare. A decision, which might lead to them getting financially stressed.​ ...

KOMPONG CHAM CITY – Armed soldiers and military police prevented opposition leaders Sam Rainsy and Kem Sokha from leading an election campaign march here Sunday, with the pair instead making brief stump speeches for the May 18 council elections in front of militarized roadblocks and ...

On 17 March 2022, the Ministry of Foreign Affairs and International Cooperation issued a press release on His Excellency KISHIDA Fumio, Prime Minister of Japan, will lead a high delegation to pay an official visit to the Kingdom of Cambodia on 20-21 March 2022. Samdech ...

Prime Minister Hun Sen said Monday that calls for him to resign and for a new “face” to lead the country were hypocritical as the faces of his critics also remained unchanged. Mr. Hun Sen also said that the political situation in the country is perfectly ...

On Tuesday, the US government awarded Transcultural Psychosocial Organization Cambodia – the nation’s leading provider in the field of mental healthcare and psychosocial support – with an $894,057 grant that will facilitate mental health therapies and healing methods for the country’s many genocide survivors afflicted ...

The rising incomes of Cambodians and the growing middle class as the Kingdom enters lower-middle income status is leading to a new trend in consumer spending, which in turn is fuelling a boom in the construction of malls to cater to changing lifestyles and the ...

The central bank hopes to launch its central shared switch mechanism next month after a trial run that has already connected the account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem, according to ...

When the government decided to raise the daily minimum wage to 300 baht nationwide, labour-intensive industries knew sunset was descending on their businesses. As a leading original equipment manufacturer (OEM) for popular clothes lines in Thailand, the company is relocating its largest production site to ...

Cambodia on Saturday began a one-month intercensal economic survey, aiming to update basic statistics on establishments and enterprises in the country.     Planning Minister Chhay Than announced the survey launching and called for cooperation among the public, particularly enterprise owners and local authorities in order to lead ...

ACLEDA Bank PLC, the Cambodia’s leading commercial bank, has launched a new service called “ACLEDA Internet Bank”, according to a statement on its website. The statement said the new service would offer additional alternative for its value customers in doing financial transactions via the internet at ...

The Cambodian government has formed a new inter-ministry committee to lead and facilitate the construction of a domestic airport in Mondulkiri province. ...