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 ...

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. ...

IPEF is created to encourage regional economies to “decouple” from the Chinese market by leading them to alternative supply chains, a step that Washington believes will help exclude China from the regional trading and supply systems. ...

In a bid to protect national harmony, the government has declared war on any form of extremism which could lead to social unrest. ...

The International Monetary Fund yesterday estimated that economic growth in Cambodia would reach 6.7 percent this year, though it warned that a slowdown in the US and Europe could lead to a dip in the economy. In its world economic outlook, the IMF also predicted that ...

In an interview with the Nikkei Asian Review on July 31, Mogherini – who is also the Vice-President of the European Commission – was asked whether the EU’s possible sanctions would lead to reforms in Cambodia, to which she said the Kingdom “needed to respect ...

Nearly 1,000 families residing in provinces along the Mekong River had been evacuated to safe areas as of Tuesday, while 1,133 houses in Kratie province had been inundated, according to provincial authorities. The water levels in the provinces had risen significantly, they said, leading schools ...

Despite warnings that an oversupply of luxury condominiums is imminent due to the number of new projects being built, a leading Japanese investor in the property sector in Cambodia says the market remains very attractive because two decades of strong economic growth are fuelling demand ...

After leading the legal team that won the widely condemned dissolution of the CNRP at the Supreme Court in November, Ky Tech, lawyer for the Council of Ministers and Prime Minister Hun Sen, has been given a rank equivalent to minister just weeks after he ...

A lead economist working with the Asia Development Bank (ADB) has said that Cambodia needs to rethink its economic model, which is heavily based on export-driven growth, as it prepares to shed least developed country (LDC) status, a transition that is expected to take place by ...