The central bank’s recent revocation of the operating licences of 104 rural credit institutions (RCI) – nearly half – should not have significant ramifications on the Kingdom’s wider financial system, industry insiders and observers have assured. ...

Companies and individuals need to do more than just create technology. They need to optimise the services and goods they provide, especially when introducing new concepts to developing markets such as Cambodia. That was the message from one presenter at last weekend’s T3CON12-ASIA conference in Phnom ...

On 12 November 2022, the Association of Banks in Cambodia (ABC), Cambodia Microfinance Association (CMA), and Cambodian Association of Finance and Technology (CAFT) issued a joint statement on some crypto-related platforms.All three associations and its members deny this advertisement and confirm no affiliation with PAYEER or ...

The total amount of savings at Cambodia’s deposit-taking microfinance institutions (MFIs) reached $897 million by the end of 2014, more than doubling from its 2013 base of $445 million, according to figures from the Cambodian Microfinance Association (CMA). Prasac is the largest MFI with deposits ...

As Cambodia continues to develop, information technology skills are increasingly in demand, especially as the government seeks to diversify the economy and bring in companies which will need staff with strong high-tech skills. To that end, last month the Royal University of Phnom Penh (RUPP), in cooperation with the Cisco ...

2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...

American software giant Microsoft announced yesterday that it would jointly implement a project with Cambodia’s Ministry of Commerce to create a translation program to simplify complex English and Khmer business terminology in order to help businesses better understand commonly used jargon. ...

The Institute of Bankers Malaysia (IBBM) has launched the Chartered Banker qualification for the Cambodian banking industry to develop talents in the banking industry in that country. The launch of the Chartered Banker qualifications was officiated today by the National Bank of Cambodia Deputy General ...

With Khmer New Year arriving next week, Prime Minister Hun Sen has warned tourism-related businesses against increasing service prices during the three-day holiday. Speaking at a graduation ceremony for students at Vanda Institute of Accounting in Koh Pich yesterday, the prime minister appealed to hotels, guesthouses, ...

As Cambodia continues its battle against raging thunderstorms and stifling droughts, officials from a variety of ministries attended a three-day workshop last week on how to incorporate the wide-ranging effects of climate change into the national and provincial budgeting process.   ...

Phnom Penh will host the nation’s first tech expo, Cambodia Tech Expo CTX, in November, with a string of events, conferences and panel discussions aimed at strengthening the tech startup community and attracting investment opportunities. ...

The Kingdom’s consumer price index tracked a 1.4 percent increase in May over April, according to National Institute of Statistics’ latest figures. Prices at the end of May were 6.5 percent higher than the same date the year previous, the figures show. Experts said Cambodia’s ...

As Cambodia’s demand for electricity grows and domestic energy production increases, new data released from the Ministry of Mines and Energy yesterday show that coal-fired energy generation surpassed hydroelectricity for the first time last year. ...

Experts have discovered more than 120 archaeological sites and three ancient locations in the Royal Academy of Cambodia Techo Sen Russey Trep Park in Preah Vihear province. ...

More than 400 teachers who took part in an eight-month teaching course at the National Institute of Education (NIE) are demanding the government pay them scholarship funds that were initially promised only to be later axed over cost concerns. In a petition sent yesterday to the ...

Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...

Cambodia and Laos have begun to withdraw troops from disputed territory in Preah Vihear province after senior military officials from both sides conducted negotiations. Senior military officers Lieutenant General Srey Doek and Major General Duang Chan recently negotiated with Major General Soukai Phommasone, Laos’ Champassak provincial ...

More than 50 people involved in land disputes in Tbong Khmum and Svay Rieng provinces gathered on Wednesday to submit a petition at the ministries of Justice; Interior; and Agriculture, Forestry and Fisheries, requesting a solution. Khiev Sarun, a representative from Svay Rieng province, told ...

HLH Agriculture (Cambodia) Co Ltd, a subsidiary of Singapore’s Hong Lai Huat Group Ltd, has announced the inauguration of the mixed-use Cambodia-Singapore Agricultural Hub (CSAH) in northwestern Kampong Speu province, as well as the signing of a memorandum of understanding (MoU) with the Singapore Manufacturing ...

Cambodia is set to expand its payment options for tourists by implementing blockchain-based central bank digital currency (CBDC) partnerships. This move is part of the country’s strategy to modernize its tourism sector, recognizing the significant role it plays in the Cambodian economy. ...