The National Bank of Cambodia (NBC) has been hosting a training course of “Exchange Rate Policy” with the participation of 34 representatives from central Banks and monetary authorities of 12 countries in Asia Pacific Region. ...

A new draft agreement between the largest banks in Cambodia and South Korea aims at facilitating the flow of money transfers between the two countries, making it easier for companies that import Korean goods to settle their invoices and for migrant Cambodian workers to send ...

Medical students are up in arms about a tuition hike that would double costs and prevent some from gaining their degree, they told the Post yesterday. The University of Health Sciences announced Friday that students wishing to pursue a specialty beyond the general medical degree would ...

The senior manager of Tomato Specialized Bank yesterday said the Bank would continue to operate in Cambodia despite a decision by South Korea’s financial regulator to suspend one of its partners. Korea’s Financial Services Commission on Sunday announced that seven Banks, including the Tomato Savings Bank, ...

The teeth of some 60,000 Cambodian children have been “sealed” to help prevent tooth decay under an oral health project that recently concluded, but many more continue to be in need of such service, given the country’s significantly high tooth-decay rate. ...

South Korea’s Yonhap news agency reported yesterday that Cambodian officials have agreed to assist in the investigation of a scandal ridden South Korean savings bank with investments in the Kingdom. A South Korean investigation has revealed that bank executives and shareholders used deposits to ...

The Education Ministry will organize a training course and study programs that will give all of the country’s teachers access to bachelor’s degree programs by 2020, officials said yesterday. ...

The Association of Banks in Cambodia (ABC) and the Korea Federation of Banks (KFB) yesterday signed a memorandum of understanding (MoU) to expand and strengthen cooperation as well as provide support to South Korean investors, especially those in the Banking sector who are now investing ...

Prime Minister Hun Sen yesterday encouraged Cambodia to pick up the slack on its higher-education system in order to bolster the country’s economic competitiveness. “Training human resources is necessary to developing the labour market and encouraging investments,” the premier said during the Royal University of Law ...

Professor Muhammad Yunus, a Nobel laureate who is considered the founding father of microfinance, urged an assembled crowd at the Royal University of Phnom Penh yesterday to start thinking about creating so-called social businesses. “Charity money goes, and does wonderful work, but it doesn’t come back,” ...

ACLEDA Bank, Cambodia’ leading commercial Bank, held a ground-breaking ceremony yesterday for its new 20-storey headquarters, which will be located directly behind its present building. The new headquarters will cover 43,000 square metres, with parking for 700 cars. Construction is scheduled for completion in two years. ...

The Korea International Cooperation Agency (KOICA) and the Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) yesterday held a discussion meeting at the Council for the Development of Cambodia (CDC). ...

The government must act now in order to avoid a “tsunami” of tobacco-related deaths in the coming years, according to the co-author of a new report on smoking that appears in the Journal of the American Medical Association on Wednesday. Research for the study, Smoking prevalence ...

The Ministry of Environment released a statement late Tuesday night vehemently refuting University of Maryland data that showed a 30 percent spike in forest cover loss in 2016 over the year before, pointing instead to its own data showing only minimal deforestation over the same ...

US credit ratings agency Standard & Poor’s has ranked Cambodia’s economy and creditworthiness as the most vulnerable to the effects of climate change. Of 116 nations measured by S&P as part of a vulnerability index published last month – with a number 1 ranking being the ...

Economic land concessions in Cambodia have a profound and negative impact upon rural households located near the plantations, severely limiting residents’ access to natural resources and causing incomes to dip by almost a fifth, a new study by the University of Copenhagen has found. The report, ...

The European Union (EU) has affirmed its support for Cambodia to achieve its global health coverage plan in line with the Pentagonal Strategy of the new government. ...

Cambodia is a promising target for Taiwanese entrepreneurs seeking cheap labor without risking the social unrest that has surged through Vietnam, according to an economics professor in Taiwan cited in our Chinese-language sister paper China Times. Riots have broken out in Vietnam against China’s oil rig ...

The South Korea-based Nong Hyup Bank plans to open a branch in the Kingdom and will focus on investments and loans in the agriculture sector, according to a senior official in the Ministry of Agriculture. ...

In an effort to prepare more students for ASEAN integration, the Education Ministry plans to set up a program to give high school students access to student loans so they can continue their studies at university. ...