Poverty policy and regulation
As a fast-developing nation, Cambodia has always found poverty one of its main challenges. The Rectangular Strategy states that eradicating poverty has long been one of the Royal Government of Cambodia’s (RGC’s) highest priorities.1 Since the country’s first major post-civil war election in 1993, Cambodia ...
Higher education
Higher education, in general, refers to education beyond the secondary level. Higher education institutions (HEIs) in Cambodia can be classified into three categories: The Royal Academy, university, and college. Cambodia’s higher education consists of an associate degree, four years of undergraduate education, two years of ...
Banking and financial services policy and regulation
Political stability and economic growth of all sectors have played vital role in building the public and foreign investors’ confidence and maintaining the safety and soundness of banking system in Cambodia. The banking sector continues to have substantial growth as it shares 82.2% in the ...
Banking and financial services
According to the Annual supervision report 2020 by the National Bank of Cambodia (NBC), the key bodies in the banking system consists of:51 commercial banks12 specialized banks75 microfinance non-deposit taking institutions6 microfinance deposit-taking institutions245 rural credit institutionsIn addition, there are financial leasing companies, third-party processors, ...
Foreign investors
Things you should know about Cambodia before investingCambodia has performed well on foreign direct investment (FDI) so far, three times better than predicted, which scored 3.6, becoming the top 25 in the world.302 The FDI reached an all-time high of 14.1% in 2012 and nearly ...
Development and assistance for poverty reduction and food security
USAID’s Harvest program is helping Cambodia’s farmers. Photo by USAID, taken on 09 December 2013. Under the license CC BY-ND 2.0.The country has achieved remarkable sustainable growth, however, poverty and food security remain the challenges. The Royal Government of Cambodia (RGC) has acknowledged that to ...
SMEs policy and regulation
The Covid-19 pandemic has caused a major economic shock in Cambodia, having a spillover on Cambodian micro, small and medium enterprises (MSMEs) and small household farmers’ survival and business continuity.376 Digital technologies are crucial during the pandemic, in which the owners of SMEs should focus ...
Small and medium enterprises SME
Small and medium enterprises (SME) have long been considered a vital driver to economic growth for developing economies. SMEs stimulate job creation throughout the country. Migration of employment to neighboring countries and the unemployment rate has significantly decreased due to a rising number of SMEs, ...
