One of the Kingdom’s largest microfinance institutions (MFI), Prasac MFI, increased its paid up share capital by $29 million in a bid to increase public confidence and comply with the National Bank of Cambodia’s (NBC) requirements. ...

The US State Department has expressed deep concern over Cambodia’s spiralling democratic climate following the government’s diktat to shutter the USAID-funded National Democratic Institute (NDI), ostensibly for violating the highly contentious NGO Law. ...

The United Kingdom sees Cambodia as a strategic location at the heart of a transportation network through Thailand, Vietnam and Laos to reach China and other countries in the region and the world, a senior UK trade official said yesterday. ...

Officials from the Ministry Of Agriculture have called on farmers to cease using chemical pesticides and adopt environmentally friendly methods in an effort to increase yields and reduce damage to produce. At an agriculture workshop on biological control agents hosted yesterday by the Ministry Of Agriculture, ...

Manufacturers and unions aligned with the ruling CPP yesterday said the current labor shortage inside the garment industry would act as an incentive for employers to increase salaries, and that there was no need for the government to impose a new minimum wage. During a meeting ...

The Global Green Growth Institute (GGGI) has renewed its commitment to support the Cambodian government in the transition towards environmentally friendly, inclusive, sustainable economic growth through the Seoul-based organisation’s ongoing projects as well as green transport and waste management initiatives in its pipeline. ...

Cambodia’s population is expected to grow by 22 per cent to almost 19 million by 2030, while infant mortality is slated to decrease and life expectancy to increase, according to a UN report released on Wednesday. ...

From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...

Despite concern from the E.U. that Cambodia is being used by Chinese bicycle makers to avoid an anti-dumping duty, the bike industry has maintained strong export growth to Europe, according to the latest data from the European Commission (E.C.). ...

The Institut Pasteur du Cambodge and Sipar have launched a five-year action plan in collaboration with the government to reduce the death rate from rabies by 50 percent. ...

Many banks and microfinance institutions (MFIs) in Cambodia have increased interest rates for deposits in dollar and riel currency by approximately 0.5 percent and 1 percent per annum respectively but not decreased rates for loans in the last three months, according to senior officials in ...

The Association of Southeast Asian Nations (ASEAN) Foreign Ministers have urged Myanmar to create a conducive environment towards peaceful dialogue among all stakeholders for the benefit of its people. ...

Prime Minister Hun Sen said yesterday that he would permanentlycance all 35 fishing lots on the Tonle Sap lake – which had already been suspended in recent months – and turn them into a conservation zone to protect the lake’s pressurized wild fisheries, on which ...

About 20 nursing students from the privately run International Science Institute petitioned the National Assembly on Wednesday to demand action against their school, which they claim is unlicensed and providing them with a substandard education. The school opened in 2012 and currently has about 160 students, ...

Cambodia improved its performance in this year’s Global Peace Index, climbing seven places from last year to reach 106 out of the 162 countries ranked in the study. The improvement is relative, though, with the impact of violence having cost an estimated $1.5 billion. The Institute ...

Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...

The Cambodian rice sector is set to lose its duty-free export status to the EU today – its major rice market – after the European bloc decided to impose tariffs on rice from Cambodia and Myanmar to curb a surge in such imports. ...

Government-issued economic land concessions are making the country’s indigenous communities in the northeast provinces worse off, according to a study by the Mekong Institute of Cambodia. Presented yesterday at the 2012 Development Research Forum in Phnom Penh, the study comes on top of mounting criticism of ...

The Mekong River Commission has documented 186 fish species identified by the Kunming Institute of Zoology as being found in the Upper Mekong Basin in China’s Yunnan province. A list of the species with their scientific and common Chinese names as well as their distribution in ...

Government revenues totalled more than $700 million over the first four months of the year, an 11 per cent year-on-year increase, data from the Ministry of Economy and Finance (MEF) show. In total, the revenue made by the General Department of Taxation (GDT) rose by about ...