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. ...

A report from local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT) claimed that the increasing levels of debt caused by taking loans from microfinance institutions (MFIs) is forcing rural families to sell off land. The study also claimed that the sharp rise in debt ...

The advancement of Science, Technology, and Innovation is instrumental in propelling Cambodia towards its goal of becoming a high-level middle-income country by 2030 and a high-income country by 2050. ...

Prime Minister Hun Sen’s announcement on Facebook yesterday that the annual tax on vehicles used by limited-income families, including tractors, would be abolished was met with indifference by small-scale farmers, who said high interest rates on loan were a concern, not the negligible tax assessed ...

Cambodia will sign to receive 33.9 million U.S. dollars in grant aid from Japan for three projects in small hydropower dams, healthcare and education, according to a news release from Cambodia’s foreign ministry on Monday. ...

Cambodian microfinance institution PRASAC says it is bolstering its green credentials by increasing loans for eco-friendly farming methods in the kingdom. President and CEO of PRASAC, said the institution is “committed to providing and developing more green financing to the rural people for their livelihood ...

Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population ...

 On Monday, June 3, 2024, ODC attended an afternoon conference titled “Enabling Environment for a Human-Centered Adoption of AI in ASEAN” at the Sofitel Angkor Phokeethra Resort in Siem Reap, Cambodia. The conference was a side event of the larger 85th meeting of the ASEAN ...

It kills more Cambodians every year than malaria. More than dengue fever. It’s 100 percent preventable, but very little has been done to eradicate it. This year, Cambodia is finally taking on rabies—a killer virus most often transmitted to people through the saliva of biting dogs. A ...

The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...

Phnom Penh recently saw the destruction of a portion of the Buddhist Institute to make way for the expansion of a casino. Political analyst Lao Mong Hay told “Hello VOA” last week that this kind of development demonstrates an “imbalance” between public and private institutions. The ...

The technical commissions of the National Assemblies of Cambodia, Vietnam and Laos met on Tuesday in Phnom Penh to discuss strengthening the development of information exchange and finding solutions to cross-border crime and security issues. ...

On 24 July 2017, the Cambodia Microfinance Association (CMA) issued an announcement to inform all microfinance institutions and the public that:Cambodian Microfinance Association promotes the implementation of their Code of Conduct.All MFIs cannot accept identification cards, family books or residential books as collateral for loans.All ...

ODC Executive Director was discussing ODC Khmer site with 12 participants.On May 30, 2014, ODC conducted a focus group discussion on ODC Khmer site. The objectives were to (1) present ODC Khmer site by exploring ODC’s data organization and website structure including illustration on how ...

The Ministry of Interior, jointly with the Ministry of Telecommunications has issued an inter-ministerial directive that requires telecom service providers to strictly check the identity information of their subscribers and users to take part in eliminating telecommunication crimes after the criminals used this high technology to kidnap and committed the serious crimes and difficulties of seeking ...

Cambodia’s famed UNESCO-listed Angkor Archaeological Park made a revenue of $44 million during the first nine months of the year from ticket sales to Angkor Wat. This represents a 2.5 per cent increase compared to the same period last year, according to an official report ...

Scientists are attaching tracking devices to a colony of flying foxes near Phnom Penh in a bid to prevent a possible outbreak of a deadly virus. ...

The 10th Tripartite Meeting between the Supreme Audit Institutions of Cambodia, Laos and Vietnam with the theme of “Follow up on audit recommendations” was held in central city of Da Nang on August 29. ...

The world has been disrupted and traumatized by the Coronavirus crisis. Also known as COVID-19, this global pandemic has affected every industry which made them difficult to cop and conduct their work as normal. The COVID-19 pandemic in Cambodia is also a part of the ongoing worldwide pandemic. ...

Four foreign banks, under the umbrella of the International Finance Cooperation, a member of World Bank Group, provided $65 million in syndicated loans to Cambodian microfinance institution Prasac to expand its lending portfolio. ...