Cambodian Public Bank is responding to the Coronavirus crisis by taking pro-active action to provide help to its customers in distress by restructuring and rescheduling their loans to eligible individual and business customers. ...

The last decade was golden for Cambodian agriculture. The annual agricultural sector growth of 5.3% between 2004 and 2012 was one of the highest in the world, according to a new World Bank report, Cambodian Agriculture in Transition: Opportunities and Risks , prepared with the ...

Acleda Bank Plc, Cambodia’s largest locally-owned commercial Bank, has signed a $130 million long-term facility agreement with Chinese state-owned China Development Bank Corp (CDB), the world’s largest development Bank by assets, it said in a press release on Friday. ...

ACLEDA Bank (CSX: ABC)’s standalone credit profile has been upgraded by global ratings agency, Standard & Poor’s (S&P) from ‘bb-’ to ‘bb’ with the Bank’s overall credit rating listed as a B+. ...

Sathapana Bank Plc received a $50 million loan from Proparco, a subsidiary of Agence Francaise de Developpement (AFD) to increase lending by the Bank to small and medium-sized enterprises (SMEs) and women entrepreneurs in Cambodia. ...

ACLEDA Bank Plc has proposed a five-year, $200 million blended finance investment from the World Bank Group’s International Finance Corporation (IFC), disclosure documents reveal. ...

Innovation is critical to productivity growth and economic progress in developing East Asia including Cambodia, China, Indonesia, Lao PDR, Malaysia, Mongolia, Myanmar, the Philippines, Thailand, and Vietnam in a rapidly changing world, according to a new World Bank report launched today. ...

Work is under way on a new road in Kampong Cham, funded with $3 million from the World Bank and the Cambodian government. The two-lane double bituminous surface treated road will run nearly 30 kilometres between Boeung Trav and Anlong Koki.​ ...

The World Bank said they will address concerns raised by 292 families regarding a landfill project in Kandal province’s Sa’ang district through meetings with all stakeholders. The families have requested that the landfill project in the Prek Raing reservoir area be relocated. ...

The World Bank has revised its economic forecast for Cambodia down to 2.2 per cent this year, from a higher expectation of four per cent in April amid a rapid rise in new daily coronavirus infections and deaths, spurred by the more transmissible Delta variant. ...

The Ministry of Agriculture, Forestry and Fisheries has sought support from the World Bank on developing the agriculture sector, mainly for vegetable production and aquaculture. ...

The World Bank (WB) has pledged to continue promoting sustainable development of agriculture in Cambodia amid the threat of COVID-19. ...

The World Bank has approved financing, along with a grant from the Global Partnership for Education, will provide $69.25 million in new funding to help Cambodia improve equitable access to basic education and respond rapidly to crises affecting the education system. ...

The World Bank has approved $113 million in new financing to improve access to quality healthcare in Cambodia focusing on poor and vulnerable people and supporting effective responses to health crises.   ...

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed some $418 million in loans to at least 3,185 small- and medium-sized enterprises (SME) since its foundation, as of October 31, to keep them from going under during the height of ...

The cost of logistics in Cambodia is partially to blame for being a drag on the country’s ability to compete with neighboring supply chains, a World Bank Group report found. ...

The state-owned Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank) has disbursed more than $200 million in loans to at least 2,500 SMEs to help them expand businesses. ...

The Ministry of Economy and Finance (MEF), in collaboration with the World Bank (WB), yesterday held a sector policy dialogue to discuss new strategies with development partners and other government officials from different ministries and institutions to boost investment while considering the scope of regional ...

Several reports have indicated that mobile financial services can play a key role in supporting development, but it is not yet clear how these services would affect the lives of farming households in developing countries. ...

The impact of digital transformation on the European banking sector and the potential for Cambodia to tap into fintech innovations were hot topics of discussion at EuroCham’s latest event. ...