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. ...

Even as political instability led to a drop in Phnom Penh’s housing market over the last few months, construction and sales of De Castle Royal steamed ahead in the third quarter. Now fully over the fallout from the 2008 global financial crisis, a recent $28 million ...

The morning before the verdict was handed down at the Appeals Court on March 12, the mood among those working on the defence team for Heng Chheang and his wife Tep Kolap was almost optimistic. They, along with relatives of the couple and academics from Phnom ...

The National Bank of Cambodia (NBC) received a grant totaling $8 million from the South Korean government, through the Korea International Cooperation Agency (KOICA) to modernize its national retail payment system as the Kingdom gets ready to trade in the Asean Economic Community. ...

Taiwan Cooperative Bank, one of the leading Banks in China’s Taiwan, officially commenced business in capital Phnom Penh on Thursday, bringing the number of commercial Banks in the kingdom to 33. Taiwan Cooperative Bank is the 2nd Bank from China’s Taiwan in Cambodia after the Mega ...

Despite being downgraded by Moody’s just over two months ago, profits at Cambodian Public Bank (Campu) and Acleda Bank—two of the largest Banks in the country—increased by about 50 percent during the first half of the year, according to figures provided by the Banks yesterday. In ...

The Asia Development Bank‘s Cambodia Resident Mission has appointed Eric Sidgwick as its new country director. Sidgwick aims to focus his efforts on promoting an inclusive and environmentally sustainable growth, said a press release issued by the Asia Development Bank (ADB) yesterday. Sidgwick started working at the ...

Cathay United Bank, the Banking arm of Cathay Financial Holding Co., has agreed to acquire a 70 percent stake in a Cambodia Bank, the financial holding company said Thursday. With the acquisition, Cathay United Bank will become the largest shareholder in Singapore Banking Corp. Ltd. (SBC Bank), while the original Singaporean investors will retain the remaining ...

Acleda Bank has filed an application to start Banking operations in Burma with the central Bank and is on track to open its first microfinance branch in the country by January, Acleda President In Channy said yesterday. Mr. Channy said the Bank submitted its application for ...

In one year since its official rollout in 2022 by the National Bank of Cambodia, KHQR, the universal quick response (QR) platform of the country for digital payments, has recorded nearly 400,000 transactions. ...

Thousands of supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) on Saturday gathered in the South Korean city of Gwangju to hold a candlelight demonstration calling for the “liberation” of democracy in Cambodia. Yim Sinorn, a CNRP member in South Korea, said on ...

Prime Minister Hun Sen said yesterday that Cambodia will not join other Asean nations in supporting an upcoming verdict from the Permanent Court of Arbitration at The Hague in a suit filed by the Philippines about continuing issues with China over the South China Sea. ...

The Apsara Authority has signed a deal with South Korea to restore and conserve the Elephant Terrace in Siem Reap’s Angkor Archaeological Park. ...

China and Cambodia on Thursday jointly called on related parties to adopt at an early date the Code of Conduct (COC) in the South China Sea to make it a sea of peace, friendship and cooperation. ...