The National Bank of Cambodia announced on Monday that it would set an annual interest rate ceiling of 18 percent for all microfinance institutions (MFIs), sparking concerns that lenders would stop offering smaller loans that often keep the most financially vulnerable afloat. ...

Though the export of cassava from Cambodia to foreign markets increased by more than 50 percent in 2016, compared with previous years, export earnings were still low due to below-market-prices offered by buyers in Thailand and Vietnam.   ...

The fledgling Grassroots Democracy Party appealed yesterday to the preDecessors of the now-dissolved Cambodia National Rescue Party to contest this year’s upcoming elections in a bid to dilute the ruling party’s vote share – an offer they quickly turned down. ...

As 58 Cambodian fishermen rescued from slavery in Indonesia await their travel documents to return home, the intergovernmental body organizing their return is attempting to raise money to pay for their travel because the Cambodian government is not offering any funds for their repatriation. ...

 In mid-August, Chhoeun Daravy and eight others found themselves negotiating with police over the wording of a handwritten contract. Officers initially wanted the agreement to say that the nine had “illegally” entered a “prohibited area” in the recently logged Phnom Tamao forest and flew a ...

Government officials over the weekend warned that opposition leader Sam Rainsy could face legal action for comments he made on his Facebook page that called on the public to woo the country’s armed forces into supporting the CNRP and put an end to decades of ...

Villagers in Oddar Meanchey’s Trapaing Prasat district filed a complaint with rights group Adhoc alleging a military official is using armed forces to claim 90 hectares of their land. In their complaint filed with Adhoc earlier this month, the 13 families who claim ownership of the ...

Phnom Penh’s governor on Thursday refused to confirm whether two buildings close to the Royal Palace will be pulled down after local district and commune officials said Wednesday that their demolition due to height violations was imminent. Governor Pa Socheatvong de­clined to comment on the reports ...

A world class Japanese Company, IDEMITSU, will build a bio-fuel factory in Cambodia in 2015, and will commence exploring bio-fuel in Cambodia for the first time in 2017, Mr. Heng Ratana, General Director of Cambodian Mine Action Centre (CMAC) told reporters yesterday. IDEMITSU has been ...

A Social Affairs Ministry report published yesterday showed that provincial departments of Social affairs, veterans and rehabilitation assisted 2,437 homeless children in 2015, 715 of whom were girls. ...

On 11 June 2022, the Ministry of Foreign Affairs and International Cooperation issued a press release on His Excellency PRAK Sokhonn and His Excellency WANG Wentian signing the Agreement on the Cooperation Projects of the Mekong-Lancang Cooperation Special Fund 2022.On 13 June 2022, His Excellency ...

Employer representatives and trade unions sat down across from each other for the first time yesterday for head-to-head negotiations over next year’s garment sector minimum wage, with factory owners reluctantly offering a small $2 increase to their earlier proposal of $144.20. ...

Industrial parks that offer special privileges to companies that operate inside them play a dominant role in attracting investment in the region, but countries must focus more on building up their infrastructure and human resources to take advantage of increased connectivity, development experts said yesterday. ...

Indonesia is willing to offer Cambodia’s navy ships at a discount and would like the Kingdom to be involved in joint patrols in the region, Indonesia’s Defence Minister Ryamizard Ryacudu yesterday told the Post, amid his meetings with government leaDers. ...

T-shop Cambodia, a Phnom-Penh based electronics distributor, is planning an aggressive push into the provinces through company-owned and franchise outlets, and will look to raise capital for expansion by offering shares on the local stock exchange, the company’s CEO said yesterday. ...

Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...

Phnom Penh City Hall has set a two-week deadline for residents of the Borei Keila community to accept compensation offers and move out of the area. The authorities said they would take residents to court if they refused to move by the deadline. ...

Cambodian authorities say the latest refugee to take up the country’s resettlement offer under a controversial deal with Australia arrived in Phnom Penh on Sunday, only the sixth to do so since the deal was struck in September 2014. ...

A series of letters issued by the Ministry of Interior on Tuesday night – one chastising two election monitors, and another offering a blanket warning to NGOs – have again raised the spectre of the Kingdom’s controversial and widely criticised Law on Associations and NGOs ...

Against a backdrop of government criticism of local election watchdogs, Deputy Prime Minister Hor Namhong has been elected vice presiDent of the standing committee of the election monitor ICAPP, which has frequently been criticised for indiscriminately offering its stamp of approval to otherwise controversial elections. ...