Cambodia’s largest microfinance institution, (MFI) Prasac, has received a $60.5 million loan to strengthen its capacity in offering broader financial services in the country. On Friday, Prasac signed the agreement for the syndicate loan – provided by more than one lender – with the Netherlands Development ...

Regional Comprehensive Economic Partnership (RCEP) will boost trade volume by around $40 billion and increase real income by up to 2.5 percent, according to Prime Minister Hun Sen. ...

Cambodia’s small economy leaves it especially vulnerable to devastation in the face of large-scale natural disasters, United Nations agencies and Cambodian officials warned last week. “The relative size of an economy adds to the vulnerability as seen particularly in the case of the Lao Peoples’ Democratic ...

The Council for the Development of Cambodia (CDC) approved 75 investment projects worth US$5.5 billion between January and July, according to council statistics. This growth represents a 247 per cent, year-on-year increase in the value of approved investment projects, 60 of which were in the industrial ...

Rice exports for the first quarter of the year jumped 8.5 percent to 162,220 tons from 149,464 tons for the same period last year, but in March the figure dropped 14.5 percent, or 9,592 tons, to 66,275 tons in the face of competition from Thailand, ...

Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5 per cent in 2023, led by manufacturing exports, according to a World Bank report. ...

The Ministry of Health has alerted people to be vigilant and continue to practise preventive measures followed for COVID-19, as transmission from a new sub- variant, Omicron XBB.1.5, are increasing in neighbouring countries. ...

About 1.3 million International visitors arrived in Cambodia in semester one in 2011 with an increase of 13.4 percent if comparing to the same period last year, Tourism Minister announced at a seminar this week. “It is expected that about 2.8 million tourists will pour ...

Container traffic through the Phnom Penh Autonomous Port increased by 7.5 percent in the first eight months of this year compared to the sme period last year, according to port figures. In the January through August period, the port received 57,000 twenty-foot-equivalent units, or TEUs, up ...

The Asian Development Bank (ADB) slashed Cambodia’s GDP growth to 6.4 percent this year, 0.1 percentage point lower than its April’s forecast of 6.5 percent, according to the bank’s Outlook 2012 Update released on Wednesday The bank predicted that Cambodia’s gross domestic product to grow by ...

Construction costs in the Kingdom have increased only 1.36 per cent year-on-year, compared to Cambodia’s inflation rate, which is projected at 3.5 per cent for 2012, according to a new report from global estate agents CBRE. The company says the minimal increase is due to the ...

The real growth rate of the service sector has been revised upwardly by half a percentage point against our previous prediction to 5.4 percent year-on-year in 2012, on the back of higher growth expected in the local trade and transport subsectors. The growth outlook of this sector in 2013 is quite ...

Land prices in Preah Siahnouk province have risen slightly, by 5 to 10 per cent in early 2013, despite increasing numbers of tourists who have visited Cambodia and travelled to the province. Cheng Kheng, director of the CPL real estate company and president of Cambodian Valuers ...

Two more new human cases of avian influenza H5N1 have been confirmed in Cambodia, and one of them, an 11-year-old boy died on Friday in Phnom Penh’s Kantha Bopha Children Hospital, a hospital representative confirmed Monday. “An 11-year-old boy from Kampong Chhnang province was admitted to ...

Thailand has denied its forces shot dead 12 Cambodian loggers who crossed the border illegally on March 5, Cambodian Foreign Ministry spokesman Koy Kuong said yesterday. During a meeting with Ministry of Foreign Affairs representative Long Visalo, Thai ambassador Touchayoot Pakdi said Thai soldiers had made ...

Following reports of endemic corruption and suppression of dissent in the Kingdom last year, Cambodia was once again classified by global watchdog Freedom House as “not free” in a generally bleak report released yesterday. In Freedom of the World 2015, Freedom House’s assessment of the real-world ...

Following First Lady Michelle Obama’s three-day visit to Cambodia to promote her “Let Girl Learn” initiative, Cambodian officials say they hope for positive changes in girls’ education. Cambodia has nearly 1.5 million female students studying at primary and high schools, he said. But only 42 ...

According to the results of air quality monitoring from monitoring stations installed by the Ministry of Environment in the capitals and provinces across the country, the air quality situation has decreased, especially the concentration of PM10 inert particles and PM2.5 which may rise above the ...

Cambodia’s economy is projected to expand 5.6 percent this year and 6.1 percent next year, up from 5.2 percent last year, the International Monetary Fund (IMF) said Tuesday. ...

On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...