PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...

The Kingdom yesterday celebrated the International Day of Forests with tree planting by students, teachers, local authority representatives, government officials and the UN Food and Agriculture Organization. ...

The Asian Development Bank (ADB) is marking 20 years of operations in Cambodia with the release of a book today celebrating its achievements in the Kingdom. The 67-member ADB says that over 20 years it has given Cambodia $1.8 billion in loans, grants and technical assistance. ...

A soaring population and increased migration to urban areas will create demand for more than a million new homes by 2030, according to a draft national housing policy. Approved by the Council of Ministers on Friday after a series of revisions, the draft highlights the increasing ...

The Ministry of Education has given a local education NGO $370,000 and one year to implement a pilot project aimed at replacing a long list of informal payments required of students at a Phnom Penh high school with a merit-based payment system that rewards high-performing ...

Thirty labor unions and associations appealed to the Labor Ministry on Friday to redraft its planned Trade Union Law, which they say will suppress industrial action and facilitate union busting, despite significant concessions in the latest draft. ...

Labour union leaders denounced the government yesterday, alleging unfair treatment in the wake of nine union worker arrests last week and a hefty bail payment by a union president yesterday. Ath Thorn, president of the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU), yesterday paid $25,000 ...

Obviously, COVID-19 has forced many people’s lives to a certain degree as the fear of its spreading compels the government to take strict measures and fellow citizens are advised to abide by. At ODC, working from home appears to be an alternative and Information and ...

The South Korean ambassador to Cambodia, Kim Han-soo, on Monday denied having asked the Labor Ministry to stop a strike at a South Korean-owned garment factory last week, but said the dispute has put a $40 million investment from the parent company on hold. On Sunday, ...

Sharp has scored its first international order for its transparent PV panels with a 27.5kW deal in Cambodia. The Osaka-based electronics group will provide 290 of its NA-B095AA see-through panels, as well as inverters and balance of plant (BOP) services, for a cafe in a shopping ...

According to the report, the number of people living in rural areas who had access to clean water increased from half in 2015 to 53 percent in 2016, while access to sanitation, such as proper toilets, increased nearly 10 percent to 56 percent. ...

The Wonders of the Mekong project and the National Fisheries Administration – in collaboration with the Fisheries Administration in Stung Treng province – released 100 endangered fish into the Mekong River on May 16, said a Fisheries Administration official. ...

A Chinese railway company may conduct a feasibility study on a 700-kilometre rail line in northern Cambodia, officials and local media reported yesterday. officials from Nanning Survey and Design Institute Co Ltd, a subsidiary of China Railway Siyuan Group, discussed the study with the Ministry of ...

As Chevron hands over its controlling stake in the Kingdom’s most developed oil field to a new player, industry experts say extraction may still take time Industry insiders urged patience this week after news broke that energy giant Chevron had sold its controlling stake in the ...

Several Cambodian families missing relatives who worked at a Poipet casino engulfed in a deadly fire in late December say weeks later they have still not received information or compensation from authorities and the casino’s owners. ...

Seventy prisoners are to be released during Khmer New Year next week in an amnesty that will also see hundreds of prison sentences reduced by up to a year. The Ministry of Justice approved 555 applications for sentence reductions and pardons following a request by its ...

Inflation in Cambodia last year reached 2.9 percent due to a moderate increase in the price of key commodities, particularly petroleum and agricultural goods, with the National Bank of Cambodia (NBC) saying the low inflation rate was a product of sound macroeconomic management. ...

Laos is considering a single-visa scheme with its neighbours Thailand and Cambodia to promote balanced development in the subregion, officials said. The Lao government will hold talks with Cambodia, possibly at the end of this month, to learn from Phnom Penh’s experience in this matter, a ...

On 26 October 2023, the Ministry of Posts and Telecommunications (MPTC) and the Ministry of Culture and Fine Arts (MCFA) signed a Memorandum of Understanding (MoU) on cooperation for verify.gov.kh, set up the infrastructure, and established an internet connection”. Based on the content of the ...

Scot Marciel, visiting Principal Deputy Assistant to the U.S. Secretary of State for East Asian and Pacific Affairs met with Deputy Prime Minister Hor Namhong, Minister of Foreign Affairs of Cambodia yesterday with an aim to further strengthen relations between the two countries, Koy Kuong, ...