Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...

The Kingdom’s small and medium enterprises have called on commercial banks and micro-finance institutions to lower interest rates on loans, as insiders have said they hamper SMEs’ potential for growth. Many Cambodian SMEs are concerned that the high interest rates offered by banks reduce productivity, according ...

The Ministry of Industry, Science, Technology and Innovation (MISTI) has signed a Memorandum of Understanding (MoU) with Chinese firm Beijing Urban Construction Group (BUCG) to carry out a feasibility study on implementing a project that aims to supply clean water across the populations living on ...

Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. ...

South Korea has given more than 200 military vehicles to Cambodia and nearly 200 more will arrive in July. The first batch were handed over yesterday at a ceremony at the Techo Hun Sen Military Technical Institute in Kampong Speu province. ...

Almost one in every 100 children in Cambodia is living in a residential care institution, a number far higher than previous estimates, according to a new report in the British Medical Journal. ...

Civil society organizations and youth groups have called for young people to be more involved in human rights and the environment. They also demanded greater protection for young activists who have suffered threats, violence and court action. The call was made in a youth forum on young ...

Smart Axiata announced yesterday that it has begun disbursing funds from its $1 million COVID-19 Relief Fund to the Institut Pasteur du Cambodge, Open Institute, Friends International and Southeastern Globe Communications, according to a company statement. ...

The Asian Vision Institute (AVI) provided a one-week Mekong-Lancang Peace Boat Training Programme to researchers, policy makers and civil servants from Cambodia, China, Laos, Myanmar, Thailand and Vietnam to enhance regional cooperation and develop peace and prosperity in the region. ...

The National Centre for Peacekeeping Forces (NPMEC) on May 26 commemorated the International Day of UN Peacekeepers, in recognition of their service and sacrifice and to honour the memory of those who had lost their lives in the course of peacekeeping. ...

Mobile service provider Smart has outperformed its fellow Axiata Group subsidiaries in the first half of the year, according to the Malaysian conglomerate’s latest financial report. Driven by a 115 per cent increase in data traffic revenue, Axiata’s results show Smart’s gross revenue totalled 270 million ...

Cambodian telecommunications company EMAXX signed a contract with China’s Huawei, a global ICT solutions provider, on Wednesday in order to develop EMAXX’s 4G network in Cambodia. The contract was inked between Ai Min, chief executive officer of EMAXX, and Weng Kefeng, deputy general manager of Huawei ...

Cambodia and China are close to inking an agreement that would bring the Kingdom another step closer to developing its own nuclear technology, officials said yesterday, although it would not be used initially to bolster its electricity production. ...

The Industry Science Technology and Innovation, Tourism and the Post and Telecommunications ministries will join the newly launched Cambodia Data Exchange (CamDX) platform to exchange data with other ministries as well as with the private sector. ...

Minister of Industry and Trade Nguyen Hong Dien on December 12 held a working session in Hanoi with Cambodian Minister of Commerce Cham Nimul and Minister of Industry, Science, Technology and Innovation Hem Vanndy, on the occasion of an official visit to Vietnam by Cambodian ...

The Ministry of Economy and Finance (MEF) yesterday launched the third phase of its Online Business Registration System, known as the Single Portal, integrating the service of issuing licenses, certificates, professional licenses, and other relevant documents from 12 ministries and institutions. ...

A Cabinet reshuffle is expected this year after Prime Minister Hun Sen warned that if there were no quick and effective reforms, several cabinet ministers would be removed. The Ministry of Transport and Ministry of Agriculture have been rated as the lowest performers, but other ...

Senior government officials yesterday were promoting the development of the information and communication technologies (ICT) sector in the Kingdom, particularly the concept of digital empowerment among young people. Deputy Prime Minister Sok An, who presided over the opening of ITU Asia-Pacific Regional Development Forum, held in ...

More than 100 unofficial lenders have flooded into the National Bank of Cambodia seeking formal registration after the authorities announced a crackdown earlier this month on unrecognised operators. In a joint declaration from the Ministry of Economy and Finance and the NBC on February 2, officials ...

Thai Princess Maha Chakri Sirindhorn, a daughter of King Bhumibol Adulyadej of Thailand, has granted funds to build two institutes of technology in Kampong Thom and Kampong Speu provinces in order to provide technical education and training to poor Cambodian students. ...