One of the largest banks in Japan, Sumimoto Mitsui Banking Co., will sign an agreement with Acleda Bank Friday to share market data and banking services, Acleda announced yesterday. The deal would allow Sumimoto Mitsui, which currently only has a representative branch in Cambodia, to access ...

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...

The volume of cargo passing through the Sihanoukville Autonomous Port (SAP) rose 15 per cent in the first quarter of this year compared with the corresponding period last year. Experts say milled-rice exports and fuel imports contributed to the boost in activity. From January to March, ...

To enhance Cambodian rice yields, the government should encourage private development of rice-seed production and focus its efforts on farmers’ education and regulations that ensure the quality of seed, industry experts say. The Cambodian Agricultural Research and Development Institute (CARDI), under the direction of the Ministry ...

Cambodian microfinance institution (MFI) Sathapana Limited will receive $15 million in loans to provide additional support to small- and medium-size enterprises (SMEs), which make up the vast majority of the country’s businesses. The loan comes courtesy of German Investment and Development Company DEG, a subsidiary of ...

Prime Minister Hun Sen and Princess Maha Chakri Sirindhorn have high expectations for the Kampong Speu Institute of Technology, which was funded by the Thai royal in order to develop human resources in Cambodia. ...

The Ministry of Education on Monday broke ground on a new Institute of Technology campus in Kompong Speu province’s Thpong district that officials said is being built with funds from the Thai royal family on land partially donated by agribusiness magnate Ly Yong Phat. ...

Foreign Affairs Minister Hor Namhong on Thursday requested that China construct its planned regional water resources institute in Cambodia, during a meeting with China’s special rapporteur in charge of Asia affairs, a spokesman said. ...

The Royal Microfinance institution launched its operations in Cambodia on Thursday, bringing the total number of micro-lenders in the kingdom to 50. ...

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 ...

China’s dam building spree on the upper Mekong River raises new tensions over water resources Vietnamese President Truong Tan Sang obviously had China in mind when he warned recently that tensions over water resources are not only threatening economic growth but presenting a source of conflict Cambodia, ...

The number of businesses registered with the Ministry of Commerce climbed by more than 10 per cent year on year during the first half of 2012, ministry data showed. Officials credited the government’s piecemeal efforts to institute a transparent investment policy and gross domestic product growth, ...

Changes in demography and technology have altered the behavior of Cambodian media consumers, with youth increasingly using social media platforms to share news and information. Pen Sophal, a graduate student in media management at Sweden’s Royal Institute of Technology, says print and electronic media outlets in ...

A day after a bipartisan election reform committee put the neutrality of proposed areas of reform, Defence Minister Tea Banh reiterated that the armed forced would not tolerate opposition supporters calling for Hun Sen to step down. ...

he upcoming 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CICA) in Shanghai, China is crucial to building trust, peace, security and stability in Asia, Cambodian experts said. “The conference is vital to building mutual confidence and closer partnerships among countries in ...

Cambodian Commerce Minister Sun Chanthol concluded a trade mission in the United States this week, emphasizing his government’s willingness to make “deep” reforms to improve its investment climate. Cambodia meanwhile needs more foreign investment to create jobs for the 300,000 young Cambodians who enter the ...

Cambodia has approximately 1.9 million agricultural households with about 8.5 million people, or 57 percent of the country’s 14.96 million people, according to the first-ever agriculture census report released on Wednesday. “The 1.9 million agricultural households were engaged in growing of crops that were undertaken in ...

Two Cambodian banks have set aside US$200 million for loans to bolster the Kingdom’s struggling rice-milling industry, officials said yesterday. The move comes as the Cambodian government has called on the private sector to boost loans to rice millers during the harvest season as a way ...

Families living occupying cemeteries in Phnom Penh’s Chbar Ampov district are showing reluctance in moving to a new location offered by City Hall, saying that the new houses are inadequate. ...

Rewards will be given to those who provide local police with the exact time and place that illegal timber is transported through the Ton Hon Cambodia-Vietnam border checkpoint, the Kampot provincial police chief said yesterday. ...