China has greatly contributed to the development of the world economy, even though it is still a developing country, scholars in Cambodia said Sunday. “China helped other Asian economies to recover from the Asian financial crisis in 1997, assisted the Eurozone to recover from the ...

“When I first arrived in Cambodia, I was impressed of the digitization process here,” Dr. Daniel Schmücking remembers his first days in Phnom Penh, and continues: “I thought ‘how can I survive here?’ but then someone told me about PassApp.” The Konrad Adenauer Stiftung (KAS) ...

The seventh edition of the ‘Give A Day’ meet, held in Phnom Penh recently, urged the Cambodian government to step up investments in tech parks for promoting the ecosystem for digital start-ups and also to speed up the country’s march to become a digital economy. ...

Fifteen foreign investments worth $344 million were approved by the government’s investment board in October, most of which were in the garment industry, according to data obtained this week ...

Exports from Cambodia increased 32.9 percent to $3.7 billion during the first ten months of this year compared to the same period in 2010, according to data released by the Ministry of Commerce yesterday. Milled rice exports saw the biggest increase with a 161.5 percent jump ...

Cambodia’s trade deficit with the rest of the world continued to widen last year to $5.2 billion, as the Kingdom’s imports outstripped its exports once again, a National Bank of Cambodia (NBC) report released on Saturday said. The NBC figures revealed that the Kingdom imported $18.8 ...

Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...

The increasing utilization of Information and Communication Technology (ICT) tools has had a huge impact on the livelihood of Cambodian people in what is often called the “Industrial Revolution 4.0”. Recognizing the inevitable evolution toward digital change, the Cambodian government has been preparing to digitalize ...

Cambodia and Malaysia have signed a memorandum of understanding (MOU) in order to cooperate and share Information and Communication Technology (ICT) in order to develop the health, government and logistics sectors. Cambodia’s National ICT Development Authority met with the Malaysian Ministry for Science, Technology and ...

The first time Leang Horng, a resident of Kandal province’s Saang district, made use of a micro-finance institution, a loan was the only service he needed. At that time, Horng had no idea about deposits or money transfers. But things have changed in the past few ...

The Cambodia Rice Federation (CRF) and AMK Microfinance Institution Plc are brainstorming plausible approaches to jointly channel finance into the rice sector. ...

While industry, particularly the textile, travel bag and footwear sectors, is diversifying to high value added products, upgrading of high technology and modern machinery is needed for all factories, a senior official at the Garment Manufacturers Association in Cambodia (GMAC) said. ...

An international information technology, electronics and telecom exhibition kicked off here on Friday with an aim of developing the country’s Information and Communications technology (ICT) industry, officials said. The three-day event, held at the Diamond Island Exhibition Centre, brought together 49 local and regional ICT companies ...

Two of the leading microfinance institutions (MFIs) in Cambodia said yesterday that they have identified a relatively small fraction of borrowers who were affected by flooding and would provide relief on their repayment schedules if necessary. The comments come after both Prime Minister Hun Sen and ...

Cambodia’s progress in reducing maternal mortality was recognised internationally this week at the 67th World Health Assembly in Switzerland. Efforts to increase the number of skilled birth attendants and an increase in the number of 24-hour emergency centres available to pregnant women were both credited with ...

Cambodia must significantly increase teachers’ salaries and import the best teacher trainers from abroad in order to combat a continuously widening gap between the skills employers are looking for and those the country’s graduates are able to provide, a new report says. Facing the worst student-teacher ...

An inter-governmental anti-money laundering group has stopped monitoring Cambodia after it said the Kingdom had made “significant progress” toward fighting financial crimes. ...

The state-owned Credit Guarantee Corporation of Cambodia (CGCC), Cambodia Rice Federation (CRF) and participating financial institutions (PFIs) signed an agreement on the $30 million Rice Export Guarantee Scheme (REGS) to help millers stockpile rice for milling, processing, exporting and making local value-added products. ...

“There may be times when you want to explain things through maps, but you don’t know how to create the maps. With the currently available technology, creating map has become relatively easy. You no longer need to be an expert to develop maps, provided that ...

USAID launches $15m initiative to improve the nation’s digital skills by working with universities and private institutions to strengthen the quality of ICT curriculums and improve soft skills. ...