The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan of up to $10 million to spur post-pandemic recovery for the nation’s micro-, small- and medium-sized enterprises (MSMEs) by increasing access to finance, with at least half earmarked for women. ...

Representative of at least 41 rice millers have expressed willingness to enter into contract-farming arrangements with agricultural cooperatives to ensure ample supplies of responsibly-sourced grains of desired varieties, as pundits voice strong support for the practice as a catalyst to unleash the export potential of ...

Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing ...

The General Department of Identification (GDI) said that a draft law on civil registry documents, statistics and identification will be finalised soon at the inter-ministerial level. GDI said the modernisation of this legal framework will become an important legal tool to ensure sharing clear data and ...

International tourism receipts clocked in at $1.415 billion last year, marking a 7.690-fold increase over $184 million in 2021, albeit still a 71.2 per cent decrease from 2019’s record $4.919 billion, according to the Ministry of Tourism’s Tourism Indicators 2022 report. ...

A team from the Phnom Penh Water Supply Authority (PPWSA) is working closely with the Takhmao fire department to provide water to the residents of Takhmao town. Several members of the public have complained about a severe lack of water pressure in recent weeks, with ...

The Council for the Development of Cambodia’s (CDC) two regular notices issued month-to-date reveal that the government body has approved registration certificates for nine new private investment projects – all in manufacturing – valued at a total of $77.4 million and set to deliver an ...

Prime Minister Hun Sen hailed the proposed amendments to the election law after lawmakers on Friday unanimously adopted the draft amendments, meting out punishment for those who incite others not to go to vote. At least 110 lawmakers voted in favour of the motion. ...

Woori Bank, one of South Korea’s leading commercial banks, is set to inject an additional $100 million into its Cambodian operations next year. This “strategic” move is in response to a notable increase in loan demand, aimed at stimulating business activities that slowed during the ...

The Cambodia Development Cooperation Board of the Council for the Development of Cambodia (CDCB/CDC) and the Korea International Cooperation Agency (KOICA) held here at the CDC’s headquarters on Jan. 25 their “first bilateral meeting in 2024” to boost development cooperation and partnership between the two ...

Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...

The relations between People’s Republic of China and Cambodia have become closer in the way of culture, in which China is the most important strategic development partner in improving Cambodia’s economic growth through both financial and technical grant aids,” Mr. Eang Sophalet, assistant to Samdech ...

Clashes between garment workers and the local manufacturing industry came to a head in February when three women were shot while protesting for increased bonuses outside their workplace. It was almost five more months before manufacturers and governing bodies agreed to raise the earning potential ...

Cambodia, a Southeast Asian country with 15 million inhabitants, has begun to embrace intensive livestock production despite numerous obstacles. The industry heavily relies on the import of genetics, soybean meal, fish meal, additives, medicines and vaccines. A major constraint preventing producers from taking up intensive ...

Election monitors said Monday that irregularities at polling stations during Sunday’s vote were widespread, and preliminary results released by the government do not necessarily reflect the true will of the electorate. at a press conference in Phnom Penh, Transparency International (T.I.) executive director Preap Kol said ...

Nearly a decade ago, Meng Chor inherited a rooftop rental agreement with a telecommunications firm after buying a property on Mao Tse Toung Boulevard. For $300 a month over a 10-year lease, the contract allowed the company that later became Mfone to keep the cell tower ...

The Ministry of Agriculture has signed a deal with Try Pheap Import Export to give the firm the right to purchase all timber felled in economic land concessions (ELCs) in Ratanakkiri province, according to a letter sent from the Agriculture Ministry to the Forestry Administration ...

Early on Monday morning, at about 1am, two trucks carrying roughly 10 cubic metres of illegally felled timber were bouncing down the road between Oddar Meanchey and Siem Reap. Police stopped the trucks – one of which bore military plates – and seized the haul, but ...

The World Wildlife Fund, one of the biggest conservation groups, has called for an emergency meeting with the Mekong River Commission (MRC) in the wake of Laos’ decision to proceed with a second dam on the river. There are fears that this move will seriously undermine ...

Global Witness, a United Kingdom-based NGO, has alleged that Deutsche Bank has dropped the majority of its holdings in a Vietnamese company that operates rubber plantations in Cambodia, amid accusations the firm is involved in land grabbing and illegal logging. In a statement released today, Global ...