A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...

Prime Minister Hun Sen has ordered authorities to arrest any politicians pledging to clear the debts of voters with micro-finance institutions (MFIs) and banks if their party wins the elections. ...

On 12 February 2023, the Ministry of Foreign Affairs and International Cooperation released a joint statement between​ the​ Kingdom​ of​ Cambodia​ and​ the​ People’s​ Republic​ of​ China​ on​ building​ a​ Cambodia-China​ community​ with​ a​ shared​ future in​ the​ new​ era​ after the Prime Minister of ...

Amret Microfinance received a $10 million boost yesterday by a loan from German development bank KfW, according to a joint statement from the finance institutions. Chea Phalarin, chief executive officer of Amret Microfinance Institution, said yesterday that the new loan – equal to nearly double its ...

A Chinese-funded agricultural park has been inaugurated in Banteay Meanchey province in northwestern Cambodia. Banteay Meanchey provincial governor Kousom Saroeuth and Xiao Yi, head of international relations office of the Department of Agriculture of China’s Yunnan province,jointly unveiled the Friendship Park of Agricultural Science and Techniques ...

Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to ...

The Council for Agricultural and Rural Development (CARD), in collaboration with the UN World Food Programme (WFP), have launched a dissemination strategy for the SUN Business Network (SBN) – a key part of the global Scaling Up Nutrition (SUN) Movement – in a bid to ...

Officials have suggested that the 14 partner signatories to the Regional Comprehensive Economic Partnership (RCEP) establish a trade secretariat in Phnom Penh. The agreement, which aims to boost economic development, came into force at the beginning Of 2022. ...

Cambodia’s digital economy remains at a nascent stage and will need at least 10 years to grow and aim for a technology-driven economy, said Minister of Economy and Finance Aun Pornmoniroth. Speaking at the national consultation workshop on Policy and Direction of Cambodia’s Digital Economy ...

A Chinese laboratory pledged this week to aid the development of Cambodia’s agricultural sector by sharing expertise, technology and human resources. Representatives of the Hunan Hybrid Rice Research Centre, located in China’s southern province of Hunan, made the pledge on Sunday during an official visit ...

Agriculture Minister Veng Sakhon met on Monday with visiting US professors W. Ronnie Coffman and Max J. Pfeffer from Cornell University to discuss cooperation in a new project whose purpose is to yield disease-resilient, high yielding cassava. ...

On 21 October 2021, the Ministry of Industry, Science, Technology & Information issued a press release on the official launch of “KhmerSME – national digital information platform for micro, small and medium enterprises.The Ministry of Industry, Science, Technology & Information will organize the officail launch ...

The Ministry of Education, Youth and Sports (MoEYS) and the French Embassy in Cambodia have signed an agreement on cooperation in science and technology, within the framework of the Huber Curien “Tonle Sap” partnership, to continue research for development projects. ...

Cambodia and the Republic of Korea, through the Korea International Trade Association (KITA), have been committed to further boost their cooperation in the digital sector, trade exchange, and investment. ...

The Ministry of Education, Youth and Sport announced the creation of more new generation schools across the country to contribute to the development of the national economy. ...

The Ministry of Education, Youth and Sport encouraged teachers to learn more about artificial intelligence (AI) to help develop the education sector in Cambodia. ...

Hem Vanndy, Minister of Industry Science Technology & Innovation, on May 2, 2024 received representatives from Life and Building Safety (LABS), led by its Country Manager, Mr Emerald Am, to explore avenues for enhancing factory safety in Cambodia. ...

On May 10, Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), received representatives from Hainan Litree Purifying Technology Co., Ltd. and discussed the company’s interest in expanding its investment in Cambodia’s clean water sector. ...

Cambodia on Tuesday revealed two suspected hackers, who have attacked in large scales on the information technology networks of the national institutions, the National Police announced in its website. Bun Kingmongkol Panha, 21, and Chou Songheng, 21, both are the third year information technology students at ...

The Apsara Authority has extended an agreement with China’s International Centre on Space Technologies for Natural and Cultural Heritage to continue using its remote sensing technology to discover and preserve ancient temples in Siem Reap province.​ ...