As a child growing up in a poor family in Banteay Meanchey, Yang Leaphea struggled to imagine a world outside her province. She turned to her desperately under-resourced local library, but found few books there to expand her horizons. All that changed when the intelligent daughter ...

The central bank released its first-ever national study yesterday on perceptions and usage of the riel and foreign currencies in Cambodia, which aimed at not only understanding existing trends, but also at steering future financial legislation to boost the circulation of Cambodia’s national currency. ...

The Cambodian Federation of Employers and Business Associations (CAMFEBA) yesterday launched an ASEAN Economic Community (AEC) guidebook aimed at providing employers with practical recommendations to help businesses better understand the dynamic regional changes of integration. ...

The government approved 103 factories with a combined investment of $660 million last year a big increase from the previous year’s 52 factories valued at $230 million, according to data from the Council for the Development of Cambodia. Industry representatives and economists said the sharp ...

The expanding banking sector and the spread of microfinance institutions (MFIs) in rural areas have failed to elbow informal, unlicensed money lending out of the market, industry experts say. Fast and easy access to money – as well as the fear of “losing face” by borrowing ...

The president of the Royal Academy of Cambodia (RAC) Sok Touch asked all ministries and institutions to consult with the National Council of Khmer Language (NCKL) before creating a new word. Touch said the request was made to prevent mistakes and keep the public from ...

Mobile money transfer service WING is preparing to launch a mobile wallet service later this year, and ACLEDA Unity is preparing to expand its own mobile services, enabling people to quickly pay for things just by touching their phone to a point-of-sale terminal. Near-field communications (NFC) ...

On 17 March 2021, the Ministry of Post and Telecommunications issued a press release on the Signing of Memorandum of Understanding (MoU) between the Ministry of Post and Telecommunications and Microsoft Asian Headquarters which aims to promote the digital transformation through cooperation on technically human ...

Minister of Education, Youth and Sport Hang Chuon Naron addressed an international conference on digital transformation in Cambodia. The conference aimed to raise awareness and seek input and contributions into the digital transformation of Cambodia, widely seen as necessary to ensure the Kingdom will remain competitive, ...

The Ministry of Education, Youth, and Sport has initiated a campaign to elevate the standard of model schools by implementing digital education for students in selected secondary schools in Phnom Penh. The initiative aims to enhance student achievement and is set to expand across the ...

Cambodia suffers from one of the highest rates of deforestation in the world, with an average of one percent of the country’s forest lost each year. But in an initiative funded by USAID Supporting Forests and Biodiversity (SFB), Winrock International hopes to help solve the problem ...

Cambodian experts, academia, government, civil society, private sector and youth discussed how AI and e-Government interact with the right to Access Information, in a recent seminar organised by UNECO and the Cambodia Academy of Digital Technology (CADT). ...

Minister of Education, Youth and Sports Hang Chuon Naron issued a proclamation on November 22, 2021, to establish the Institute of International Studies and Public Policy of RUPP where students can study in the Vietnamese Language Department and obtain a bachelor’s in Vietnamese studies, Vietnamese ...

The Kingdom’s inflation rate fell month-on-month in November for the first time all year, dropping 0.7 per cent from October, according to National Institute of Statistics data. However, year-on-year inflation in November increased 5.7 per cent, the NIS reported. “We see that we got a bigger supply ...

Cambodian financial institutions surveyed yesterday said they were in compliance with the central bank’s revised liquidity coverage ratio (LCR) requirements as the deadline passed to increase their cash and highly liquid assets to weather any internal or external shocks. ...

Officials expressed optimism that micrOfinance institution Prasac would be able to attract more deposit placing clients, after the inauguration Of its new headquarters in Phnom Penh’s Boeung Tompun district yesterday. Representatives from the National Bank Of Cambodia  and Prasac expect the new 10-storey building to enhance ...

The activist Independent Monk Network has called on the Ministry of Cult and Religion to release paperwork proving that an agreement it struck with NagaCorp to help construct an electricity substation at Phnom Penh’s Buddhist Institute does not involve the selling of any of the ...

Minister of Education, Youth and Sport Hang Chuon Naron highlights the crucial role of science, technology and innovation in promoting people’s well-being, as well as development and sustainable economic growth. ...

Both outstanding loans and savings deposits in 35 microfinance institutions (MFIs) continued to grow from January through to June this year, according to the latest report from the Cambodia Microfinance Association (CMA). By the end of the first half of this year, total loans from MFIs ...

Japanese technology companies Toshiba Corp and Kyosan Electric have met with Phnom Penh Municipality to discuss investing in a light rail system and new traffic light network. According to an announcement on the municipality’s website yesterday, Kazutoshi Fukuda, managing director of Kyosan Electric, and Yasuyoshi Mugiya, ...