According to the Annual supervision report 2020 by the National Bank of Cambodia (NBC), the key bodies in the banking system consists of:51 commercial banks12 specialized banks75 microfinance non-deposit taking institutions6 microfinance deposit-taking institutions245 rural credit institutionsIn addition, there are financial leasing companies, third-party processors, ...

Trash collection in Siem Reap province, Cambodia. Photo taken by David Villa, taken on 12 January 2008. Licensed under CC BY 4.0 DEED.Solid waste is defined as “used things, materials, or products that remain or are generated from human daily activities and livelihood and do ...

After the first general election in 1993, the government prepared and implemented a comprehensive micro- and macroeconomic policy and structural reform program to integrate Cambodia’s economy into the region and the world as well as stimulate its economic growth.157 In the two decades following that ...

SDG 7 focuses on affordable, reliable and sustainable access to modern energy services. This includes ensuring universal access to energy services (SDG 7.1), increasing the proportion of renewable energy sources used to supply these services (SDG 7.2) and doubling the rate of energy efficiency improvements ...

Cambodia restructured its economy after many years of protracted war and instability. The economy grew strongly following the country’s transition to a free-market economy as it opened to trade and capital flows. Growth was supported by the flow of development assistance, access to the European ...

Rice field in Cambodia’s countryside. Photo by fmpgoh, taken on 15 July 2009. Licensed under CC BY-NC-ND 2.0The main products from the agriculture sector are rice, rubber, corn, vegetables, cashews and cassava. Unprocessed agricultural exports were projected to be more than 90 percent of total agricultural ...

Jatropha, known in Cambodia as “Lhong Kwong”, is commonly grown in the Kingdom. Jatropha mainly grows in the mountainous regions of the north and central parts of Cambodia but is not restricted to those areas. It can be found in Battambong, Pursat, Kampong Speu, Sihanouk, ...

Garment workers waiting in line to get food. Photo by International Labour Organisation, taken on 14 July 2015. Licensed under CC BY-NC-ND 2.0.Cambodia has the highest labor force participation rate in the Southeast Asia/Pacific region, with 82.7 percent of the working population aged 16-64 employed ...

Cambodia is struggling to safeguard its forests while preserving economic growth since many people make a living via farming, logging, and other activities that might lead to deforestation. Almost 80% of Cambodians living in rural regions rely on forests for survival. On the other hand, ...

The rapid economic and population growth in Cambodia is leading to significant environmental pollution. The economic development activities have generated major environmental consequences, including air pollution, water pollution, noise pollution and solid wastes. ...

Cambodia has begun to integrate disaster and climate resilience goals into its national policies but implementation remains difficult. In the National Action Plan for Disaster Risk Reduction 2014–2018, the government prioritizes the target to: “build a resilient nation and local communities to pursue sustainable development.” ...

The law-making process is about making and enacting new laws or revising existing laws.In the Kingdom of Cambodia, three institutions can initiate the law-making process: any member of the National Assembly, any member of the Senate and the prime minister. 588 Most of the texts ...

The Ministry of Environment is the main authority mandated to oversee environmental issues, including protected areas, environmental impact assessments, and management of natural resources. ...

A Special Economic Zone (SEZ) is a defined area within a country that is subject to different laws and regulations than other areas of the country. These comprehensive industrial areas provide preferential incentives to investors and offer government import-export administrative support to facilitate trade. Though ...

Products from Vietnam arrive at the Phnom Penh Autonomous Port in Kandal province. Photo by World Bank Photo Collection, taken on 23 February 2013.  Licensed under CC BY-NC-ND 2.0The Comprehensive Cambodian Peace Agreement, commonly referred to as the Paris Agreement, is seen as the beginning ...

Flooded forest in Cambodia. Photo by Andrea Kirkby, taken 11 May 2014. Licensed under CC BY-NC 2.0.A 1993 royal decree designated 23 protected areas covering about 3,273,300 ha, equal to around 18% of the country’s total land area, and brought them under the jurisdiction of the Ministry ...

Access to quality healthcare is fundamental to enhancing citizens’ livelihoods and advancing towards more sustainable growth and development in countries all over the world. Along with increasing public demand for better health infrastructure and adequate access to healthcare services, many countries face the need to ...

Goal 16’s full title is “Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.” It has a monitoring framework of 12 targets (2 around means of implementation) and 23 indicators.  Transition ...

Small and medium enterprises (SME) have long been considered a vital driver to economic growth for developing economies. SMEs stimulate job creation throughout the country. Migration of employment to neighboring countries and the unemployment rate has significantly decreased due to a rising number of SMEs, ...

Geographically, Cambodia is rich in rivers and water bodies. These water resources play an important role in economic and social development, particularly in agriculture, industry, environmental protection and tourism sectors. ...