The long-awaited Cambodian Credit Bureau (CBC) launched yesterday, a move that is expected to increase the amount of information banks retain on the history of borrowers in the banking system. Despite loan disbursals in the banking sector growing by 25 percent last year, banks have so ...

One hundred and thirty-five families evicted from the Borei Keila community filed a complaint with the Council of Ministers and Finance Ministry yesterday against Phnom Penh Municipality for trying to transfer to the Phanimex company land belonging to the community, a resident said. ...

Cambodia is close to a deal that would ship as much as 20,000 tonnes of milled rice to Indonesia, according to sources familiar with the matter. Thon Virak, director of state-owned rice exporter Green Trade and chairman of Federation of Milled Rice Exporters Association, said Green ...

Cambodia’s garment sector yesterday looked more like a teacher to regional economies such as Myanmar than a student of China and other export juggernauts. With more than 500 garment and shoe factories – adding a new one every 10 days, according to the Garment Manufacturers Association ...

The Kingdom ranked second in the first half of the year for overseas Vietnamese investments, receiving about $32 million of the total $263 million outflow from the eastern neighbour. The Vietnamese General Statistics office (GSO) said from January to June this year, that country’s businesses ...

The Ministry of Agriculture’s Forestry Administration spokesman Keo Omaliss hit back on Thursday at a World Wildlife Fund (WWF) report that claims the Greater Mekong will lose 30 percent of its forests by 2030 without drastic action. ...

The production of more than $58 million worth of 60-megawatt solar-panels has begun in Kampong Speu province after the project was approved in May by the Council for the Development of Cambodia (CDC), provincial governor Vy Samnang said. ...

The government launched the Revenue Mobilisation Strategy 2019-2023 on Thursday. The 77-page book details key strategies such as modernisation of the General Department of Taxation’s (GDT) fiscal revenue system in response to the increasing demand for service quality, social equity guarantee and sustainability of revenue ...

At a meeting chaired by Prime Minister Hun Sen on Friday, the Council of Ministers approved a draft law on expanding the scope of the National Social Security Fund (NSSF) to cover pensions. The law is of immense importance, particularly in providing greater protections for ...

Prime Minister Hun Sen on Wednesday announced the creation of a foundation to raise money to support the country’s five Kantha Bopha children’s hospitals in Phnom Penh and Siem Reap. Hun Sen also said tycoon Kith Meng had donated property valued at $8 million that ...

Cambodia will join three other regional countries in carrying out standardized testing for grade five students as part of a pilot program that aims to improve primary school education in Asean, officials said this week. ...

The E.U.’s ambassador to Cambodia said he would weigh appeals from pro-government unions critical of a call by opposition party leader Sam Rainsy to push the government to improve its human rights record through increased economic pressure. ...

A U.S. State Department official told the country’s Senate on Thurs­day that recent political events in Cambodia, including the beatings of lawmakers outside the Nation­al Assembly and the removal of opposition officials from their seats and positions in parliament, were a cause for “grave concern.” ...

Contractors that dodge requirements to register with the social security fund, leaving workers to foot their hospital bills alone, will start facing harsher legal penalties, the director of the National Social Security Fund (NSSF) said.  ...

A community-based Internet provider called NerveNet has been launched in Kampong Cham province’s Chheng Prey district, about 100 kilometers east of Phnom Penh. ...

The International Finance Corporation (IFC) signed a memorandum of understanding with the Securities and Exchange Commission of Cambodia (SECC) on Thursday to develop a roadmap for strengthening the country’s corporate governance policies and practices. ...

Six months since Cambodia’s market regulator officially launched derivatives trading in Cambodia, Phnom Penh Securities Plc is poised to become the first local securities firm to legally trade the complex and little-understood financial instrument. ...

Twenty-nine homeless Cambodians, including 20 children, will be repatriated from Ho Chi Minh City today. Apart from the children, the group consists of nine adults – three men and six women. of the 20 children, 10 are boys and 10 are girls, according to Ministry of ...

Three months since the central bank soft-launched its FAST payment system it is taking the system public, making electronic riel-denominated transfers available to the customers of more than a dozen financial institutions. ...

Cambodia’s Secretariat of Civil Aviation signed a Memorandum of Understanding, last week, with the Morocco Civil Aviation Authority that technically allows direct flights between the two countries. ...