The National Bank of Cambodia announced on Monday that it would set an annual interest rate ceiling of 18 percent for all microfinance institutions (MFIs), sparking concerns that lenders would stop offering smaller loans that often keep the most financially vulnerable afloat. ...

Strong growth in garment, textile, and agricultural exports drove a 42.7 per cent increase in Cambodia’s total exports for 2011, official Ministry of Commerce data shows. The Kingdom exported $4.98 billion in goods last year, compared with $3.49 billion the year before. Market diversification and a relaxing ...

Cambodia, in its role as Asean chair, has decided that the thorny issue of the South China Sea will not be on the agenda at next month’s Asean Summit in Phnom Penh, CPP lawmaker Cheam Yeap announced yesterday. “Cambodia is a neutral country, and based on ...

Cambodia ranked 112 out of 113 countries surveyed globally and dead last in the East Asia and Pacific region when it comes to the perceived rule of law, a new report released today states. ...

Cambodia’s inflation rose by 5.49 per cent year-on-year in the first quarter of the year, due to increases in food and fuel prices, according to the monthly data from the National Institute of Statistics compiled by the Post. However, economists and government officials said they were ...

Cambodia is one of only two economies worldwide to have declined in global value chain (GVC) participation since 1995, according to the World Trade Organization’s latest study. The WTO’s World Trade Report 2014, released Monday, shows Cambodia’s overall percentage of GVC participation – one country’s contribution ...

Cambodian officials have refused to establish a specialised bank for small and medium enterprises (SMEs) despite experts saying the sector needs aid in order to compete efficiently with ASEAN economic integration in 2015. Hang Chounnaron, secretary of the Ministry of Economy and Finance said Cambodia would ...

School textbooks paid for by the Asian Development Bank have been routed to district education offices, some of which are charging schools for books that are supposed to be free, an NGO investigation has found. The textbooks on Khmer literature, maths, geography, morality and science were ...

The results of the 2023 high school diploma exam (Bac II) will be announced today, earlier than expected due to the smooth marking process. ...

In a gesture of goodwill, Prime Minister Hun Sen offered government positions to unemployed Voice of Democracy (VOD) journalists. ...

Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. Government officials and representatives of the private sector ...

Cambodian Prime Minister Hun Sen said Monday that the state’s institutions will be further strengthened after the opposition ended a 10-months long boycott of parliament over disputed election results in July last year. “The normalcy of all state institutions in the legislative, executive and judicial ...

Ministry of Water Resources and Meteorology has forecast that the maximum temperature would rise to 39 degrees Celsius during the 2023 dry season. ...

The number of students pursuing Science, Technology, Engineering and Mathematics (STEM) majors in higher education in Cambodia has increased in recent years, but the numbers still remain relatively low. ...

A lack of capital is the main obstacle for Cambodia to expedite connectivity development and the Southeast Asian country hopes that the Asian Infrastructure Investment Bank (AIIB) and the Silk Road Fund will fill the shortage, a spokesman said. ...

The Ministry of Public Works and Transport launched a phone app on Thursday which allows the people to report problems with the country’s roads directly to the ministry in a big leap forward for road safety in the Kingdom. ...

The names of more than 900 prisoners have been put forward to receive pardons and sentence reductions during next month’s Khmer New Year festivities, officials said yesterday. The inmates were selected by the Ministry of Interior and their cases are now being assessed by the Ministry ...

A senior government adviser on information technology says a draft of a cybercrime law is unnecessary and could lead to demonstrations and unrest if passed as currently written. Critics say the draft law, made public last week, criminalizes online behavior in vague language open to ...

The Council of  Ministers on Friday approved a sub-decree requiring tour guides to obtain licenses from the government in an effort to regulate and improve quality of service in the tourism sector. The sub-decree aims “to define the procedure to manage tourist guides,”and requires current ...

Over eight months after Cambodian mobile operator Mfone filed for bankruptcy, the defunct provider’s former staffers should get their outstanding salaries in November, according to the case’s court-appointed administrator. Bankruptcy administrator Ouk Ry said yesterday that deals have been made on many of the failed telecom’s ...