Witnessing the merger between PRASAC Minority Depository Institution (MDI) and Kookmin Bank Cambodia, the Governor of the National Bank of Cambodia (NBC) Chea Serey expressed hope to see more consolation happening in the industry to boost its resilience and efficiency. ...

Opening a bank account from the comfort of your home is possible today thanks to e-KYC services in Cambodia. ...

Another person was diagnosed with monkeypox on Tuesday, bringing to four the number of cases of the illness in Cambodia, the Ministry of Health announced. ...

From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public Offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...

Microfinance institution Sathapana has increased its maximum loan size to US$200,000, a 300 per cent increase from the previous level of $50,000. The upgrade in loan size is a result of Cambodia’s good economic climate and the expectation that there will be demand among customers for ...

Two months ago, Sok Sathya spent less than a dollar for a kilogram of oranges to sell from his sidewalk stall across from a row of garment factories in Phnom Penh’s Meanchey district. Now the same oranges cost Mr. Sathya, 39, more than 6,000 riel, or ...

Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...

Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ...

A group of 19 non-governmental organisations and associations have urged the Kingdom’s legislative and executive bodies to expedite the passage of a draft law on freedom of information, which the group said had been delayed for years. ...

As the Kingdom anticipates population growth to reach 20 million by 2030, Prime Minister Hun Sen yesterday predicted that most citizens will eventually gravitate towards urban areas. According to Mr Hun Sen during a speech in Phnom Penh, the population of Cambodia could even potentially ...

The Shenzhen Urban Planning and Design Institute has been commissioned to undertake a masterplan to transform Sihanoukville into a modern sprawling metropolis, using the Shenzhen experience as its secret recipe. ...

Twenty – eight leaders from various business sectors in Southeast Asia came together last month to create a strategy to propel the Kingdom’s sustainable development with actionable and measurable targets.​ ...

Cambodia’s new Traffic Law has been a runaway success for road safety, Interior Minister Sar Kheng claimed yesterday, hours after a collision between two trucks carrying garment workers left two dead and nearly 60 injured.   ...

Experts warn that Cambodia still faces the prospect of violence and atrocities, as human rights abuse and other social injustices persist.But Cambodia’s leaders still have the “responsibility to protect” the country’s citizens, according to standards issued by the UN. ...

Sustainability Finance Real Economies SICAV – SIF (SFRE, pronounced Sapphire) has made an investment totalling USD 4 million in PRASAC (Cambodia) a microfinance institution, in line with its strategy of advancing social, environmental and economic development by providing capital to banks. ...

The introduction of the new traffic law has hit a few potholes, with some citizens complaining that it is too tough on poor families, while analysts say people in rural areas have been left in the dark about the new law’s requirements.  ...

The government yesterday slightly lowered its growth forecast for this year – from 7 to 6.9 percent – citing slowing growth in China and Europe as well as the appreciation of the US dollar as the reasons for the cut. ...

Ly Sothea, the director of the National Institute of Business (NIB) at the center of a scandal involving more than $30,000 that was withheld from teachers, was transferred from his position Monday to a new job at the Labor Ministry, though an Education Ministry official ...

Nearly 300 chickens and ducks were culled after a new case of H5N1, or bird flu, was found in Phnom Penh’s Sen Sok district last week, officials said. Seang Borin, director of the municipal agriculture department, said yesterday that 292 chickens and ducks were killed in ...

Cambodia’s seven largest urban centres are home to nearly 2,700 homeless adolescents who face numerous health and education-related obstacles, according to a new study by the Cambodian National Institute of Statistics, Columbia University and Friends International. ...