The National Bank of Cambodia’s (NBC) recent two-pronged prakas on capital buffers and the capital adequacy ratio (CAR) of banking and other deposit-taking institutions, which aims to provide a clearer classification system for assets, is poised to strengthen the industry and enhance risk resilience, local ...

Cambodia has retained its B credit rating despite ratings company Standard & Poor’s citing the country’s ongoing political standoff as a “major” constraint. S&P affirmed Cambodia’s B/B credit rating last week, labeling the country as having a strong and stable long-term and short-term outlook. Engagement of international ...

A report from the Cambodia Agriculture Research and Development Institute (CARDI), a semi-autonomous organisation, showed that 83 per cent of farmers surveyed in Kampong Speu, Kampot and Kampong Cham provinces had noticed the effects of climate change. ...

Cambodia’s microfinance sector continued to expand rapidly during the first half of the year, despite concerns over rising default rates as the industry’s main borrowers – provincial farmers – struggle to repay their loans after successive seasons of drought and poor harvests. ...

Land conflicts, discrimination, corruption and inequality dominated discussions between citizens and lawmakers at forums across the country this year, according to the U.S.-based organization the National Democratic Institute (NDI). In its annual report, obtained yesterday, the NDI noted “significant consistencies in the concerns facing Cambodians across ...

On 26 October 2023, the Ministry of Posts and Telecommunications (MPTC) and the Ministry of Culture and Fine Arts (MCFA) signed a Memorandum of Understanding (MoU) on cooperation for verify.gov.kh, set up the infrastructure, and established an internet connection”. Based on the content of the ...

The Education Ministry will organize a training course and study programs that will give all of the country’s teachers access to bachelor’s degree programs by 2020, officials said yesterday. ...

India-based Tata International Ltd announced yesterday that it would import and distribute its Farmtrac Tractors in Cambodia to profit from the country’s growing agricultural sector. Speaking at the launching ceremony at the Koh Pich exhibition centre, Jitendra Manghinani, country manager of Tata South East Asia (Cambodia), ...

A large national library on the campus of the National University of Battambang (NUBB) in Battambang province will be inaugurated next month to let students conduct more research on subjects and technical skills in areas such as agriculture and technology. ...

The Ministry of Post and Telecommunications has entered into a memorandum of understanding (MoU) with the Ministry of Education, Youth and Sport to set up community technology centres in state high schools nationwide, aiming to further advance digital education. ...

The Health Ministry has published a list of more than 400 health centres offering treatment for mental disorders and drug abuse, including their locations and contact numbers. The ministry expanded its outreach efforts to address mental health issues and drug abuse in public health facilities ...

THE President of the Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) Te Taingpor has requested the SME Bank of Cambodia and participating financial institutions to extend the payment period of the SME Co-Financing Scheme from four to six years and take ...

Six projects worth $361.4 million have been signed in order to boost science, technology, engineering, and mathematics (STEM) education, and other sectors in Cambodia. ...

The National Bank of Cambodia (NBC) will allow banks and financial institutions to continue loan restructuring until mid-2021, according to a letter sent to the Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) last week. ...

Hun Many, Minister of Civil Service has called for the review of the structure and function of ministries, institutions, and subnational administrations to address uncertain or redundant tasks and responsibilities. ...

About 1,000 workers protested outside the Chinese-owned Komchay Mear Trading factory in Prey Veng province on Saturday morning after managers refused to give them a government-mandated salary advance for the Pchum Ben holiday, officials and unionists said on Sunday. The protest was short-lived, however, ending Saturday ...

With more plans for rice storage and silos in Cambodia, industry insiders have expressed their optimism that a lack of facilities will not pose a challenge for the Kingdom’s rice market this year. Cambodian Rice Federation vice-president Norng Veasna said thanks to efforts from the ...

Real estate developments covered in green tarp have sprung up across the capital’s Boeung Kang Kong commune, and housing units are filling before the projects are finished, insiders said. The value of construction approvals in Phnom Penh jumped by 557.5 per cent in March to US$150.5 ...

The French Development Agency (AFD) confirmed Wednesday that it will sign $6 million worth of loan agreements with three microfinance institutions (MFIs) to help rural households purchase solar panels and electricity. ...

Three more international airlines will soon begin operating flights to Cambodia’s two main airports, according to Cambodia Airports, which owns and operates the facilities. Lao Central Airlines and Qatar Airways will offer flights to Phnom Penh, and Frankfurt-based Condor Air will fly direct to Siem Reap, ...