Locally-owned Acleda Bank Plc will become the first commercial Bank to be listed on the Cambodia Securities Exchange (CSX). It received an official letter to this effect from the National Bank of Cambodia (NBC) on November 26, which allows it to proceed with its plans for ...

After repeatedly equivocating about whether it has lifted a 2011 freeze on new lending to Cambodia in response to the government’s forced evictions of families in Phnom Penh, the World Bank has said that the suspension is still firmly in place. “The World Bank has not ...

Office space demand in Cambodia remained stable in the third quarter of this year, the lack of growth reflecting market concerns regarding post-election political instability, property experts say. Hang Yuvan, sales manager at Phnom Penh Tower, said that office space demand should improve by the end ...

The Asian Development Bank on Tuesday said it expects Cambodia’s economic growth to slow slightly in 2014. In its annual “Asian Development Outlook,” the Bank said it expects to see a drop in the rate from about 7.2 percent last year to 7 percent this year ...

The government has agreed to review its resettlement agreement with families relocated from railways as part of an Asian Development Bank (ADB)-funded rehabilitation project, but has refused a recommendation to set up a debt-relief scheme for the evictees, according to an action plan released by ...

Representatives of some of the 3,000 families evicted from Phnom Penh’s Boeng Kak neighborhood in recent years said Thursday that municipal government officials, who were ultimately responsible for the mass evictions, told them they would be inviting the World Bank and NGOs to help compensate ...

The Phnom Penh Municipal Court on Friday concluded the trial of two former employees of Canadia Bank and two alleged accomplices charged in October with embezzling more than $2 million from fraudulent credit card accounts. Presiding Judge Kor Vandy heard closing arguments in the case—believed to ...

The World Bank says Cambodia has the most open foreign direct investment regime in ASEAN while Thailand has the most restrictive. In a report released Monday, the Bank also said that Cambodia had recently emerged as ASEAN’s second-biggest recipient of foreign direct investment in the agricultural ...

Mobile network operator Beeline announced on Monday that it will launch a 4G service by the end of the year. Hout Vanthan, the chairman of parent company Sotelco, said the 4G network will be available in Phnom Penh by the fourth quarter of 2014. ...

The Asian Development Bank (ADB) on Wednesday insisted that the Cambodian government has not turned down any of its recommendations for helping thousands of families hurt by a Bank-funded project, claiming that talks over how to compensate and support the families were still underway. Last week, ...

About 60 residents from Phnom Penh and the provinces of Battambang, Banteay Meanchey and Preah Sihanouk who lost land or are in danger of losing land due to a railroad development project funded by the Asian Development Bank (ADB) protested outside its offices Thursday morning ...

Phnom Penh families who face losing a part of their land to a railway rehabilitation project being funded primarily by the Asian Development Bank (ADB) protested in front of the Bank’s country headquarters Monday over what they say has been a lack of transparency about ...

ប្រធាន​ធនាគារ​អភិវឌ្ឍន៍​អាស៊ី​ដែល​មក​ធ្វើ​ទស្សន​កិច្ច លោក តាកេហ៊ីកុ ណាកាវ (Takehiko Nakao) បាន​មាន​ប្រសាសន៍​កាលពី​ថ្ងៃ​អង្គារ​ថា នឹង​មិន​មាន​ប្រាក់​ថែមទៀត​ពី​ធនាគារ​នេះ​ដើម្បី​បញ្ចប់​គម្រោង​ដែល​ជាប់​ គាំង​និង​ក្ស័យធន ដើម្បី​ស្ថារ​បណ្តាញ​ផ្លូវ​ដែក​ចាស់​របស់​ប្រទេស​កម្ពុជា គឺ​គម្រោង​មាន​ទឹក​ប្រាក់​១៤២​លាន​ដុល្លារ ដែល​ត្រូវ​គេ​ចាត់​ទុក​ថា​ជា​ការ​ផ្តួចផ្តើម​ហេដ្ឋា​រចនា​សម្ព័ន្ធ​ដ៏​ សំខាន់។ ...

The International Monetary Fund (IMF) on Friday kept its projection for Cambodia’s economic growth rate at 7.2 percent this year and 7.3 percent next year. ...

Officials delayed the bidding process for three projects funded by the Asian Development Bank (ADB) on Wednesday after heated arguments between bidders broke out in Kompong Cham province’s Choeung Prey district, local officials said on Thursday. ...

Cambodia must do more than open its borders for trade and investment if it hopes to benefit from regional economic integration and reduce the glaring economic inequality wrought by entrenched patronage networks and corrupt institutions, according to a new report by the Asian Development Bank ...

Cambodia’s international donors met Tuesday to decide whether they will comply with the government’s recent move to increase the per diem that civil servants receive for attending work-related, out-of-office events. In July, Prime Minister Hun Sen signed off on a sub-decree raising the Daily Subsistence Allowance ...

Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest Banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...

The Cambodia Rice Federation (CRF) has requested the state-run Rural Development Bank of Cambodia (RDB), reserve an additional $30 million to purchase paddy from the Kingdom’s rice farmers during the upcoming harvest seasons. ...

Women’s economic roles in Cambodia have made slower progress than in many other countries in the Asia-Pacific region, World Bank economists said yesterday. The region as a whole has seen tremendous gains in the way of gender equality during the past 20 years, but increasing wages ...