The central bank announced on Friday that it has fined an unnamed microfinance institution (MFI) $100,000 for engaging in non-transparent lending practices. ...

Commercial banks and microfinance institutions have acquired more than 209 billion riel in riel liquidity, worth $52.4 million, from the National Bank of Cambodia (NBC) since the central bank began its liquidity-providing collateralised operation (LPCO) in October 2016. ...

Seven months after the announcement of the $150 million co-financial intervention package, only $41.52 million has been released to the businesses affected by the Covid-19 pandemic by the state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) and other participating financial institutions, according ...

A government delegation that traveled to the South Pacific island nation of Nauru last week to study the possibility of resettling in Cambodia some of the refugees Australia is currently holding there will return to Phnom Penh on Monday, a government official said. ...

Adding its name to a rapidly growing list of private companies, Tonlesap Airlines is gearing up for an initial public offering on the Cambodia Securities Exchange. And like many of these companies, the listing is still years off as Tonlesap prepares the tax and financial information ...

The government has introduced the National Strategic Development Plan 2019-23 which will focus on increasing awareness and reinforcing precautionary measures and strategies to crack down and combat corruption. The strategies come in conjunction with the increasing need for ministries and institutions to collaborate with the ...

Though the export of cassava from Cambodia to foreign markets increased by more than 50 percent in 2016, compared with previous years, export earnings were still low due to below-market-prices offered by buyers in Thailand and Vietnam.   ...

Prime Minister Hun Sen told a summit on micro-finance development yesterday that stricter rules needed to be applied to organizations and institutions lending money as many people were being cheated, embezzled and losing their collateral to unscrupulous lenders. ...

The Pacific Asia Travel Association will hold the 37th PATA Travel Mart at Diamond Island Convention & Exhibition Centre, Phnom Penh, Cambodia. The event is being hosted by the ministry of tourism of Cambodia and will take place from September 17th-19th. PTM 2014 will offer delegates the ...

About 93,456 Cambodian high school students on Monday took the annual national high school graduation exams, which is a prerequisite for students to pursue their studies in a university level. “A total of 93,456 high school students are taking the exams at 154 centers with 3,779 ...

Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said. The Sokha, deputy director ...

The Apsara National Authority (ANA) has released a journal entitled Preah Nokor – a compilation of research carried out in the Angkor Park area and is intended to be a storehouse of knowledge that Cambodians studying Angkor can draw on. ...

Masahiro Kawai, dean of the Asia Development Bank Institute, believes too great a focus is being placed on the realization of the 2015 ASEAN Economic Community at the cost of considering middle- and longer-term issues in the ASEAN region. “Economic community-building is not going to be completed in ...

Cambodian scholars have voiced their support to Chinese President Xi Jinping for his announcement of China’s contribution of 40 billion U.S. dollars for the establishment of a Silk Road Fund, saying that such a fund is vital for developing countries. Chheang Vannarith, senior researcher of ...

Cambodian people used banks less than any other country in the Asia-Pacific region last year in percentage terms of using financial services, recent data from the World Bank showed. The report, released this month, also pointed to high growth in the percentage of borrowers, which insiders ...

The private sector will meet with Prime Minister Hun Sen in April for the 19th Government-Private Sector Forum, which aims to address issues being faced by the business community. Lim Heng, vice-president of the Cambodia Chamber of Commerce (CCC) and director of coordination for the ...

The U.S. Mission to Vietnam and the Resource Center for Community Development (RCCD), An Giang University seek candidates for the 2018 YSEALI Regional Workshop: Protecting The Mekong Delta Environment which will be being held from June 4-9, 2018.ASEAN citizens between the ages of 18 and ...

Three ministries have jointly warned the public that as of Thursday, they will act against social media users and websites found spreading “fake news disturbing social security and causing chaos, confusion and a loss of trust in the upcoming [July 29 national] elections”. Fake news ...