The National Bank of Cambodia (NBC) will launch a Blockchain-based, peer-to-peer payment and money transfer platform in the next few months, its director-general Chea Serey told The Post on Monday. Dubbed ‘Project Bakong’, the scheme already has the support of 11 banks, with many more ...

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. ...

With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. ...

Prime Minister Hun Sen has called on Chinese tech giant Huawei to continue to cooperate with the Ministry of Post and Telecommunications on training the local workforce and help Cambodia procure the latest technology to ensure cyber security and competition.   ...

The Minister of Posts and Telecommunications Chea Vandeth requested a Japanese association to open a digital technology training school in Cambodia for highly skilled Cambodians to work in Japan and participate in national development. ...

Scientists and international experts fine-tuning the design of the Xayaboury dam have unveiled a scale model of the planned run-of-river structure to ensure the most efficient level of sediment flushing. The 1:120 scale model simulates actual hydrologic flows and water velocities in the Mekong River at ...

Minister of Civil Service Hun Many is committed to reforming and strengthening the public administration effectively and efficiently, as well as promoting and modernising public institutions in line with the Pentagon Strategy. ...

While financial technology, or fintech, has made little traction so far in Cambodia, panellists at a conference in Phnom Penh on Friday expressed confidence that the sector was poised for rapid growth.​ ...

A Cambodian startup was selected to take part in Startupbootcamp’s three-month fintech accelerator program in Singapore, becoming the second firm from the Kingdom to join the international program in as many years. ...

Cambodia ranked number 176 in the world in an index measuring the best places in the world to launch a tech startup, according to the first Draper Innovation Index (DII). ...

Investment capital firm Haystack Asia has acquired KhmerDev, an information technology company which was the first French-speaking IT service provider in Cambodia when it launched in 2001. ...

Amid reports of the emergence of the Zika virus in Myanmar and the discovery of the first birth defect believed linked to the virus in Vietnam, two researchers with Phnom Penh’s Pasteur Institute have concluded that Cambodia is at high risk of its own Zika ...

Prime Minister Hun Sen yesterday ordered microfinance institute (MFI) Prasac, one of the largest in Cambodia, to change its logo immediately for fear that the public may confuse it as representing the government. ...

Cambodia’s financial sector saw healthy growth last year with increased deposits and profits amid slower credit growth, reflecting sustainable development and increased public confidence in the sector, according to a recently released central bank report. ...

An archaeologist is pleading the government to save an Angkorian-era canal before the work of brick makers completely erases the site. Built nearly 1,000 years ago, the 120-kilometre stone channel was used to transport building materials from a quarry to Angkor Wat, according to archaeologist Thuy ...

The Techo Sen Institute of Public Works and Transport (TSI) announced the launch of a capacity building project on road maintenance methods to improve sustainable infrastructure in Cambodia, Laos and Vietnam, with the expectation that the project will provide an opportunity for the three countries ...

The National Institute of Diplomacy and International Relations (NIDIR) of the Ministry of Foreign Affairs and International Cooperation (MFA.IC) organised here at the Garden City Golf Club on Oct. 3 the “Diplomacy-Business Friendship Golf Tournament” under the presidency of Deputy Prime Minister SokChendaSophea, Minister of ...

The Cambodian banking sector remains strong and not at significant risk of collapse, despite the occasional incidence of foreign investors pulling back after being spooked by “negative” news stories, according to Belgium-based global impact fund Incofin Investment Management Comm VA. ...

A series of contracts have been implemented by 40 communities and six production groups, including a memorandum of understanding (MoU) with a microfinance institution to guarantee payment at harvest time to 2,236 farming families. ...

The Coalition of Cambodia Farmers Community said on Thursday that the recent shutdown of 104 rural credit institutions that provided loans to farmers will not affect their livelihoods, saying that past interest rates were high. ...