Government ministries bound by sexist traditions and a lack of support are keeping women officials across Asia from implementing their ideas, female leaders gathered for a four-day seminar in Phnom Penh said yesterday. ...

Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...

Micro-Credit Ratings International Ltd (M-CRIL), an Indian provider of rating and advisory services to the microfinance industry, has secured a $1.5 million equity investment agreement from the Asian Development Bank (ADB) to push into emerging markets including Cambodia, the ADB said in an announcement last ...

The state-owned Rural Development Bank (RDB) has announced that it will distribute $50 million in loans to private rice millers to sustain the paddy market for farmers. The Cambodia Rice Federation (CRF) said the funds will be used to purchase nearly 300,000 tonnes of paddy ...

The World Bank urged the Cambodian government Wednesday to accelerate reforms while taking a participatory approach to its National Strategic Development Plan. Speaking at a meeting of the Development Partner Coordination Committee, World Bank Country Director Annette Dixon congratulated the government on its current development plan ...

Prasac, a leading micro-finance institution in Cambodia, had increased its registered capital from US$3.8 million to $20 million in preparation for its transformation into a commercial bank by 2014, the institution said yesterday. “The registration requirement of $37.5 million is a very small amount to ...

A World Bank report highlighting the rate of Cambodian children exposed to second-hand cigarette smoke has bolstered calls to increase tobacco taxes threefold. The World Bank report, which was released on November 20 and titled Risking Your Health, claims nearly 50 per cent of all Cambodians under ...

Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...

Families forced to leave their homes to make way for a railway rehabilitation project funded by the Asian Development Bank and the Australian government have told the Bank that a draft compensation plan it has drawn up to remedy their situation is inadequate. On Monday, Inclusive ...

The Asian Development Bank (ADB) announced last week a $30 million loan aimed at overhauling Cambodia’s technical and vocational education system (TVET). According to a September 26 statement issued by the ADB, the new funding will go towards launching a “competency-based” assessment and certification process, and ...

The National Bank of Cambodia ( NBC), or the Central Bank, and the Japan Financial Services Agency (JFSA) signed a cooperation agreement on Wednesday, aiming at exchanging experience and expertise in the area of Bank supervision, according to a news statement. ...

The government is allocating $50 million to support small and medium-sized enterprises (SMEs) in the agricultural sector. The funds can be accessed in the form of low-interest loans through the state-owned Rural Development Bank (RDB). ...

Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO).​ At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...

A day after a state bank called on Cambodians to buy domestically milled rice to help a government scheme to stabilise prices in the sector, multiple ruling party officials were reaching into their own pockets to do just that. The Rural Development bank – tasked with ...

With the Kingdom’s main rice harvesting season wrapping up, just a fraction of a government emergency loan package that aimed at giving millers the liquidity they needed to purchase rice paddy duringthe harvest cycle has been disbursed, leaving the government and private sector divided on ...

Minister of Economy and Finance Aun Pornmoniroth said the government welcomed investments worth €80 million ($97 million) from the European Investment Bank (EIB) for the Irrigated Agriculture Improvement Project (IAIP) in Cambodia.​ ...

The Asian Development Bank (ADB) and Cambodia Development Resource Institute (CDRI) on June 16 launched a pioneering partnership to make ADB digital publications available in CDRI’s online catalogue. ...

The Asian Development Bank (ADB) has approved $30 million in financing to help strengthen Cambodia’s health system amid a surge in new infections and sustained community transmission of the coronavirus disease (COVID-19), said ADB in a press release. ...

The International Labour Organization (ILO) estimates that as many as 93% of those who are employed in Cambodia are part of the informal economy, while the share in Myanmar and Indonesia, two other Southeast Asian countries, is as high as 85%. ...

The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...