The Education Ministry’s crusade to clean up the national high school exam continued Wednesday, with the Anti-Corruption Unit (ACU) releasing a statement inviting concerned parties to monitor exams in August and warning that cheats would be failed and effectively banned from sitting again for two ...

A new USAID-funded malaria project in Myanmar will draw on prevention, treatment and containment models developed in Cambodia, and underscores the emergence of closer relations between Washington and Naypyitaw, health officials said yesterday. The US$24 million project will expand the effort to contain drug-resistant malaria, which ...

The total number of members enrolled in the National Social Security Fund (NSSF) of the Ministry of Labour and Vocational Training (MLVT) has risen to more than two million individuals.​ ...

Ten students will have the opportunity to further their studies for free thanks to Smart Axiata’s SmartEdu Scholarship Program, which not only covers their entire tertiary education tuition, but has also awarded them a monthly stipend amounting to $15,000 for the duration of their degree. ...

The Ministry of Public Works and Transport yesterday announced that the renovation of National Road 4, which connects the capital with Sihanoukville in the south, will begin early next year. The ministry said bidding for the project will start in September. National Road 4 is one ...

ADB and World Bank have organized the training Audit workshop on the theme: “Strengthening quality of external audits of ADB and World Bank Funded Projects,” at Phnom Penh Hotel on 29 August 2011 aiming at increasing the auditors’ capacity to establish a good reporting statement ...

The World Bank upgraded Monday its GDP growth forecast for Cambodia to 7.0 percent for this year, up 0.3 of a percentage point from its last projection in December. “In Cambodia, a likely stabilization in high-income country conditions should support further improvements in garment production and ...

U.S. President Barack Obama, South Korean President Lee Myung-bak, Chinese Premier Wen Jiabao and Japanese Prime Minister Yoshihiko Noda have already confirmed their participation in the 21st ASEAN Summit and related Summits here on Nov. 15-20, said Cambodia’s Foreign Minister Hor Namhong on Monday. ...

Cambodia’s economic growth is expected to reach 8.7 percent this year as a result of the growth within the garment sector and the increased prices for agricultural products. The Economic Institute of Cambodia (EIC) has said that the garment industry, including the manufacturing of shoes, ...

The National Bank of Cambodia (NBC) is constructing a spacious new office building in Phnom Penh’s Sen Sok district, though officials at the central Bank yesterday insisted there were no plans in store to vacate their current, storied headquarters on Norodom Boulevard. “The headquarters will remain where it is ...

AN HOUR’S drive south of Phnom Penh, deep in rural Cambodia, Chrek Heang is doing the rounds of his rapidly expanding poultry and fisheries business. Just four years ago he was living, like most of his countrymen, in a small wooden hut with a tin ...

The US Export-Import Bank (EXIM) and the Cambodia Chamber of Commerce signed an agreement on Monday that will guarantee loans offered for the purchase of US goods and services. The memorandum of understanding was signed as part of the US-Asean Trade and Investment Framework Arrangement, ...

The expanding banking sector and the spread of microfinance institutions (MFIs) in rural areas have failed to elbow informal, unlicensed money lending out of the market, industry experts say. Fast and easy access to money – as well as the fear of “losing face” by borrowing ...

Cambodia’s immigration police arrested eight illegal Vietnamese migrants and deported 10 other Vietnamese nationals from the Kingdom on Wednesday. ...

Open Development Cambodia (ODC) publishes a new topic page on the “Banking and financial services”. On the new bilingual page, the public will be able to get more information regarding Banking and financial services in Cambodia, together with an understanding of the evolution of policies ...

Open Development Cambodia (ODC) publishes a new topic page on the “Banking and financial services policy and regulation”. On the new bilingual page, the public will be able to get more insights about Banking and financial development in Cambodia, specifically on policies and regulations.  => Please ...

The National Bank of Cambodia (NBC) is continuing to accept small denomination US Banknotes ($1, $2 and $5) “free of charge” from financial institutions, despite the August 31 deadline it had set out in May. ...

The role played by the National Bank of Cambodia (NBC) to maintain and control financial condition through various regulatory measures has helped the country to keep inflation under check and economic growth steady despite the global headwinds. ...

Chea Serey, Governor of the National Bank of Cambodia (NBC), yesterday called on the private sector to foster financial and technology (fintech) adoption, innovation and fair competition as the national Bank is working to create a system that allows consumers to make payments with just ...

Prime Minister Hun Sen said on Monday that the Kingdom’s economic growth is forecast to grow at 7 per cent this year, according to news agency reports. “We still maintain our forecast of  7 per cent growth and the latest forecast showed that the inflation rate ...