A senior agricultural official is concerned by the prevalence of fake fertilizers that cause stunted rice crops and reduce farmers’ profits. Ngin Chhay, director of the Rice Crops Department in the Ministry of Agriculture, Fishery and Forestry, told the Development Research Forum in Phnom Penh yesterday the products were ...

PHNOM PENH – As more and more Cambodians enter the job market, with a growing population of young people, there still remain plenty of job opportunities with foreign investors at home, according to a new study by the Ministry of Labor. But people either don’t ...

The National Bank of Cambodia announced on Monday that it would set an annual interest rate ceiling of 18 percent for all microfinance institutions (MFIs), sparking concerns that lenders would stop offering smaller loans that often keep the most financially vulnerable afloat. ...

The central bank hopes to launch its central shared switch mechanism next month after a trial run that has already connected the account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem, according to ...

A new, government-owned life insurance company aims to provide a safety net for Cambodian families, according to In Meatra, director-general of the Cambodia Life Insurance Company Plc. Located on the 21st floor of Canadia Tower, Cambodia Life opened on May 21 and has 23 employees.  “Cambodia ...

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

On Saturday, Banteay Meanchey border police received a desperate call. More than 80 Cambodian migrants, including women and children, were locked in a house in Thailand. They were being starved and abused. Two boys, begging their captors for food, were kicked to death. So said the ...

Cambodia’s banking sector has reported a 9.3-percent increase in lending in the first six months of the year, according to the figures from the National Bank of Cambodia (NBC) on Sunday. The figures showed that the kingdom’s 35 commercial banks had lent a total of 8.09 ...

The National Bank of Cambodia (NBC) is thinking of raising the reserve required for banking deposits. The aim is to slow inflation and lessen the chance of an economic meltdown. The NBC is considering raising the rate after inflation reached 6.5 percent in May compared ...

According to the statement from the national bank of Cambodia (NBC), the country’s international reserves increased by 2.912 million US dollars so far this year with guaranteeing to import for four months. “For the management of the international reserves, we have implemented the policy with ...

The Royal University of Phnom Penh plans to make its social work degree available to everyone next year, as young, locally trained graduates look to take the reins from foreign aid workers. RUPP Department of Social Work Faculty member Ung Kimkanika said the move would ...

Lending by Cambodia’s commercial banks rose by 6 percent while deposits grew by 10 percent in the first quarter of this year, a National Bank of Cambodia (NBC)’s report said Tuesday. The report said the country’s 34 commercial banks had lent a total of 7.87 billion ...

The Ministry of Education, Youth and Sport has condemned the use of fake high school certificates to sit for entrance exams for medical courses and called on the authorities to take legal action on those involved. ...

With civil society, the opposition and even the ruling party talking more and more about the subject of electoral and judicial reforms in the wake of July’s contested national elections, some groups yesterday gathered to call for reforms in a more modest sector – parking ...

Fishing vessels registered in the Philippines, Indonesia and Cambodia have been filmed “laundering” illegally caught tuna, environment activist group Greenpeace International said Thursday. Two Indonesian vessels and one Philippine ship were transferring their hauls on to the Cambodian boat so that the location of their catches ...

As the new public school year gets under way this week, grade 12 students reeling from en masse failure at the national exam have a choice to make: repeat their grade or forfeit their diploma. In total, just 33,997 test-sitters, or 40.6 per cent of ...

Cambodia has some 3,000 registered non-profit groups. Some work on highly sensitive issues such as violence against women and human trafficking. But there are few Cambodians formally trained for such work. That is now changing with the country’s first university-level degree program for social workers. When ...

Cambodia sent the second batch of 216 troops to join a United Nations peacekeeping operation in the Central African Republic (CAR) on Monday, officials said. ...

SIEM Reap in Cambodia, Fort Lauderdale in Florida and the Greek island of Mykonos will be the world’s top holiday hotspots of 2015, according to a report. Siem Reap in the north-west of Cambodia tops the list with a 33 per cent increase in searches ...

Prime Minister Hun Sen approved a request from Defense Minister Tea Banh last week to promote 29 lieutenant generals to the rank of four-star general, according to a statement from the Ministry of Defense. The promotions, which follow repeated calls from General Banh last month for ...