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 ...

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 ...

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. ...

With temperatures reaching more than 40 degrees Celsius, the Ministry of Education, Youth and Sport announced on Thursday that it was amending school study hours to lessen the risk of illness for teachers and students, particularly those at kindergarten. ...

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 ...

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 ...

Global financial institutions have provided a more positive outlook for Cambodia’s economic outlook because the country has been far less affected by COVID-19 than others. Cambodia’s Ministry of Economy and Finance (MEF) claimed that the prediction is based at least in part on the government’s ...

Workers from the beleaguered Ocean Garment Factory on Monday came to an agreement with management over furlough pay, following more than a month of protests. “All the workers at Ocean Garment Factory have accepted the offer from the factory and the strikes are finished now,” said ...

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 ...

Prime Minister Hun Sen on Friday assigned former Finance Minister Keat Chhon as the head of a newly formed committee tasked with researching the government’s capacity to introduce wage increases for civil servants and factory workers. The statement said that Mr. Hun Sen also spoke ...

Laos plans to establish consulate general in Siem Reap province to boost bilateral cooperation with Cambodia through tourism and trade, a senior official from Ministry of Foreign Affairs said on Wednesday. “Tourism from Laos is increasing annually, so Lao PDR will establish a general consulate based ...

The Ministry of Interior has asked the government to grant what would have been the new location of the Ministry of Environment in Meanchey district’s Niroth commune to the newly created General Departments of Identification and Immigration instead, according to an official spokesman. ...