Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department. Economics Institute of Cambodia Senior Researcher Neou Sieha said yesterday that meat prices had seen significant increase ...

The Kingdom’s first centralised credit bureau was on track to launch in February, officials said yesterday, although it had originally been slated to start by the end of this year. Credit Bureau Cambodia will collect and provide consumer and institutions’ financial information, which they can use ...

The economy will grow at a rate of 6.9 percent in 2018, according to the latest report from the World Bank. Other international financial institutions have issued similar forecasts this month, with the Asian Development Bank (ADB) and the International Monetary Fund (IMF) putting national ...

Bank of Ayudhya Pcl (Krungsri), Thailand’s fifth largest financial group and a subsidiary of Japan’s leading financial group Mitsubishi UFJ Financial Group, has acquired a 100-per-cent stake of Hattha Kaksekar Limited (HKL), one of the leading microfinance institutions in Cambodia, for an undisclosed amount. ...

Sathapana Bank Plc has received a hefty $50 million bilateral loan from the Bangkok branch of Mizuho Bank, a subsidiary of one of Japan’s largest financial institutions, in a move that banking insiders say will help the newly consolidated bank expand its lending portfolio as ...

The Anti-Corruption Unit (ACU) of Cambodia said that it has asked all officials working in state institutions and the ministries to declare all of their assets and debts starting January 1, 2014. The ACU’s asset and debt declaration department will start accepting asset and debt ...

More than 100 officials from some 20 economies in Asia and the Pacific are meeting with donor institution representatives in Cambodia’s Siem Reap province in a bid to strengthen public financial management systems for climate change adaptation projects, said a news statement on Monday. ...

When Defense Minister Tea Banh addressed graduates last month at Cambodia’s prestigious Army Institute, he directed his thanks to the guests who made it all possible: a group of crisply dressed officers from China’s People’s Liberation Army (PLA). ...

The Young Entrepreneurs Association of Cambodia has signed an MoU with four major institutions to further develop the nation’s small and medium enterprises ...

Public transport has been proposed by several key ministries and institutions as the optimal solution to reduce environmental pollution, alleviate traffic congestion, and decrease costs. They suggest it will make bus and other public transport services more efficient and practical. ...

Hattha Kaksekar Limited, one of Cambodia’s largest microfinance institutions, has received a US$5 million loan from a French development organisation in order to meet rising demand among its client farmers. PROPARCO, which is a joint venture between the French Development Agency and public and private shareholders, ...

Vietnam-based Dragon Capital is raising up to US$100 million for a new Indochina fund, some of which the private equity firm would invest in Cambodian agriculture and infra-structure, Dragon’s chief information officer Bill Stoops said yesterday. Dragon Capital has a 20 per cent stake ...

Thirteen people representing 20 Borey Keila families gathered in front of the headquarters of the Anti-Corruption Unit (ACU) and Phnom Penh City Hall yesterday, demanding the two institutions accelerate the settlement. Each of the affected families is demanding accommodation in Andong village on the outskirts ...

On 03 October 2018, Prey Lang Community Network (PLCN) issued a press release to inform national and international journalists, relevant authorities, institutions, partner organizations and the public about the decision to postpone the press conference on the status of Prey Lang Wildlife Sanctuary, which is ...

Prime Minister Hun Sen on Saturday ordered all ministries and relevant institutions to prevent illegal sand dredging, fishing and the cutting down of mangrove trees. Presiding over the 5th River Festival held in Kampong Chhnang province, Mr Hun Sen said that he ordered all relevant ...

Prince Microfinance Plc held its official opening yesterday, becoming the 49th registered microlender to operate in Cambodia’s rapidly expanding microfinance market.Hon Sorachana, CEO of Prince Microfinance Plc, said the new financial institution will focus on providing a range of credit options to Cambodians and foreigners, ...

In response to Prime Minister Hun Sen’s critiques on healthcare in Cambodia during a speech evaluating government effectiveness last month, Health Minister Dr. Mam Bunheng sent a reminder to health officials throughout the country to deliver high quality healthcare and to strengthen the quality of ...

Acleda Bank, a leading locally-owned commercial bank, has received a $30 million loan from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, through Goldman Sachs’ 10,000 Women and the International Finance Corporation’s (IFC) Banking on Women program for supporting women-owned small ...

On 06 July 2017, the General Department of Taxation has issued a notice to all financial institutions operating in the Kingdom of Cambodia to be aware that the implementation of a May 25 prakas that more clearly defines the government’s laws for nontaxable supplies concerning ...

A month after Prime Minister Hun Sen issued a directive ordering government bodies to put a halt on new hires—except to fill vacated positions—the Ministry of Public Function has authorized state institutions to hire 5,001 civil servants to replace those who had recently retired, quit ...