News
MAFF and Chip Mong Bank sign $10M loan deal to boost modern agricultural communities
Chip Mong Bank and the Ministry of Agriculture have joined forces to launch a $10 million initiative to provide low-interest loans, helping farmers recover from falling rice prices, cut costs and boost competitiveness. ...
Thang Sinorn
https://kiripost.com/stories/maff-and-chip-mong-bank-sign-10m-loan-deal-to-boost-modern-agricultural-communities
Agriculture needs more loans, irrigation systems, experts say
Accessing low-interest loans for rice cultivation is a challenge because the industry in Cambodia is dependant upon rainfall and not irrigation and is thus more risky, experts said last week. In a meeting on the private sector development in the rice sector, Lim Heng, vice president ...
US Ambassador Seeks to Clarify Need for Debt Repayment
The U.S. ambassador to Cambodia has sought to clear up supposed misinformation about Cambodia’s debt to the U.S., which was racked up during the early 1970s by the U.S.-backed military government of Lon Nol and has become a contentious issue between the country. Cambodia has refused ...
