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 ...
Cambodia’s Small Businesses Serve as Backbone of Sustainable Economy
Cambodian Prime Minister Hun Sen announced in late March that the nation was on target to move from the status of a low-income to a lower-middle-income nation by the end of 2013, ranking it the 15th country that obtained high economic growth in the world in the ...
ADB announces 3-year pipeline to boost develpment in Cambodia
The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.S. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ...