News
Climate Change Affects on Livelihoods for Rural People
The Ministry of Environment, the Ministry of Economy and Finance and United Nations Development Program (UNDP) collaborated to launch the 2011 Cambodia Human Development Report (CHDR) on August 30th which identifies climate change as a threat to human development gains and a source of increasing ...
Cambodia Accountancy Toward Global Standard
The National Accounting Council, the Kampuchea Institution of Certified Public Accountants and Auditors and Association of Chartered Certified Accountants (ACCA), co-organized to launch a National Conference on “Accountancy in Cambodia-Towards Global Standards” on August 12th in Phnom Penh to reflect what is being implemented in ...
Social Enterprises in Cabodia
Cambodia’s economic growth has been on the rise following the global downturn on 2008-2009 and experts say that the private sector is largely responsible for that growth. However, those same experts also acknowledge that the profits generated by companies operating in Cambodia aren’t trickling down ...
Danish Firm Opens Warehouse in Capital
DANISH logistic giant Damco has opened a 6,000-square-metre warehouse facility in Phnom Penh in response to the Kingdom’s growing importance as an emerging market, the company said in a statement. Damco Company (Cambodia), which is part of international conglomerate AP Moller-Maersk Group, said manufacturers have increasingly ...
Microcredit Repayments
While rising inflation poses some financial challenges for rural farmers, it generally isn’t preventing them from paying off loans from microfinance institutions (MFIs). Farmers tend to be able to pay their loans off even though higher prices of food, fuel, fertilizer, pesticides, labor, and some ...