Microfinance was hailed as a way to change the lives of hundreds of millions of people without access to credit. It worked so well that Grameen Bank founder Muhammad Yunus was awarded a Nobel Prize.
Microfinance was meant to help the world’s poor, but in Cambodia, it’s plunging people deeper into debt
Microfinance was hailed as a way to change the lives of hundreds of millions of people without access to credit. It worked so well that Grameen Bank founder Muhammad Yunus was awarded a Nobel Prize.
After 10 Years of China’s BRI Projects in Cambodia, Benefits Up for Debate
Many low-income Asian countries such as Cambodia have seen an outsized windfall from China’s BRI, but the projects also account for a healthy chunk of Phnom Penh’s foreign debt …
Man rapes woman in Kandal Province, Cambodia after victim went to his room to borrow $10
In the heart of Kandal Province, Cambodia, a crime has unfolded, exposing a disturbing underbelly of a society grappling with issues of sexual violence. On October 16, 2023, a 19-year-old janitor was …
Real estate challenges likely in ‘24
While the global economic situation in 2023, including Cambodia, is showing signs of improvement compared to the pandemic years of 2020-2022, the real estate sector continues to face challenges.
IMF lowers growth forecast for Cambodia due to weak external demand
The International Monetary Fund IMF on Wednesday lowered its 2023 economic growth forecast for Cambodia to 56 percent from its April prediction of …
Webcash Global Launches Payment Billing and Acceptance Solution ‘WeBill365’ in Cambodia
Webcash Global (CEO Lee Sil-kwon) announced the launch of WeBill365, a payment billing and acceptance service, in Cambodia. WeBill365 is a solution to …
Webcash Global Launches Payment Billing and Acceptance Solution ‘WeBill365’ in Cambodia
Webcash Global (CEO Lee Sil-kwon) announced the launch of WeBill365, a payment billing and acceptance service, in Cambodia. WeBill365 is a solution to …
Cambodia opens a new airport to serve Angkor Wat as it seeks to boost tourist arrivals
Commercial operations have begun at Cambodia’s newest and biggest airport, designed to serve as an upgraded gateway to the country’s major tourist attraction, the centuries-old Angkor Wat temple …
Cambodia opens a new airport to serve Angkor Wat as it seeks to boost tourist arrivals
Commercial operations have begun at Cambodia’s newest and biggest airport, designed to serve as an upgraded gateway to the country’s major tourist attraction, the centuries-old Angkor Wat temple …