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Tag: Cambodia

Posted on October 19, 2023

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.
Posted on October 19, 2023

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 …
Posted on October 18, 2023

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 …
Posted on October 18, 2023

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.

( read original story …)



Posted on October 18, 2023

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 …

( read original story …)



Posted on October 17, 2023

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 …
Posted on October 17, 2023

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 …
Posted on October 16, 2023

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 …
Posted on October 16, 2023

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 …
Posted on October 16, 2023

Feature: High hopes for Cambodia’s touristic, economic growth as Chinese-invested airport starts operation

SIEM REAP, Cambodia, Oct. 16 (Xinhua) — Ra Sambo, a manager at souvenir shop Graines De Cambodge here in northwest Cambodia’s tourist hub, is optimistic that the Chinese-invested Siem Reap Angkor …

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