A conversation with economist Ron Bevacqua about the crisis facing Cambodia’s microfinance sector. Cambodia’s Microfinance Institutions (MFIs) have been hit hard by the COVID-19 pandemic, amid claims …
Finance leaders boost ‘condition free’ access to $240 billion cash
Finance leaders of 13 Asian nations, including Cambodia, have approved to increase the “delinked portion” of the $240 billion Chiang Mai Initiative Multilateralisation (CMIM) cash swap fund from 30 …
Land to lose: Coronavirus compounds debt crisis in Cambodia
As dark clouds approached her village in northwestern Cambodia one afternoon in July, Set Sreylon prepared for the monsoon that …
Cambodia Angkor Air launches new route to Zhengzhou
The national flag carrier, Cambodia Angkor Air says it will launch a new route from Phnom Penh capital to Zhengzhou today, the southern bank of the yellow river and the birthplace of the Yellow …
First ‘mobile kitchen’ in Cambodia enters service
A catering company recently rolled out Cambodia’s first “mobile kitchen” – a $50,000 container capable of serving up to 200 people at a time. The kitchen is the brainchild of Seng Hok Heng Catering …
Chinese Developer in Cambodia Sanctioned ‘Unfairly’ by US, Cambodia’s Defense Minister Says
A Chinese company sanctioned this week by the U.S. Treasury Department for land grabs, rights abuses, and corruption in Cambodia has been targeted unfairly and is operating in line with the country’s …
Tropical storm Noul disrupts business on Cambodian islands
Pchum Ben holidays have been running over the last few days in Cambodia but a storm has disrupted businesses and holidaymakers alike.
US Sanctions Chinese Company Developing Resort in Cambodia
The U.S. Treasury Department has imposed economic sanctions on a Chinese company that operates in Cambodia, citing its land seizure and displacement of families to make way for a $3.8 billion luxury …
Lightning kills 7 in Cambodia, storm hits land in Vietnam
A tropical storm has made landfall in central Vietnam, killing one person, while seven people died in a lightning strike in neighboring Cambodia …
UN Cambodia framework for the immediate socio-economic response to COVID-19
While Cambodia entered the pandemic with a strong financial position due to prudent macroeconomic management, it now confronts an expected loss of $4.7 billion in development financing in 2020 due …