During his meeting with Prime Minister Hun Manet, President Kanda emphasized ADB’s alignment with Cambodia’s development priorities under its national strategy.
The glut of tiny loans in Cambodia: Lifesaver or Trap?
These market forces led to a rising tide of debt. The average loan balance of LOLC Cambodia customers, for example, surged from around $250 in 2009 to roughly $2,500 in 2018. This growing debt has …
The glut of tiny loans in Cambodia: Lifesaver or Trap?
These market forces led to a rising tide of debt. The average loan balance of LOLC Cambodia customers, for example, surged from around $250 in 2009 to roughly $2,500 in 2018. This growing debt has …
Ministry of Finance and World Bank discuss new ODA-funded projects
Minister of Finance Nguyen Van Thang met with Mariam Sherman, World Bank division director for Vietnam, Cambodia and Laos in Hanoi on March 21 to discuss upcoming projects using official development …
Top creditor China approved no loans to Cambodia in 2024, data shows
China signed no new loans to Cambodia last year, latest data from Cambodia’s finance ministry shows, in a dramatic reversal by the country’s top creditor that if continued could affect infrastructure …
Cambodia Powers the Next Fintech Evolution: Fintech Revolution Summit 2025
The fintech world is buzzing with anticipation! On May 9th, 2025, Cambodia will shine as Southeast Asia’s fintech leader, hosting the highly anticipated Fintech Revolution Summit 2025 at Sokha Phnom …
China’s Loan Standoff: Impact on Cambodia’s Infrastructure Future
China, Cambodia’s leading creditor, signed no new loans to the nation last year, affecting ongoing infrastructure projects. With China accounting for over a third of Cambodia’s debt, future projects …
Is Cambodia serious about ending organized cyber scams?
But doubts abound about Phnom Penh’s commitment to take action against cyber fraud networks. The banking arm of a Cambodia-based conglomerate accused of running the world’s “largest ever illicit …
EIB Global, EU, and Cambodia Partner to Modernise Agriculture, Boost Rural Economy and Trade
The financial package includes a €15 million EU grant, supplementing an existing €60 million loan from EIB Global, and €4.5 million from the EU for technical assistance administered by EIB.
Panther Denim Expands Operations into Cambodia, Growing Global Footprint
Fast-forward to today, and Panther Denim now produces over 60 million yards of denim fabric, 36 million yards of piece-dyed fabric and 12 million yards of printed fabric per year …