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Tag: Cambodia

Posted on March 21, 2025

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 …
Posted on March 21, 2025

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 …
Posted on March 21, 2025

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 …
Posted on March 21, 2025

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 …
Posted on March 21, 2025

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 …
Posted on March 21, 2025

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 …
Posted on March 16, 2025

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 …
Posted on March 15, 2025

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.
Posted on March 15, 2025

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 …
Posted on March 15, 2025

Avoiding Trump’s tariffs, some Chinese companies relocate to Cambodia’s “Special Economic Zone”

As Trump’s trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden.

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