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Cambodia: Over $6 billion borrowed through MFIs

The Cambodia Microfinance Association (CMA) yesterday said more than 2 million Cambodian families are currently using the services of a microlender, borrowing a combined $6 billion. Speaking at a workshop held at Phnom Penh Hotel yesterday, Kea Boran, chairman of CMA, said that 2.1 million Cambodian families are benefitting from the services of an MFI. […]

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Cambodia: GDCE’s revenue up 35 percent

Revenue at the General Department of Customs and Excise (GDCE) saw a significant increase during the first nine months of the year, growing by 35 percent over the corresponding period last year, GDCE’s director said last week. From January to September, the department collected almost $2.4 billion in revenue, the equivalent of 106 percent of […]

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Cambodia included in top 20 destinations for 2020

It has been a good year for Cambodia and its tourism industry. Less than a month after the Kingdom saw its tourism competitiveness go up, another major accolade has come its way. Cambodia’s ranking in the Travel and Tourism Competitiveness Index (TTCI) went up three notches to 98th after placing 101st globally last year. Last […]

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Indonesian tech platform eyes Cambodia

Indonesian Kudo, an app that connects merchants, combines payments and organises deliveries of retail products, is eyeing expansion into Southeast Asia, including Cambodia, Vietnam, and the Philippines. Kudo, part of the Grab group since 2017, already helps millions of offline Indonesians across the archipelago. Kudo is not a Grab consumer app, or ecommerce app, but […]

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ADB book on Asean launched in Cambodia

Cambodia became the latest country in Southeast Asia to host the launching of a new book about the Association of Southeast Asian Nations (Asean). The launching of ‘An Evolving Asean: Vision and Reality’ was held yesterday at the Cambodia office of the Asian Development Bank (ADB). The book, which compiles the writings of seven leading […]

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