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Cambodia: Loans in Kingdom soaring

Credit Bureau Cambodia (CBC) has reported that the total outstanding loans in the first quarter of the year reached about $28.4 billion, up to 26 percent compared with the same period last year. The figures were released by CBC’s Chief Executive Officer Oeur Sothearoath. “This includes a 30 percent increase in new disbursements. There was […]

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Cambodia: Regular air travel not lifting off

The Kingdom’s airline operator said that local travelling by air will take at least one year to recover after the pandemic ends, according to the chairman of Cambodia Angkor Air. Tek Reth Samrach, chairman of Cambodia Angkor Air, told Khmer Times that it was affected by the COVID-19 pandemic. Angkor Air provided just one flight within two […]

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Cambodia: New port ‘will boost’ tourism

The construction of the new tourism port in Kampot province is more than 30 percent complete and is expected to be finished by the middle of the year, according to the Kampot provincial tourism department. The project is supported by the Asian Development Bank (ADB). ADB approved an $8 million loan for the port project […]

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