Microfinance institutions (MFIs) have taken some actions to restructure their loans for affected customers because of the COVID-19 pandemic, according to the Cambodia Microfinance Association (CMA). The CMA said that the association, including its members, are dealing compassionately with affected customers. They added that all members are maintaining ethical practices and helping all the Cambodian […]
Read MoreSihanoukville International Airport will be able to handle long-haul aircrafts’ landing and take-off from June this year after the 3,300-metre-long runway extension project is completed. The completion of runway from 2,800 metres to 3,300 metres at the airport will allow Cambodia to handle the landing and take-off of long-haul aircrafts from further distance including Europe, […]
Read MoreThe number of business registrations for the first three months of the year have plunged dramatically compared with the same period last year. From January to March 2020, Cambodian-registered businesses to around 2,868 companies and enterprises, dropped about 27.7 percent compared with 3,968 companies and enterprises in the same period in 2019, according to the […]
Read MoreThe National Flag Carrier, Cambodia Angkor Air (K6) has said that it has well prepared its resources to immediately resume operations when the pandemic is under control. The global aviation industry is hard hit by COVID-19 pandemic and airlines around the world are facing the most toughest time in its history. As such, Cambodian Aviation or […]
Read MoreCambodia’s ranking in the Index of Economic Freedom dropped by eight places from last year, a negative sign for a country seeking to expand its economy and become a major player in Southeast Asia. This year, Cambodia registered 57.3 points in the Index of Economic Freedom, putting it in 113th spot among 180 countries. Last […]
Read MoreThe retail price of gasoline has dropped by 36 percent, spurred by the ongoing COVID-19 pandemic, which has created volatile global oil prices According to a data graphic from the Ministry of Commerce released on Thursday, regular petrol went from 3,550 riel ($0.88) to 2,250 riel ($0.56) per litre, representing a 36.6 percent decrease. The […]
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