With the interest rate cap of 18 percent in full force for all new and restructured microfinance loans after the National Bank of Cambodia (NBC) issued a populist measure to curb high interest rates, microfinance institutions (MFIs) are starting to give predictions for lower profits this year as the new lending reality takes hold. The […]
Read MoreAs Cambodia moves forward with its Industrial Development Policy (IDP), the government is seeking support from international organisations for smooth implementation. The Post’s Kali Kotoski sat down with Li Yong, director-general of the United Nations Industrial Development Organization (UNIDO), to discuss his findings and how the organisation can help promote government policy. What did you […]
Read MoreMyanmar’s Mingalabar Holding has formed a joint venture with Wing Specialized Bank to provide mobile financial services to the more than 80 percent of people in Myanmar who do not use banks. Kyaw Htoo Linn, founder of Mingalabar, recently spoke to Khmer Times’ May Kunmakara and explained his company’s decision to team up with Wing. […]
Read MoreA senior economist from the Asia Development Bank has warned the EU’s ban of Tricyclazole could damage Cambodia’s agriculture sector, as farmers rush to eradicate the use of the fungicide by June. The strict new limits on pesticides will mean rice exported to the EU must not contain more than 0.01 milligram of the chemical […]
Read MoreCambodia’s economic growth remained strong last year though the Kingdom must now address major systemic challenges to build on its ascension into lower-middle income status in order to maintain healthy levels of development, the Asian Development Bank (ADB) said in its annual report yesterday. The ADB flagship report, titled Asian Development Outlook 2017: Transcending the […]
Read MoreMALAYSIA-listed Ariantec Sdn Bhd’s (Ariantec) international affiliate payment solution provider PayAllz International has reached an agreement with locally owned Hello Digital to provide electronic payment products and services into Cambodia. According to the company’s filing to Bursa Malaysia Stock Exchange on Tuesday, Ariantec, a wholly owned subsidiary of Netx Holdings Berhad, will be offering fintech […]
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