Jun 11

Commercial banks’ ATM network expanded

The global financial crisis did not affect strongly the local commercial banks in Cambodia because most of banks don’t depend on foreign source of finance, and loans from other foreign banks and also don’t buy stocks in the international market. … Continue reading

Jun 11

Choun Nath’s Electronic Khmer Dictionary updated

The Buddhist Institute launched the second edition of an electronic Khmer dictionary which is available for all Cambodian students and others to download on the internet with free of charge. Khmer dictionary is based on the work of revered Cambodian … Continue reading

Jun 10

SMEs need to gain access to finance

Due to the effect of the global economic slowdown, the large-scale investments in Cambodia are slowing down. It is hopeful that small and medium enterprises (SMEs) play an important role in improving economic development and creating sustainable employment and income, … Continue reading

Jun 01

Financial lease law draft approved

On Wednesday, May 27, 2009, the National Assembly passed unanimously the draft law on financial lease that is allow banks to issue leases for equipment, machinery and vehicles to business and enterprises in the wake of the global financial crisis. … Continue reading