Banks, MFIs step in with debt relief for fallen soldiers' families

Economy and Industry

Banks, MFIs step in with debt relief for fallen soldiers' families A total of 79 banks and microfinance institutions (MFIs) in Cambodia have pledged support for a government initiative to alleviate the financial burden on families of soldiers impacted by the recent conflict with Thailand. This initiative, spearheaded by Prime Minister Hun Manet and the National Bank of Cambodia (NBC), involves debt forgiveness for soldiers killed, disabled, or injured while defending Cambodia's territorial integrity. Specifically, 33 banks and 46 MFIs have announced measures, including full debt cancellation for fallen or disabled soldiers, with the NBC encouraging debt relief up to 10 million riels for disabled soldiers and up to 80 million riels for families of those killed. (Source: Khmer Times)

Cambodia generates $1.4 billion from rice exports in first eight months Cambodia generated $1,462 million from paddy rice and milled rice exports in the first eight months of the year. Milled rice exports reached 472,803 tonnes, a 14.7% increase from the previous year, earning $348 million, up 14%. Fragrant rice accounted for 87% of these exports. The EU was the largest market, importing 226,910 tonnes worth $176 million, followed by China with 116,320 tonnes for $68 million. Border-traded paddy rice exports contributed $1,114 million from 4.84 million tonnes. The Cambodia Rice Federation (CRF) attributes this growth to high yields, increased market demand, and enhanced brand reputation, with ongoing efforts to reach a one-million-tonne annual export target, supported by government initiatives. (Source: Khmer Times)

EU supports Cambodian fish processing The European Union (EU) is providing financial and technical support through its CAPFISH-Capture Value Chain Investment Support Facility (ISF) to Sunny Fish Enterprise in Siem Reap. This support aims to help the enterprise obtain Hazard Analysis Critical Control Point (HACCP) certification, which is essential for exporting its processed fish products, including frozen, smoked, and fermented varieties, to the EU market. The enterprise, a collaboration between Sunny Fish and Home Taste, already exports to Australia and seeks to expand into Europe and the United States. Successful HACCP certification is anticipated to boost annual sales and exports, potentially increasing product prices by 10%. An audit for the certification is currently being planned. (Source: Khmer Times)

Corporate News

Cambodia to welcome new aviation school by OCIC and WCC-ATC An agreement has been signed between OCIC (represented by Thierry Tea, Vice President and Board Member of CamTech University) and WCC-ATC (represented by President Dr. Raymond Patrick Guico). This collaboration, building on a previous Memorandum of Understanding, aims to expand aviation training in Cambodia. OCIC, a developer of Techo International Airport, is partnering with WCC-ATC, a Philippine aviation education institution with over 50 years of experience. The agreement will introduce Bachelor's degrees in Aircraft Maintenance Technology, Avionics, Airline Operations Management, and Aeronautical Engineering, as well as a Certificate in Flight Attendant Training, providing Cambodian students with qualifications for careers in the aviation sector. This initiative is expected to foster skilled aviation professionals to meet future industry demands and strengthen ties between Cambodia and the Philippines through private sector collaboration. (Source: Kiripost)

Stock Market

CSX index edge up 0.20% amid mixed performance across boards On 10 September 2025, the CSX Index was up 0.20% to close at 403.6 points. On the Main Board, PEPC (+1.18%), PAS (+0.83%), PPAP (+0.74%), CGSM (+0.41%), and GTI (+0.29%) posted gains, while MJQE (-0.50%) and ABC (-0.30%) recorded losses. PWSA and PPSP closed unchanged. On the Growth Board, DBDE declined 0.49%, while JSL rose 5.07%. Total trading volume reached 36,878 shares, with a turnover of KHR 165 million. (Source: YSC Research)

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