Cambodia needs to ease credit and provide help to indebted households: World Bank.
Russia plans to work on converting some of Cambodia’s debt into development aid.
Police arrest a Vietnamese loan shark who allegedly killed a woman over a debt.
A woman who allegedly killed a friend and chopped the body into pieces, is arrested.
Following erroneous reports in local media, the Ministry of Economy and Finance yesterday clarified that public debt stood at $7.02 billion as of the end of 2018 and that the country has already repaid 19 percent.
From 1993 to 2018, the government repaid $1.3 billion of its debt to development partners, roughly 8 percent of the country’s external debt, according to an official report on the country’s public debt.
China has met its target for reducing debt levels, the banking regulator says.
Police in Kirivong arrest a man who allegedly hacked a woman, severing one ear and causing serious injuries, over a $9 debt.
Sizable private sector debt, concentrated economic activities, relaxed underwriting standards and a very weak payment culture could result in the credit risk in the economy to remain extremely high, S&P Global Ratings said in a report yesterday.
India will give financial assistance of $1.4 billion to the Maldives.
Student loan debt in the United States hit a record high of nearly US$1.5 trillion.
The new president of the Maldives addresses the Chinese debt left by previous gov’t.
IBM says it had agreed to acquire US software company Red Hat Inc for $34 billion.
Italy’s new, populist government wants to increase borrowing over the next three years.
Greece has successfully exited its final bailout programme, aimed to help it cope with the continued fallout from a debt crisis.
European institutions hailed Greece’s exit from its final bailout on Monday.
China’s state planner pledges to keep debt levels under control.
Over two in five Brazilian adults had some type of debt during the first half of this year.
Telecommunication companies are told to settle their debt with the gvmt by the end of this month or face legal action.
In the last 24 years, Cambodia has made debt service payments of about $1.14 billion to development partners.
A 35-year-old businesswoman stands trial for issuing bad cheques.
Cambodia applauds debt settlement approach with the Czech Republic.
Two Chinese nationals are tried over their involvement in kidnapping three fellow nationals to extort money from their families.
The Finance Ministry’s general department of taxation summons the owners of three companies to settle tax debts.
Eng Mech is on the verge of tears as she recalls the misfortunes that have befallen her son and landed her with a huge debt from his company.
A Social Affairs official is charged with beating a 28-year-old woman and threatening to kill her in anger at her demands that he repay $25,000.
The euro’s gains prompt world’s biggest money managers to view European debt favourably.
Rising corporate profits are providing Chinese policymakers with room to do more to tackle the country’s growing debt problems.
Police in Poipet town are hunting a suspect who allegedly detained a Chinese man in a room over an unpaid gambling debt.
Cambodia gets a B2 rating by Moody’s Investors Service for small fiscal deficits, low government debt and capability to service debt.