Press Releases

IFC Pledges More Support for Cambodia’s Microfinance Institutions
Phnom Penh, Cambodia, October 21, 2008 – International Finance Corporation, a member of the World Bank Group, has pledged more support for microfinance in Cambodia to help local institutions expand their reach in remote areas. Given the global ...more

Leading Garment Brand Representatives Remain Positive About Sourcing From Cambodia
Phnom Penh, Cambodia, October 13, 2008 – Twenty-eight representatives from leading garment brands came to Cambodia last week for a two-day meeting of the International Buyers' Forum organized by the International Labour Organization (ILO) and the ...more

IFC and ILO to Improve Labor Standards and Competitiveness in Vietnam’s Apparel Industry
Hanoi, Vietnam, October 7, 2008 – IFC, a member of the World Bank Group, and the International Labour Organization today launched the Better Work Vietnam program to improve working conditions for more than 700,000 workers in the Vietnamese apparel ...more

Cambodia Advances 15 Places in Doing Business 2009 Rankings
Phnom Penh, Cambodia, September 10, 2008 – Cambodia has moved up 15 places in Doing Business 2009, a report published today by IFC and the World Bank, that compares the ease of doing business around the world. Cambodia’s significantly higher ...more

IFC helps improve the Financial Sector Infrastructure in Lao PDR
Vientiane, 29 July, 2008 – The Ministry of Justice and IFC, a member of the World Bank Group, have signed a Memorandum of Understanding and have agreed today that IFC will help the Government of Lao PDR develop an appropriate regulatory framework ...more