ASIA: South Korean banks’ household lending rebounded in four months on expectations for a policy rate freeze in the foreseeable future, central bank data showed Thursday. According to Xinhua, the… Read More »South Korean banks’ lending to households bounced back in April
PHNOM PENH: In 2022, SME Bank aided the rehabilitation and expansion of business for about 230 small and medium enterprises in Cambodia by providing loans exceeding 53 million US dollars.… Read More »SME Bank provided loans of about $53 million last year
PHNOM PENH: The World Bank projects international rice prices to climb 17 percent from a year earlier to $510 a tonne in 2023, before settling lower at $490 a tonne… Read More »World Bank expects international rice prices to climb 17 percent this year
PHNOM PENH: Container shipping in Cambodia and Vietnam had the lowest port turnaround times in ASEAN in June last year with both countries scoring averages of 0.9 days, the World… Read More »World Bank finds Cambodia, Vietnam have lowest port turnaround times in ASEAN
PHNOM PENH: Cambodian Prime Minister Samdech Techo Hun Sen expressed his hope that SMEs will further absorb at least 1 million workforces as the Royal Government is preparing to provide… Read More »SMEs to generate at least 1 million more jobs
PHNOM PENH: Manufacturing as a share of output has peaked in most developing East Asia and Pacific economies except for Cambodia and Vietnam, the World Bank says. In its April… Read More »World Bank: Cambodia, an exception to the falling trend in manufacturing
PHNOM PENH: Cambodian prime minister, this morning appealed to the public not to get into panic after some large banks in the U.S. have recently collapsed. “Panic may deprive us… Read More »PM calls on cambodian not to panic over U.S. bank failures
PHNOM PENH: On 31st January 2023, Bridge Bank, known as a local commercial bank in Cambodia, and House Guru Home & Living Mall, the one-stop biggest shop for all home… Read More »Bridge Bank Joins Partnership with House Guru to let Customer enjoy extensive payment service
PHNOM PENH: The state-owned Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank) has disbursed more than US$200 million in loans to at least 2,500 SMEs to help them… Read More »SME bank loans served over 2,000 businesses
Emerging market cryptocurrencies are up more than one-fifth from their October lows as weakening global inflation and hopes that the U.S. central bank will soon slow interest rate hikes will encourage investors to switch to the asset class.
