MANILA, PHILIPPINES (28 November 2024) — The Asian Development Bank (ADB) Board of Governors has unanimously elected Masato Kanda as ADB’s 11th President. Mr. Kanda, 59, currently serves as Special… Read More »Masato Kanda Elected as ADB President
PHNOM PENH: ABA Bank, the largest commercial bank in Cambodia, and Grab, a leading superapp in Southeast Asia, today announced a strategic partnership to integrate their digital payment facilities via… Read More »ABA and Grab Forge Strategic Partnership to Enhance Payment Solutions
PHNOM PENH: Over the past few decades, Cambodia has experienced transformative growth, moving from a country known for its rich cultural heritage to an emerging economic hub in Southeast Asia.… Read More »Emerging Giant: How Cambodia is Following in Singapore’s Footsteps
ABA Bank, Cambodia’s largest commercial bank, has received regulatory approval for an additional capital injection of US$ 220 million from its shareholder, National Bank of Canada. This new infusion brings… Read More »ABA Bank secures $220 million in capital injection, commits to country’s economy
PHNOM PENH: Wing Bank (Cambodia) Plc, a leading digital bank and member of the Royal Group of Companies, has introduced the Wing Bank Visa Infinite Credit Card in partnership with… Read More »Wing Bank and Visa Introduce Premium Credit Card to Cambodia
PHNOM PENH: The Royal Government of Cambodia successfully raised over $60 million through the issuance of public securities in the first half of 2024, according to the National Bank of… Read More »Cambodia Government Raises Over $60 Million Through Securities Sales
PHNOM PENH: A high-level meeting convened on July 26, 2024, at Sofitel Hotel to deliberate on the establishment of an International Financial Center (IFC) in Preah Sihanouk Province. Key stakeholders,… Read More »High-Level Meeting Discusses International Financial Center’s Development in Preah Sihanouk
PHNOM PENH: July 23, 2024 – Banjaran Asset Management (Cambodia) Plc., the first SERC-approved entity to launch a Collective Investment Scheme fund in Cambodia, is hosting a Fund Distributors Launch… Read More »Cambodia Opens Up Investment Landscape with First CIS Fund Distributor and Launch of BAEF
PHNOM PENH: On the afternoon of Monday, 22 July 2024, at the Ministry of Commerce, His Excellency BUON Sarakmony, Secretary of State of Commerce, chaired a meeting with representatives from… Read More »Ministry of Commerce, IFC, and CBC Meet on Secured Transaction Filing Office
Dr. Chea Serey, Governor of the National Bank of Cambodia (NBC), announced impressive growth in the Bakong payment system during the first half of 2023. The system processed a staggering… Read More »Bakong Processes over $38.8 Billion and 64.9 Trillion Riel in Transactions (H1 2023)
PHNOM PENH: Cambodia’s manufacturing sector is experiencing significant growth, driven by increased foreign investment and a rise in exports. As of June 2024, the country boasts over 44,417 factories, employing… Read More »Over 1 Million Employed as Cambodia’s Manufacturing Surges, Garment Exports Up 18.4%
