PHNOM PENH: Cambodia and Singapore have reached a deal on setting up the Financial Transparency Corridor (FTC) initiative, facilitating trade and cross-border related financial services […]
Tag: Bank
The Signing Ceremony of Memorandum of Understanding between IDI, IDC and Prince Bank
PHNOM PENH: On July 10, 2023, the Innovation & Development Investors Association “IDI” and ID Capital Plc. “IDC” represented by Dr. Hor Sereyvath, IDI and […]
Cambodia sees sharp rise in digital payment, says NBC
PHNOM PEN: Cambodia has seen a significant rise in mobile payments as banks and financial institutions have introduced innovative digital payment services to support the […]
NBC: Cambodia forecasts growth At 5.5 percent in 2023
PHNOM PENH: The National Bank of Cambodia (NBC) has forecast the country’s economic growth at 5.5 percent in 2023, with an expected yearly inflation rate […]
NBC introduces convenient interbank transactions with CSS debit card
PHNOM PENH: Yesterday The National Bank of Cambodia (NBC) organized the official launch of the Cambodian Shared Switch (CSS) presided over by H.E. Dr. Chea […]
NBC’s cross-border payment expanding to boost trade and investment
PHNOM PENH: The National Bank of Cambodia (NBC) is planning to expand its cross-border payment system to five more countries: Vietnam, Laos, Myanmar, China, and […]
New underground parking garage and shopping mall to solve city’s public parking problem
PHNOM PENH: Phnom Penh Governor Khuong Sreng presided over the groundbreaking ceremony for the construction of an underground parking garage, shopping mall, and resort in […]
Oknha Lim Heng: Real estate challenges do not define the national economy
PHNOM PENH: Despite the numerous challenges in the global landscape, including those faced by the real estate sector, it is crucial to acknowledge that the […]
Cambodian PM predicts 5.6 percent economic growth in 2023
PHNOM PENH: During a get-together with nearly 20,000 garment factory workers, Cambodian Prime Minister Samdech Techo Hun Sen announced that the country’s economy is predicted […]
Cambodia, Thailand launch cross-border QR payment phase II
PHNOM PENH: Cambodia and Thailand launched the second phase of cross-border QR payment, which will boost the national currency settlement and cross-border cashless payment. H.E. […]
IDI and IDC held talks with Prince Bank on financial services
PHNOM PENH: On Monday, June 05, 2023, the Innovation and Development Investors Association (IDI) and ID Capital Plc. (IDC) represented by Mr. Chap Sopheak, Secretary […]