PHNOM PENH: the Regional Comprehensive Economic Partnership (RCEP) agreement, which took effect in 2022, has helped diversify Cambodia’s economy and exports, a World Bank’s senior […]
Tag: Bank
AFD to continue cooperation in microfinance development with Cambodia
PHNOM PENH: The French Development Agency (AFD) is committed to continuing its cooperation in the development of the microfinance sector in Cambodia. The commitment was […]
World Bank projects Cambodia’s 2023 growth at 5.5 percent
PHNOM PENH The World Bank on Monday projected its growth forecast for Cambodia to 5.5 percent in 2023, thanks mainly to the revival of the […]
ADB to provide $140 million in loans to Cambodia
PHNOM PENH: The Asian Development Bank (ADB) on Tuesday signed an agreement to provide 140 million U.S. dollars in loans to Cambodia to boost the […]
Outstanding loans rose 10.5 pct to $57.8 billion in first half
PHNOM PENH: Cambodia’s outstanding loans rose by 10.5 percent year-on-year to US$57.8 billion by June 2023, according to a report by the National Bank of […]
Cambodia’s FDI increased 41.6 pct, despite tightening global financial situation
PHNOM PENH: Cambodia’s economy is expected to grow 5.3 percent in 2023, with foreign direct investment (FDI) increasing at a rate of 41.6 percent in […]
ADB lowers growth forecast for Cambodia to 5.3 pct
PHNOM PENH: The Asian Development Bank (ADB) lowered its 2023 economic growth forecast for Cambodia to 5.3 percent from an earlier prediction of 5.5 percent, […]
Cambodia set to launch Toyota assembly plant next year
PHNOM PENH: According to AKP, the Toyota assembly plant at Phnom Penh Special Economic Zone will be inaugurated in 2024. The information was shared by […]
Wing Bank to sponsor a women entrepreneurship forum
PHNOM PENH: Yesterday, Wing Bank announced on its social media their support the women by sponsoring the “Women’s Entrepreneurship Forum and Local Trade Fair”. The […]
The factors driving foreign direct investment in Cambodia
PHNOM PENH: Cambodia has a stream of direct investment from many major countries, including South Korea, Singapore, Japan, Vietnam, Malaysia, Thailand, the United Kingdom, especially […]
Cambodia launches standard loan contract to enhance transparency, effectiveness, and consumer protection
PHNOM PENH: The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) have launched the Industry-wide Standard Loan Contract and Standard Text of […]