Cambodia Seeks to Boost Riel Usage Through IMF-Supported Strategy
PHNOM PENH: On September 16, 2024, a meeting was held to discuss a draft strategy aimed at promoting the use of the Cambodian Riel. Chaired by Neak Oknha Lim Heng,…
Cambodia’s total public debt reaches 11.24 bln USD as of 2023
PHNOM PENH: The Cambodian government had a total public debt stock of 11.24 billion U.S. dollars as of 2023, according to the Cambodia Public Debt Statistical Bulletin released by the…
National Bank of Cambodia launches book on Cambodian Dollarisation
PHNOM PENH: The National Bank of Cambodia (NBC) has launched the book titled “Cambodian Dollarisation: Its Policy Implications for LDCs’ Financial Development”, focusing on the outputs of the empirical study…
Cambodia issues government bond of $27 million in H1
PHNOM PENH: The government has raised funds through government bond issuance with a total of US$27 million in the first six months of this year, accounting for 13.5 percent of…
Outstanding female banker appointed to top spot at NBC
PHNO PENH: Chea Serey, the Deputy Governor of the National Bank of Cambodia (NBC), has been appointed as the new Governor of the NBC. The appointment was made in a…
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 India. This is part of…