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…
Cambodian economy in H1 remains healthy
PHNOM PENH: Cambodia continued to achieve positive economic growth in the first six months of this year, said the National Bank of Cambodia (NBC)’s report released at a recapitulative meeting…
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…
Bakong-UPI cross-border QR code payment cooperation to attract more Chinese tourists
PHNOM PENH: The cross-border QR Code payment transactions through KHQR between Bakong’s network and UnionPay International's global QR Code acceptance network will expectedly contribute to attracting more Chinese tourists to…
FDI in Cambodia increases by 9% in Q1
PHNOM PENH: Foreign direct investment (FDI) in Cambodia amounted to 185.7 trillion Riel (Cambodian currency roughly US$45.8 billion), as of the first quarter of 2023, according to the National Bank…
Cambodia, Singapore set up financial transparency corridor to support SMEs
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 between small and medium-sized enterprises…
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 IDC’s Chairman of the Board…
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 growing demand and adoption in…
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 of 2 percent. Still, external…
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 Serey, Deputy Governor of the…
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…