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 China and the United States.… Read More »The factors driving foreign direct investment in Cambodia
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 the Contractual Terms for use… Read More »Cambodia launches standard loan contract to enhance transparency, effectiveness, and consumer protection
PHNOM PENH: Cambodia and Laos have officially launched the first phase of cross-border QR code payment between the two neighbors (KHQR scan LAOQR), allowing Cambodians to use their national currency,… Read More »Cambodia, Laos launch first phase of cross-border QR payment
PHNOM PENH: ACLEDA Bank Plc., “The bank you can trust, the bank for the people” hereby announces that it officially launches Cross-Border Payment via QR Code in Laos, Phase 1:… Read More »ACLEDA Bank Plc. officially launches cross-border payment via QR code in Laos
PHNOM PENH: The Bank for International Settlements (BIS) says the National Bank of Cambodia is among seven Southeast Asian central banks involved in central bank digital currency (CBDC) development. In… Read More »NBC among seven ASEAN central banks working on digital currencies: BIS
PHNOM PENH: Cambodia has recorded a sharp rise in mobile payments as more and more people have turned from cash-based to digital transaction options, the National Bank of Cambodia (NBC)… Read More »Cambodia sees significant increase in digital payments
PHNOM PENH: Cambodia’s foreign reserves rose to US$18.4 billion as of June 2023, up 3.2 percent from US$17.82 billion at the end of 2022, showed a report of the National… Read More »Cambodia’s foreign reserves hit $18.4 billion as of June
PHNOM PENH: The outstanding loans in Cambodia’s banking industry reached nearly US$56 billion by June this year, while banks’ deposits rose to more than US$44 billion, according to a report… Read More »Banking industry’s outstanding loan portfolio reaches $56 billion
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… Read More »Cambodia issues government bond of $27 million in H1
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… Read More »Cambodian economy in H1 remains healthy
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… Read More »Outstanding female banker appointed to top spot at NBC
