Cambodia sees significant increase in digital payments
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)…
Indonesia’s trade and tourism fair to kick off in Phnom Penh
PHNOM PENH: The Embassy of the Republic of Indonesia in Phnom Penh will organize the 14th Indonesian Trade and Tourism Promotion (ITTP 2023) here at Koh Pich Convention and Exhibition…
The signing ceremony of MOU between IDI and KSA
PHNOM PENH: On Tuesday, August 01, 2023, Innovation and Development Investors Association "IDI" led by Dr. Hor Sereyvath, Chairman of the Board of Directors of IDI and ID Capital Plc. "IDC"…
Canadia Bank’s 69th branch offers full range of banking services
PHNOM PENH: Canadia Bank has opened its 69th branch in Por Sen Chey, Phnom Penh. The new branch is located on Russian Boulevard in front of Phnom Penh International Airport.…
Cambodia’s foreign reserves hit $18.4 billion as of June
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…
Banking industry’s outstanding loan portfolio reaches $56 billion
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…
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 first expressway generates $28 million in 8 months
PHNOM PENH: The Phnom Penh-Sihanoukville Expressway has been in operation for nine months, but only eight months of that time have been open to paying customers. In October 2022, the…
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…
Cambodia’s commercial gambling revenue slow to recover
PHNOM PENH: Cambodia's commercial gambling revenue in the first half of 2023 was about $12 million, an increase of nearly 16% from the same period in 2022. However, this is…
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…