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WB Finance Co., Ltd. Formed After Merger

Woori Bank has merged its Cambodian businesses, WB Finance Co., Ltd. with Woori Finance (Cambodia) Plc. it was announced this week. WB Finance Co., Ltd. The...

The Phnom Penh Megamall Due in Q4 2020

CBRE has announced that The Phnom Penh Megamall opening has been postponed until the fourth quarter of 2020. CBRE Cambodia, who is the leasing agent...

National Bank of Cambodia to launch Bakong digital currency in 2020

The National Bank of Cambodia (NBC) will launch a new digital currency under the moniker Project Bakong in 2020. Bakong has been labelled “a...

Moody’s Maintains Cambodia’s B2 Rating, Says Outlook Stable

Moody’s Investors Service Inc maintained a stable outlook while affirming Cambodia’s B2 long-term issuer rating on the back of robust gross domestic product (GDP)...

We Are Together For A Better Community

Mr. BAN VIBOL INITIATIVE KRA CSR PROGRAM has laid the foundation through Corporate Social Responsibility (CSR) with its programs for the community and environment. Since...

Cashless Society Closer But Hard Money Will Remain In Widespread Use,...

More than 50 payment companies are offering cashless services to customers, a rise from between five to 10 payment companies in the past two...

Gov’t Reaches Customs Revenue Goal Three Months in advance

During the first nine months of the year, Cambodia earned $2.3 billion from customs and excise collection, surpassing the government’s target for the whole...

Tourist Decline Continues At Angkor

The number of foreign visitors at the world-famous Angkor Archaeological Park in Siem Reap continues to decline according to the latest figures from Angkor...

GDP Growth Dominated By traditional Sectors In 2019, ADB says

Despite a slower-than-anticipated rise in agricultural production, Cambodia’s economy is expected to grow at 7 percent this year on the back of strong growth...

US Interior Design Firm Expands Into Cambodia

Ethan Allen, a leading interior design company from the United States, has expanded into the Kingdom. Ethan Allen chairman and CEO Farooq Kathwari told Inside...

Cambodia, Thailand Sign Agreement On Cross-border Listings

Cambodia and Thailand on Tuesday signed a memorandum of understanding on cross-border equity offerings and depositary receipts, paving the way for Thai companies to...

World Bank Approves $1 Billion In Development Assistance

The World Bank has officially approved the disbursement of $1 billion to develop priority sectors in Cambodia, the Ministry of Economy and Finance announced...