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World Bank Tells Cambodia To Expect Funding Fall

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As Cambodia gradually moves to lower middle-income country, it may expect a decline in preferential trade treatment and donor financing, the World Bank said...

Central Bank Launches Online Service

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Cambodia’s Central Bank is to launch the National Bank of Cambodia Platform (NBCP) tomorrow, a trading system that allows all financial institutions to make...

Consumer Credit Falls By 15% In Q2

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Applications for consumer credit in the country dropped by 15 percent in the second quarter of the year compared to a big jump of...

Cambodia Gets B2 Moody’s Rating

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Cambodia got a B2, stable, rating by Moody’s Investors Service for having small fiscal deficits, low government debt and a high capability to service...

Mengly Quach Seeks CSX Listing For His Schools

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A leading local private school and learning institution is eyeing to be listed on the Cambodia Securities Exchange (CSX) by the end of the...

Central Bank To Relocate To Allow Renovations

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The head office of the National Bank of Cambodia (NBC) on Norodom Boulevard is to be temporarily moved to a building in Phnom Penh Thmey,...

Yuan-Riel Exchange Rate On The Way

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The National Bank of Cambodia (NBC) and the Central Bank of the Republic of China are to launch a yuan-riel exchange rate in September...

Frontier Innovators Applications Open

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  According to a release from AusCham, on 25 July the Australian Minister for Foreign Affairs, the Hon Julie Bishop, announced the opening of Frontier...

Minister: Cambodia Must Fend For Itself

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Cambodia needs to support its own development and can expect a cutback in grants, soft loans and highly favourable trade privileges as it graduates...

More Tax Revenue Needed To Cover Spending, Says IMF

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At the conclusion of its annual Article IV consultation, the International Monetary Fund (IMF) noted that despite Cambodia’s continued strong economic performance the government...

Cambodian Riel Strategy Takes Shape

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Cambodia’s first draft national strategy on promoting the riel is to be finalised next month and has been sent to the economic and financial...

Islamic Finance To Debut Soon In Cambodia

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Islamic finance, which upholds Sharia principals and is in line with the ethical values of Islam, will make its debut soon in Cambodia. According to...