National Bank Of Cambodia Takes Measures To Maintain Value Of Riel
The National Bank of Cambodia (NBC) has recently announced its intention to intervene in the exchange rate in response to sluggish demand for the...
Inpay And Cambodia Post Bank Plc. Team Up To Offer Global...
European-based Inpay, a fast-growing fintech company, and Cambodia Post Bank Plc. (CPBank) have announced they have entered into a partnership to introduce international money...
CSX Might Promote Exchange On Overseas Roadshow
The Cambodia Securities Exchange (CSX) is considering heading on an overseas roadshow to promote the exchange and highlight successfully listed Cambodian companies.
Reports suggest the...
ACLEDA Bank Takes On USD $80 Million Loan From Bank SinoPac
ACLEDA Bank, a publicly-listed financial institution on the Cambodia Securities Exchange (CSX), has recently announced that it has taken a USD $80 million long-term...
Cellcard Secures Over $110 Million In Loans to Repay Bank of...
CAMGSM PLC, the parent company of Cellcard, has successfully obtained a new loan from at least three banks to fulfil its debt repayment obligations...
Home & Lifestyle Expo 2023: Successful One-Stop Destination for Cambodian Property...
The highly anticipated Home & Lifestyle Expo 2023 was held over the weekend of August 12-13, 2023 and organised once again by Realestate.com.kh.
This...
Home & Lifestyle EXPO 2023: Cambodia’s Finest Properties, Cars, Lifestyle Brands
The highly anticipated Home & Lifestyle EXPO 2023 runs from August 12-13, between 10:00 am and 8:00 pm, at the KOH PICH Exhibition Centre...
Collective Investment Schemes (CIS) To Register On CSX
As the relevant authorities try and push for listings on Cambodia's stock exchange (CSX), the Non-Banking Financial Services Authority (NBFSA) and Securities and Exchange...
KB Kookmin Bank Merges Its Two Cambodian Affiliates
KB Kookmin Bank will merge its two affiliates in Cambodia; Prasac Microfinance Institution and Kookmin Bank Cambodia.
In 2020, KB acquired a 70 per cent...
Chea Serey Appointed As NBC Governor
The current Deputy Governor of the National Bank of Cambodia (NBC) Chea Serey has been appointed as the bank's new Governor. The historic appointment...
Cambodia Pursues Double Tax Agreement Expansion To Boost Investment Confidence
Cambodia is currently seeking to expand its network of double tax agreements (DTAs) with other countries to eliminate double taxation and prevent tax evasion,...
Acleda Bank to Borrow $100M for Micro, Small, and Medium Enterprise...
One of Cambodia's leading commercial banks, Acleda, will take a USD $100 million loan from the China-based Asian Infrastructure Investment Bank (AIIB) for micro,...
CSX Index Climbs Over Four Percent on Friday 7th July 2023
The Cambodia Securities Exchange (CSX) closed higher on Friday 7th July 2023 , with the CSX Index climbing by 19.57 points or 4.04 per...
Hong Sok Hour – The Hopes for the Cambodia Securities Exchange...
At the recent Cellcard (CAMGSM Plc.) listing on the Cambodia Securities Exchange (CSX) in June 2023, B2B Cambodia caught up with H.E. Hong Sok...
Bakong Reaches More Asian Countries
The National Bank of Cambodia (NBC) is set to expand the cross-border payment system of Bakong to five additional Asian countries; Vietnam, Laos, Myanmar,...
Cambodian General Department of Digital Economy Established
The Cambodian General Department of Digital Economy will set out to work on developing the digital economy in Cambodia and operate under the Ministry...
Three Cambodian Private Green Bond Issuers Selected For 2023
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and partners have announced the three Cambodia green bond issuers for...
Cambodian Fintech Well Represented At Inclusive Fintech Forum 2023
A delegation representing Cambodia's fintech sector, led by the National Bank of Cambodia (NBC), has returned from an impactful showing at the Inclusive Fintech...
CAMGSM Plc. Completes Listing On Cambodia Securities Exchange
Cellcard (CAMGSM Plc.) successfully listed its Class A common stock on the Cambodia Securities Exchange (CSX) on June 27, 2023, following its initial public...
CAMGSM PLC. (Cellcard) Completes Initial Public Offering (IPO) – Over $5...
CAMGSM PLC. (“Cellcard”) confirmed the completion of the IPO to its successful investors who participated - with 9,271,206 shares being subscribed to and generating...
ICC Techfin Future Conference 2023 Highlights
The Indian Chamber of Commerce Cambodia organised the Techfin Future Conference 2023 in Phnom Penh with H.E Sok Puthyvuth (Secretary of State of the...
The Potential of Investing in Cambodian Sustainable Bonds
In a recently held "The Potential of Investing in Cambodia Sustainable Bond" workshop, leading figures from the financial sector and government aimed to raise...
Cambodia and Thailand Extend Cross-border QR Code Payments
Cambodia and Thailand the second phase of cross-border QR code payments, which was confirmed by the National Bank of Cambodia (NBC), and should allow Thai...
Cellcard’s IPO Listing – Everything You Need To Know
B2B Cambodia finds out more about Cellcard (CamGSM Plc) Initial Public Offering (IPO) and speaks with the company's CEO Simon Perkins as well as...
World Bank Bullish On Cambodian Economy
The World Bank increased its financial outlook for the Kingdom of Cambodia in May 2023 under its Cambodia Economic Update and raised its growth...
Phillip Bank & Mora BNPL Sign MoU To Promote “Buy Now,...
Phillip Bank and Mora BNPL have announced a strategic partnership agreement to launch financial products and services through the latter's digital platform called “Buy...
Visa Consumer Payments Attitude Study – Cash Preferences Return Post-COVID But...
Ivana Tranchini, Country Manager at Visa Cambodia presented the latest findings from the financial transaction company based on the latest Consumer Payments Attitude study.
The...
Insights from the Trust Regulator of Cambodia 2023 – What You...
In May 2023, the Malaysian Business Chamber of Cambodia (MBCC) and the Trust Regulator of Cambodia hosted an event addressing the key issues and...
Phillip Bank Forms Strategic Partnership with Sarita Waterside
Phillip Bank, and its associate company Phillip Trustee (Cambodia), have announced a strategic partnership with Sarita Waterside to attract more investments, particularly from Singapore,...
MB Group and SBI Shinsei Bank Signed Agreement Become Shareholders of...
MB Group agreed to share equity investment of its subsidiary, MB Bank (Cambodia) Plc or MBCambodia, a newly launched commercial bank in Cambodia, to...
Cambodian Higher Educational Institutions Receive Tax Relief Until 2029
The Cambodian government has announced that tax reliefs for higher educational institutions will be extended for five years until the end of 2028.
The news...
NBC Continues To Explore International Cross-Payments
The National Bank of Cambodia continues to explore and sign agreements with international banks to explore digital payment and remittance options as well as...
Benefits and Growth of Bancassurance in Cambodia
AmCham organised an event "The Role of Bancassurance in Cambodia and the Region" at Raffles Hotel in Phnom Penh in March 2023, and the...
Credit Bureau Singapore & Credit Bureau Cambodia Launch First Cross-border Initiative...
Credit Bureau (Cambodia) Co., Ltd. (CBC) has joined forces with Credit Bureau (Singapore) Pte Ltd (CBS), a subsidiary of Credit Bureau Asia Limited (CBA)...
How Will Cambodia Benefit From FATF Grey List Removal
With the news last week that Cambodia had been removed from the Financial Action Task Force (FATF) grey list, there has been a lot...
MBCambodia Holds Grand Opening Event To Celebrate Launch As Commercial Bank
MB Bank (Cambodia) Plc. (MBCambodia) hosted a grand opening event on 27th February 2023 to celebrate the official launch of its services as a...
Bakong Users Continue To Grow – Now More Than 8.5 Million
The NBC Bakong app has seen a meteoric rise in users, especially since the tail-end of 2021. More than 8.5 million users have now...
How Will Proposed CIPS Membership Help Cambodian Businesses?
One of the big financial news items this past week was the announcement that Cambodia had applied for membership in the Cross-Border Interbank Payment...
MBCambodia Receives License To Upgrade From Branch To Commercial Bank
On 2nd January 2023, MBCambodia was granted a license from the National Bank of Cambodia (NBC) and the Ministry of Commercial (MOC) to upgrade...
Tanncam Invests In Digital Classified Group, Parent Company Of Realestate.com.kh
Tanncam Investment Pte. Ltd., a Singapore-based private equity and venture capital firm, has invested in Digital Classified Group (DCG), a leading Australian-based property company...
Increasing Crypto Interest In Cambodia As BitKub looks To Enter the...
Bitkub, a Bangkok-based cryptocurrency platform, is looking to expand into Southeast Asia markets and Cambodia is on their radar.
Bitkub backed by Capital Group Holdings...
AmCham Hosting “The Rise of Capital Markets and Venture Capital in...
The American Chamber of Chamber of Commerce in Cambodia is holding a special full-day “The Rise of Capital Markets and Venture Capital in Cambodia”...
Cambodian Banking Systems Continue Digitalisation and Push For Innovation
Hardly a week passes without one of the many many Cambodian banks announcing it's navigating the digital landscape, it's a key area every bank...
Cambodia Hopes To Be Removed From FATF Grey List in 2023
Cambodia’s Minister of Interior, Sar Kheng, is hopeful the Kingdom can be removed from the grey list (FATF) of nations at high risk for...
Cambodia hosts Asian Regional Credit Reporting Conference for Cross-border Credit Reporting...
The National Bank of Cambodia (NBC) and Credit Bureau Cambodia (CBC) hosted a Regional Credit Reporting Conference from 17-18 November 2022 - bringing more...
More BlockChain Developments in Cambodia – The Royal Group, Panda Commercial...
This past week, two more news pieces broke around the expanding blockchain development in Cambodia as The Royal Group and Binance signed a Joint...
New Riel Banknotes Enter Circulation in Cambodia
Cambodia will see the introduction of new 200 & 2000 Riel banknotes following the Royal Government of Cambodia sub-decree issued to introduce them on...
New Guidelines for Cambodian Gambling Businesses
The General Secretariat of the Commercial Gambling Management Commission of Cambodia (CGMC) issued new guidelines for gambling businesses operating in Cambodia on October 20th...
Crypto Social Trading Exchange MoonXBT Signs MOU with SERC
On the back of the global cryptocurrency platform Binance signing an MoU with the Securities and Exchange Regulator of Cambodia (SERC) earlier in 2022, crypto...
CBC and VTrust Appraisal launch Digital Real Estate Appraisal Service
Credit Bureau (Cambodia) Co., Ltd. (CBC) and VTrust Appraisal Co. Ltd. (VTrust) have officially launched Digital Real Estate Appraisal (Indication Plus Platform).
It's the first...
CBC celebrates the 10th Anniversary of Credit Reporting in the Kingdom
Credit Bureau (Cambodia) Co., Ltd. (CBC) celebrated a decade of establishment of the credit reporting system in the Kingdom at Sofitel Phnom Penh in...
World Bank Revises Upwards Cambodia’s GDP for 2022
The World Bank (WB) has raised its 2022 GDP growth forecast for Cambodia to 4.8 per cent, up from its 4.5 per cent prediction...
ADB Mantains Strong GDP Forecast for Cambodia in 2022
The Asian Development Bank (ADB) has reiterated its forecast for the Kingdom's economic growth at 5.3 per cent in 2022, however, it slightly dropped...
Pi Pay Partners With OxPay To Explore International Payments Alliance
Cambodian fintech company Pi Pay Plc. ("Pi Pay") and OxPay SG Pte. Ltd. have signed a memorandum of understanding to explore an international payments...
Securities and Exchange Regulator of Cambodia (SERC) & Binance Complete First...
The Securities and Exchange Regulator of Cambodia (SERC) and the world's biggest cryptocurrency platform Binance have held their first workshop designed to improve the...
Cambodia Digital Awards 2022
The largest National Technology, Communication and Information Awards in the Kingdom - the Cambodia Digital Awards (CDA) 2022 -is due to take place later...
CBC and Credit Guarantee Corporation of Cambodia Plc. Sign MoU to...
Credit Bureau (Cambodia) Co., Ltd. (CBC) and Credit Guarantee Corporation of Cambodia Plc. (CGCC) have signed a Memorandum of Understanding to strengthen financial inclusion...
CBC introduces innovative Credit Risk Heat Map for the Cambodian Financial...
Credit Bureau (Cambodia) Co., Ltd (CBC) has launched the first of-its-kind advanced business intelligence tool in the country for member financial institutions to monitor...
Cambodia Mid-Year Financial Report Card 2022
The mid-year financial results have started to be released by the various government ministries which provide an indicator of the economic recovery and business...
Vietnamese MB Plans to Enter Crowded Commercial Banking Sector in Cambodia
The Military Commercial Joint Stock Bank (MB) has received approval from the Vietnam State Bank of Việt Nam (SBV) to establish a 100 per...
Where is Cambodia spending its money online?
Cambodia’s market value of e-commerce increased to $970 million in 2021 which was an increase of 19 per cent from $813 million dollars in...
Will Cambodia legalise and embrace Crypto after SERC & Binance MoU?
In a surprise move, the Securities and Regulator Exchange Regulator of Cambodia (SREC) and Binance signed a memorandum of understanding (MoU) at the end...
E-Payments on the rise in Cambodia – Bakong CDBC leading the...
The National Bank of Cambodia (NBC) Financial Stability Report 2021 has highlighted the growth of E-payment transactions in Cambodia, with cashless payment adoption spurred...
NBC Key Takeaways – Financial Stability Report 2021
The recently released Financial Stability Report 2021, from the National Bank of Cambodia (NBC), shows that Foreign Direct Investment (FDI) into Cambodia in 2021...
Realestate.com.kh EXPO 2022 – Everything You Need to Know
The Realestate.com.kh EXPO 2022 will be held from 2-3 July 2022 at the Premier Centre Sen Sok in Phnom Penh and the offline mega-event...
Digital Cambodia by 2025 – Event
The Digital Cambodia by 2025 event is being held in Phnom Penh on 24th May 2022 with industry professionals from fintech, telcos and the...
Realestate.com.kh EXPO 2022
The Realestate.com.kh EXPO 2022 is back after a two-year hiatus and will take place from 2-3 July 2022 at the Premier Centre Sen Sok...
ABA Bank and Almond FinTech Sign Agreement
One of Cambodia's leading banks, ABA, has signed an agreement with Almond Fintech which specialises in cross-border payments - and they hope to offer...
Cambodia 2022 Q1 Economic Report
With Q1 2022 wrapped, news on the various industries and economic sectors is being released by Ministries and local media. We review the data...
Opening a Business Bank Account in Cambodia
There are many commercial banks in the Kingdom of Cambodia - at the end of 2021 there were 54 commercial banks listed by the...
ADB Backs Strong Cambodian Economic Growth
The Asian Development Bank (ADP) expects Cambodia’s economy to grow by 5.3 per cent in 2022 and 6.5 per cent in 2023, it announced...
Cambodia’s Mobile Payments On The Rise
Cambodia has seen a continued sharp growth in mobile payments, buoyed by the impacts of the pandemic and increased use and development of fintech...
Cambodia’s Digital Startup and Fintech Space Keeps Growing
With over 300 active technology startups, operating at various stages of maturity in the Kingdom of Cambodia, we take a look at the burgeoning...
Wing Bank Partners With Scienaptic in Cambodia
Wing Bank has deployed Scienaptic’s AI-powered credit platform to use cutting-edge digital credit decisioning process to improve financial access in Cambodia they have confirmed.
Decisioning...
NBC Launches Ten Policies For Cambodian Economic Growth in 2022
The National Bank of Cambodia (NBC) announced it will introduce 10 core policies to support sustainable economic growth and recovery of the Kingdom in...
Cambodian Economic Outlook for 2022
The National Bank of Cambodia (NBC) claims that the national economy will grow by 5 per cent in 2022 while inflation is projected at...
Bakong reaches nearly 8 million users
The Bakong digital currency, released by the National Bank of Cambodia (NBC), had approximately 270,000 users as of November 2021 but after partnering with...
Credit Bureau (Cambodia) Co., Ltd internationally recognised as “Best Companies to...
Credit Bureau (Cambodia) Co., Ltd. (CBC) was awarded the title of one of “Best Companies to Work for in Asia 2021” in Cambodia by...
Credit Bureau Cambodia (CBC) Commits USD 1 million to promote financial...
On 24 December 2021, Credit Bureau Cambodia (CBC) has announced a commitment of USD 1 million in support of the National Financial Inclusion Strategy...
World Bank Lowers Cambodia’s GDP 2021 Growth Forecast
The World Bank has lowered the economic forecast for Cambodia to 2.2 per cent for 2021. In April 2021 the organisation has anticipated a...
E-Commerce VAT Tax Prakas
The details of the E-Commerce VAT Tax Prakas have been outlined by Cambodian legal firm DFDL. In April 2021 Sub-decree No. 65 S.E on...
Cambodia’s Expected 2021 GDP Lowered by ADB
The Asian Development Bank (ADB) has revised down the expected GDP for the Kingdom of Cambodia and expects the SEA nation to reach 1.9...
Bakong Adds Malaysian International Cross Border Payments
The National Bank of Cambodia (NBC) with its Bakong app, has launched a real-time funds transfer service between Malaysia and Cambodia with Maybank's MAE...
Thunes and ABA Partner on Digital Cross Border Payments
Thunes, a network provider of global cross-border payments, and ABA have formed a partnership targeting overseas Cambodians to send money back home.
The digital payments...
Foreign Direct Investment Declines in First Half of 2021
The Cambodian Ministry of Economy and Finance has reported that the Foreign Direct Investment (FDI) fell by 50 per cent between Jan-May 2021 compared...
ABA Partners with Forest Interactive Cambodia
ABA Bank has partnered with Forest Interactive to onboard the digital content partner for its mobile banking app, ABA Mobile.
The press release said that...
National Bank of Cambodia Launches New Digital Payments Campaign
The National Bank of Cambodia (NBC) has launched a new campaign to encourage digital banking and payments on May 24, 2021, called “Go online...
What is Cambodia’s Financial Outkook in 2021?
The financial outlook for Cambodia is constantly being evaluated due to the impact of the COVID-19 pandemic. We review the latest reports on the...
SBI LY HOUR Bank Using Blockchain for International Payments
SBI LY HOUR Bank, a Cambodian commercial bank, announced it will start utilising blockchain for money transfers with Vietnamese commercial bank Tien Phong Commercial...
Wing (Cambodia) Ltd Specialised Bank is now Commercial Bank
Wing (Cambodia) Ltd Specialised Bank will now operate as a commercial bank, and be rebranded as Wing Bank (Cambodia) Plc, after being granted the...
Cambodia Has One of the Leading Global CBDCs
The launch of the Bakong project in Cambodia has seen the SEA nation considered as having one of the leading global CBDC (central bank...
Moody’s Investors Service upholds Cambodia’s B2 rating
According to Moody’s Investors Service 2021 Inside ASEAN report, Cambodia has been graded with a B2 rating.
The report, released on March 29, 2021, said:...
2020 Casino Tax Collection Drops by More Than 50 percent
The Cambodian Ministry of Economy and Finance has confirmed that casino tax collections for 2020 dropped to $40 million in 2020, less than 50...
GDT Asked to Delay Income Tax 2020
As many as nine international business chambers in Cambodia have asked the General Department of Taxation (GDT) to extend the deadline for filing the...
Meal Temple merges with Kiwi Pay Group
Cambodian Meal Temple Group have announced a strategic merger with Hong Kong-based fintech firm Kiwi Pay Group.
The aim of the merger is to enter...
Phillip Bank launches 90% home loan for Cambodian buyers
Owning your dream home is now easier than ever. Phillip Bank is currently offering Cambodian property seekers up to 90% financing.
Cambodian property buyers...
Cambodian ranking on 2020 Corruption Perception Index
Cambodia ranked one place better on the 2020 Corruption Perception Index but was still the worst-ranked of the ASEAN nations.
The Transparency International’s (TI) Corruption...
ACLEDA Bank PLC rebrands with new Logo and App
ACLEDA Bank Plc. has launched a new logo as part of a rebrand while also launching an updated version of their banking app now...
Cambodia’s GDT close to 2020 collection target
Cambodia's General Department of Taxation (GDT), confirmed this week that it had collected 95 per cent of its annual revenue collection target for 2020,...
Smart Axiata Digital Innovation Fund makes more investments
The Smart Axiata Digital Innovation Fund (SADIF) confirmed it has invested in two more Cambodian firms; Banhji, a financial platform for micro, small and...
