Capitalising On Potential: Stephen Higgins Discusses Cambodia’s Economy And Investment Landscape
Amidst a backdrop of global uncertainties, Cambodia's economy faced its fair share of challenges in 2023. However, many opportunities continue to be present in...
OPINION: Gearing For Digital Financial Inclusion – The Next Big Opportunity...
Cambodia’s financial inclusion policy is set out in its National Financial Inclusion Strategy 2019-2025, but do structural challenges make this a tall task to...
Cambodian Tax Amnesty 2024 Deadline Extended
The Deputy Prime Minister and Minister of the Economy and Finance, Dr. Aun Pornmoniroth, signed Prakas No. 071 MEF.P.GDT on Incentives for the Voluntary...
SERC And ADB Conduct Stakeholder Capacity Building Workshop For The Rating...
On February 7, 2024, the Securities and Exchange Regulator of Cambodia (SERC) and the Asian Development Bank (ADB) co-organised the Technical Assistance Workshop for...
Securities Exchange Regulator Of Cambodia Approves Reporting Forms For Fund Management...
In a significant development aimed at bolstering industry performance and stability, the Securities and Exchange Regulator of Cambodia (SERC) officially approved the adoption of...
Exploring RGX: An In-Depth Look At Cambodia’s First Licensed Digital Asset...
The financial landscape of Cambodia enters a new era with the launch of Royal Group Exchange (RGX), the nation's first licensed digital asset exchange....
Cambodia’s Business Community Shares Reflections On 2023 And Expectations For 2024
At the end of 2023 and throughout the first month of 2024, B2B Cambodia asked various experts and members of the Kingdom's business community...
Fiber Optic Cable Company ‘Telcotech’ Lists Second $20M Bond On Cambodia...
Telcotech Ltd, a telecom infrastructure company under the Royal Group of Companies, has launched its official USD $20 million bond on the Cambodia Securities...
Santepheap Community Pre-school Phum Tuek L’ak Official Launch
On Tuesday 16th January 2024, the National Bank of Cambodia and Credit Bureau (Cambodia) Co., Ltd., organised the official launching ceremony for Santepheap Community...
Cambodia Launches First Blockchain Backed Digital Assets Exchange
Cambodia has recently inaugurated the Royal Group Exchange (RGX), the nation's maiden digital assets exchange. Powered by blockchain technology, this trading platform marks a...
Cambodia 2023 Economic Data In Review
With 2023 behind us, economic data sets for the year are slowly being released by the relevant Cambodian government ministries and relevant associations. We...
CIA First International School Lists $10M Bond On Cambodian Stock Market
On December 27, 2023, CIA First International School Co., Ltd made its debut bond listing on the Cambodia Securities Exchange (CSX) following approval from...
Collective Investment Schemes In Cambodia – Why Invest and the Importance...
Investment diversification across different asset classes would lower the risks compared to traditional investment portfolios. With the launch of the first Collective Investment Scheme...
Overview Of Cambodia’s Cross Border QR Payments With Vietnam, Thailand, Laos,...
As 2023 draws to a close, B2B Cambodia reviews the advancements made by the National Bank of Cambodia (NBC) in cross-border Quick Response (QR)...
Oriental Bank Launches MCorp And ICorp For Corporate Digital Banking
On December 15, 2023, Oriental Bank introduced its latest digital offerings, Oriental MCorp and Oriental ICorp. The launch event was attended by notable guests,...
Cambodia And Japan Strengthen Diplomatic And Economic Ties At 2023 Japan-Cambodia...
The Cambodian Prime Minister Hun Manet, met Kishida Fumio, Prime Minister of Japan, along with several high-ranking delegates to discuss a number of key...
$100 Million Cambodian Sovereign Bonds Planned To Be Released In 2024
According to a Financial Management Law (FML) 2024, which was endorsed by King Norodom Sihamoni in December 2023, the Cambodian government will be able...
Mastercard – Financial Inclusion And Promoting Digital Payments In Cambodia
The CamTech Summit 2023 was an opportunity for industry leaders to highlight the leading trends in the technology sector and fintech is a crucial...
CamTech Summit 2023: Shaping The Future Of Finance And Technology In...
The annual CamTech Summit successfully concluded on November 30, 2023, held with the aim of exploring and shaping the future of finance and technology...
Banjaran Asset Management Launches Cambodia’s First Collective Investment Scheme Fund
Banjaran Asset Management (Cambodia) PLC (BAMC) has successfully obtained approval from the Securities and Exchange Regulator of Cambodia (SERC) to launch the BAMC Asia...
NBC Makes It Easier For Chinese Payments – Agreements With Alipay...
The National Bank of Cambodia has continued its quest to increase the number of agreements to east cross-border payments and digitalised payments by signing...
Cambodia’s E-Commerce Tax Revenue Hits $63 Million Milestone In Ten Months
The General Department of Taxation (GDT) has reported a collection of USD $62.82 million in value-added tax (VAT) from e-commerce in the first ten...
National Bank Eases Measures To Bolster SME Support In Cambodia
The Royal Government of Cambodia and the National Bank of Cambodia (NBC) have pledged to continue easing certain precautionary measures to provide steadfast support...
Key Takeaways – New Tax Incentives Announced At 19th Cambodian Government-Private...
Several new tax incentives were announced on November 13th 2023, following the 19th Cambodian Government-Private Sector Forum (G-PSF) held at the Peace Palace in...
Addressing Gaps Within The Cambodian Banking Sector’s Customer Service & Security
ORLIG Sdn Bhd led an event in the Cambodian capital titled "RAISE YOUR GAME" which was attended by representatives from Cambodian banking institutions including...
OBOR Management Welcomes CIM And Tanncam As New Shareholders To Strengthen...
OBOR Management (Cambodia) welcomes Cambodia Investment Management (CIM) and Tanncam Investment Pte as its new strategic shareholders, combining a 40 per cent stake.
According to...
Where Is Cambodia’s Digital Economy Heading?
Southeast Asia's digital economy is poised to reach a transaction value of USD $218 billion in 2023, while Cambodia’s digital economy is expected to...
CBC Empowers Cambodian Students with Financial Literacy Seminar
Credit Bureau (Cambodia) Co., Ltd. (CBC) took a significant stride towards enhancing financial literacy in Cambodia by hosting an enlightening seminar at Build Bright...
Licensed Casinos In Cambodia To Drop Further Once The Gaming Law...
Cambodia’s gaming regulator said that the number of licensed casinos in the Kingdom of Cambodia will drop to as low as 50 when the...
NagaCorp Needs $135 Million To Repay Maturing Bonds By July 2024
Bond credit rating agency, Moody's Investors Service, has stated that NagaCorp, the operator of the NagaWorld entertainment complex, needs to generate USD $135 million...
Cambodia Financial Technology Development Policy 2023-2028 – What To Know...
The Royal Government of Cambodia released the Cambodia Financial Technology Development Policy 2023-2028 in October 2023 - so what should you know about the...
Cambodian Trade Data January-September 2023 – FDI, Economic Forecasts, & Exports
We look at the latest summary of trade and economic data from the Kingdom of Cambodia for the first nine months of 2023, as...
Investment Promotion Conference 2023: Promoting Sustainable Economic & Social Development
The ‘Investment Promotion Conference 2023’ was organised by the German Agency for International Cooperation (GIZ) and the Council for the Development of Cambodia (CDC)...
Cambodian Business Confidence Survey 2023 – What Are Businesses Excited And...
Mr. Martin Brisson, Executive Director of EuroCham, provided an overview of the Cambodia 2023 Business Confidence Survey which was released at the recently held ASEAN-Cambodia...
AVPN Spotlights Potential Of Cambodia’s Entrepreneurial Ecosystem
The Asian Venture Philanthropy Network (AVPN) organised its first Cambodia Impact Roundtable on September 19, 2023 at Raintree in Phnom Penh, gathering together top...
ADB’s 2023 Growth Forecast For Cambodia Revised Down To 5.3%
The Asian Development Bank (ADB) has adjusted its forecast for Cambodia's economic growth in 2023 to 5.3 per cent, slightly lower than its previous...
Cambodia Records 9.5% Decrease In 2023 Oil Imports
Cambodia recorded a significant decline in oil imports during the first eight months of 2023 according to a report released by the General Department...
CAMGSM PLC Reveals Robust Performance in Q2-2023
CAMGSM PLC (Cellcard), one of the leading mobile operators in Cambodia, disclosed a significant increase in its profits compared to the same period in...
International Trade In Cambodia Reaches Almost USD $32 Billion In 2023
In the first eight months of 2023, Cambodia’s international trade volume amounted to almost USD $32 billion, according to the latest figures released by...
Cambodia’s Financial Sector: Highlights from Mekong Strategic Capital Report
Mekong Strategic Capital released its review of the Cambodian financial and banking sector for 2022 via its Cambodia's Financial Sector: Scale Measuring What Matters...
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...