Sihanoukville Autonomous Port To Become Fifth Listing On CSX
Sihanoukville Autonomous Port (SAP) is edging closer to be listed on Cambodia’s burgeoning stock exchange after five years of delays. The state-owned enterprise will start...
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...
Sihanoukville Autonomous Port Gets Ready For Listing
The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before...
Islamic Finance To Debut Soon In Cambodia
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...
Maybank Expands Cambodian Network
On 28 October Maybank Cambodia Plc. opened four new branches in Cambodia, bringing its total network in the country to 16 branches.
The branches, which...
Cambodian Riel Strategy Takes Shape
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...
Boosting Financial Inclusion Through Technology
Information and communication technologies, particularly smart phones, can play a key role in boosting financial inclusion in Cambodia, according to researchers at the Fourth...
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...
Cambodia, Myanmar Trade Cooperation
According to the Ministry of Foreign Affairs and International Cooperation, Cambodia and Myanmar will encourage investment from small and medium enterprises and exchange agricultural...
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...
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...
VTrust Predicts Big Year For The CSX
The Securities and Exchange Commission of Cambodia (SECC) recently announced significant reforms to the infant Cambodian Stock Exchange (CSX).
Companies that list on the Cambodia...
Mengly Quach Seeks CSX Listing For His Schools
A leading local private school and learning institution is eyeing to be listed on the Cambodia Securities Exchange (CSX) by the end of the...
Expat Offshore Pension Schemes
Mr. Jerome Robertson, Chief Operating Officer of Infinity Corporate Benefits Ltd, a business partner of Infinity General Insurance Cambodia, talks about the benefits of...
Exports Up In First Quarter
Exports are up 12% in the first quarter of 2017 compared with the same period last year, thanks to the improved economic performance in countries...
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...
Rules Coming Soon For Cambodia’s FinTech Industry
The National Bank of Cambodia and the private sector are holding talks to determine inputs for regulation of financial technology, or FinTech.
Bank director-general Chea...
Cambodia’s Total Borrowing Since 1993 Grows To $8.3 Billion
The government signed concessional loan agreements with development partners – both bilateral and multilateral – amounting to about $8.3 billion from 1993 to the...
World Economic Forum On ASEAN To Kick Off
High profile CEOs, prominent businessmen, ministers and leaders of ASEAN, India and Timor-Leste will gather in Phnom Penh next week for the launch of...
Cambodia’s Finance Sector Wants No VAT
Banking and financial industry figures have called on the government to abolish the 10 percent value added tax on the sector, thinking it will...
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...
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...
ADB’s Assistance To Cambodia Nears 2.9 Bln
The Asian Development Bank (ADB) has committed over $2.8 billion in lending, grants, and technical assistance to Cambodia since 1966, making it the country’s...
Banks, Insurance Companies Must List In Stock Exchange
Securities industry insiders urged the National Bank of Cambodia (NBC) and Securities and Exchange Commission of Cambodia (SECC) to push for more banks and...
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...
Maybank Saver Wins Big In Condo Competition
Lucky Maybank customer Chheng Vutha collected the keys to a brand new home on Saturday after being named as the grand prize winner of...
Draft Gaming Law To Be Approved
Cambodia’s draft gaming law will be submitted to the cabinet for approval within this month to pave the way for the country to attract...
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...
New Vehicle Leasing Firm Adopts Fintech
Two Japanese-owned financial companies – Renet Japan Group and SBI Holdings Inc. – entered into a joint venture yesterday to form Mobility Finance Cambodia...
Cashless Payments Booming – Visa Report
Visa Inc, a global leader in digital payments, says Cambodia will see a dramatic increase in cashless transactions in the next seven years.
In its...
Central Bank To Carry Out On-site MFI Audits
Cambodia’s central bank is to conduct on-site audits of microfinance institutions to check if they are complying with the interest rate cap that came...
Rising Financial Sector Eyes Stability
A first semester report released on Saturday by the National Bank of Cambodia (NBC) has shown outstanding loans across the Kingdom’s financial industry have...
Cambodia’s Banks Struggle To Balance Loans And Deposits
Cambodia’s loan-to-deposit ratio in 2015 surpassed 100 percent, a sign that banks will be unprepared in the case of any economic disruptions such as...
ASEAN Members Agree To Slash Tariffs On Trade Products
Experts yesterday welcomed recent moves by ASEAN members to agree to cut 90 percent of tariffs in the Regional Comprehensive Economic Partnership (RCEP) for between...
MFIs Urged To Consider Moveable Assets As Loan Collateral
Moveable assets such as cars, motorbikes, agricultural machinery and crop stocks should also be considered as loan collateral by Cambodia’s microfinance institutions (MFIs), economic...
Riel Loans Increase As Interest Rates Drop
An uptick in circulation of Cambodian riel, along with an interest rate cap imposed by the central bank in April on microfinance loans, has...
Swiss Banking Giant Asked To Invest In Country
Prime Minister Hun Sen called on Credit Suisse, a leading financial services provider headquartered in Zurich, to set up shop in Cambodia and take...
Canadia Bank’s Grand Plans
Cambodia’s largest home-grown commercial bank, Canadia Bank, has announced grand plans to become the country’s biggest financial services provider as it unveils a series...
Cambodia’s Financial Sector Assisted By ADB Loan
Cambodia’s financial sector was given a boost on Friday following the approval of a $40 million loan and a $600,000 technical assistance grant by...
Cambodia looks to secure multiple FTA deals
The Royal Cambodian Government is looking to secure a number of FTA (Free Trade Agreements) with China, India and Korea.
Cambodia - China FTA
The Free...
Thai Bank Looking To Cash In On Cambodian MFI Acquisition
Bank of Ayudhya, Thailand’s fifth-largest commercial lender, noted in a financial statement on Friday that it was expecting a performance boost for the rest...
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...
FDI into Cambodia’s real estate sector increased
The NBC (National Bank of Cambodia) Annual Banking Supervision Report 2019 was released this week and the FDI (foreign direct investment) into the real...
Maybank Launches New Mobile App
Maybank launched Maybank Mobile Banking last Saturday, the first mobile banking app of the Malaysia-based bank. The new app includes augmented reality technology and a QR...
Cambodia’s Credit Growth Slows In Last Quarter Of 2016
The country’s credit growth slowed slightly in the fourth quarter of 2016, compared with previous quarters in the year, due to low commodity prices...
New Platform To Consolidate Online Trading For CSX
Investors will be able to trade stocks listed on the Cambodia Securities Exchange (CSX) via their computer or mobile device thanks to a central...
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...
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...
Cambodian Economic Growth Nudges Ahead Of Predictions
Cambodia’s gross domestic product is expected to increase by 7.1 percent in 2017 and 2018, slightly higher than the estimate of 7.0 percent last...
World Bank Warns Of Risks To Cambodia’s Economic Growth
While Cambodia’s real growth is projected to remain strong, expanding at 6.9 percent in 2017 and 2018, the World Bank warned in a report...
Banking And Finance In Cambodia
Despite the recent decline in world economic growth, the National Bank of Cambodia (NBC) reported reduced inflation and a stable exchange rate in its...
PPSEZ Lists On Cambodia’s Exchange
Phnom Penh SEZ, the country's largest special economic zone, became yesterday the fourth company to list in the nascent Cambodian stock exchange, the Cambodia...
Yuan-Riel Exchange Rate On The Way
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...
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...
Anz Royal Offers More Secure Online Banking
ANZ Royal (ANZR) is committed to delivering quality products and services to enhance its customers’ banking experience. ANZR’s Internet Banking service gives customers the...
Cambodia’s cost of living 2020
A new report from the publication CEO World suggests Cambodia has become more expensive to live in, with the country now sitting at 59th...
NBC officially launches Bakong
The National Bank of Cambodia (NBC) officially launched the Bakong digital currency on Wednesday 28th October 2020, which is backed by blockchain technology.
Chea Serey,...
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...
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...
Chinese Investment In Cambodia To Diversify Into SME Finance
Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small...
Entrepreneurs Still Fearful Of Investment In Cambodian Bourse
For many young Cambodians, the lack of knowledge about the basics of the capital market and how it works are the main reasons for...
Insiders Suggest Investment Fund For Cambodian Bourse
Industrial insiders and experts on the Kingdom’s nascent stock market have suggested the government set up a fund as an investment vehicle designed to...
Consumer Credit Falls By 15% In Q2
Applications for consumer credit in the country dropped by 15 percent in the second quarter of the year compared to a big jump of...
Financing The Cambodian Economy
An increase in access to finance and the introduction of finance companies has helped Cambodia’s economy grow, experts claim.
In the last year, the Kingdom...
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...
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...
Equifax To Help Improve Credit Reporting In Cambodia
The Credit Bureau of Cambodia (CBC) is looking to leverage the resources and experience of US-based Equifax—one of the three biggest American credit report...
Bureau Helping To Extend Cambodians’ Access To Credit
Access to financing has improved in recent years due to closer cooperation between financial institutions and the Credit Bureau of Cambodia (CBC) – a...
NBC Tests New Mobile Payment App
The National Bank of Cambodia yesterday announced that is testing a mobile payment application system known as Bakong.
According to the Central Bank, the new...
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...
Port Shares End Slightly Higher On CSX Debut
Sihanoukville Autonomous Port made its debut yesterday on the Cambodia Securities Exchange (CSX) as the fifth publicly listed company on the bourse with shares...
Central Bank To Relocate To Allow Renovations
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,...
Cash By Code Proving Succesful With The Unbanked
With the popularity of money transfer services on the rise, such as those offered by Wing and True Money, a new similar type of...
Credit Growth Slowing Down
New data released by the Credit Bureau of Cambodia (CBC) indicate a significant slowdown in the rate of lending during the second quarter of...
Maybank Continues With Sponsorship Of Students At PIO
Maybank Cambodia today announced the continuation of its long-term partnership with People Improvement Organisation (PIO) to provide an additional one-year sponsorship support to 50...
ANZ Royal Enables UnionPay EMV Operations Across Cambodia
ANZ Royal Cambodia recently announced ANZ ATM terminals across Cambodia are now beginning to accept UnionPay EMV enabled credit and debit cards.
ANZ Royal’s entire...
Lacklustre Trading Debut In PAS Shares
The trading price of Sihanoukville Autonomous Port (PAS) has failed to live up to high expectations after its debut on the Cambodia Securities Exchange...
Maybank Supermarket Sweep Gives Lucky Nine A Spree For Free
Nine lucky Maybank customers were granted the chance to go wild in the aisles on Saturday when they took part in the second Maybank...
Cambodian Business Outlook Remains Positive Through Elections
Experts have predicted that Cambodia’s economy will continue to benefit from political stability, following unofficial preliminary results of yesterday’s commune election showing that the...
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...
RDB Says Loans To Be Repaid In Time
The Rural Development Bank (RDB) said all loans disbursed under the emergency fund since last October will be repaid in time because the last...
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 Auditors Given Sharper Tools To Fight Tax Cheats
Government auditors have been given a clearer authority to access individual and corporate financial data thanks to an amendment in the tax code, which...
Cambodia’s Bilateral Trade With The US Last Year Around $3 Billion
The trade volume between Cambodia and the United States reached around $3 billion in 2016, while nearly 240,000 American tourists visited the Kingdom, according...
World Bank Tells Cambodia To Expect Funding Fall
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...
Cambodia To Maintain Its Rapid Growth, Finds UN Report
Cambodia’s economic growth is forecast to continue at a healthy seven percent for 2017-2018, according to a United Nations report released yesterday.
Strong exports by...
Wing And GmoneyTrans Partner Up To Ease Remittances
GmoneyTrans, a South Korean phone-based money transfer company, has inked and agreement with Wing, looking to tap into the remittance services market.
The agreement will spawn...
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...
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...
NBC Strives For Financial Inclusion Through Technology
The role of technology in promoting financial inclusion will be the theme of the National Bank of Cambodia’s (NBC) Fourth Annual Macroeconomic Conference in...
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...
Maybank Holds First Investment Forum Exhibition
Maybank INVEST 2016 will be held 8-9 April, bringing together a host of inspirational and renown industry experts that will act as speakers or...
Banking Improves In Cambodia
Banking in Cambodia is improving as the industry gears up for the 2015 ASEAN integration, thanks to a series of drastic developments.
National Bank of...
Cambodia Growth To Stay Strong Predicts World Bank
The World Bank’s latest Global Economic Prospects report has predicted strong growth prospects for Cambodia, despite continued Chinese economic slowdown and global uncertainty related...
Inflation Slows Down As Oil Prices Plummet
Inflation slowed notably last year amid plummeting oil prices, according to an annual report released yesterday by the National Bank.
The rate of inflation was...
Banking, Microfinance Sectors Maintain Strong Growth
Loan and deposit growth in the Kingdom’s crowded financial sector remained high during the first half of the year, a result of sound macroeconomic...
Bank association, Visa to implement EMV standards
To strengthen security in digital transactions, the Association of Banks in Cambodia (ABC) and Visa yesterday signed an agreement enabling the use of the...
Untapped Insurance Funds Could Help Capital Market
The dearth of investment options in the local capital market has prompted insurers in Cambodia to rely on underwriting for profits instead of investment returns,...
IMF: Make Youth A Demographic Dividend
The International Monetary Fund says Cambodia’s young population compared with other regional countries will be a driving force for financial development and contribute to...
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...
