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...

SME Bank to launch in Cambodia

According to reports in the local Cambodian media, SME Bank will launch in 2020 with an initial capital of $100 million and provide financing...

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...

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...

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...

Gearing Up For NBC’s New Interbank Transfer System

The National Bank of Cambodia (NBC) launches today its much-awaited interbank transfer system, known as FAST in industry circles. The new system aims at...

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...

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...

Government Bonds To Enter Market By 2022

The government on Friday reiterated its intention of issuing sovereign bonds, and said they will become available to investors in the next four to...

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...

NBC and Visa Form Alliance To Advance Financial Literacy

The National Bank of Cambodia and Visa recently signed a memorandum of understanding for continued partnership on initiatives to improve the financial literacy of Cambodians,...

Blackwell Global Now Operating In Cambodia

Multi-asset brokerage Blackwell Global, with main offices in Cyprus, Hong Kong, New Zealand and the United Kingdom, yesterday started their business in Cambodia after...

More Tax Revenue Needed To Cover Spending, Says IMF

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...

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...

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...

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...

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...

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...

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...

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...

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...

$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...

Evergreen Assets Management to expand into Cambodia

Evergreen Assets Management (Evergreen AM) has engaged Passion Venture Capital Pte Ltd, to successfully set up a new fund to raise up to...

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...

Banking Top Sector For Recent Graduates: Everjobs

The banking sector was Cambodia’s top hiring industry during the second quarter of the year, according to a report by Everjobs Cambodia, an online...

Cambodian MFI Sector In Goldilocks Zone

Mekong Strategic Partners, an investment, corporate advisory, and risk management firm covering the Greater Mekong Region, has issued its latest report detailing the current...

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 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...

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...

SME Bank of Cambodia: SME Co-Financing Scheme

The SME Bank of Cambodia was officially launched by the Ministry of Economy and Finance on Friday 3rd April 2020. Small and medium enterprises...

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...

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...

Cambodia launches Financial Management Information System (FMIS)

The Kingdom of Cambodia has launched a new Financial Management Information System (FMIS), which together with a tax data management system, intends to streamline...

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...

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...

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...

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...

South Korean Firm Eyes Local MFI

South Korean firm NongHyup Financial Group has announced its intentions to expand its presence in Southeast Asia through a series of acquisitions, with Cambodia...

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...

Ministry Urges SMEs To Join CSX

The government has called on local small and medium-sized enterprises (SMEs) to list on the stock exchange as a way of enhancing access to...

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,...

Riel Usage Up, Skepticism Remains

Use of the local currency, the Riel, has surged in the first half of the year, as shown by a biannual report recently released...

Transferring Money Across The Kingdom

In place of formal bank accounts, many Cambodians rely on alternative payment systems to transfer money and pay utilities. Given that 94 percent of...

Report On New Financial Services Tax Debunked

Tax officials have denied local media reports of a new value added tax (VAT) on financial service users, saying the government had not set any...

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...

National Bank Of Cambodia Reports Lending Surge In 2012

Lending by commercial banks in Cambodia grew by more than one-third last year, according to figures provided by the National Bank of Cambodia (NBC)...

Dhipaya Insurance looks to enter Cambodian market

Thailand based, Dhipaya Insurance, is looking at potentially entering the Cambodian market via a joint venture firm, to operate life and non-life insurance, in...

GDP to grow at 7.1 pct in 2019

The Cambodian Central Bank said economic growth remains robust so far this year and forecast that gross domestic product will expand by 7.1 percent...

Acleda Aims For Full Digitalisation Of Branch Offices

Acleda Bank, one of the biggest commercial banks in Cambodia, aims to have all its branch offices in Cambodia fully digitalised in the near...

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...

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...

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...

Credit Reporting Knowledge Boosts Cambodian Tourism SME Growth

The Credit Bureau Cambodia (CBC) and Cambodia Tourism Association (CATA) held a mutually beneficial workshop in Siem Reap to broaden the understanding of credit...

Sihanoukville Autonomous Port Aims High For IPO

Following a bookbuilding exercise that received a marked response from institutional investors, Sihanoukville Autonomous Port (SAP) yesterday announced a share price of 5,040 riel ($1.26)...

The Business Of Banking In Cambodia

If you are serious about your company in Cambodia, then you are ready to open a business bank account here to manage your finances....

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 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...

Economic Growth In Thailand For Q4 Falls Short Of Expectation

Thailand’s economy expanded less than expected in the last quarter of 2016 and the government left its forecast for growth this year unchanged, indicating...

Loans and deposits see ‘solid’ growth: Central bank

In the first half 2018, the local financial sector continued the strong growth that has characterised the industry in recent times, with commercial banks...

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...

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...

Ministry Launches Online Platform For Trademark Registration

A new online trademark registration gateway allowing individuals and companies to register trademarks in Cambodia was launched yesterday by the Ministry of Commerce. Applicants can...

Phum Impact encourages Cambodian provincial entrepreneurship

Phnum Impact is being launched to promote entrepreneurship in Cambodian cities and rural areas and is formed by Impact Hub Phnom Penh, with funding...

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...

Realestate.com.kh Year-End Property Sale 2020

Realestate.com.kh has announced the sixth edition of its property event series, the Year-End Property Sale 2020, will be held at The Premier Center in...

TADA completes Series A funding

TADA, the ride-hailing app operating in Cambodia, which also recently introduced delivery services, has completed its Series A funding for an undisclosed amount. TADA is...

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...

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...

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...

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...

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...

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...

Maybank Cambodia Hosts Event To Boost Banking Talent Development

A first-of-its-kind event to help accelerate the development of skilled talent and create a sustainable pipeline of human capital for the country’s banking industry...

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...

BRED Bank Bringing European Standards To Cambodia

France’s BRED Bank, one of the largest lenders in Europe, officially opened its first branch in Cambodia yesterday with $30 million in investment capital,...

Tourism Startups To Be Boosted By New Regional Platform

A new platform called the Mekong Innovative Startup Tourism (MIST), aimed at developing tourism sector startups across the CLMV region (Cambodia, Laos, Myanmar and...

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 Tax Rates 2020

The Cambodian Ministry of Economy and Finance has revised the tax rates for all business owners and employees in Cambodia in 2020. According to a...

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 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...

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,...

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...

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:...

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...

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...

National Bank Projects 7 Pct Economic Growth In 2019

In 2019 the Kingdom’s economy will grow at a rate of 7 percent, according to the nation’s Central Bank, who noted in its latest...

Frontier Innovators Applications Open

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

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...

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...

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...

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...

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...

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...

SME Confidence Falls As Big Business Stands Firm: Report

Cambodia’s business confidence index fell by seven percentage points from last year due to global competition, perceived political instability, and a bearish climate due...

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...

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...

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...

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...

Cost Of New Bank Service Tax May Be Passed On To...

A prakas issued by the Ministry of Economy and Finance on May 25, that more clearly defines the government’s laws for nontaxable supplies of...

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...
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