Mr Hun Sen urges MFIs to sympathise with debtors’ difficulties
Prime Minister Hun Sen has reiterated his appeal to all financial institutions not to take tough actions against debtors as they (debtors) faced difficulties in repaying loans amid the COVID-19 pandemicwhich is wrecking havoc on the economy. ...
Ben Sokhean
https://www.khmertimeskh.com/50755539/mr-hun-sen-urges-mfis-to-sympathise-with-debtors-difficulties/
Book published on history of Kingdom’s microfinance industry
National Bank of Cambodia yesterday launched a book called “Building Inclusive Finance”. It traces the development of microfinance in Cambodia from its origins in rural development programmes in the early 1990s to the globalised industry it is today. The book was written by Ron Bevacqua, ...
Sok Chan
https://www.khmertimeskh.com/50762147/book-published-on-history-of-kingdoms-microfinance-industry/
Financial leniency urged for buyers of boreys, condos
The government on March 22 issued a plea to developers of borey gated-communities and condominiums in Cambodia to ease some of the financial pressure facing customers to pay monthly installments until the end of March 2022, in light of the Covid-19 pandemic. ...
Hin Pisei
https://www.phnompenhpost.com/business/financial-leniency-urged-buyers-boreys-condos
Payments balance up Kingdom sees a 1.7 percent surplus in 2020
The Kingdom’s balance of payments (BOP) saw a 1.7 percent surplus compared with its gross domestic product (GDP) in 2020 with growth supported by the in-flow of foreign direct investments and exports, according to a report from the National Bank of Cambodia (NBC). ...
Microfinance sector grows at 20% by end of 2022
Cambodia’s microfinance sector recorded over 20 percent growth both in terms of loans and deposits by the end of 2022 compared to the same period in 2021, despite the Covid-19 pandemic and the war in Ukraine, according to the Cambodia Microfinance Association (CMA). ...
Sok Sithika
https://www.khmertimeskh.com/501209879/microfinance-sector-grows-at-20-by-end-of-2022/
Cambodia, Laos, Myanmar and Vietnam to grow stronger this year, says Thai bank
The Economic Intelligence Centre of the Siam Commercial Bank forecasts the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, will gain a stronger growth momentum in 2023, but remain below its growth potential prior to the COVID-19 outbreaks. ...
Khmer Times Staff
https://www.khmertimeskh.com/501231435/cambodia-laos-myanmar-and-vietnam-to-grow-stronger-this-year-says-thai-bank/
Neighbours boost cross-border financial ties
Cambodia and Thailand have reaffirmed their commitment to bolster financial collaboration, with a particular emphasis on enhancing cross-border payments to stimulate trade, tourism and investment. ...
May Kunmakara
https://www.phnompenhpost.com/business/neighbours-boost-cross-border-financial-ties
Cambodia applauds ADB’s commitment and contribution to Cambodia’s economic growth
Deputy Prime Minister and Minister of Economy and Finance, Dr Aun Porn Moniroth met with Winfried Vicklen, Director General of the Asian Development Bank (ADB), on his visit to Cambodia from October 9 to10, 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501375256/cambodia-applauds-adbs-commitment-and-contribution-to-cambodias-economic-growth-2/
ADB signs $140m loan agreement to boost skills and public services
The Asian Development Bank (ADB) signed two loan agreements with the Ministry of Economy and Finance on Tuesday for a total of $140 million to boost the quality of Cambodia’s workforce through technical and vocational education and training (TVET) and improve public service delivery by ...
Thang Sinorn
https://kiripost.com/stories/adb-signs-140m-loan-agreement-to-boost-skills-and-public-services
Waste management project takes shape
The Ministry of Environment, in collaboration with the World Bank, is poised to launch a project aimed at managing solid and plastic waste in five provinces in the near future. Discussions are underway to expedite the project’s implementation. ...
Bor Pich Zelin
https://phnompenhpost.com/national/waste-management-project-takes-shape
ADB approves $32.5 mln to Cambodia for improving health services for migrants
The Asian Development Bank (ADB) has approved $32.5 million in financing to Cambodia for improving access to quality health services in northwest Banteay Meanchey province, the Manila-based lender said in a statement on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501172365/adb-approves-32-5-mln-to-cambodia-for-improving-health-services-for-migrants/
Cambodia’s agricultural sector immune to impacts of Covid
Cambodia’s agriculture sector has been immune from Covid-inflicted impact and enjoyed strong growth during the pandemic as financing for the sector has increased, a leading banker said on Friday. ...
Thai Sothea
https://kiripost.com/stories/cambodias-agricultural-sector-immune-to-impacts-of-covid
Cambodia’s SMEs battle string of challenges
The Director General of the National Bank of Cambodia, Chea Serey, said on Thursday that Cambodian SMEs face a number of challenges that range from a lack of human resources and market capitalization, to access to credit. ...
Mao Sreypich
https://kiripost.com/stories/cambodias-smes-battle-string-of-challenges
Press release on the memorandum of understanding (MoU) on "Cross border payment and remittance cooperation" between the National Bank of Cambodia and NPCI International Payments Limited
On 17 April 2023, the National Bank of Cambodia issued a press release on the memorandum of understanding (MoU) on “Cross border payment and remittance cooperation” between the National Bank of Cambodia and NPCI International Payments Limited.H.E. Dr. Chea Serey, Deputy Governor of the National ...
National Bank of Cambodia
ADB warns Cambodia’s growth will be stunted by climate change
Cambodia’s long term economic growth faces significant threats from climate change and could dampen prospects for becoming an upper-middle income country in the coming years, according to the Asian Development Bank (ADB) report issued last week. ...
Sorn Sarath and Runn Sreydeth
https://cambojanews.com/adb-warns-cambodias-growth-will-be-stunted-by-climate-change/
ADB prepare $200M water package
The Ministry of Water Resources and Meteorology and representatives of the Asian Development Bank (ADB) met for talks on June 27 to discuss long-term investment in projects that would support the ministry’s crucial functions. Following negotiations, the ADB prepared a new $200 million package of ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/adb-prepare-200m-water-package
Battambang town opens new landfill
A nearly 21ha landfill in Ta Kream commune’s Poi Svay village of Battambang province’s Banan district was inaugurated on March 20 as part of the second “Urban Environment Management in the Tonle Sap Basin” project, which is being funded through a loan from the Asian ...
Yuth Vireak
https://www.phnompenhpost.com/national/battambang-town-opens-new-landfill
Cambodia to receive $60 million credit from World Bank for solid waste, plastics management
The World Bank has approved a $60-million to Cambodia to support the kingdom’s improvement of solid waste and plastics management, according to its press statement on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501289233/cambodia-to-receive-60-million-credit-from-world-bank-for-solid-waste-plastics-management/
NBC calls for more UK investment, exports
National Bank of Cambodia (NBC) assistant governor Chea Serey on February 7 proposed that British businesspeople ramp up their investments in Cambodia and buy more local goods, to strengthen bilateral economic relations and stimulate recovery in the Southeast Asian country following a downturn linked to ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-calls-more-uk-investment-exports
