National Bank of Cambodia (NBC) governor Chea Chanto said on Monday that the Kingdom’s economy has maintained robust growth with low and manageable inflation which paves a favourable path for the banking sector’s continuous development. Meanwhile, fintech is playing an important role in the financial ...

The National Bank of Cambodia (NBC) will launch a Blockchain-based, peer-to-peer payment and money transfer platform in the next few months, its director-general Chea Serey told The Post on Monday. Dubbed ‘Project Bakong’, the scheme already has the support of 11 banks, with many more ...

With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. ...

Prime Minister Hun Sen has called on Chinese tech giant Huawei to continue to cooperate with the Ministry of Post and Telecommunications on training the local workforce and help Cambodia procure the latest technology to ensure cyber security and competition.   ...

Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing ...

The Minister of Posts and Telecommunications Chea Vandeth requested a Japanese association to open a digital technology training school in Cambodia for highly skilled Cambodians to work in Japan and participate in national development. ...

The National Bank of Cambodia (NBC) and the Economic Research Institution for ASEAN and East Asia have recently entered cooperation to develop a strategy for green digital finance in Cambodia. ...

Japan agreed to provide $384,817 in financial assistance to local organisations for projects in Phnom Penh, Kandal, Kampong Chhnang and Koh Kong. ...

Professor Muhammad Yunus, a Nobel laureate who is considered the founding father of microfinance, urged an assembled crowd at the Royal University of Phnom Penh yesterday to start thinking about creating so-called social businesses. “Charity money goes, and does wonderful work, but it doesn’t come back,” ...

Overseas Filipino workers in Hong Kong, Brunei and Cambodia who need to shuttle between these countries and the Philippines can now avail themselves of the multiple travel exit clearance (MTEC), according to the Philippine Overseas Employment Administration (POEA). The Memorandum Circular No. 7 issued by POEA ...

While financial technology, or fintech, has made little traction so far in Cambodia, panellists at a conference in Phnom Penh on Friday expressed confidence that the sector was poised for rapid growth.​ ...

A Cambodian startup was selected to take part in Startupbootcamp’s three-month fintech accelerator program in Singapore, becoming the second firm from the Kingdom to join the international program in as many years. ...

Cambodian women-led fintechs, technology or regulated financial institutions are among the enterprises eligible for the recently-launched Women Enterprise Recovery Fund to promote and expand their businesses, according to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP). ...

Cambodia ranked number 176 in the world in an index measuring the best places in the world to launch a tech startup, according to the first Draper Innovation Index (DII). ...

Investment capital firm Haystack Asia has acquired KhmerDev, an information technology company which was the first French-speaking IT service provider in Cambodia when it launched in 2001. ...

The locally owned Cambodia International Investment and Development Group (CIIDG) and China Huadian Hong Kong Co Ltd (CHDHK) are partnering to build two coal-fired power plants in Preah Sihanouk province. With capital investment of around $1 billion, the facilities will be able to produce some ...

Approximately US $75 million will be invested in Cambodia and Laos by Leopard Capital. The company will focus on financial service, agriculture and power. The 10 year fund is targeting annual returns of 25 percent and will favor renewable energy sources. ...

Cambodia’s Koh Russey Resort development project is aiming to attract large foreign investment by exhibiting in Hong Kong. The resort will showcase its properties and facilities at an exhibition from November 29 until December 1, according to the real estate company CBRE. Expert staff of all departments ...

Australia and New Zealand Banking Group Ltd, the country’s third-biggest lender, is keen to exit its holding in Cambodia and will look at wholly owned business models wherever regulations allow. “We got out of a relationship, a small relationship, in Vietnam. We would like to ...

COVID-19 has shaken the whole world and has changed our routines overnight. However, at ODC we believe that such bizarre days can also be an opportunity to learn from each other, strengthen relationships and discover new things.We encourage ODC users and ICT enthusiasts to participate ...