The Asian Development Bank (ADB) will provide nine poor rural provinces in Cambodia with year-round access to markets and social services through a 118 million U.S. dollars project to provide a safer, cost-effective rural road network, the Bank said in a press statement on Monday. ...

Italy’s Ministry of Economy and Finance has confirmed the country’s intention to become a member of the China-led Asian Infrastructure Investment Bank (AIIB), despite pressure from the US on its western allies not to join. ...

China’s newly proposed, yet controversial, regional investment bank could be an opportunity for Cambodia to​ prove it can use foreign aid more effectively, a Cambodian Fulbright scholar says. ...

With 35 nations signing on as founding members, Beijing-based Asian Infrastructure Investment Bank (AIIB) has a reported US$50 billion foundation from which it plans to spur infrastructure growth in developing Asian countries with projects that include hydroelectric facilities.​ ...

The governor of the National Bank of Cambodia hit out at unlicensed microfinance institutions or lenders, who he said were the reason why interest rates in the sector were high, despite interest rates falling among registered lenders. ...

Bank deposits and loans during the first half of this year grew significantly as compared with the same period in 2014, with loans alone increasing over 30 per cent, drawing mixed reactions from industry insiders on the risks of this rapid credit growth. ...

Japanese lender Mizuho Bank Ltd will provide a $55 million loan to refinance a project for power transmission line operator Cambodian Transmission Ltd (CTL), it said in a press release on Wednesday. ...

Prudential Cambodia Life Insurance (Prudential Cambodia) and PPCBank have announced a joint collaboration, Bancassurance, to serve the financial protection needs of Cambodians. ...

The National Bank of Cambodia has issued a notice to Banks, microfinance institutions and exchange traders to participate in the auction of US $50,000,000 for October 12, 2021. ...

Cambodia was among the Greater East Asian countries hardest hit by the Covid-19 pandemic. However meaningful steps to spur domestic investment, greater productivity among businesses and workers, and a more diversified export portfolio will be key to regain sustained economic growth, according to the World ...

The National Bank of Cambodia (NBC), the central Bank, welcomed the Bank for International Settlements’ (BIS) February 25 launch of the Asian Green Bond Fund, an open-ended fund for central Bank investments in high-quality bonds issued by sovereign states, international financial institutions and corporations. ...

The Ministry of Mines and Energy and the Japan International Cooperation Agency (JICA) signed a memorandum of understanding (MoU) on April 29 on the implementation of a project to prepare the Kingdom’s transition to clean energy and a roadmap to carbon neutrality. ...

Cambodian government has raised $10.15 million from government bond as of the third quarter of this year. ...

The Chinese state-owned firm Danong Agricultural Development Group plans to invest $12.7 billion in Cambodia to transform the latter’s agriculture into digital smart agriculture, stock and regional transit hub for agricultural products that will produce different agricultural products to the Chinese market, said an official ...

A report published by the World Bank on November 28 states that Cambodia’s national poverty rate fell by almost half between 2009 and 2019, but the Covid-19 pandemic recently reversed some of the poverty reduction progress. ...

Small business loans are dominating banks’ loan balances, with the average borrower in Cambodia lending between $2,800 and $9,600 – a 250 percent increase. ...

The World Bank says Cambodia has one of the fastest increases in financial inclusion among developing economies in East Asia and the Pacific. ...

Rising non-farm earnings, such as tourism, garment and construction sectors, helped to cut Cambodia’s national poverty to 17.8 percent from 33.8 percent between 2009 and 2019, the World Bank’s latest poverty assessment report for Cambodia stated. ...

The World Bank in a report has estimated that some 460,000 people in Cambodia have fallen below poverty income thresholds since the onset of COVID-19 in 2020. ...

The State Bank of Vietnam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100 percent-owned Bank in Cambodia on the ground of its branch in Phnom Penh. ...