The National Bank of Cambodia (NBC) will proceed with another auction process for the Ministry of Economy and Finance (MEF) to borrow about $50 million from investors for the second time of the government’s plan of issuance for a longer period of time of repayment ...

Container shipping in Cambodia and Vietnam had the lowest port turnaround times in ASEAN in June last year with both countries scoring averages of 0.9 days, the World Bank says. ...

E-payment trends in Cambodia have significantly consolidated in recent years as more and more people transition from cash-based to digital transaction options, the National Bank of Cambodia (NBC) reaffirmed in a recent report. ...

National Bank of Cambodia deputy governor Chea Serey clarified on July 16 that a recent memorandum of understanding with China’s UnionPay was not an agreement to legalise the Chinese yuan in the Kingdom or the Cambodian riel in China. Rather, it permits mobile payments using ...

The National Bank of Cambodia’s (NBC) recent two-pronged prakas on capital buffers and the capital adequacy ratio (CAR) of Banking and other deposit-taking institutions, which aims to provide a clearer classification system for assets, is poised to strengthen the industry and enhance risk resilience, local ...

The National Bank of Cambodia (NBC) has announced the enforcement of regulations on capital buffer and on credit risk for capital adequacy ratios (CAR) for Banks and deposit-taking microfinance institutions (MFIs). These measures aim to bolster the management of diverse risks, it said. ...

According to a statement from the World Bank on November 22, to assist Cambodia in its efforts to strengthen water and sanitation services, the project will reach more than 175,000 people in the target provinces of Battambang, Pursat, Mondulkiri and Kandal. ...

Showing a shift in mindset, more Cambodians are now taking loans from microfinance institutions (MFIs) over home needs than for farming. ...

In the age of digitalisation, banks play a crucial role in safeguarding the money and information of both people and businesses. However, as Cambodia embraces this digital revolution, the Kingdom also makes itself vulnerable to the constant danger of cyberattacks and breaches, putting financial data ...

Education across Cambodia is set to receive a boost after the World Bank gave the green light for $79.5 million in additional financing to expand activities that are improving access to quality education nationwide. ...

Credit cards in Cambodia have grown 20 percent in 2023, showing that customers have become more savvy in using new financial instruments. ...

Despite an economic forecast of 6.5 percent growth for Cambodia this year, the International Monetary Fund (IMF) warned in a report released Monday that the government must continue to develop infrastructure, increase public revenues and practice fiscal safeguarding in order to sustain growth in the ...

Almost $500 million a year was taken out of Cambodia in “illicit financial flows” between 2001 and 2010, a report released yesterday in the U.S. claims. People in the Cambodian finance sector, however, expressed doubts about the accuracy of the figure, which appears in a report ...

In its first two months of regular operation Cambodia’s first civil aviation training centre has provided certificates to dozens of aviation officials and airport staff, helping to raise the skill level of personnel in the Kingdom’s fast-expanding aviation sector. ...

Cambodia is expecting a shipment of military vehicles donated by South Korea, according to a sub-decree. The Ministry of Finance in December released about $1 million to the Defence Ministry to cover the equipment’s transportation, it says.​ ...

On 25 March 2021, the Korea International Cooperation Agency (KOICA) issued a press release on the provision of a $2-million grant to formulate a master plan of eastern Mekong Delta-IWRM (Integrated Water Resources Management) in Cambodia. This project aims at mitigating the damages caused by ...

Despite the Cambodian Stock Exchange (CSX) getting off to a sluggish start over the past three years, local university students are seemingly already on the way to becoming good stock-pickers. The winners, two students from Zaman university who went by the team name of Dark ...

In the past month, ratings agency Moody’s has downgraded its outlook for two of Cambodia’s largest commercial banks. On September 2, Acleda bank’s performance outlook went from “stable” to “negative” due to risks associated with rapid credit growth and a drain on local currency by depositors. ...

Two weeks since the central bank launched its FAST system, which provides instant riel-denominated fund transfers between banking institutions, operations are running smoothly, with usage of the new electronic payment system expected to pick up as it integrates more customers.   ...

Industrial and Commercial Bank of China (ICBC), the world’s largest Bank by assets, said on Tuesday it has been approved by National Bank of Cambodia as a clearing Bank for the Chinese yuan currency in the country. ...