Project aims to strengthen safe finance in communities
The National Bank of Cambodia (NBC) and Cambodia Microfinance Association (CMA) have rolled out a pilot campaign to promote financial literature, consumer empowerment and protection in Cambodian communities. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-project-aims-to-strengthen-safe-finance-in-communities
Central bank, CMA roll out local-level ‘safe finance’ plan
The Kingdom’s central bank and the Cambodia Microfinance Association (CMA) have jointly launched a project aimed at promoting financial literacy, consumer empowerment and consumer protections at the community level. ...
Yuth Vireak
https://www.phnompenhpost.com/business/central-bank-cma-roll-out-local-level-safe-finance-plan
NBC disseminates financial inclusiveness in Kampong Cham
The National Bank of Cambodia (NBC) on Thursday last week disseminated the country’s microfinance industry to local authorities in a district in Kampong Cham province mainly to promote financial literacy, increase financial inclusiveness and enhance protection of Banking and financial service consumers, said a release ...
Kang Sothear
https://www.khmertimeskh.com/501262574/nbc-disseminates-financial-inclusiveness-in-kampong-cham/
CBC’s CEO talks digitalization, alternative data and financial health checks
Cambodia cemented itself as a regional leader in the finance sector when the nation signed a deal with Singapore in March to exchange consumer credit information. This marked the region’s first cross-border initiative between two countries’ credit bureaus. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-cbcs-ceo-talks-digitalization-alternative-data-and-financial-health-checks
World Bank report explores path to climate-resilient economy
The World Bank has launched the Cambodia Country Climate and Development Report (CCDR), which provides critical insights into the Kingdom’s response to climate change and its impact on development goals. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-world-bank-report-explores-path-to-climate-resilient-economy
NBC committed to promoting sustainable financing, says Serey
The National Bank of Cambodia (NBC) is committed to promoting sustainable financing, which has been categorised as one of the key priorities within the first phase of the Pentagonal Strategy, its Governor Dr Chea Serey said on Friday. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501404710/nbc-committed-to-promoting-sustainable-financing-says-serey/
NBC promote green finance
The National Bank of Cambodia (NBC) and the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) have entered into a memorandum of understanding (MoU) to promote sustainable finance in Cambodia. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-promote-green-finance
NBC injected $139 million to stabilise riel in 2023
The National Bank of Cambodia (NBC) sold $139.1 million through auction last year to stabilise the riel exchange rate and to rebound the economy, according to the central Bank’s report released on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501431035/nbc-injected-139-million-to-stabilise-riel-in-2023/
World Bank approves $79.5 million in financing to strengthen education in Cambodia
The World Bank’s Board of Executive Directors has approved an additional $79.5 million for the expansion of ongoing activities aimed at improving access to quality education throughout Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501498328/world-bank-approves-79-5-million-in-financing-to-strengthen-education-in-cambodia/
Graduates lacking skills: report
EVEN though about 50 per cent of Cambodian university students studied business management, the banking sector has been hesitant to recruit them, insiders said yesterday. A 2010 report by the recruitment agency HRINC (Cambodia) projected that the supply of business, marketing, management, banking and finance, economics ...
http://www.phnompenhpost.com/2013030561746/Business/graduates-lacking-skills-report.html
Government Mulls Issuing Sovereign Bonds
Cambodia is considering offering sovereign bonds to raise more revenue for the national budget and move away from its dependence on overseas aid, a senior central bank official said Sunday. National bank of Cambodia director-general Nguon Sokha said the Ministry of Economy and Finance was currently ...
http://www.cambodiadaily.com/business/government-mulls-issuing-sovereign-bonds-21989/
July’s Failure Looms as Cambodia Prepares for Major Regional Summits
As Cambodia prepares to host a series of top-level meetings in Phnom Penh next week, questions remain over how it will approach major issues such as the South China Sea. Analysts now say next week’s meeting will be a test of whether Cambodia will continue ...
http://www.voacambodia.com/content/july-failure-loos-over-asean-summit/1545084.html
KR Banking Chief Says Institution Was Sham
On his first day of questioning at the Khmer Rouge tribunal yesterday, Sar Kim Lomouth, the deputy director of the State Bank of Democratic Kampuchea, described how the national financial institution was nothing but a charade during the Pol Pot regime. Currency had been abolished and financial transactions eliminated under ...
Korea to invest $4 mil. to restore Cambodian temple
Korea will use its first Official Development Assistance (ODA) for the preservation and restoration of foreign cultural properties to restore ancient Cambodian temples. According to the Cultural Heritage Administration (CHA) and the Korea International Cooperation Agency (KOICA), Korea will invest $4 million in ODA to Preah ...
Kwon Mee-yoo
http://bit.ly/1y7tTTd
Renewed US Interest in Region Puts Cambodia in Tough Spot, Analysts Say
The US “pivot to Asia,” which will be punctuated next week with the Cambodian visit of US President Barack Obama, will likely put Cambodia in a tough spot in the region, caught between the renewed focus of the United States and the increased influence of ...
SECC signs deal for better governance
Cambodia’s securities regulator signed a memorandum of understanding with the International Finance Corporation (IFC) yesterday for technical assistance on corporate governance standards and practices in the Cambodian capital market. ...
Post Staff
http://www.phnompenhpost.com/business/secc-signs-deal-better-governance
Forum on financing to be held in Phnom Penh
Five international financial institutions will join forces with the National Bank of Cambodia (NBC) to hold the 1st Mekong Financial Inclusion Forum in Phnom Penh in July to explore and discuss the differences, similarities and opportunities for achieving financial inclusion in this unique region. ...
May Kunmakara
http://www.khmertimeskh.com/news/24603/forum-on-financing-to-be-held-in-phnom-penh/
NBC survey shows riel perceptions
The central bank released its first-ever national study yesterday on perceptions and usage of the riel and foreign currencies in Cambodia, which aimed at not only understanding existing trends, but also at steering future financial legislation to boost the circulation of Cambodia’s national currency. ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/nbc-survey-shows-riel-perceptions
Credit Bureau Cambodia expands database, makes switch to riel
The credit histories of about 400,000 borrowers were added to its database last year, raising the number to slightly more than 4 million in credit bureau database, Credit Bureau Cambodia Interim CEO Mr. Oeur Sothearoath says at the bureau’s newly opened office in Vattanac Capital. ...
Khmer Times
http://www.khmertimeskh.com/news/36598/credit-bureau-cambodia-expands--database--makes-switch-to-riel/
NBC meet set to shape post-Covid economy
The National Bank of Cambodia (NBC) will host its seventh Annual Macroeconomic Conference under the theme “Discussion of Cambodia’s Economic Development Models” to gather input from academics, researchers, industry insiders and economists about how to structure the economy in a post-Covid-19 world. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-meet-set-shape-post-covid-economy