The Cambodia Rice Federation (CRF) has asked the Agriculture and Rural Development Bank (ARDB) to release more funds and requested an extension to the loan cycle repayments, blaming an adjustment in the harvest season. ...

The Agriculture Community Group stated that Royal Government’s financing assisted farmers in Battambang and expanding the cultivation of vegetables grown in netted green houses. ...

Cambodia Rice Federation (CRF) members have received about $50 million in loans for working capital to buy paddy from farmers during the ongoing early-rice, or summer-autumn harvest season, which is expected to yield nearly three million tonnes, according to a senior CRF official. ...

Cambodia is among the East Asian and Pacific (EAP) countries set to receive financial support from the World Bank to underpin a resilient post-Covid-19 economic recovery, fuelled by solid vaccination progress, the Washington-based development lender’s president told The Post. ...

A total of $54 million in loans have been disbursed to tourism-related businesses through the state-owned Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank)’s Tourism Recovery Co-Financing Scheme as of July this year. ...

The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) are working together with members over the allegation on suicides and attempted suicides due to over-aggressive handling by loan officers in Ratanakkiri recently. ...

The Credit Bureau of Cambodia (CBC) is celebrating a decade of providing the invaluable service of credit reporting in Cambodia, creating a financial system when giving out loans. ...

The General Department of Tax (GDT) of the Ministry of Economy and Finance has asked tax payers to follow the official exchange rate issued by National Bank of Cambodia (NBC), in a move to strengthen tax collection efficiency. ...

National Bank of Cambodia (NBC) and the Ministry of Health announced the linking of Covid-19 vaccination information of individuals to the Bakong payment system. ...

The National Bank of Cambodia (NBC) and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MOU) to promote cross-border payments and remittances between Cambodia and India. ...

The rice industry has applauded government plans to invest an additional $100 million in the near future, towards ramping up production of the grains as well as the procurement of paddy for export-oriented processing. ...

Loans issued by the state-run Agriculture and Rural Development Bank (ARDB) have contributed towards stabilising the market price of rice apart from enhancing processing facilities and boosting exports, according to Aun Pornmoniroth, the Deputy Prime Minister and Minister of Economy and Finance. ...

National Bank of Cambodia (NBC) governor Chea Serey announced an increase in electronic transactions and payments in Cambodian riel for 2023, noting that they were 44% higher than in 2022. ...

Cambodia boasts one of the youngest populations in Southeast Asia, with youth under 30 making up nearly 68 percent of the total number of people in the country, according to the United Nations. And its young demographics and relatively cheap labor are just a few of ...

Cambodia’s highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve’s latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior ...

The National Bank of Cambodia (NBC) said in its mid-year report the country’s real economic growth will average seven percent this year, with strong contribution from the agricultural, industrial and services sectors. ...

Foreign direct investment (FDI) to Cambodia over a 20-year period – from 1994 to 2014 – is estimated to have reached $19.2 billion and was heavily weighed by inflows of capital from China, according to the first-ever comprehensive survey on FDI, released yesterday. ...

Revenue collected by the customs and excise department jumped nearly 20 per cent during the first six months of the year, compared with the same period a year earlier, figures released yesterday show. ...

The government plans to borrow an additional 1 billion through Special Drawing Rights (SDR), or $1.4 billion, to meet its planned budget for next year, bringing the total national debt to $7.6 billion by the end of 2018 compared to the current level of $6.2 ...

The National Bank of Cambodia (NBC) has made it clear that the whole microfinance industry should not be held accountable for some of the unregulated microloans that are pushing people deeper into debt. ...