Cambodia is still among the 10 most at-risk countries in the world for money laundering and terrorist financing, despite being one of two countries that saw the greatest improvements, according to an annual global index released Tuesday. ...

Cambodia is still among the 10 most at-risk countries in the world for money laundering and terrorist financing, despite being one of two countries that saw the greatest improvements, according to an annual global index released Tuesday. ...

The government yesterday launched a $50million special fund for small and medium Enterprise (SMEs) to boost competitiveness, productivity and daily business operations amid the impact of the pandemic Covid-19 and a 20 percent withdrawal of zero tariffs under the EU’s Everything but Arms (EBA) trade ...

Prime Road Alternative (Cambodia) Co Ltd will soon break ground on a 60MW solar power plant in southwestern Kampong Chhnang province valued at $37.4 million. ...

The Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country (LDC) status by 2028, according to the commerce minister on March 14. ...

The World Bank in its Cambodia Economic Update issued earlier this month said that the country’s Cambodia’s exports to the United States are more diversified than those to the EU. ...

Global leaders in the finance sector are slated to gather in the Cambodian capital in September when Phnom Penh hosts the SME Finance Forum. ...

The Royal Government of Cambodia (RGC) yesterday entered into an agreement with the Asian Development Bank (ADB) to borrow $140 million on concessional terms to implement two programs that are consistent with Pentagonal Strategy-Phase I, said the press releases issued by both parties. ...

Train operator Royal Railway Plc, a subsidiary of local conglomerate Royal Group of Companies Ltd, has received “approval in principle” from the Council of the Non-Banking Financial Services Authority (NBFSA) to issue a bond worth about $10 million on the Cambodia Securities Exchange (CSX), which ...

Bakong payment system infrastructure has increased remarkably and has contributed to the use of financial technology and innovations, the National Bank of Cambodia said on Monday. ...

Prime Minister Hun Sen has once again called on the people not to panic over the recent warning of the International Monetary Fund (IMF) and the World Bank over the risks of a global recession. ...

Total foreign direct investment (FDI) to the real estate sector peaked at $3.6 billion in the years preceding Covid-19, where half of the approved investments was backed by Chinese investors. In 2019 alone, FDI financing in the property and real estate development in Cambodia stood around ...

The central bank’s recent revocation of the operating licences of 104 rural credit institutions (RCI) – nearly half – should not have significant ramifications on the Kingdom’s wider financial system, industry insiders and observers have assured. ...

A project to strengthen financial literacy at the local level has been launched to promote knowledge related to finance, rights, and client protection as well as to increase clients’ access to formal financial services within communities. ...

The Ministry of Education, Youth and Sport (MoEYS) will promote the development of education in science and technology and focus on science, technology, engineering, and mathematics (STEM) skills in secondary schools. ...

Cambodian Prime Minister Hun Manet received yesterday in Hanoi Mr. PhanDucTu, Board Chairman of the Bank for Investment and Development of Vietnam (BIDV), during his stay in Vietnam for a two-day official visit. ...

 The Governor of the National Bank of Cambodia (NBC), Chea Serey, is encouraging companies and enterprise owners to offer salaries in riel, as the majority of Cambodian workers are paid in dollars. ...

Agricultural and Rural Development Bank (ARDB) and Asia-Pacific Rural and Agricultural Credit Association (APRACA) Thursday signed a Memorandum of Understanding (MoU) to create the Center of Excellence (CoE) to conduct research on green financing in agriculture in Cambodia. ...

The National Bank of Cambodia (NBC) on Thursday slammed a report on predatory lending in the Kingdom by local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT), which was released on Wednesday, as “flawed”. The report, entitled Collateral Damage, claimed that increasing levels of ...

The National Bank of Cambodia on Wednesday announced it is revoking the licenses of 11 rural credit institutions and rejecting license applications from 12 other credit organisations.​ ...