Chinese firm Huaxin Cement Co has purchased a 40 per cent stake in Cambodia Cement Chakrey Ting Factory Co, a cement-making factory currently under construction in Kampot province. Huaxin’s $24 million investment Cambodia Cement lifted the local factory’s working capital to $60 million, up from $32 ...

The Asian Development Bank (ADB) announced Monday that it would provide over 800 million U.S. dollars in concessional finance to Cambodia over five years to support the Southeast Asian nation in economic development and poverty reduction. ...

The government has finished calculating the additional compensation it will pay out to some of the families forced to move for a $143 million railway rehabilitation project being funded mostly by the Asian Development Bank (ADB), according to a new report. The report, released this week ...

The National Bank of Cambodia and the Japan Financial Service Agency agreed yesterday to extend their cooperation on sharing experience and expertise in the areas of Banking and financial sector supervision in the Kingdom. ...

The Phnom Penh Municipal Court on Tuesday charged an employee of the Foreign Trade Bank of Cambodia over the theft of $1.6 million from the firm, a police official said. ...

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 ...

On 02 July 2020, the ACLEDA Bank Plc. issued a statement to the public as well as to the​ Cambodian​ Alliance​ of​ Trade​ Union​ (CATU),​ Center​ for​ Alliance​ of​ Labor​ and​ Human​ Rights​ (CENTRAL),​ and​ Cambodian​ Leauge​ for​ the​ Promotion​ and​ Defense​ of​ Human​ Rights​ ...

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. ...

On 19 October 2022, the Association of Banks and the Cambodia Microfinance Association has posted a joint statement on the understanding and favor to borrowers affected by the flood. According to the joint statement, the two associations agree to provide good cooperation within the framework of ...

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 ...

On 24 March 2023, the Ministry of Commerce and the National Bank of Cambodia posted a press release regarding the Press release on the implementation of the Law on Consumer Protection and Prakas on unfair contract clauses in the Banking and financial sector on their ...