The Bakong system, the interbank transaction platform of the country launched by the National Bank of Cambodia (NBC), has helped with the de-dollarization efforts of the central bank through payments using KHQR and also by promoting cross-border payments.​​ ...

About 20 leprosy patients have been treated at a rehabilitated and expanded wing of the Battambang Provincial Referral Hospital, the second hospital to offer professional treatment for leprosy patients in Cambodia. “We have two doctors and one nurse who specialize in leprosy treatment, and in the ...

Cambodian’s will soon be able to make near-instant payments via a new blockchain payment platform being launched under a system called Distributed Ledger Technology (DLT) that will “ultimately undermine the popularity of the US dollar”, according to the Kingdom’s central bank director. ...

As the deadline draws close for commercial banks and microfinance institutions to send back smaller dollar banknotes to the National Bank of Cambodia without a service charge, businesses are seeing an increase in the use of the riel transactions with no real complaints from shoppers. ...

Visa Inc. is one of several international digital payment firms who have said they are committed to supporting the government and the National Bank of Cambodia (NBC) in their de-dollarisation mission. ...

American Stock Exchange-listed Entertainment Gaming Asia Inc has announced it will build and operate a slot hall as an addition to an existing casino in Poipet city on Cambodia’s border with Thailand, according to a company statement. ...

Economists on Tuesday lambasted the CNRP’s proposal to eliminate the use of U.S. dollars for transactions in the country within one year of a victory in next year’s national elections, saying the policy would be “a disaster” and “impossible.” ...

Cambodia launched its first full-scale public neuroscience centre at Calmette Hospital in the capital yesterday. The $10.8 million, 90-bed Centre De Neurosciences – complete with a neurosurgical ward and research unit – will seek to treat patients regardless of their ability to pay. ...

The Agence Française de Développement or French development Agency (AFD) plans to open a technical branch in Cambodia and increase its assistance in developing electricity networks in its renewable electricity sub-sector. ...

A memorandum of understanding (MoU) was signed on Friday between Chea Serey, Governor of the National Bank of Cambodia (NBC) and Natia Turnava, Acting Governor of the National Bank of Georgia (NBG) to strengthen financial cooperation for reducing dollarisation. ...

The government plans to create “cheque de vacances” or holiday vouchers by 2017 to encourage middle-income Cambodians to travel within the country, according to an official from the Ministry of Tourism yesterday. Chhay Khunlong, deputy director-general of tourism at the ministry, said holiday vouchers will enable ...

Minister of Agriculture, Forestry and Fisheries Dith Tina on January 19 met with French Development Agency (AFD) country director for Cambodia Sandrine Boucher to pitch a potential new project that could turn ordinary fishermen into bona-fiDe aquaculture traDers. ...

Cambodia has seen a big jump in the use of local currency Riel over the past two decades, National Bank of Cambodia (NBC)’s Governor Chea Serey said here on Friday. ...

The Agence Française de Développement (AFD) opened its office in the capital in September 1993. Today, the AFD provides direct funding in the field of agriculture and agro-industry, infrastructure development, manufacturing sector and vocational training. Since 1993, the AFD has given grants of more than ...

The French Development Agency (AFD) has proviDed an additional €2 million ($2.19 million) to the ECOMORE II project, to assist Cambodia and the regions direct response to the COVID-19 epiDemic. ...

Cambodia imported iron and steel worth $281.06 million last year, down 41.11 per cent from 2019’s $477.26 million and exported $6.20 million, rocketing 351 per cent from $1.37 million, according to the Ministry of Commerce. ...

A $20 million agreement has been signed to boost climate resilience in Cambodia and the sustainability of marine and coastal fisheries. ...

The Agence Française de Développement (AFD) has re-asserted the Public development Banks’ (PDB) involvement in green public finance management during the latest visit to Cambodia by Rémy Rioux, Chief Executive Officer of the French development Agency and President of FICS (Finance In Common Summit). ...

Malnutrition costs the Cambodian economy an estimated $266 million each year, according to a new report, which urged the government to invest more in tackling the problem.   ...

A program to provide credit to people to buy home solar panels is set to launch this month after three microfinance organizations agreed to sign on, said Arjen Luxwolda, managing director of solar provider Kamworks. ...