A new, government-owned life insurance company aims to provide a safety net for Cambodian families, according to In Meatra, director-general of the Cambodia Life Insurance Company Plc. Located on the 21st floor of Canadia Tower, Cambodia Life opened on May 21 and has 23 employees.  “Cambodia ...

Two global life insurers are opening offices in Cambodia, one of Southeast Asia’s few untapped insurance markets, as they strengthen their foothold in a region that could eventually be a key driver of revenue growth. Britain’s No. 1 insurer Prudential said on Monday it won in-principle ...

Canadian insurance and financial services company Manulife Financial officially launched its Cambodian country office on June 28, one of several new players seeking to enter one of Southeast Asia’s still-untapped markets. Britain’s No.1 insurer Prudential said last week it had approval from the Cambodian government to open a wholly foreign-owned life insurance operation. Manulife, the world’s ...

Thailand’s GL Finance Plc. launched its business in Cambodia on Friday by opening eight branches in Phnom Penh and Kandal province that will operate hire purchase operations out of Honda motorcycle dealership. Speaking during the opening ceremony for its branch in Phnom Penh’s Prampi Makara district, ...

The Bank of China launched the first dual currency international Bank card yesterday, part of a move to expand in the local market by offering both US dollar and Renminbi accounts on a single card. People can get the card for a deposit of US$10 at ...

Hattha Kasekar Limited (HKL), one of Cambodia’s largest microfinance institutions (MFI), plans to install 15 ATM machines to service its increasing number of depositors. It becomes the second MFI after Prasac in Cambodia to provide this service to its clients. ...

The Court of Appeal yesterday dismissed a complaint by the Canadian-Cambodian shrimp manufacturer Nautisco Seafood Manufacturing Inc. alleging that the private equity firm Leopard Capital had purposely indebted the company for its own personal gain. According to the Sihanoukville-based shrimp company’s complaint, Leopard Capital, a partner ...

U.S. Secretary of State Hillary Clinton is in Cambodia where she met with Prime Minister Hun Sen to discuss U.S. investment and Cambodia’s outstanding debt. Cambodia wants the United States to forgive more than $400 million in debt accrued by the US-backed military government of Lon ...

The stabilisation of the riel over the first half of this year is a reflection of increased confidence in using riel in the economy as well as improvements in the agricultural sector, according to economists and the National Bank of Cambodia (NBC). The slowdown in the US economy ...

CAMBODIA’S first financial leasing company plans to rev up its market share for motorcycle financing from 15 to 45 percent starting this year. GL Finance plans to do so by increasing its number of branches here from 11 to 36, said Mitsuji Konoshita, chairman of Group ...

Cambodian migrant workers sent home $256 million last year, according to a report from a U.N. agency and the World Bank, which was released in Bangkok yesterday. The report from the Bank and Rome-based International Fund for Agriculture Development (IFAD), titled Sending Money Home to Asia, ...

When 46-year-old Than Thol got a $900 loan from Samic Microfinance last year, he took advantage of a little-known and  lengthily worded insurance program called Measure for Economic and Accelerated Development for All, or MEADA. MEADA provides coverage for families of mostly lower-income borrowers in the ...

A new microfinance institution (MFI), ORO Financecorp Plc, is set to open in Cambodia, according to the director-general of the National Bank of Cambodia (NBC). Cambodia already has 35 registered MFIs, according to a recent report by the Cambodia Microfinance Association (CMA). Last week, the ...

AEON Microfinance (Cambodia) Co, part of Japan-based AEON Group, said sales by instalment for electrical appliances and motorbikes increased by 715 per cent in the first quarter of 2013 year on year, a trend industry experts say will grow further with increasing demand for electronics. Started ...

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ឯកសារថ្មីរបស់ធនាគារពិភពលោកស្តីអំពីការរៀបចំផ្តល់ប្រាក់កម្ចីថ្មីដល់កម្ពុជា បន្ទាប់ពីការផ្អាកនៅឆ្នាំ២០១១បានបង្ហាញថា ធនាគារអន្តរជាតិមួយនេះ បានផ្តល់ពេលវេលាតិចតួចចំពោះមតិសាធារណៈទៅលើការសម្រេចចិត្តលើការចាប់ផ្ដើមការផ្តល់ប្រាក់កម្ចីឬទេតាំងពីដំបូង។ ...

An International Monetary Fund and World Bank report has questioned Cambodia’s ability to deal with future financial crises if government borrowing increases. While the report indicated that Cambodia was at low risk for severe debt problems, it highlighted the need for effective management of new debt ...

អគ្គនាយក​ធនាគារជាតិ​នៃ​កម្ពុជា​បាន​មាន​ប្រសាសន៍​ថា​ វិស័យ​កសិកម្ម​អាច​ចូលរួម​ចំណែក​យ៉ាង​សំខាន់​ដល់​កំណើនសេដ្ឋកិច្ច​របស់​ប្រទេស​កម្ពុជា​ដោយសារ​កម្លាំង​ពលកម្ម​ក្នុង​វិស័យ​នេះ​នៅ​តែ​បន្ត​កើនឡើង​ខណៈ​ផលិតភាព​នៅ​តែ​ខ្ពស់​។​ ​ ...

​គ្រឹះស្ថាន​មីក្រូហិរញ្ញវត្ថុ​ (MFIs)​ បាន​ចាត់វិធានការ​មួយ​ចំនួន​ដើម្បី​រៀបចំ​រចនាសម្ព័ន្ធ​ប្រាក់​កម្ចី​របស់​ពួក​គេ​ឡើង​វិញ​ សម្រាប់​អតិថិជន​ដែល​រង​ផល​ប៉ះពាល់​ដោយសារ​តែ​ជំងឺ​កូ​វី​ដ​១៩​ នេះ​បើ​យោង​តាម​ការ​លើក​ឡើង​របស់​សមាគម​មីក្រូហិរញ្ញវត្ថុ​កម្ពុជា​ (CMA)​ ។​ ...

អង្គការ​អភិរក្ស​ធនធាន​ធម្មជាតិ​គ្រោង​នឹង​ដាក់​លិខិត​ទៅ​ខុទ្ទកាល័យ​នាយករដ្ឋមន្ត្រី ធនាគារ និង​គ្រឹះស្ថាន​មីក្រូហិរញ្ញវត្ថុ​នៅ​សប្តាហ៍​ក្រោយ​ដើម្បី​ស្នើ​ឲ្យ​ពិនិត្យ​ការ​ខ្ចី​ប្រាក់​មួយ​ចំនួន បន្ទាប់ពី​រក​ឃើញ​ថា​ប្រាក់​កម្ចី​ខ្លះ​ត្រូវ​បាន​យក​ទៅ​ទិញ​​សម្ភារ​បម្រើ​ឲ្យ​ការ​ប្រព្រឹត្ត​បទល្មើស​ព្រៃឈើ​ខុស ...