News

Cambodians Abroad Sent Home $256M Last Year

21 May 2013
The Cambodia Daily
Banking and financial services / Economy and commerce / Labor
ACLEDA Bank / Acleda Bank Plc / ACLEDA Bank vice-president So Phonnary / Bangkok / Banks / Community Legal Education Center / Community Legal Education Center head of the labor program Moeun Tola / Community Legal Education Center labor program / Community Legal Education Centre / Community Legal Education Centre labour programme / Community Legal Education Centre labour programme Moeun Tola / GDP / Gross Domestic Product / IFAD / illegal money carriers / informal money carriers / International Fund for Agriculture Development / international remittances / MFIs / Microfinance institutions / Migrant Workers / Moeun Tola / money carriers / money transfer rates / money transfers / National Bank of Cambodia / National Bank of Cambodia Director General and Spokeswoman Nguon Sokha / NBC / NBC director-general Nguon Sokha / Nguon Sokha / remittances / Sending Money Home to Asia / So Phonnary / Thailand / transfer rates / U.N. / U.N. agency / U.S. / UN / UN agency / United Nations / US / Western Union / World Bank

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, ...

http://www.cambodiadaily.com/business/cambodians-abroad-sent-home-256m-last-year-25574/

Fears over new bank note

14 May 2013
The Phnom Penh Post
Economy and commerce
100000 riel banknote / ANZ Royal Bank chief executive / banknotes / Cambodian Institute for Development Study / cash society / Chinese aid / Currency / exchange rate / Grant Knuckey / Inflation / Kang Chandararot / Khmer riel / King Father Norodom Sihanouk / liquidity / National Bank of Cambodia / NBC / NBC director-general Nguon Sokha / Nguon Sokha / Norodom Sihanouk / Thailand / US Dollar

The new 100,000 riel banknote depicting the late King Father Norodom Sihanouk is not just a pretty historical token. It will also help inject much needed cash into the economy, according to the National Bank of Cambodia. Although take-up will occur as older banknotes of other ...

http://www.phnompenhpost.com/2013051465591/Business/fears-over-new-bank-note.html

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Cambodians Abroad Sent Home $256M Last Year

Fears over new bank note

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