The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian …
NBC’s Chanto: Cambodia’s growth will hit 6% in 2023
The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian …
60K Cambodian workers in South Korea remit $500-600M
Minister of Labour and Vocational Training Ith Samheng said the more than 60,000 Cambodians who are working in South Korea send home an average of $500-$600 million dollars every year, making a …
Cambodia’s financial sector still ‘strong’: Belgium’s Incofin
The Cambodian banking sector remains strong and not at significant risk of collapse, despite the occasional incidence of foreign investors pulling back after being spooked by “negative” news stories, …
Haze in Malaysia due to post-Covid-19 economic activities in Mekong Subregion – Geologists
SHAH ALAM – Transport transboundary haze occurs in Malaysia due to economic activities carried out post-Covid-19 in the Mekong Subregion which comprises Cambodia, Myanmar, Laos, Vietnam, and Thailand.
Banks, MFIs report bullish early-2023 deposit growth
Local private bankers have affirmed that deposits from investors and general clients have been on an upward trend for at least the last quarter, in line with National Bank of Cambodia (NBC) deputy gov …
‘Everywhere is broken’: how land grabs in Cambodia are demolishing lives
I can’t accept this. The land should belong to the people. Living in Cambodia is so hard Kav Phor, smallholder Neither Everfortune Real Estate nor an O’Okhna Heng official responded to questions about …
Cambodia’s Phillip Bank teams up with property development Sarita Waterside
Foreign investors can enjoy a buy back option when purchasing villas at Sarita Waterside. Phillip Bank, a Singapore-owned commercial bank operating in Cambodia, and its associate company Phillip …
Cambodia’s international non-gold sales hit US$20bil last year, US still top buyer
The US absorbed more than 44 per cent of Cambodia’s over-US$20-billion total non-gold exports in 2022, remaining the largest market destination, ahead of the EU, according to the Ministry of Economy …
ABC, SPTF ink MoU to boost responsibility, inclusion in finance sector
The Association of Banks in Cambodia (ABC) and US-based Social Performance Task Force (SPTF) on April 5 signed a memorandum of understanding (MoU) for a strategic partnership intended to promote …