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Tag: Cambodia

Posted on February 11, 2023

The world in brief: China assures Cambodia of support

” [China] firmly supports Cambodia in safeguarding national sovereignty and security, firmly supports Cambodia in steadily advancing major domestic political agendas and economic and social …
Posted on February 11, 2023

NBC: Don’t take national ID cards or family books as loan collateral, or else

The National Bank of Cambodia (NBC) has warned financial institutions not to accept national ID cards or family books as collateral in secured financings, or else face disciplinary action under …
Posted on February 11, 2023

NBC: Don’t take national ID cards or family books as loan collateral, or else

The National Bank of Cambodia (NBC) has warned financial institutions not to accept national ID cards or family books as collateral in secured financings, or else face disciplinary action under …
Posted on February 11, 2023

Cambodia Seeks New Financing from Beijing Amid Fears of ‘Debt Trap’

PHNOM PENH — Cambodian Prime Minister Hun Sen is expected to visit Beijing this week seeking to finance a $4 billion high-speed railway line that will connect Cambodia’s capital with the …
Posted on February 10, 2023

Falling in love with the buzz and energy of Cambodia

Life in Vancouver is good with the ski slopes just half an hour from his front door, while in Cambodia he loves the buzz and energy of its busy economy and vibrant business culture. “When I first went …

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Posted on February 10, 2023

Banks, MFIs plan to target informal loan practitioners

The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) will develop plans to join the government in the fight against informal lenders.
Posted on February 9, 2023

Could casinos be a jackpot for Mongolia’s struggling economy?

Casinos have been opening across Asia over the past two decades, mainly catering to Chinese holidaymakers. The Philippines, Singapore, Cambodia, and Malaysia are a few of the countries that have made …
Posted on February 8, 2023

ADB and Cambodia Post Bank sign $10M loan to support recovery of MSMEs from pandemic

The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) signed a loan of up to $10 million to support the recovery of micro, small, and medium-sized enterprises (MSMEs) in Cambodia from the …
Posted on February 8, 2023

Laotian CBDC proof of concept project to launch using system pioneered in Cambodia

Japanese firm Soramitsu and the central bank of Laos have announced a project to advance the introduction of a digital currency in the Southeast Asian nation.
Posted on February 8, 2023

ADB and Cambodia Post Bank Sign $10 Million Loan to Improve Access to Finance for MSMEs in Cambodia

The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) signed a loan of up to $10 million to support the recovery of micro, small, and medium-sized enterprises (MSMEs) in Cambodia from the …

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