As of 1Q24, the number of loan accounts reached 670,720, an increase of 63,591 accounts or 10.5% YoY. Gross loan rose moderately by 2.3% YoY, totaling ...
03rd July 2024
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Cambodia has updated its GDP calculations to 2014, aligning with the United Nations Statistics Division's 2008 System of National Accounts standards to reflects the country's significant structural shifts since 2000, transitioning from an agriculture-based economy ...
03rd July 2024
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The Credit Bureau of Cambodia (CBC) has generated 6.3 million credit reports for its 7 million borrowers, covering about 90% of the adult population in Cambodia, reflecting a 19% increase over the past five years. This surge in demand underscores ...
02nd July 2024
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The Investment Promotion Working Group for Preah Sihanouk has convened to discuss proposals, incentives, concessions, and streamlining project procedures in the province. By May, 41 projects had qualified for incentives under the scheme, with ...
01st July 2024
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Cambodia and Thailand have agreed to enhance and expand their cooperation in multiple sectors, including economy, trade, tourism, security, and demining activities, following a meeting between Cambodian Prime Minister Hun Manet and Thai Foreign Minister Maris Sangiampongsa in Phnom Penh. ...
28th June 2024
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Cambodian Prime Minister Hun Manet has urged the owners of Micro, Small and Medium-sized Enterprises (MSMEs) to work together to contribute to the country's socio-economic development. MSMEs play a crucial role ...
27th June 2024
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The Cambodian government allocated approximately $660 million for the three phases of the Bakheng water treatment plant to address the increasing demand for clean water in Phnom Penh and Takhmao City. The project, overseen by ...
26th June 2024
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The first phase of the $1.5 billion Techo International Airport (TIA) is nearing completion, with construction 78% finished and operations set to commence by February next year. Pung Kheav Se, Chairman of Cambodia Airport Investment Co., Ltd. (CAIC), highlighted this progress ...
25th June 2024
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The World Bank has approved a second tranche of $275 million to support Cambodia's post-pandemic economic growth, following ...
24th June 2024
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The Royal Government of Cambodia (RGC) has introduced tax incentives to encourage micro, small, and medium-sized enterprises (MSMEs) in the informal economy to register with the Ministry of Commerce (MoC) and the General Department ...
21st June 2024
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