The National Bank of Cambodia (NBC) plans to increase the reserve requirements in foreign currency, particularly US dollars, for banks and financial institutions to 12.5% in 2024. This move follows a 9% increase since January 1, 2023, from ...
02nd August 2023
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The Cambodian government raised $27 million in bonds in the first six months of 2023, accounting for 13.5% of the $200 million target. The government issues bonds through the National Bank of Cambodia Auction Platform (NBCP), with ...
01st August 2023
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The National Bank of Cambodia (NBC) has praised the banking system's robustness and resilience, despite global turbulence. The system has been stimulated by credit allocation and loan restructuring, and the central bank is implementing ...
31st July 2023
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The ASEAN Business Advisory Council (Asean-BAC) Chairman Arsjad Rasjid announced that a universal QR code for the region is likely to be a reality by September. The integration will allow visitors from any ASEAN country to ...
28th July 2023
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The Council of Non-Bank Financial Services Authority (FSA) of the Ministry of Economy and Finance (MEF) has issued a proclamation allowing investors to trade collective investment scheme funds on a unit basis in the ...
27th July 2023
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Cambodia's trade with ASEAN member countries reached $7.1 billion in the first six months of 2023, accounting for 30% of the Kingdom's total international trade. However, the Ministry of Commerce reported a 17.1% decrease ...
26th July 2023
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According to a statement released by the Ministry of Agriculture, Forestry and Fisheries (MAFF), prices for dry-season rice paddies in IR and OM have surged to their highest levels in 2023, reaching 1,047 riel per kg and 1,029 riel per kg ...
25th July 2023
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In order to create national and international cashew workers' and business associations, the Ministry of Commerce and the Cambodian Cashew Federation will host the World Cashew Conference 2024 in Angkor, Siem Reap Province, early in 2024. This conference ...
21st July 2023
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According to the Asian Development Outlook (ADO) July 2023, the tourism recovery is in full force throughout Asia and the Pacific, including Cambodia. "Tourist arrivals and related activities are nevertheless increased by revenge ...
20th July 2023
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In order to stabilize electricity rates and guarantee adequate power supplies for homes and businesses in the face of persistently high global energy prices, the government has continued to provide $150 million in subsidies ...
19th July 2023
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