The Cambodian Shared Switch (CSS) was officially launched by the National Bank of Cambodia (NBC) on July 4, 2023, to facilitate institutional payments using CSS debit cards at all ATMs and POS terminals of member institutions. The development of the CSS system, ...
05th July 2023
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In May of this year, the insurance industry in Cambodia collected more than $28 million in premiums, a 20% rise over the corresponding month in 2022. 18 general insurers, 14 life insurers, 7 micro-insurance businesses, and 1 reinsurance company ...
04th July 2023
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A report by the Asian Development Bank Institute, the Organization for Economic Co-operation and Development, and the International Labour Organization states that remittances from migrant workers in Cambodia increased from $1.15 billion in
03rd July 2023
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As the protracted Ukraine crisis and international geopolitical tensions continued to stifle global consumer demand and impede trade growth, Cambodia saw an average annual inflation rate of 1.9% in the first quarter of 2023, down from 5.9% a year earlier and 3.2% ...
30th June 2023
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Both deposits and loans experienced rapid growth in 2022. The total number of loan accounts increased by 9.3% YoY, and the gross loan portfolio increased by 18.3% YoY to USD 6,422mn, slightly above ...
29th June 2023
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In place of industry and agriculture, according to the gross domestic product (GDP) composition, the service sector is predicted to overtake them as Cambodia's largest sector, according to Prime Minister ...
29th June 2023
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Spain's imports of clothing from Cambodia, which saw significant rise the previous year, have maintained their upward trend in the first four months of this year. From January to April of this year, imports significantly increased by 19.2% to $326.6 million from the ...
28th June 2023
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The Cambodia Sustainable Bond Accelerator was introduced in March by the Global Green Growth Institute (GGGI), the Securities and Exchange Regulator of Cambodia (SERC), the Economic and Social Commission for Asia and the Pacific (ESCAP), ...
27th June 2023
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After Deputy Prime Minister Aun Pornmoniroth made a suggestion to Prime Minister Hun Sen, the Royal Government of Cambodia (RGC) issued a sub-decree to establish the General Department of Digital Economy, which will exclusively function under the Ministry of Economy and Finance (MEF), to ...
26th June 2023
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The most recent report from the Ministry of Tourism states that Cambodia earned $1.41 billion from foreign tourists in 2022 and $650 million more was earned by domestic tourists. Additionally, the country's GDP was contributed by the tourist industry by around 3.6%. A total of 2.28 million foreign visitors ...
23rd June 2023
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