A Memorandum of Understanding (MoU) was signed between the National Bank of Cambodia (NBC) and the Monetary Authority of Singapore (MAS) to work together on the Financial Transparency Corridor ...
12th July 2023
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According to the General Department of Customs and Excise, Cambodia's international trade totaled $23.69 billion in the first six months of this year, a 13% reduction YoY. According to the data, Cambodia exported a total of $11.46 billion ...
11th July 2023
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According to a senior official, the building of the Siem Reap Angkor International Airport, which is expected to open in October, is 98% finished as of June 30. The new airport's IATA and ICAO codes are VDSA and SAI, respectively, and its official name is ...
10th July 2023
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Cambodia exported more than 88,509 tons of fresh mangoes in the first five months of this year. According to the Ministry of Agriculture, Forestry, and Fisheries, Vietnam was the biggest exporter of Cambodian fresh mangoes during the period, with ...
07th July 2023
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In 2024, Cambodia expects government revenue and spending to be equal to 23.07% and 26.29% of GDP (gross domestic product), respectively. This is according to a Royal Government of Cambodia (RGC) circular on the draft Strategic Budget Plan 2024-2026 and ...
06th July 2023
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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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