The National Bank of Cambodia (NBC) set the interest rate cap at 18% for microfinance institutions (MFI), deposit-taking MFIs, and licensed rural credit institutions to help the poor, curb over-indebtedness, and reduce poverty, according to an announcement released yesterday...
14th March 2017
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According to the yet-unpublished 2016 annual report of the Ministry of Industry and Handicraft, total number of factories jumped 74% during the last five years, from 907 in 2012 to 1578 in 2016, marking significant progress of Cambodia’s industrialization...
13th March 2017
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Today, the CSX index edged up 0.04% to 351.9 pts, as PPWSA shares gained 0.25%. This morning 12,099 shares changed hands...
10th March 2017
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Cambodia Brewery Ltd (CBL), a wholly-owned subsidiary of Heineken Asia Pacific, inaugurated its second brewery on the outskirts of Phnom Penh, tripling its beer production capacity and opening a new line to produce its Dutch parent company’s flagship lager, Heineke...
09th March 2017
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Global credit rating agency Moody’s has maintained Cambodia’s sovereign rating at B2 Stable, stating in its latest credit opinion released at the end of February that the rating was underpinned by credit strengths,...
07th March 2017
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Cambodia’s first sanitized and quality-controlled fish market is set to open in Kampot province in May this year, as construction of the facility has now begun...
06th March 2017
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BRED Banque Populaire, part of the second largest banking group in France, officially launched operations in Cambodia yesterday, marking the first venture of a European bank in the Kingdom since the late 1990s...
03rd March 2017
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Business confidence for the next 12 months among companies operating in Cambodia has dropped to its lowest level since 2014, as political uncertainty involving next year’s general election looms, according to a new survey by ANZ Royal Bank...
02nd March 2017
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South Korea’s state-run deposit insurer Korean Deposit Insurance Corporation (KDIC) will open a dedicated branch office in Phnom Penh next month to advance efforts to recover Cambodian property assets linked to bankrupt Korean saving banks...
01st March 2017
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Container throughput handled by PPAP in 4Q16 came to 36,884 TEUs, up 5.0% compared to the same period in 2015. While container throughput for imports rose slightly by 1.8% YoY, container throughput for exports saw a solid increase of 8.6% YoY, thanks particularly to...
01st March 2017
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