Cambodia's foreign reserves reach $25 billion milestone

Economy and Industry

Cambodia's foreign reserves reach $25 billion milestone Cambodia's international reserves reached $24.8 billion in the first half of 2025, a 10.4% increase from December 2024. This is a high level for a developing country, indicating the country's resilience amidst a volatile global environment. Key factors contributing to this increase include rising gold prices, overseas investment revenue, favorable exchange rate movements, higher deposits from banks and financial institutions, and mandatory reserves. The National Bank of Cambodia (NBC) has increased green bonds and ESG bonds. Despite global uncertainties, the Cambodian economy remained resilient, with low inflation and stable exchange rates. NBC Governor Chea Serey emphasized the importance of sound economic fundamentals and flexible monetary policy for maintaining macroeconomic stability. International reserves are crucial for social and economic progress, supporting public institutions, and acting as a buffer against threats. (Source: Khmer Times)

Bakong sees strong growth in riel and dollar transactions in first half The National Bank of Cambodia (NBC) reported a significant increase in transactions in the Bakong digital payment system, reaching KHR 128.6 trillion (approximately $32 billion), a 62.2% increase year-over-year. The system recorded 303 million transactions in Khmer Riel between January and June 2025, a twofold increase from the same period last year. The total value of these transactions reached KHR 128.6 trillion (approximately $32 billion). The Bakong system also saw a significant surge in US dollar transactions, reaching 240 million with a total value of $68.9 billion, a 44.9% increase compared to the first half of 2024. The NBC's Governor, Chea Serey, emphasized the importance of digital payments for financial inclusion, innovation, and convenience. The Bakong system has provided customers with a choice over payments and transactions via mobile phone from one financial institution to another in the country. (Source: Khmer Times)

Argentem Creek explores investment opportunities in Cambodia's financial sector Argentem Creek, a US-based investment firm, is exploring potential investment opportunities in Cambodia's financial sector as part of a regional expansion strategy led by its parent company, Salmon Group. The firm's President and Co-Chief Investment Officer, Maarten Terlouw, visited ACLEDA Bank Plc. in Phnom Penh, as part of its broader efforts to assess strategic investment prospects in Southeast Asia's emerging markets. Argentem Creek is a key investment venture of the Salmon Group, a financial technology operator based in the Philippines. The group is actively seeking to expand its regional footprint, with Cambodia seen as a promising hub for financial sector growth. (Source: Khmer Times)

Corporate News

Maybank partners with Microsoft to drive digital and AI advancements Malaysia's leading financial services group, Maybank, has partnered with Microsoft to accelerate its digital transformation journey and enhance customer experience. The partnership, valued at approximately RM1.0 billion over five years, will include upgrading existing capabilities to Microsoft 365. Maybank will adopt Microsoft Azure as a main cloud platform for strategic systems, functions, and data workloads, enabling real-time data analytics, faster service deployment, and operational efficiencies. The company will also rollout Microsoft 365 Copilot across its 44,000 employees, empowering them with AI-powered capabilities. The partnership also involves leveraging Microsoft's advanced security tools to enhance Maybank's cybersecurity posture. The partnership will also establish a Centre of Excellence for collaboration on cloud and AI-powered innovation and in-house talent development. (Source: Khmer Times)

Stock Market

CSX index holds steady as select stocks post modest gains and losses On 07 August 2025, the CSX Index remained unchanged, closing at 404.7 points. On the Main Board, MJQE (+0.51%) and PPSP (+0.48%) posted gains, while PWSA (-0.32%) and PAS (-0.17%) recorded losses. GTI, PPAP, ABC, PEPC, and CGSM remained unchanged. On the Growth Board, DBDE remained unchanged, while JSL was up by 0.72%. Total trading volume reached 29,896 shares, with a turnover of KHR 318 million. (Source: YSC Research)

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