NBC highlights strong external position as NFAs reach $25.5B

NBC highlights strong external position as NFAs reach $25.5B The National Bank of Cambodia (NBC) reports strong monetary and financial stability, with net foreign assets (NFAs) at 104,364 billion riels (approximately $25.5 billion) in May 2026, reflecting a 6.3% increase over the past year. The growth is attributed to better export performance, tourism recovery, and foreign investments. The monetary base, also rising to 61,469 billion riels ($15.4 billion), supports private sector credit expansion, though the NBC warns of potential inflation. The bank maintains negative net claims on the government, emphasizing disciplined fiscal management and limited reliance on central bank financing. Overall, Cambodia's economy is bolstered by key sectors, with the NBC implementing measures for liquidity management and financial inclusion while aiming for sustainable growth and price stability. (Source: Khmer Times)

French minister to visit Cambodia this week to strengthen bilateral investment France's Minister Delegate for Foreign Trade, Nicolas Forissier, will visit Cambodia on July 9-10 to enhance economic ties and promote French investment. This mission precedes a planned visit by President Emmanuel Macron in November 2026. Forissier's agenda includes meetings with Cambodian leaders across sectors such as trade, energy, healthcare, and financial cooperation, as well as engagements with the local French business community, which consists of around 200 companies. Bilateral trade between Cambodia and France reached $568 million in 2025, marking an 11.7% increase from the previous year, primarily in garments and agricultural products. The upcoming Francophonie Summit in Phnom Penh will further fortify diplomatic relations. (Source: Khmer Times)

Bill24 presents latest digital solutions for MSMEs to H.E. Hem Vanndy, Minister of Industry, Science, Technology and Innovation Bill24 met with Minister Hem Vanndy from the Ministry of Industry, Science, Technology and Innovation to present its expanding digital solutions beyond utility bill payments. The new products, BillFlow and GoodVibes POS, aim to meet the rising demand for digital tools among Cambodia's micro, small, and informal businesses. Both parties emphasized the need for accelerated digital transformation to enhance operational efficiency and financial inclusion. Bill24 pledged to support the Ministry's efforts to digitalize the informal economy, fostering connectedness and transparency through its digital financial ecosystem. (Source: Cambodia Investment Review)