Governments throughout Southeast Asia are pleased with the uptake in foreign arrivals now that the pandemic is decidedly on the wane. The trend amongst travelers is called "revenge tourism", characterized by people having more extravagant and longer...
07th October 2022
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Rice output in Cambodia, Thailand and Vietnam is forecast to fall this year but stay above five-year averages in Cambodia and Thailand, according to the Food and Agricultural Organisation of the...
05th October 2022
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Cambodia, Indonesia, Laos, and Vietnam have "highly negative" exposures to physical climate risks while the exposure of the Philippines is "very highly negative," Moody's Investors Service says. In a report ...
04th October 2022
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The National Bank of Cambodia (NBC) will initiate strict measures on banks and microfinance institutions (MFIs) that are reluctant to replace with the common payment platform called KHQR, instead still use their respective digital payment...
03rd October 2022
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The Asian Development Bank (ADB) yesterday released its inaugural climate-related financial disclosures report, which outlined the bank's progress in implementing the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD). ADB president ...
30th September 2022
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The Ministry of Economy and Finance (MEF) recently listed a government bond equivalent worth about $10.2 million on Cambodia Securities Exchange (CSX) without the requirement for getting approval from the Securities and exchange......
28th September 2022
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Cambodians and foreigners traveled en masse to Siem Reap during the Pchum Ben festival and the Ministry of Tourism reported more than 140,000 tourists visited the Kingdom's cultural hub. According to the report of the Siem Reap Provincial Department of Tourism...
27th September 2022
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Canadia Bank, one of Cambodia's oldest and leading commercial banks, sponsors the Global SME Finance Forum 2022, which takes place from 19th to 21st September in Phnom Penh. Cambodia hosts this global forum for the first time. The 9th Global SME...
21st September 2022
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The number of start-ups in ASEAN that have raised more than $1mn in funding almost tripled between 2015 and 2021, from 652 to 1,920, registering a faster growth than India, the US and Europe, said the ASEAN Investment Report 2022, released recently...
20th September 2022
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Wing Bank (Cambodia) Plc announced that it has increased its interest rate for term deposits up to 8% p.a. and savings accounts to up to 3% p.a., bringing even greater benefits to its customers. Existing customers who maintain a minimum balance of 400,000 Khmer riel, or US$100, will qualify for the savings account's new interest rate of 3% per annum. The interest will be accrued on daily basis based on customers’ available balance, and it will be credited into their savings account...
16th September 2022
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