Market Update

IRC promotes insurance awareness in Battambang Province

The Insurance Regulator of Cambodia (IRC) organized a workshop on compulsory insurance in Battambang Province on October 17, to spread the awareness about insurance, especially compulsory insurance...

19th October 2022

Economy & Industry

Cambodia gets $171M in climate finance from MDBs

Cambodia received $171 million in climate finance from major multilateral development banks (MDBs) in 2021, according to the 2021 Joint Report on Multilateral Development Banks' Climate Finance. Cambodia, classified as a lower...

18th October 2022

Economy & Industry

Cambodia's financial inclusion remains timid despite high economic growth

Financial inclusion in Cambodia remains timid despite the country's Gross Domestic Product (GDP) growth of 7 percent per year on average for the past decade. Cambodia's financial inclusion remains timid with 67 percent of the...

17th October 2022

Coporate News

Kingdom gets ADB aid in move towards cleaner energy

With most countries trying to make a shift from high dependence on fossil fuels, Cambodia too is making attempt in that direction and is being given a strong handholding by the Asian Development Bank (ADB). To meet...

14th October 2022

Economy & Industry

Inflation near 8%, riel depreciates, trade deficit narrows in June

Inflation for Cambodia reached 7.85% in June 2022 comparing with YOY(Year-on-year) basis to 7.17% the previous month, which was the highest in over a decade. While the value of Riel has fallen to 0.07% to 4,091 riel per USD...

12th October 2022

Economy & Industry

Cambodia benefits from "revenge tourism" boom

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

Economy & Industry

FAO expects Cambodian rice output to fall but stay above average this year

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

Economy & Industry

Moody's says Cambodia has highly negative exposures to physical climate risks

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

Economy & Industry

NBC to take action on banks and MFIs not using KHQR

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

Economy & Industry

ADB report underscores the importance of climate change to the development agenda

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