The economy, investment, trade and the companies building Cambodia. · 905 stories
Chief Bank has recently announced the introduction of its newest financial product, the Installment Deposit Account, setting a new standard for savings in the financial services sector. This innovation is aligned with Chief Bank’s commitment to providing both individual and corporate clients with an array of options that cater to their diverse financial needs. The…
In a significant development aimed at fortifying the economic bonds between Cambodia and China, Oknha Te Tang Por, President of the Federation of Associations for SMEs of Cambodia (FASMEC) and Chair of the Board of Directors of the Samdech Techo Foundation for the Development of Small and Medium Enterprises, took the helm of a crucial…
In an era beset by global and regional economic uncertainties, Cambodia’s construction sector has unfolded as a realm of growth and potential, with investments topping USD 2.6 billion within the initial six months of 2024. This resilient surge in the construction domain was confirmed by Leang Monirith, Secretary of State for the Ministry of Land…
The ambitious endeavor to construct Techo International Airport in Cambodia is progressing smoothly, as confirmed by the Undersecretary of State and Spokesperson for the Secretariat of State for Civil Aviation, Sin Chansery Vutha. By the end of July 2024, the project had advanced past the 80% mark of its completion, with an investment rounding up…
A significant milestone in Cambodia’s business landscape unfolded on August 23, 2024, as the India-Cambodia Business Matching Event brought together leading Indian and Cambodian entrepreneurs. This event, a collaboration between the Indian Chamber of Commerce in Cambodia (INCHAM) and the Khmer Social Entrepreneurs Club (KSEC), alongside Marcom International Marketing, highlighted Cambodia’s burgeoning potential for global…
On August 27, 2024, the Korea International Cooperation Agency (KOICA), through its Cambodia Office, organized a comprehensive pre-departure orientation session. This event was tailored for a group of 35 Cambodian government officials from the Ministry of Health and the Ministry of Economy and Finance. The primary objective was to prepare them for their upcoming training…
In an impressive global acknowledgment, the National Bank of Cambodia’s Governor, Chea Serey, has secured a position among the elite A-class central bank governors for the year 2024, as identified by Global Finance Magazine. This accolade places her in the company of several prominent figures in the financial sector, such as Christine Lagarde of the…
Khmer Enterprise and Aide et Action, in partnership with Enterprise Vision Academy, co-organized the business model showcase and closing event of the “Enterprise Solution Finders” Season 4 Round 1. The event was presided over by H.E. Dr. Chhieng Vanmunin, Delegate of the Royal Government in charge as Chief Executive Officer of Khmer Enterprise, Mr. Vorn…
In an ambitious move to solidify their bilateral relations, China and Belarus have made a commitment to bolster their collaborative efforts across a broad spectrum of areas such as trade, security, energy, and finance. This advancement followed a meeting held in Minsk where Chinese Premier Li Qiang convened with Belarusian Prime Minister Roman Golovchenko. A…
Cambodian Prime Minister Hun Manet had the honor of welcoming a delegation of Chinese investment companies to the Peace Palace on Tuesday, August 20. The group, spearheaded by Zhao Yudong, Chairman of the Everbright Group and Everbright Sunshine Asset Management Co., Ltd., came for a formal visit to discuss potential financial endeavors within the Southeast…
Wing Bank (Cambodia) Plc strides forward as it joins forces with Visa to reveal Cambodia’s premiere Visa Infinite Credit Card. This marks a significant step in the progression of the nation’s financial services, offering sophisticated transaction capabilities and luxurious benefits that align with the needs of an affluent clientele. The collaboration merges Visa’s global prominence…
Chief (Cambodia) Commercial Bank Plc is pleased to announce a significant upgrade to its international remittance services, streamlining the process of cross-border transactions. This strategic enhancement utilizes the robust Society for Worldwide Interbank Financial Telecommunication (SWIFT) network, ensuring that both inbound and outbound money transfers are not only more accessible but also secure and reliable…
A significant meeting was held at the Peace Palace, Council of Ministers, in the Kingdom of Cambodia, chaired by His Excellency Samheng Boros, Minister attached to the Prime Minister. The meeting, a hallmark of potential international collaboration, was attended by a high-level delegation from the Adani Group, India, one of the country’s most prominent conglomerates.…
