ASEAN’s central bank governors and finance ministers agreed that in order to restore their economies in the post COVID-19 period they must strengthen their digital infrastructure and data connectivity. The
The representative of the Japan International Cooperation Agency (JICA), Shinohara Yuji, said recently he believed that the use of local currency in Cambodia would keep growing, particularly after COVID-19. Yuji
The use of the US dollar is a remnant of the Khmer Rouge regime, symbolising the degradation of global confidence in Cambodia’s economic system. It is a daily reminder of
In 1980, recreating a monetary and banking system from zero after the Khmer Rouge had abolished the use of money was a daunting task, particularly given the limited expertise at
As a little girl, Her Excellency Serey Chea was obsessed with “The X-Files” television program and the idea that we are not alone in this universe. Fascinated by the extraterrestrial
Canadia Bank was awarded the “Strongest Bank by Balance Sheet in Cambodia“ by The Asian Banker in a ceremony virtually held from Singapore on 25 Feb 2021. According to The
The International Monetary Fund (IMF) and Cambodia have met virtually to discuss and evaluate the Kingdom’s macro-economic situation during the ongoing COVID-19 pandemic. The meeting took place via video conference
An event promoting access to finance for women entrepreneurs in the COVID-19 era took place in Phnom Penh last week. It was undertaken by the National Bank of Cambodia (NBC)
National Bank of Cambodia (NBC) officially launched its national retail payment system “Retail Pay” yesterday to support and provide fast payment facilities for trade settlement and fund transfers in the
The Kingdom’s international gold and dollar reserves have reached $21.3 billion, sufficient to guarantee the next 10 months of goods and services imports. This amount is in excess of the
