Dr Chea Serey, Governor of the National Bank of Cambodia (NBC) met with the US-ASEAN Business Council (US-ABC) on Thursday and exchanged views on the business ventures and investment potential of large US companies. The executives who attended the meeting included representatives from VISA, Mastercard, Ford and many other US companies. The meeting discussed business […]
Cambodian Prime Minister Hun Manet received here at the Peace Palace on February 28, 2024 visiting CEO of Jones Group International (JGI) Jim Jones. In the meeting, Jim Jones told Prime Minister of his visit, the purpose of which is to meet with partners and stakeholders to build better connection between the private sector of […]
Representatives from 17 mega firms from the United States have evinced interest in exploring investment opportunities in the Kingdom. A delegation, led by Brian David McFeeters, Senior Vice President and Regional Managing Director of the US-ASEAN Business Council along with US Ambassador to Cambodia W. Patrick Murphy met Prime Minister Hun Manet at the Peace […]
Prime Minister Hun Manet urged Maybank, Malaysia’s most valuable bank brand, to enhance collaboration with the National Bank of Cambodia (NBC) to establish joint cross-bank payments for the promotion of the Kingdom’s financial sector. The Premier also encouraged the bank to consider the establishment of the halal food industry as well as support the export […]
The Royal Railway of Cambodia (RRC) has unveiled its plan for additional investment to improve the northern railroad line, currently out of service. The company’s representative led by its CEO John Guir presented the business plan in a meeting held on Tuesday with officials of the Ministry of Public Works and Transport. The Royal Railway […]
Siem Reap province will host the Eighth River Festival and the Visit Siem Reap 2024 campaign next weekend, said Sok Soken, Minister of Tourism on Wednesday. The campaign is expected to be presided over by Prime Minister Hun Manet on March 16, the minister added. The announcement was made yesterday by Soken during a meeting […]
The National Bank of Cambodia (NBC) and Bank Negara Malaysia (BNM) – the Malaysian central bank – signed a memorandum of understanding (MoU) to strengthen digital innovation and payment systems. The deal is projected to reach over five million merchants from both countries as they accept QR payments. The exchange of an MoU on Tuesday […]
The advent of Artificial Intelligence (AI) is on the cusp of transforming the way businesses are conducted in Cambodia, said Sopheakmongkol Sok, Chairman and Co-Founder of Codingate Technology to Khmer Times on Wednesday. Highlighting the infinite advantages of AI, he said, “Let’s say we need a hundred people to perform a single task but with […]
Held in Kuala Lumpur, Malaysia, and presided over by the Cambodian Premier yesterday, the eagerly-awaited Cambodia-Malaysia Business Forum 2024 (CMBF), has proven itself to be a historic event in the two Southeast Asian countries’ bilateral ties by bringing their businesspeople closer with insights and mutual understanding, thus expanding space for further economic cooperation and partnerships. […]
A total of 33,986 businesses with investment capital worth $10.22 billion have been registered with Online Business Registration platform, known as the Single Portal, phase I as of Feb. 25, a report by the Ministry of Economy and Finance showed. The port has reserved 18,382 numbers of company names, read the report, adding that two […]
Cambodia-United Arab Emirates (UAE) Business Forum was held on Feb. 27 in Dubai, giving floor to showcase potential investment opportunities awaiting UAE investors to explore. The forum was held under the presidency of Mrs. Cham Nimul, Minister of Commerce of Cambodia, and Ahmed bin Ali Al Sayegh, UAE’s Minister of State, with participation from government […]
The central banks of Cambodia and Malaysia on Tuesday signed a memorandum of understanding (MoU) on cooperation in cross-border QR payment scheme and financial innovation, said a joint press statement. The deal was inked in Malaysia’s Putrajaya City between National Bank of Cambodia (NBC) Governor Chea Serey and Bank Negara Malaysia (BNM) Governor Abdul Rasheed […]
Prime Minister Hun Manet and his Malaysian counterpart Datuk Seri Anwar Ibrahim have agreed to further bolster economic cooperation, considering the possibility of establishing a joint trade committee to inject new energies into economic and trade relations. The commitment was made on Tuesday during Prime Minister Hun Manet’s visit at the invitation of Prime Minister […]
Cambodia’s bilateral trade with the United Arab Emirates (UAE) is poised to grow further after the Cambodia Private Commercial Center was officially launched in Dubai. The inauguration ceremony of the Cambodia Private Commercial Center was held on February 26 in Dubai in the presence of Tekreth Kamrang, Secretary of State of Commerce with the participation […]
Opening a bank account from the comfort of your home is possible today thanks to e-KYC services in Cambodia. KYC – Know Your Customer (KYC) norms, adopted by banks, earlier required the presentation of identity cards and the physical presence of customers at the bank branch. But since the National Bank of Cambodia (NBC) changed […]
Cambodia on Sunday called for the inclusion of the Investment Facilitation for Development (IFD) agreement