Cambodia restructures loans to ease people's burden World

Cambodia restructures loans to ease people's burden

Cambodia’s banking and financial institutions have restructured 22.2 trillion riel (5.5 billion USD) in loans for 367,239 borrowers in the first half of this year, to ease the burden of the people as the ongoing coronavirus outbreak dampens economic activities, according to the National Bank of Cambodia (NBC).
Cambodia’s economy stagnant in first half World

Cambodia’s economy stagnant in first half

The National Bank of Cambodia (NBC) said the Kingdom’s economic growth stagnated in the first half of the year due to the impact of the COVID-19 pandemic and forecast that the country’s GDP would contract 1.9 percent this year.
Cambodia, China to trade rice in local currencies World

Cambodia, China to trade rice in local currencies

The Cambodia Rice Federation (CRF) and the National Bank of Cambodia (NBC) discussed ways to use the riel and the Chinese yuan in rice exports between China and Cambodia, Khmer Times newspaper reported on June 18.
FDI flow into Cambodia picks up 11.7 percent in 2019 World

FDI flow into Cambodia picks up 11.7 percent in 2019

Cambodia lured more than 3.58 billion USD in foreign direct investment (FDI) in 2019, a year-on-year surge of 11.7 percent, with Chinese investment accounting for 43 percent of the total figure, according to the National Bank of Cambodia (NBC).
Vietnam, Cambodia’s central banks look to foster partnership Business

Vietnam, Cambodia’s central banks look to foster partnership

Leaders of the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) met in Phnom Penh on September 16 at an annual conference to share experience in macro-economy management, especially in finance-banking, and seek ways to strengthen cooperation in personnel training.
Cambodia’s economy forecast to grow 7 percent ASEAN

Cambodia’s economy forecast to grow 7 percent

The Cambodian economic growth will continue to reach about 7 percent annually over the next three years, according to the Global Economic Prospects report released by the World Bank on January 7.