Cambodia’s total exports were valued at $11.37 billion in the first half of 2022, up 33.9 percent compared to the same period last year, according to a report from the General Department of Customs and Excise. The U.S. is the country’s biggest market, stated the report, underlining that the amount of Cambodian exports to this […]
Read MoreWhile digital assets are still on the radar of local banks seeking long-term growth opportunities, they plan to be more cautious when investing in them amid a volatile market, say banking chiefs. Prudent investment is a key factor for controlling risks amid high market volatility, according to the banks. SCB 10X, a corporate venture capital […]
Read MoreBuilding trust is essential to increase financial inclusion in Cambodia, while increasing client protection is a priority under the National Financial Inclusion Strategy for long-term market sustainability, a central bank senior official said here on Friday. Kith Sovannarith, Deputy Director General of the National Bank of Cambodia (NBC)’s supervisory sector, made the remarks while witnessing […]
Read MoreThe baht extended losses on Friday after the country’s central bank said inflation was under control and that future rate hikes would be strictly data-driven, bucking a firmer trend among regional currencies. The baht fell 0.4% after Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said inflation would peak in the third quarter before returning to […]
Read MoreKUALA LUMPUR: The country registered a consumer price increase of 3.4% year-on-year (y-o-y) to 127.4 in June as food prices continued to rise at an accelerated rate. In a statement today, chief statistician of the National Statistics Departments Datuk Sri Mohd Uzir Mahidin said the food index rose 6.1%, its highest in over a decade. […]
Read MoreCambodia’s economy is projected to grow by 5.3 percent this year, up from 3 percent in 2021, Chea Chanto, governor of the National Bank of Cambodia (NBC), said on Thursday. “The growth will be supported mainly by a rise in manufacturing exports, an increase in construction and real estate as well as agriculture, and a […]
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