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Cambodia: Strategy promises inclusive economic growth

The government yesterday launched its updated development strategy for the financial sector, setting out policies and challenges for both the banking and non-banking industry. The 124-page document looks back on the progress of the country’s financial sector in last 15 years and attempts to predict what must be done over the next decade. Chea Serey, […]

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Cambodia: Kingdom asks WTO to share trade information

Cambodian Minister of Commerce Pan Sorasak put forward a proposal last week requesting that the World Trade Organization (WTO) share information of bilateral and regional trade agreements with all its members to help smaller economies integrate into global trade markets. Speaking during a meeting with the Council of Ministers from the Organization for Economic Cooperation […]

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Cambodia records 10pc rise in rice export

PHNOM PENH (Xinhua) – Cambodia exported 257,637 tonnes of milled rice in the first five months of 2017, up 10 per cent compared with the same period last year, according to the latest report on Saturday. The Southeast Asian nation exported its rice to 57 countries and regions around the world, said the report compiled […]

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BAY tests Cambodian waters

Bank of Ayudhya (BAY), Thailand’s fifth-largest lender by assets, is exploring business opportunities for its unsecured car and motorcycle loans in Cambodia. Thakorn Piyaphan, head of BAY’s unsecured loan and digital banking and innovation units, said the bank has been searching for credit card and personal loan opportunities. It is also studying digital banking options […]

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Exim Bank plans rep offices in Laos, Cambodia

THE EXPORT-IMPORT Bank of Thailand plans to open two more representative offices in Laos and Cambodia at the end of this year and early next year to double loans for Thai investors expanding into Indochina. Vietnam is the next step, president Pisit Serewiwattana said after the opening of Exim Bank’s first rep office in Yangon […]

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Au Bon Pain heads for CLMV

Mudman Plc, an authorised franchisee of Au Bon Pain bakery chain in Thailand, has obtained the rights to expand the bakery into Cambodia, Laos, Myanmar and Vietnam (CLMV). The move is to capture increasing demand for lifestyle products, particularly food, among the CLMV market’s growing middle class. An improved economic situation in these countries has […]

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