The number of both registered fixed and mobile internet subscribers in Cambodia has seen remarkable increase last year thanks to the high demand of internet in the COVID-19 context, while the number of SIM card subscribers is reportedly decreasing. According to Chea Vandeth, Minister of Post and Telecommunications, there were more than 16 million internet […]
Read MoreThe price of Cambodian milled rice on the international market has seen a slight uptick in the first quarter of this year from end-2020. The premium “Malys Angkor” brand of fragrant rice is worth $825 per tonne, up $9 or 1.10 per cent from $816 in December, according to a price list compiled by the […]
Read MoreIncreasingly over the last decade, the National Bank of Cambodia (NBC) has been moving to expand the use of the local currency both within the Kingdom and in cross-border trade in its bid to strengthen the riel and the eventual phasing out of the US dollar. NBC Director-General Chea Serey says the motivation behind the […]
Read MoreA survey published by the Asian Development Bank (ADB) which gauged COVID-19’s effects on household cash revealed that 35 percent of Cambodian participants suffered a 26 to 50 percent decrease in their income, affecting their spending power. The survey was conducted from May to July last year and used phone interviews to query residents of […]
Read MoreCambodia and Thailand agreed to reopen three regional border checkpoints in Battambang province on March 23 to facilitate trade. Battambang Provincial Administration deputy governor Soeum Bunrith told The Post the following day that goods began to flow across the checkpoints on the same day of the agreement. He identified the crossings as O’Anlok in Kamrieng […]
Read MoreThe Ministry of Economy and Finance (MEF) and the National Bank of Cambodia (NBC) called on real estate developers to ease payments conditions for their customers during the COVID-19 pandemic. According to a joint statement, in the context of Coronavirus, the government has called on real estate developers to look at waiving penalties for late […]
Read More
Thailand
