Cambodia and South Korea will start the third round of their negotiations on free trade agreement (FTA) this week to outline details of chapters to boost trade, according to the Ministry of Commerce. The three-day virtual meeting will be held on Oct. 6, as the two countries aim to finalise the draft pact before the […]
Read MoreThe Cambodian government is working hard at becoming more flexible to attract foreign investments and boost external trade to keep pace with the ever changing global trading environment. A Ministry of Economy and Finance (MEF) spokesman, Meas Soksensan, said that in the time of the global virus pandemic, compounded by the on-going trade war between […]
Read MoreThe National Bank of Cambodia (NBC) is continuing to accept small denomination US banknotes ($1, $2 and $5) “free of charge” from financial institutions, despite the August 31 deadline it had set out in May. The NBC made the comments as Cambodia’s largest microfinance institution, Prassac, announced internal discussions to deliberate the swapping of the […]
Read MoreBank of Ayudhya (BAY), branded as Krungsri, is focusing on regional markets for its medium-term business plan as it seeks S-curve growth. In Asean, Krungsri has a presence in Cambodia, Laos, Myanmar, Vietnam, the Philippines and Indonesia under different business models and strategies. Krungsri is Thailand’s fifth-largest commercial lender by total assets, has conducted its […]
Read MoreThe Cambodian government has signed concessional loan agreements worth $479 million with development partners (DPs) in the first half 2020, according to the Cambodia Public Debt Statistical Bulletin released early this month. It said that the total loan agreement of $479.05 million (equivalent to SDR 346.45 million) accounts for 25 percent of the debt ceiling […]
Read MoreThe Kingdom’s rice industry has often profited from the international markets because of its premium or fragrant rice which fetches high values. However, the country has been losing out to cheaper priced rice or white rice when compared to neighbouring countries such as Vietnam and Thailand that supply the vast majority of white rice to […]
Read More
Thailand
