Latest Banking Finance
Cambodian fintech startup Clik secures US$3.7 million seed funding
Cambodian-based fintech startup, Clik, has secured an additional US$3.7 million in seed funding it was confirmed this week. The firm said that the seed funding was the largest in the mobile payme...
Aug, 05 2020
ABA Bank and KESS Innovation Promote Cashless Payments
ABA Bank and KESS Innovation Plc. have signed a partnership to promote cashless payments using the ESS e-commerce payment system. Photo Credit: (ABA Bank) Mr. Askhat Azhikhanov, Executive Direct...
Jul, 28 2020
ABA Bank wins Euromoney's 'Best Bank in Cambodia 2020' award
ABA Bank, which is a subsidiary of National Bank of Canada, received the 'Best Bank in Cambodia 2020' award from Euromoney, regarded as a prominent global financial magazine.ABA Cambod...
Jul, 22 2020
Wing collaborates with Morakot to boost Cambodian fintech
Wing and Morakot have announced a partnership which will allow MFIs and banks in Cambodia to more easily collect loan repayments, using fintech solutions as part of the Kingdoms growing digitalisation...
Jul, 21 2020
Cambodia financial semi-annual 2020 Review
The NBC forecast that gross domestic product (GDP) would contract 1.9 per cent this yearA number of financial reports have been released for the Kingdom of Cambodia for the first half of 2020. We revi...
Jul, 14 2020
Cambodia looks to secure multiple FTA deals
The Royal Cambodian Government is looking to secure a number of FTA (Free Trade Agreements) with China, India and Korea.Cambodia - China FTA Photo Credit: Khmer Times (Cambodia's PM Hun Sen and C...
Jul, 14 2020
Phum Impact encourages Cambodian provincial entrepreneurship
Phnum Impact is being launched to promote entrepreneurship in Cambodian cities and rural areas and is formed by Impact Hub Phnom Penh, with funding from Khmer Enterprise (Ministry of Economy and Finan...
Jul, 09 2020
Cambodia Withholding Tax (WHT) Rates 2020
The Cambodian government, through the Ministry of Economy and Finance (MEF) has issued Prakas (regulation) no. 525 in late June 2020 on the new reduced withholding tax (WHT) rates to be applied in the...
Jul, 09 2020
AMK and EMQ offer cross-border money transfers across SEA
AMK, a microfinance provider in Cambodia, and EMQ, a global financial settlement network, will facilitate cross-border money transfer across Southeast Asia they said this week. In a statement, th...
Jul, 07 2020
Fintech in Cambodia 2020
Fintech companies are arguably the among best prepared for the current COVID-19 pandemic in 2020. With the shift to "remote working" or working from home, and F&B outlets (as well as other industr...
Jun, 06 2020
National Bank of Cambodia To End Use of Small Dollar Notes
The National Bank of Cambodia (NBC), the central bank of the Kingdom of Cambodia, wants the country to stop using the smallest US dollar banknotes because it “there is little demand for them”. T...
May, 29 2020
TADA completes Series A funding
TADA, the ride-hailing app operating in Cambodia, which also recently introduced delivery services, has completed its Series A funding for an undisclosed amount. TADA is based in South Korea and...
May, 22 2020