The EU and India agreed on May 8 to relaunch long-stalled trade talks in a major push to boost ties at a video summit held under the shadow of the Covid-19 pandemic battering the South Asian giant.
Cambodia is well-prepared to minimise economic risks when it graduates from its Least Developed Countries status, according to a senior official at the Ministry of Commerce on May 7.
More than 400 Thai companies are considering investing and doing business in Cambodia when the situation of the Covid-19 crisis eases, according to Cambodian ambassador to Thailand Ouk Sorphorn.
The narrower current account deficit and continued capital inflows from foreign direct investment (FDI) and other sources supported a continued increase in gross foreign-exchange (forex) reserves,
SBI LY HOUR Bank, one of the fastest growing commercial banks in the Kingdom, received a licence from the National Bank of Cambodia for cross border money transfers utilising distributed ledger technologies (RippleNet), to provide safe, fast and convenient services.
Cambodia on May 7 shipped 100 tonnes of fresh mangoes to China, in the Kingdom's inaugural direct export of the fruit to the East Asian market.
SBI LY HOUR Bank Plc and Hanoi-based Tien Phong Commercial Joint Stock Bank (TPBank) on Friday launched the first Cambodia-Vietnam money transfer service in real currency via RippleNet, provided by SBI Ripple Asia Co Ltd to provide safe, fast and convenient services.
National Bank of Cambodia (NBC) director-general Chea Serey was tapped on May 6 as an International Council Member of Singapore-headquartered Global FinTech Institute (GFI) at a virtual council meeting.
China on May 6 cut off a channel for diplomatic and trade talks with Australia.
The Cambodian government, through the Ministry of Labour and Vocational Training, is committed to expanding the scope of the implementation of the Better Factories Cambodia (BFC) project to travel goods and bag factories to boost competitiveness in the industry.