In the five years since Manulife set up an office in the Kingdom of Cambodia, the local business for this international life insurance company has grown rapidly.
Financial literacy is fundamental to strengthening financial inclusion and helping people make good decisions with their money. This goes a long way to improving communities and their economic sustainability.
The Kingdom’s banking and finance sector has been a flurry of activity of late, with inflows of foreign capital into the Kingdom’s banking sector nearly doubling during the first half of 2017.
Pi Pay, Cambodia’s leading cashless payment app and mobile e-wallet, has seen its early popularity continue and after only two months in operation has processed more than $5 million in digital transactions.
The General Department of Taxation (GDT) reported a 32 percent year-on-year increase in tax collection for the first six months of 2017, continuing a string of impressive double-digit, and at times triple-digit annual gains since a
Cambodia’s burgeoning insurance industry is accelerating at a healthy pace, and nowhere is this more visible than the life insurance market.
Cambodia is changing from a quiet, tranquil country to a lively, tech-savvy nation.
Cambodia’s stock exchange welcomed a new listing to its bourse in the second quarter, with Sihanoukville Autonomous Port becoming the fifth listed firm
The National Bank of Cambodia (NBC) hopes to launch the testing phase of a closed loop blockchain-based technology by the fourth quarter of this year, a technology that if proven successful would greatly enhance the central bank’s a
When Long Piseth took out a $40,000 home loan from a bank earlier this year, he discovered the tougher side of life. Every month, he needs to allocate 60 percent of his and his wife’s combined income to repay the loan.