The National Bank of Cambodia, the country’s central bank, is aiming to reduce the country’s dependence on the U.S. dollar with the introduction of digital currencies and the phasing out of small-denomination U.S. currency – $1, $2 and $5 bills – in favor of the local currency, the riel. Read More

A conversation with the financial analyst David Totten. Hopes are rising that a COVID-19 vaccine will release Southeast Asian economies from the strangleholds imposed by the pandemic and enable some economic growth over the coming 12 months. David Totten, managing director of Emerging Markets Consulting (EMC), is optimistic for the longer term but tells Luke Hunt the short and medium... Read More

As Cambodia needs to build and upgrade its infrastructure to boost its economic growth, the Belt and Road Initiative holds the promise of new roads, ports, airports, and other projects, said Senior Director Ms. Xing Jiajia during the event organized by BritCham Cambodia on 09 July 2018 at Chinese House. She further clarified that the Belt and Road Initiative (“BRI”)... Read More

Two months since a group of angel investors visited Phnom Penh in search of startup investment opportunities, the organisation behind the initiative is planning an even bigger scouting mission, looking for investment opportunities in the Kingdom’s small but vibrant startup community. Seven members of the Mekong Angel Investment Network (MAIN) visited the capital in June. Fourteen angel investors will join a delegation due... Read More