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The Ministry of Public Works and Transport has launched a pilot programme to top up credit balances for the use of the Phnom Penh-Sihanoukville Expressway through five mobile banking outlets from November 14. The service will allow expressway users to be able to pay tolls via an automatic camera, which will scan their vehicle’s licence plate.
A spurt in housing developments is typically a sign of a growing economy but underneath all that might lay some anxiety of credit growth as developers offer financing to buyers at higher rates, an activity the central bank identifies as ‘shadow banking’
Homegrown snacks manufacturer CSL Enterprise plans to list on the Main Board of Cambodia Securities Exchange (CSX) in 2025 to raise funds for the expansion of its distribution channel to serve markets within and outside the country.
The mummers of the crowd and the clinking of spoons on plates almost sounds like a chorus of music, but it is hard not to be moved by the sight of over 80 boys and girls enjoying a meal at the New Smile of Hope Children Association, founded by a Cambodian man, Pan Sophal.
Nearly $400K was donated to the Cambodia Kantha Bopha Foundation by foundation members and the public in July, according to a report by the foundation released this week.