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Markets

Cambodian Financial Sector Demonstrates Resilience Amid Challenges: Mekong Strategic Capital Releases Comprehensive 2023 Overview

The Cambodian financial sector exhibited resilience in 2022, with revenue increasing by 16% to $4.10 billion and a total loan book of $53.2 billion. Despite the growth, profits dipped by 6% to $1.22 billion, largely due to increased credit costs and expenses. Mekong Strategic Capital's comprehensive report, titled ‘Scale: Measuring What Matters’, delves into the sector's performance, challenges, and future prospects, offering a detailed analysis of a dynamic industry adapting to a complex economic environment.

CBRE Cambodia: Phnom Penh Real Estate Market Undergoes Profound Shift in 2023, Investors Urged...

The Phnom Penh real estate market has undergone significant shifts since the boom period of 2019, according to a report by CBRE Cambodia. With recessionary signs across all major sectors, a decline in property prices, and the emergence of innovative repurposing strategies, investors are being urged to focus on accurate, data-driven valuations. The changes call for a comprehensive reassessment of market strategies as the Cambodian property sector enters a new phase.

Cellcard IPO roadshow offers last chance to become high yield shareholder

Cambodian telecom giant Cellcard has recently conducted an IPO roadshow across major Cambodian cities and abroad, presenting opportunities to become a high yield shareholder. The roadshow, scheduled to conclude on May 27th, has been successful in garnering significant interest, domestically and internationally. Offering a 7% guaranteed annual dividend yield, the IPO is considered Cambodia's largest. Led by Cellcard's senior management and SBI Royal Securities Plc., the IPO gives investors access to the burgeoning Cambodian telecom sector.

World Bank’s May Economic 2023 Outlook: Unlocking Potential on Cambodia’s FDI Future

In the wake of the pandemic, Cambodia is emerging as a robust prospect for Foreign Direct Investment (FDI), according to the World Bank's May 2023 Economic Update. The report emphasizes Cambodia's potential to balance growth and employment support with macro-financial stability. It also highlights the nation's fiscal capability to enhance spending on infrastructure and human development, advocating for the continuation of social support programs, and emphasizing the importance of export diversification and financial stability.

The Future of Cambodian Insurance: Insights from the Cambodia Insurance Brokers Association (Video)

The Cambodia Insurance Brokers Association (CIBA) recently partnered with the Cambodia and Investment Review and B2B Cambodia to host a panel discussion. The conversation centered around the present state and future trajectory of Cambodia's insurance sector, offering insights into market trends, technology adoption, and strategies for growth. The event served as a platform to understand the market's current dynamics while offering a glimpse into its promising future.

Cambodia’s microfinance sector embracing FinTech to optimize operations and enhance borrower experience

Cambodia's microfinance sector is actively looking to embrace FinTech to bolster operational efficiency and decrease costs, thereby offering more accessible financial services to its citizens. This strategic move, facilitated by industry leaders and regulated by the National Bank of Cambodia (NBC), aims to bridge the gap between traditional finance and digital banking. While the task is challenging, it's also an optimistic and future-focused endeavor that could reshape the landscape of Cambodia's finance sector, ensuring financial inclusivity and resilience amid a rapidly changing global economy.
Phillip Bank

Cambodian Depositors to Benefit from Rising Interest Rates as Banks Offer Competitive Rates and...

Depositors in Cambodia are set to benefit from the recent uptick in interest rates, as banks and microfinance deposit-taking institutions (MDIs) adjust their rates upwards. The Banking Associations of Cambodia attributes this to rising global inflation and the historically low-interest rates that have been in place for the past few years. In light of these changes Phillip Bank, has introduced promotions and incentives to attract and reward depositors.
CSX 2022 strategic outlook.

Cambodia Stock Exchange Faces Slowdown in Q1 2023; ACLEDA Securities Triumphs as Top Broker

Cambodia's stock market has experienced a slow start to 2023, with Q1 financial results showing declines in year-over-year trading value and volume. ACLEDA Securities emerged as the top-performing broker for the quarter, maintaining a dominant position in the market with ambitious plans for the future.

Cambodia’s Financial Sector to Benefit from Responsible Inclusive Finance Practices Partnership

Under the agreement, ABC and SPTF will collaborate in various areas to improve the Cambodian financial sector. They will support members in adopting and assessing compliance with the BFIs' Code of Conduct, identify areas for improvement, and monitor progress and challenges in its implementation.

Banjaran Asset Management (Cambodia) and Stronghold Trustee Collaborate On Market Leading Public Investment Fund

Banjaran Asset Management (Cambodia) is set to launch it's public investment fund in Cambodia, pending regulatory approval. This is a significant milestone in the Kingdom's financial services sector as it will be one of the first retail funds available to the general public. The new retail fund aims to provide Cambodian investors with alternative investment opportunities beyond traditional bank deposits. Stronghold Trustee will act as the trustee and Singapore-based Banjaran Asset Management serving as the investment adviser.