Drive to bring more people into high-technology banking system
Are pawnshops here for the long-run as financial institutions continue to expand in a highly-indebted society?
Despite a rosy outlook for its oil industry, the Kingdom needs to face several issues as it moves further into the sector
Since it was first introduced in Cambodia, the CashVille Kidz program with animated cartoon series has had a huge impact as the Kingdom seeks to increase the level of financial literary among its people amid a booming economy.
The technology not only enhances payment systems, it could also push Cambodians to own bank accounts, thereby promoting savings and financial stability
Maybank has come up with more humanised financial packages in 2019 for small and medium enterprises (SMEs) including a special campaign called “Let’s Use Luy Riel” which is a combination of Khmer Riel (KHR) and US Dollars (USD).
South Korea’s overseas direct investment grew for four years through last year as local manufacturers and financial companies increased investment, a government report showed.
The growth of banks in Cambodia has been gradual in recent years, causing an unease in the industry
Multinational corporations, with their global advantage and financial heft, could potentially gobble up the market share of Asean SMEs unless a regional bank steps into the picture.