Sunday, 21 April 2024

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Recent News

  • Cambodia Has Its Own Mobile Payment App, But Will It Catch On Beyond Phnom Penh?

    16:56 | 16/1/18
    Forbes
    In conversation, expats have told Pokorny, a former CEO of logistics group WorldBridge Cambodia, that they were unwilling to scan their passports into the app as a form of identification. more»

  • Cambodia's central bank releases 40 billion riel

    14:52 | 18/10/17
    The Phnom Penh Post
    The National Bank of Cambodia yesterday held its 13th liquidity-providing collateralised operation, making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 2 ... more»

  • Cambodia's First Bitcoin Point-of-Sale System Debuts Amid Currency Debate

    06:01 | 12/10/17
    Bitcoin News
    The Khmer riel, trading at about 4300 to 1 dollar, is that for some. A few politicians are urging what's commonly referred to as “de-dollarization,” relying less on USD and more on riel. more»

  • Keeping it riel: Shaking Cambodia's dollar dependency

    18:22 | 24/8/17
    Nikkei Asian Review
    PHNOM PENH -- Cambodia is a country split between two currencies: the riel, with notes bearing representations of kings past and present, historical landmarks and other figures, and the U.S. more»

  • Cambodia jails Tammy Davis-Charles in surrogacy case

    17:48 | 3/8/17
    Aljazeera.com
    Samrith Chan Chakrya, who served as an interpreter for Davis-Charles, cried when she heard the verdict and said she would appeal. The court also ordered Davis-Charles to pay four million riel, about $1,000, in fines to the state. The Cambodian ... more»

  • Australian, 2 Cambodians sent to prison in surrogacy case

    14:48 | 3/8/17
    Washington Post
    PHNOM PENH, Cambodia - A Cambodian court sentenced an Australian woman and two Cambodian associates to one and a half years in prison Thursday for providing commercial surrogacy services in the country. more»

  • Siem Reap city guide: How to spend a sustainable weekend in north west Cambodia

    21:06 | 27/7/17
    The Independent
    Nestled between the Old Market area and the Old French Quarter is Kandal Village (5), whose hip Hup Guan Street (6) has ethically minded cafes and shops. more»

  • Decree puts riel prices into focus

    11:55 | 21/7/17
    The Phnom Penh Post
    “It is compulsory for all businesses and service providers that are doing business in Cambodia need to put a price tag on their products and services in Khmer riel,” the announcement said. “Any business that doesn't implement the order will be held ... more»

  • Visiting Cambodia? Insiders share their tips

    21:22 | 13/6/17
    CNN
    Further afield, the beaches of the south lure sybarites wearied by the commercialism of brasher sun, sand and sea destinations. Visitors should note that while the Cambodian riel circulates freely, U.S. dollars are commonly used in tourist areas, and ... more»

  • Dollar use hurting national economy

    12:33 | 8/6/17
    The Phnom Penh Post
    The majority of transactions in Cambodia, between 82 to 84 percent of them, are still done in dollars, according to Serey. She explained the use of dollars made transacting in the local currency more expensive, effectively penalising those who used riel. more»
Global Indices
CodeLastChange
COMP10,3213283.08%
DJI29,6354041.34%
SP5003,583872.37%
DAX12,438820.67%
FTSE7,48850.07%
NI22522,4204081.86%
TWI67.270.000.00%