Phnom Penh, Cambodia, May 13, 2025 – PPCBank and Cam Chilbo Electric Power Co., Ltd. (Cam Chilbo) have signed a strategic memorandum of understanding (MoU) to jointly promote the development of renewable energy and greenhouse gas reduction initiatives across Cambodia. This collaboration reaffirms both institutions’ commitment to supporting the country’s transition to a low-carbon economy and advancing sustainable development goals. Under the terms of the MoU, Cam Chilbo will spearhead the planning and execution of renewable energy projects, focusing on innovative technologies and scalable models to reduce greenhouse gas emissions. PPCBank will support these efforts by offering financial advisory services,…
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ABA Bank, the largest commercial bank in Cambodia and an active corporate citizen, is proud to announce another donation of $100,000 to the Cambodian Red Cross (CRC) on the 162nd anniversary of the World Red Cross, to be celebrated on 8 May 2025. The donation plays a prominent role in aiding CRC in its mission to provide emergency relief, disaster management programs, health services, and more across the country. Regardless of the type of disaster or the remoteness of the affected area, the CRC consistently responds swiftly to those in greatest need. The donation handover ceremony was graced by the…
Remember the thrill of finding your name on a Coca-Cola CAN? Well now Coca-Cola is bringing that thrill back to Cambodia after a 10-year hiatus. Cambodia Beverage (Coca-Cola) Company is launching a campaign to bring back the magic of the iconic “Share a Coke” campaign and is pushing the boundaries of innovative brand experiences with even more re-imagined ways to connect and celebrate friendship. Coca-Cola is deepening those connections, moving beyond fleeting digital interactions to create lasting, real-world moments for the new generation. In 2011,Coca-Cola launched this first-of-its-kind “Share a Coke” campaign by replacing its iconic logo with individual names…
ABA Bank has once again affirmed its position as the leading commercial bank in Cambodia, reporting strong audited financial results for 2024. The bank’s performance across key indicators highlights its continued role as a major driver of the country’s financial stability and economic development. Steady growth in deposits and lending Customer confidence in ABA remains high, with deposits surging by 20% year-on-year to $11 billion. This growth, bolstered by continuous technological upgrades, has fortified the bank’s financial foundation and allowed it to offer increasingly competitive loan products. Despite a challenging economic climate, ABA’s gross loan portfolio grew by 10% to…
After 11 years of operations in Cambodia, Chief Bank has officially inaugurated its new central headquarters, located in Chief Tower. The official inauguration of Chief Bank’s new headquarters took place on the morning of April 28, 2025. The new building is situated along Preah Monivong Boulevard in Boeung Keng Kang 1, Phnom Penh. Alongside the inauguration, the bank also celebrated the 11th anniversary of its business operations in Cambodia. Dr. Soeung Morarith, CEO of Chief Bank, stated that the new headquarters represents growth, valuesgf and a long-term vision. The move to this key location and expansion of operations — including…
A community-led charity event with a creative twist is set to take place on Saturday, May 3rd at The Tin Hat in Toul Tom Poung, all in support of the Sorn Foundation, a Cambodian non-profit working to empower women and uplift vulnerable families. This week’s donation drive gives Phnom Penh residents a chance to give back, connect and make a real impact. With the Sorn Foundation at the heart of the initiative, all funds raised will go directly to supporting their work in Cambodia. The Sorn Foundation, co-founded by Nicola Clements and Somphors Sorn (both in white) provides free Khmer…
In a bold step toward redefining digital banking in Cambodia, Sathapana Bank officially launches the enhanced Sathapana Mobile app, bringing banking into the hands of Cambodians under the inclusive tagline: “Bank anywhere, anytime, for anyone.” Built upon three foundational pillars — Convenient, Secure and Personalized — this innovative app emphasises Sathapana’s commitment to delivering customer-centric solutions, advancing digital banking and promoting inclusive financial access across Cambodia. The new Sathapana Mobile marks an innovative upgrade, featuring a fresh app icon, enhanced interface and other main functions tailored to the dynamic lifestyles of people in Cambodia. Users can now easily and quickly…
In a landmark initiative aimed at supporting Cambodian nationals preparing to live, work or study in South Korea, PPCBank has partnered with LG U+, a major South Korean telecommunications company, to provide a comprehensive support package that includes free SIM cards and customised financial services. This partnership reflects both organisations’ shared commitment to easing the transition for Cambodians abroad by enhancing financial readiness and communication access. The memorandum of understanding (MoU) was signed on April 24 by Mr. Lee Jin Young, President of PPCBank, and Mr. Park Sung Soon, Head Manager of LG U+, at PPCBank’s Head Office. Through this…
Mediation skills are a vital aspect of social communication, playing a key role in daily life whether within families, workplaces or communities. LOLC will soon launch a training programme titled “Promoting Knowledge on Community Mediation Skills”, focusing on mediation, negotiation and dispute resolution techniques. The programme offers practical knowledge and hands-on experience, led by expert trainers from the Cambodian Centre for Mediation. This training course is designed to build participants’ skills and capacity to mediate disputes and resolve conflicts transparently and effectively. It also aims to foster a culture of dialogue, strengthen community relationships and promote a peaceful, supportive environment…
An exclusive conversation with Jasper Chuang, CEO of ComboWit Properties From Taiwan to Cambodia: A Journey of Strategic Growth ComboWit’s story began in 1987 in Taiwan, where the company established its foundation by investing in Sweeten Real Estate Development. Through methodical expansion and a reputation for quality construction, it became recognised as a leading developer of residential and industrial projects, before its public listing in 2004(TPE:5205). “Our experience across Asian markets has provided insights that many Western developers might lack,” says Jasper Chuang, who comes from 10 years in Asian real estate and a decade on the ground in Cambodia.…