Month: June 2024

The Governor of the National Bank of Cambodia (NBC) H.E. Dr. Chea Serey shared Cambodia’s experience in implementing green bond principles, at the 30th Meeting of Central Bank Governors of the French-Speaking Countries, held in Brussels, Belgium, from 30 to 31 May 2024.

Governors of 20 central banks from 40 countries in Europe, the United States, Africa and Asia attended the Francophone meeting in 2024.

The meeting discussed implementing monetary policy in uncertain and risky situations as well as recent developments; resisting climate change; geopolitical segregation; strengthening cyber security; and central bank independence, according to an NBC’s statement.

In the meeting, H.E. Dr. Chea Serey shared Cambodia’s experience in contributing to climate change mitigation by participating in regional and international networks related to green finance, implementing principles to support sustainable financing in the banking system and international reserve investment in green bonds.

She also called for more
involvement of international foundations and financial institutions, as well as developed countries, in supporting green financing and strengthening cooperation and solidarity in supporting green investment projects through purchasing mutual green cards.

The Francophone meeting is held every two years with the aim of strengthening cooperation between Francophone member countries and exchanging views and experiences on key issues related to the central banks.

Source: Agence Kampuchea Presse

The famed Angkor Archeological Park, the most attractive tourism landscape in Cambodia, received 472,258 foreign tourists in the first five months of this year, a year-on-year increase of nearly 37 percent, showed a report from the Angkor Enterprise which oversees the Angkor entrance pass sales.

The revenue generated from the entrance pass sales rose by 38.2 percent to US$22.2 million, read the report released on June 1.

Situated in northwest Siem Reap province, the 401-square-km Angkor Archaeological Park is home to 91 ancient temples, which had been built from the 9th to the 13th centuries.

The Park, inscribed on the World Heritage List of the United Nations Educational, Scientific and Cultural Organization (UNESCO) in 1992, is the most popular tourist destination in the Southeast Asian country.

In May alone, the enterprise earned a total income of US$2.28 million from 50,879 foreign tourists visiting the park.

The entrance fee for a one-day visit to the park is US$37, a three-day visit costs US$62, a
nd a week-long visit US$72.

In 2023, more than 798,000 foreign tourists bought entrance passes to visit Angkor, earning over US$37 million, an increase of 222 percent compared to a year before.

Source: Agence Kampuchea Presse