Cambodia Investment Review

19/01/2024

Telcotech Achieves Historic Milestone with Second $20M Bond Listing on CSX

Key Points:

• Telcotech Ltd lists its second $20 million bond on the CSX, reinforcing its role in Indochina’s digital and connectivity advancement.

• The bond supports major initiatives, including infrastructure expansion and the establishment of a state-of-the-art data center, enhancing Telcotech’s regional market presence.

• The successful bond subscription, backed by international investors, highlights Telcotech’s robust growth trajectory and Cambodia’s emerging prominence in the capital market.

Key Points: • Telcotech Ltd lists its second $20 million bond on the CSX, reinforcing its role in Indochina's digital and connectivity advancement. • The bond supports major initiatives, including infrastructure expansion and the establishment of a state-of-the-art data center, enhancing Telcote...

05/01/2024

🌟 Exciting News in Cambodian Golf! 🏌️‍♂️

Here are the 5 main points:

1️⃣ 🏝️ Bay 19 Golf Course Launch: Embark on a golfing adventure like never before with the $41 million Bay 19 Golf Course in Cambodia's BAY OF LIGHTS - the first USGA-certified seaside course in the country!

2️⃣ 🌐 Governmental Backing: Honored to have esteemed guests like Governor Kuoch Chamroeun and Minister Seng Meng Hong at the groundbreaking ceremony, showcasing solid support for this $16 billion township project.

3️⃣ 🏞️ Beyond Golf - Holistic Retreat: Bay 19 isn't just about golf; it's a coastal paradise! Explore luxurious resorts, hotels, and scenic walkways, creating a holistic retreat for everyone.

4️⃣ ⏰ Phased Opening: The excitement unfolds in phases, with the driving range opening in Q3 2025 and the full 18-hole course ready for golfers by 2027. The complete Bay 19 experience awaits by 2029.

5️⃣ 💼 Investment and Leisure Opportunity: Calling all golf enthusiasts and investors! With unparalleled coastal golfing, luxurious amenities, and strong government endorsement, Bay 19 is not just a game-changer for Cambodia but a beacon of golfing excellence in Southeast Asia.

Dalton Wong, Edward Lee, Thuch Ly, Santo Darmosumarto.

🤔 What's your take on this groundbreaking project? Would you tee off at Bay 19 Golf Course or consider investing in this golfing haven? Share your thoughts! ⛳🌴

Key Points: • Bay 19 Golf Course Launch: Cambodia's Bay of Lights announces the commencement of its $41 million Bay 19 Golf Course, a USGA-certified seaside oasis set to redefine the golfing experience in Southeast Asia. • Government Support: High-profile government officials, including Governor...

27/12/2023

Key Points:

Canopy Sands & IAAC Partnership: Canopy Sands Development joins forces with International Airport Advertising Corporation to revolutionize Sihanoukville's Bay of Lights township through cutting-edge digital advertising.

Economic Boost and Brand Attraction: Anticipated economic growth as major brands and advertisers are drawn to the Bay of Lights, creating new opportunities and enhancing the township's allure.

Sustainable Digital Innovation: Commitment to data-driven advertising and sustainable practices, ensuring the integration of digital billboards positively impacts the township's ecosystem.

Key Points: • Canopy Sands & IAAC Partnership: Canopy Sands Development joins forces with International Airport Advertising Corporation to revolutionize Sihanoukville's Bay of Lights township through cutting-edge digital advertising. • Economic Boost and Brand Attraction: Anticipated economic gr...

15/12/2023

🌟 Exciting Highlights from IAAC's Media Night at Amret Palace! 🌟

1️⃣ 🚀 Airport Advertising Revolution by IAAC: The International Airport Advertising Corporation (IAAC) has dramatically transformed airport advertising in Cambodia! With cutting-edge technology and strategic partnerships, IAAC made Phnom Penh International Airport a beacon of advertising innovation. ✈️🌐

2️⃣ 📈 Industry Growth & Recognition: The IAAC event at Amret Palace wasn't just a celebration, it was a symbol of monumental growth and industry recognition. The organization doubled its advertisers, showcasing the airport as a critical media hub. 🎉📊

3️⃣ 🤝 Strategic Collaborations & High-Profile Endorsements: Leaders like Tom O'Sullivan from Realestate.com.kh
and Katherine McLean from the International Business Chamber praised IAAC's impact, highlighting effective brand amplification and fostering professional relationships. 🌟🔗

4️⃣ 🎯 Targeting High-Value Demographics: IAAC's innovative approach in airport advertising effectively engaged hard-to-reach demographics like high net worth individuals and C-suite executives, a game-changer in the advertising realm. 🎩📢

5️⃣ 🔮 Future of Advertising in Cambodia: The IAAC Appreciation Party was more than just a celebration; it marked the beginning of a dynamic, interconnected advertising future. IAAC is paving the way for new standards in media engagement and advertising innovation in Cambodia. 🌍🚀

12/12/2023

🌟 Exciting News from Chief Bank! 🌟

As CHIEF BANK and Soeung Morarith embarks on a new decade, there's is a lot to be excited about! Here are the top 5 highlights:

1️⃣ 🎉 A Decade of Digital Transformation 🌐: Celebrating 10 years in Cambodia, Chief Bank reveals a vibrant new logo! This symbolizes a leap into the digital age, appealing especially to the tech-savvy youth. 🚀

2️⃣ 💼 Remarkable Growth Journey 💹: Chief Bank has shown impressive growth, with assets exceeding $240 million. From a specialized bank to a commercial powerhouse, this journey reflects resilience and adaptability. 📈

3️⃣ 🤝 Customer Trust & Technological Innovation 🌟: Building trust through integrity and innovation, the bank has consistently prioritized customer-centric solutions and cutting-edge technology. 📱

4️⃣ 🌍 Strategic Global Partnerships 🤖: Teaming up with tech leaders from Hong Kong, India, and beyond, Chief Bank ensures it stays ahead in the fintech race. 🌐

5️⃣ 🚀 Future-Ready Strategies 🏦: Looking forward, the bank is set to expand in key Phnom Penh locations, focusing on compliance standards and a digital-first approach. 🌟

Let's Discuss! 💬
What do you think about Chief Bank's approach to embracing digital transformation and its impact on Cambodia's banking sector? Share your thoughts below! 👇🤔💭

Key Points: • Digital-Era Rebranding: Chief Bank unveils a new logo for its 10th anniversary, targeting Cambodia's tech-savvy youth. • Growth and Innovation: Assets over $240 million, reflecting a decade of resilience and technological advancement. • Future Focus: Emphasizing digital strategie...

11/12/2023

Paving The Path To Progress: The Inauguration Of Bay Of Lights Main Roads

Key Points:

• Tourism Boost: Inauguration of Bay of Lights in Sihanoukville, a key step in the $16 billion development project.

• Public-Private Synergy: Demonstrates the success of collaborations between government and private entities in infrastructure growth.

• Community Focus: Project aims to generate 50,000 jobs, housing for 130,000, highlighting its commitment to sustainable community development.

Key Points: • Tourism Boost: Inauguration of Bay of Lights in Sihanoukville, a key step in the $16 billion development project. • Public-Private Synergy: Demonstrates the success of collaborations between government and private entities in infrastructure growth. • Community Focus: Project aims...

07/12/2023

Key Points:

• Visa partners with Tencent and Alipay, enabling Cambodian travelers to use their Visa cards in China’s Weixin Pay and Alipay wallets.

• International Visa cards now accepted in over 400 Chinese cities, offering multiple payment methods, including QR codes and in-app payments.

• Visa and Tencent Financial Technology collaborate to allow Weixin users to receive remittances, extending Visa Direct to over one billion users in China.

Key Points: • Visa partners with Tencent and Alipay, enabling Cambodian travelers to use their Visa cards in China's Weixin Pay and Alipay wallets. • International Visa cards now accepted in over 400 Chinese cities, offering multiple payment methods, including QR codes and in-app payments. • V...

22/11/2023

🌟 Exciting News for Car Enthusiasts! 🌟

🚗 The Phnom Penh Auto Show, organized by CAS Event Management Co., Ltd, is set to electrify Cambodia's automotive scene. Here are 5 key highlights:

1️⃣ 🎉 Premier Automotive Event: Get ready for Cambodia's leading automotive showcase at Diamond Island Convention and Exhibition Center. This event promises to be a game-changer with its display of the latest vehicle designs and cutting-edge technologies. 🚘🚦

2️⃣ 📈 Market Growth and Opportunities: Witness the rapid expansion of Cambodia's $2 billion automotive market. With an impressive 11% compound annual growth rate from 2018-2022, this show offers unparalleled opportunities for exhibitors and sponsors. 🌐💹

3️⃣ 🌱 Sustainability and Education: Aligning with the Royal Government of Cambodia's focus on the environment, the event will feature workshops and presentations aimed at educating the public about reducing fuel consumption and emissions. 🍃🌍

4️⃣ 🤝 Strategic Partnerships: With key players like WonderPass, Wowee Advertising, and Stridec Worldwide onboard, the show is set to offer a unique platform for networking, business growth, and showcasing innovation in the automotive industry. 🚗💼

5️⃣ 🌟 Exploring Future Mobility: The show is more than just cars; it's about the future of mobility in Cambodia. Expect to see a vibrant display of electric vehicles (EVs) and the latest trends in automotive technology. 🛣️⚡

Are you ready to be part of this incredible journey into the future of mobility? Let's drive towards innovation and sustainable growth together! 🚀🌏💚

🚗🌿🌟

Key Points: -Premier Automotive Showcase: The Phnom Penh Auto Show, organized by CAS Event Management Co., Ltd, is set to be a major automotive event in Cambodia, displaying the latest vehicle designs and technologies at the Diamond Island Convention and Exhibition Center. -Focus on Innovation and G...

11/11/2023

Prepare to be captivated as the renowned Madama Butterfly graces Cambodia’s stage for the first time. 🎼🌏 Here’s everything you need to know about this monumental event:

🗓️ Historic Premiere: The long-awaited evening of December 10, 2023, will mark the first time the emotional depth of Madama Butterfly is performed in Cambodia, introducing a new era for opera enthusiasts in the region.

🎤 Global Talents Meet Local Star: Witness the remarkable Sethisak Khuon, an award-winning Cambodian tenor, as he joins forces with international opera virtuosos like Enrico Terrone-Guerra from Italy and Japan's Yasuko Fuji, in a transcendent blend of Eastern and Western artistry.

🎶 Orchestral Splendor: Under the baton of renowned maestros, the Phnom Penh Philharmonic and Choir will breathe life into the score, providing an auditory backdrop that promises to be as lush and evocative as the story itself.

💸 Ticket Savings Alert: With prices ranging from a modest $25 to a premium $135, attendees can enjoy a 5% discount courtesy of ABC Beer by using the promotional code ‘ABCExceptional’—a small price for an evening of unparalleled cultural richness.

🏛️ Regal Setting: The Koh Pich Theatre, known for its architectural elegance, offers the perfect ambiance for this opera, ensuring that the audience is not only mesmerized by the performance but also by the grandeur of their surroundings.

Great to have Tassilo Brinzer, Thierry Tea, Andy Hewson, Gabriele Faja on the panel discussion. Great work by Kounila Keo & Anirudh Bhati and the Mekhala Radiant Communications team for organizing the event.

16/10/2023

🌟 Exciting times ahead for Cambodia's tourism landscape! Bay of Lights is proud to unveil its Nightmare Carnival, a transformative experience that promises to set new standards for experiential tourism in Sihanoukville. Here are 5 key points that showcase the magnitude of this game-changing event. 🌟

1️⃣ Unprecedented Attendance Forecast 📈: Following the success of Skyfest, which brought in 10,000 tourists, the Nightmare Carnival is expected to captivate over 14,000 visitors! A true testament to Sihanoukville's growing appeal as a tourism magnet.

2️⃣ A High-Profile Launch Event 🎉: The Nightmare Carnival was announced in a distinguished gathering attended by His Excellency Kouch Chamroeun, Governor of Preah Sihanouk Province, and Deputy Governors Mr. Long Dimanche and Mr. Em Pheap, emphasizing a collaborative commitment to promote Sihanoukville as a premier tourism hub.

3️⃣ Endless Entertainment Options 🎭: The Nightmare Carnival promises a rich array of activities for everyone—hauntingly designed spaces, moonlit fun runs, and al fresco horror movie screenings. Your experience will be nothing short of exhilarating!

4️⃣ Long-Term Vision 🗓️: Beyond the Nightmare Carnival, Bay of Lights has a series of Intellectual Property (IP) events in the pipeline. This includes a Christmas Winter Wonderland and a year-end countdown celebration, reinforcing our ongoing commitment to enriching the local tourism scene.

5️⃣ A Catalyst for Regional Development 🏗️: The Nightmare Carnival isn't just an event; it's part of a strategic roadmap aimed at fulfilling Cambodia's vision of becoming the next premier tourism destination in the Indochina region.

Continuing its aim to elevate Sihanoukville into a world-class tourism destination, Bay of Lights has announced its latest venture, the Nightmare Carnival. Scheduled for October 20 to November 4, 2023, this Halloween-themed event aims to build on the success of previous attractions and boost tourism...

25/09/2023

📢 Exciting news! Forte Insurance (Cambodia) Plc has just received a credit rating upgrade from Global Credit Rating (GCR), a highly-respected financial rating agency. This is a milestone that underscores our financial resilience and commitment to excellence. Here are 5 main takeaways from this achievement:

1️⃣ Rating Boost 🌟: Forte’s international financial strength rating has been upgraded to B+ from B, and the national scale rating has ascended to AA+ (KH) from AA (KH). This dual upgrade reflects our unwavering focus on financial stability.

2️⃣ Solid Financials 💰: The upgrade is a result of our improved capitalization and liquidity. These pivotal financial metrics solidify our standing as a reliable and secure insurance provider in both national and international landscapes.

3️⃣ Competitive Edge 🏆: The credit rating boost also hails from our competitive positioning in the market, evidenced by rapid growth in gross premiums and good diversification across different lines of business.

4️⃣ Awards & Recognition 🏅: Besides the GCR rating, Forte has also been named Cambodia’s Best Inclusive Business Company at the Sixth ASEAN Inclusive Business Summit. We've also clinched a third consecutive regional award for Domestic General Insurance of the Year from Insurance Asia.

5️⃣ Leadership Speaks 🗨️: Nirorn Pin, the Group Chief Financial Officer, emphasized that this rating upgrade not only lowers our credit risk but also demonstrates our creditworthiness and business confidence, paving the way for better financing conditions in the future.

Let’s keep the momentum going! A big thank you to our team, customers, and partners for your continued support. 🙏💪

Forte Insurance (Cambodia) Plc has recently received a significant credit rating upgrade from Global Credit Rating (GCR), a leading financial rating agency. The firm’s international scale financial strength rating has been upgraded to B+ from B, while its national scale rating has been raised to A...

07/09/2023

📣 Big News from HEINEKEN (Cambodia)! They have announced that Andy Hewson has been appointed as the new Managing Director. Below are the 5 critical points you need to know:

1️⃣ Official Appointment: Andy Hewson assumed his role as Managing Director for HEINEKEN Cambodia on August 1, 2023, following an official announcement. He takes over from Samson Wong, continuing to build on the company's long-standing history and vision for the future. 📆✨

2️⃣ Experienced Leader: Andy isn't new to the HEINEKEN family. He brings over 12 years of dedicated experience within the HEINEKEN group. Adding to that, he has more than 15 years in the Fast-Moving Consumer Goods (FMCG) sector, particularly focusing on F&B sectors across beer, spirits, and food categories within Asia Pacific. 🌍📈

3️⃣ Community Focus: Taking the reins from Samson Wong, Andy is fully committed to carrying forward HEINEKEN Cambodia’s ‘Brew A Better Cambodia’ agenda. This entails a robust strategy focused on innovation, sustainability, and creating a positive impact on local communities. 🍻🌳🤝

4️⃣ Talent Development: In addition to his new role, Andy will continue to chair HEINEKEN’s APAC BOOST (Building Our Own Sustainable Talent) Steering Committee. This initiative is a cornerstone of HEINEKEN's strategy for nurturing talent across the Asia-Pacific region. 🚀👨‍🎓

5️⃣ Previous Success: Andy's leadership has already been marked by significant milestones. During his tenure in Singapore with Asia Pacific Breweries Singapore or APBS (part of The HEINEKEN Company), the firm was not only certified by Great Place to Work but also listed as a Top 10 employer in Singapore’s Best Employers list. Furthermore, under his watch, Tiger Beer was declared the ‘Most Valuable Southeast Asian Brand’ in 2023. 🏆🐯

Keep an eye out for more updates as HEINEKEN Cambodia continues its journey to brew excellence and contribute meaningfully to the community! 🍻🌟

HEINEKEN Cambodia has officially appointed Andy Hewson as its new Managing Director, succeeding Samson Wong. Andy Hewson brings over 12 years of experience within the HEINEKEN group to the role. His appointment comes amid HEINEKEN Cambodia's ongoing efforts to innovate and strengthen its commitment....

05/09/2023

ABC Reserve, Cambodia’s premier whisky-infused beer brand, has unveiled a new 330ml tall can format to cater to the evolving tastes of modern consumers. This strategic move aims to expand the brand’s market reach and aligns with its ‘Be Exceptional’ mantra. The new offering is now available across major retail outlets in Cambodia, marking another milestone in ABC Reserve’s commitment to innovation and quality.

ABC Reserve, Cambodia's premier whisky-infused beer brand, has unveiled a new 330ml tall can format to cater to the evolving tastes of modern consumers. This strategic move aims to expand the brand's market reach and aligns with its 'Be Exceptional' mantra. The new offering is now available across m...

28/08/2023

Discover the educational opportunities Australia has to offer for your children at the Australian Schools Information Day in Phnom Penh on Sunday, 10th September. Hosted at the Hyatt Regency, the event will feature representatives from Australia’s top schools, providing insights into the curriculum, costs, and pathways to global universities. Organized by AEAS, the event aims to guide parents through the complexities of international schooling, offering a comprehensive look at what makes Australian education exceptional.

Discover the educational opportunities Australia has to offer for your children at the Australian Schools Information Day in Phnom Penh on Sunday, 10th September. Hosted at the Hyatt Regency, the event will feature representatives from Australia's top schools, providing insights into the curriculum,...

14/08/2023

The Cambodia-Japan “Co-Creation” Networking Symposium, organized by the Japan External Trade Organization (JETRO) and Japan Aerospace Exploration Agency (JAXA), has unveiled new opportunities for collaboration between Cambodia and Japan.

Focusing on agricultural innovation, emissions reduction, and technological advancement, the symposium celebrated significant milestones and strengthened bilateral ties. It provided a platform for businesses from both countries to explore cutting-edge technologies, highlighting a shared commitment to sustainable growth and mutual prosperity.

The Cambodia-Japan "Co-Creation" Networking Symposium, organized by the Japan External Trade Organization (JETRO) and Japan Aerospace Exploration Agency (JAXA), has unveiled new opportunities for collaboration between Cambodia and Japan. Focusing on agricultural innovation, emissions reduction, and....

14/08/2023

MR Training and Jobs Center (MRTJC) has unveiled a comprehensive range of HR outsourcing solutions in Cambodia, with packages catering to various business sizes, ranging from $4,200 to $16,000. Tailored to streamline HR processes, ensure legal compliance, and foster youth development, these solutions aim to reshape the human resources landscape in the country.

The initiative sets a new standard for HR management in Cambodia, reflecting a broader commitment to empower businesses and cultivate the nation's talent.

MR Training and Jobs Center (MRTJC) has unveiled a comprehensive range of HR outsourcing solutions in Cambodia, with packages catering to various business sizes, ranging from $4,200 to $16,000. Tailored to streamline HR processes, ensure legal compliance, and foster youth development, these solution...

05/08/2023

🌍🔌 We're entering an exciting era in the auto industry where brands like MG are powering up the transition towards Electric Vehicles (EVs). For countries like Cambodia, this could mean a sustainable future with massive benefits. Here are the top 5 highlights:

1️⃣ Zero Emissions Drive 🚙💨: MG is going full-throttle into the EV space with successful launches like MG4 and Marvel R EV. They are committed to a future with zero emissions! 🍃

2️⃣ Lower Operational Costs 💰⚡: EVs can bring significant economic benefits. Thanks to cheaper electricity compared to fossil fuels, owners can enjoy lower operational costs. Imagine slashing your fuel bill by up to 70%! 📉

3️⃣ Cleaner Cities 🏙️🌱: With widespread EV adoption, Cambodia could dramatically reduce air pollution in urban areas like Phnom Penh, making the cities healthier places to live. 👍

4️⃣ Potential Job Creation 🧑‍🔧📈: Embracing the EV revolution could stimulate job growth in Cambodia, creating opportunities in a sector expected to grow by 32% by 2029 globally! 🚀

5️⃣ Energy Independence 🛢️➡️🔋: By reducing reliance on imported oil, Cambodia can move towards energy independence. EVs could cut Cambodia's oil import bill significantly, strengthening the local economy. 🏦

Let's embrace the for a greener, more sustainable future! 🌍⚡🚗💪

The transition to electric vehicles (EVs) is reshaping the global automotive industry, and MG, a British automotive brand, is at the forefront of this change. As Cambodia seeks to align with sustainable transportation trends, MG's shift towards EVs offers the nation an opportunity to reduce environm...

31/07/2023

CamEd Business School in Cambodia marked the third term intake of its Master of Science in Accounting & Finance +ACCA Program with an industry networking event.

There are 4 main takeaways from the article:

1. The school has secured accreditation from esteemed organizations such as the Accreditation Committee of Cambodia and the Association of Certified Chartered Accountants (ACCA).

2. CamEd is committed to delivering an education that meets international standards and significantly contributes to Cambodia’s rapidly growing economy.

3. Steady economic expansion has resulted in an increased demand for competent accountants, underscoring the necessity for professionals who can ensure transparency and efficient financial management.

4. This rigorous training ensures graduates are primed for prosperous careers in auditing, assurance, insurance, accounting, and finance.

Click the link below for further reading!

CamEd Business School in Cambodia has celebrated the third term intake of its innovative Accounting & Finance +ACCA Program, hosting a high-profile industry networking event at Rosewood. The event brought together students, industry professionals, and distinguished speakers, creating a platform for....

31/07/2023

In a move to bolster Singaporean business ventures in Cambodia, the Singapore Business Investment Forum (SBIF) has been officially launched.

There are 4 main takeaways from the article:

1. The attendees represented a diverse range of industries, reflecting the broad scope of the SBIF’s mission.

2. Its primary objective is to foster closer ties with other business chambers, government agencies, and local partners in Cambodia.

3. Singapore Club Cambodia serves as an Official representative and works closely with the Singapore government agencies to support overseas Citizen & PR. SBIF’s objective is to provide support and update on current Government policy and investment in Cambodia.

4. The inception of SBIF is rooted in our commitment to bridge the information gap and re-establish Singapore’s branding presence in Cambodia.

Click the link below for further reading!

The Singapore Business Investment Forum (SBIF), a new platform aimed at supporting Singaporean businesses and potential investors in Cambodia, has officially launched. The forum seeks to foster closer ties with Cambodian business chambers, government agencies, and local partners, aiming to attract m...

30/07/2023

Panasonic Cambodia has announced a new partnership with the Phnom Penh Crown Football Club July 27, 2023 for the forthcoming 2023/24 football season.

There are 4 main takeaways from the article:

1. The strategic alliance is designed to elevate Cambodia’s footballing community, with a special focus on fostering training and academic opportunities for the nation’s youth.

2. The partnership agreement spans a variety of marketing and communications initiatives.

3. The nanoeX technology uses water capsules packed with OH radicals to combat and eliminate germs, providing a safe and healthy environment.

4. Well-being of people has always been at the heart of Panasonic’s mission.

Click the link for further reading!

Panasonic has announced a new partnership with the Phnom Penh Crown Football Club for the upcoming 2023/24 season. The strategic collaboration aims to uplift the standards of the Cambodian football infrastructure by integrating Panasonic's cutting-edge nanoeX technology.

29/07/2023

In a landmark move, Dr. Soeung Morarith, the CEO of Chief (Cambodia) Commercial Bank Plc (CHIEF BANK ), and H.E. Dr. Seth Khan, Rector of National University of Cheasim Kamchaymear (NUCK), announced a strategic partnership through a Memorandum of Understanding (MoU) signed on July 25, 2023.

There are 4 main takeaways from the article:

1. The focal point of this partnership is “Chief Easy”, the innovative digital micro-lending platform owned and operated by Chief Bank.

2. The app rides the wave of rapid digital adoption within the Cambodian banking industry, allowing customers to apply for loans at their convenience.

3. NUCK students and their parents or guardians stand to benefit greatly from special offers when applying for micro-loans through Chief Easy.

4. This partnership is an innovative fusion of education and finance, designed to enhance the digital banking experience and ease the financial burden of education.

For further reading click the link below!

Chief Bank and National University of Cheasim Kamchaymear (NUCK) have entered into a strategic partnership. This collaboration, pivots around "Chief Easy", an innovative digital micro-lending product specifically designed to assist with school fee payments and common financial challenges.

28/07/2023

In a move to solidify their presence in Southeast Asia, leading life and health insurer Prudential Plc and Asia’s top food and grocery delivery platform, foodpanda , have announced a strategic partnership to extend their services across Cambodia, Laos, and Myanmar.

There are 4 main takeaways from the article:

1. Prudential will design and offer a range of digital insurance products to foodpanda’s various stakeholders, including business partners and customers.

2. This move signifies the companies’ shared ambition to leverage each other’s strengths, deliver tailored digital solutions, and create better value for all involved parties.

3. The joint effort represents a significant leap towards a more integrated digital landscape where financial protection and essential services seamlessly converge.

4. This continued innovation and commitment to enhanced digital solutions from both organizations mark a new milestone in customer service.

For further reading click the link below!

Prudential and foodpanda have formed a strategic partnership to extend their operations across Cambodia, Laos, and Myanmar. The partnership will see Prudential offering digital insurance solutions to foodpanda's stakeholders. This alliance signifies a significant step towards a more integrated digit...