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Cambodia > Finance

CDC opens tax desk to advise foreign firms

07/02/2018 10:59 | 0 comments

The Council for the Development of Cambodia (CDC) established a tax desk at their offices that will be staffed by employees from the General Department of Taxation, in hopes of easing the burden of registration for foreign companies.

Cambodia > Finance

CBC says growth of credit charging ahead

06/02/2018 07:54 | 0 comments

Credit Bureau Cambodia (CBC) yesterday released its report for the fourth quarter of 2017, which showed significant growth in applications for credit, particularly in the credit card and mortgage sectors.

Cambodia > Finance

India loan signed to fund dam in Kampong Speu

29/01/2018 08:02 | 0 comments

India’s state-owned Export-Import Bank agreed to loan $36.92 million to the Cambodian government to fund the development of a dam and reservoir in Kampong Speu province.

Vietnam > Stock Market

Finance stocks push the VN-Index upwards

27/01/2018 14:33 | 0 comments

Shares cooled down a little on Friday on the HCM Stock Exchange after a “crazy” session on Thursday, backed by strong growth of finance stocks.

Cambodia > Finance

NBC officials appointed to CPP central committee

23/01/2018 08:16 | 0 comments

Three deputy governors at the National Bank of Cambodia (NBC) were appointed to the ruling party’s central committee at the party’s congress on Sunday.

Cambodia > Finance

MFI unveils program for drought insurance

22/01/2018 08:35 | 0 comments

Microfinance institution VisionFund International has launched an insurance program in Cambodia that will cover families affected by drought, according to a company statement released last Thursday.

Cambodia > Finance

Income tax threshold raised again

18/01/2018 10:25 | 0 comments

Workers in Cambodia who make over $250 should start to see more money in their paychecks starting this month, as the government has raised the withholding income tax threshold for the third straight year.

Cambodia > Finance

PNG bank enters Kingdom

18/01/2018 10:21 | 0 comments

Papa New Guinea-based Bank of South Pacific (BSP) has partnered with Thailand’s RMA Group in order to expand its offering of financing options for Cambodians in rural areas.

Cambodia > Finance

Kingdom’s banks see rising foreign influx

09/01/2018 09:51 | 0 comments

Cambodia’s banking sector saw an almost 32 percent increase in foreign capital inflow in 2017, a result of new foreign banks and stricter capital requirements set by the National Bank of Cambodia, according to the central bank’s annual report.

Cambodia > Finance

Delinquent loan rate continues to rise

09/01/2018 07:59 | 0 comments

The rate of microfinance loans with overdue payments nearly doubled last year according to the National Bank of Cambodia (NBC), though it remained within a normal range and was coupled with a rise in deposits.

 
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