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Cambodia > Finance

Tax collection Deep tax reform to be in effect

19/10/2018 10:40 | 0 comments

The General Department of Taxation collected more than $1.69 billion in revenue in the first nine months this year – an increase of more than $252 million from the same period last year – the department’s figures released on Thursday said.

Cambodia > Finance

Bred bank aiming to break top 10

15/10/2018 13:52 | 0 comments

BRED Bank Cambodia, a subsidiary of BRED Banque Populaire, expressed satisfaction with its growth in Cambodia since the launch of its headquarter in March last year and recent opening of new branches.

Cambodia > Finance

PM signs sub-decree on SME tax incentives

05/10/2018 16:20 | 0 comments

Small- and Medium Enterprises (SMEs) in Cambodia will receive tax incentives as the government intends to promote their development to create jobs and increase domestic production capacity.

Cambodia > Finance

Kingdom mulls tax as e-commerce booms

27/09/2018 13:58 | 0 comments

The Cambodian government is studying the possibility of introducing a tax on e-commerce sales and designing policies to support the expansion of the sector, as online trade is accelerating economic growth in the Kingdom.

Cambodia > Finance

Camlife teams up with Cellcard

25/09/2018 09:55 | 0 comments

The Kingdom’s insurance industry has enjoyed rapid growth in recent years, a trend that has been enhanced by partnerships with mobile network operators.

Vietnam > Stock Market

Finance, petroleum stocks extend market’s rally

21/09/2018 14:22 | 0 comments

Vietnamese shares gained steadily on Thursday, driven by positive investor confidence that lifted financial-banking and energy stocks.

Cambodia > Finance

Canadia sets aside $150M for SMEs

21/09/2018 14:06 | 0 comments

Canadia Bank, the Kingdom’s second largest bank by assets, has reserved a $150 million financing package designed to grant loans to small and medium- enterprises (SMEs), the bank’s executive Charles Vann confirmed Wednesday.

Cambodia > Finance

NBC launches financial literacy campaign

19/09/2018 10:03 | 0 comments

The National Bank of Cambodia (NBC) on Tuesday unveiled a financial literacy campaign aimed at boosting awareness among young Cambodians by way of their mobile devices.

Cambodia > Finance

GDT sees over $1.5B through August

12/09/2018 13:20 | 0 comments

Cambodia's General Department of Taxation (GDT) collected more than $1.5 billion in revenue during the first eight months this year, an increase of 12 per cent compared to the same period last year, the department’s report said.

Cambodia > Finance

NBC halts interest payouts on reserves of Kingdom’s banks

10/09/2018 13:36 | 0 comments

The National Bank of Cambodia has announced that it will stop offering interest payments to banks in the Kingdom for their currency reserves. Banking sector leaders say the move will not alter current business models.

 
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