The government has issued a three-month minimum tax exemption for the aviation sector and an exemption on all types of monthly taxes for tourism operators, it said in a press release on Tuesday.
SBI Lyhour Bank Plc, a subsidiary of Japanese internet banking giant SBI Holdings Inc, was awarded an official licence by the National Bank of Cambodia (NBC) to operate in the Kingdom.
The government will disburse between $500 and $600 million in low-interest loans to financial institutions to enable them to provide loans to businesses at lower interest rates.
The National Bank of Cambodia (NBC) on Friday issued a directive to all banks and financial institutions to restructure credit for loans in four priority sectors, a move lauded by the private sector.
The National Bank of Cambodia (NBC) has urged government ministries, financial institutions and the public to conduct cashless payments via electronic systems where possible to combat the spread of Covid-19.
The National Bank of Cambodia (NBC) on Wednesday announced the release of two more policies to increase liquidity in the local economy.
Cambodia's Central Bank on Thursday issued a capital conservative buffer to ensure liquidity and promote lending amid the outbreak of Covid-19.
The state-owned Rural Development Bank (RDB) on Monday launched a $50-million fund to increase access to credit for small- and medium-sized enterprises (SMEs) in the local agriculture sector.
The Asian Development Bank (ADB) has committed to continue its financial and technical support for the government’s Agricultural Development Plan 2012-2023.
The General Department of Taxation (GDT) has announced that companies wanting to benefit from tax cuts resulting from the country’s double taxation avoidance (DTA) agreements must send in their applications before March 31.