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Cambodia > Finance

Credit Guarantee Corporation of Cambodia launches $50 million Co-Financing Guarantee Scheme to support SMEs

09/23/2021 08:20

Credit Guarantee Corporation of Cambodia (CGCC) announce the launch of the Co-Financing Guarantee Scheme (CFGS). CFGS is specifically designed for the co-financing loans disbursed under the SMEs Co-Financing Scheme Phase II (SCFS II) of the SME Bank of Cambodia.

Cambodia > Finance

Tripartite MoU on financial literacy, inclusion endorsed

09/20/2021 08:08

Three industry bodies are set to work together to enhance and mainstream financial literacy and inclusion among young entrepreneurs, as well as small- and medium-sized enterprises (SME) in Cambodia.

Cambodia > Finance

VAT rules for non-resident operators in e-commerce

09/16/2021 08:29

The Ministry of Economy and Finance has issued a prakas introducing new rules and procedures governing value-added tax (VAT) on goods and services provided via e-commerce.

Cambodia > Finance

Loba highlights value of accounting, auditing

09/15/2021 09:19

The Ministry of Economy and Finance’s Accounting and Auditing Regulator (ACAR) on September 13 reiterated a call for business owners to fully honour their accounting and auditing obligations.

Cambodia > Finance

Tax revenue surpasses $1.9B

09/15/2021 09:16

The Ministry of Economy and Finance’s General Department of Taxation (GDT) collected $1.90927 billion in taxes in the first eight months of 2021, down by $151.3 million or 10.60 per cent from the same period last year.

Cambodia > Finance

Kingdom hops on BRI digital taxation wagon

09/14/2021 09:41

Cambodia is committed to harnessing digitalisation for better coordination in tax administration, as a jurisdiction that subscribes to China’s Belt and Road Initiative (BRI), according to a General Department of Taxation (GDT) press release issued on September 12.

Cambodia > Finance

Acleda earmarks $79M to underprop SMEs

09/08/2021 07:47

The locally-owned Acleda Bank Plc, the Kingdom’s largest bank in terms of assets, has reserved a $79 million fund to support the growth of small and medium-sized enterprises (SME), according to president and group managing director In Channy.

Cambodia > Finance

Public Bank Group records $700M in first-half net profit

09/01/2021 09:00

Malaysia's Public Bank Group, parent company of Cambodian Public Bank Plc, reported a sound business performance despite ongoing interruptions from Covid-19.

Cambodia > Finance

Wing Bank signs on to ministry’s CambodiaTrade

08/31/2021 08:47

The Ministry of Commerce and Wing Bank (Cambodia) Plc, a subsidiary of local conglomerate Royal Group of Companies Ltd, on August 30 entered into a partnership agreement to integrate digital payment systems into the ministry’s e-marketplace, CambodiaTrade.com, to help shore up Cambodian small- and medium-sized enterprises (SME).

Cambodia > Finance

$240M IMF allocation on way to Kingdom

08/25/2021 08:16

Cambodia will receive about $240 million out of the International Monetary Fund’s (IMF) largest-ever distribution of Special Drawing Rights (SDR), equivalent to some $650 billion, which came into effect on August 23.

 

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