Headlines

Cambodia > Finance

Acleda, CDB ink $130M credit facility pact

07/13/2020 08:22

ACLEDA Bank Plc, Cambodia’s largest locally-owned commercial bank, has signed a $130 million long-term facility agreement with Chinese state-owned China Development Bank Corp (CDB), the world’s largest development bank by assets, it said in a press release on Friday.

Cambodia > Finance

Gov’t collects $1.68B in tax revenue

07/13/2020 08:16

The General Department of Taxation (GDT) collected $1.68407 billion in tax revenue in the first half of this year, up $181.68 million or 12 per cent compared to the same period last year, it said in a press release.

Cambodia > Finance

Kingdom’s financial sector healthy

06/26/2020 07:54

Cambodia's financial sector remains on a sustainable growth path despite the Covid-19 pandemic squeezing crucial industries, National Bank of Cambodia (NBC) governor Chea Chanto said.

Cambodia > Finance

More SMEs look to SCFS for loans

06/24/2020 08:24

It has been a little over two months since the government launched “SME Co-Financing Scheme 2020” (SCFS) to provide small and medium-sized enterprises (SMEs) with loans and preferential rates to maintain and develop their businesses and production lines.

Cambodia > Finance

GDT clarifies VAT on long-term assets in new guidelines

06/24/2020 08:17

The General Department of Taxation (GDT) has called on owners to effectively participate in the implementation of value-added tax (VAT) payments on the sale of long-term tangible assets.

Cambodia > Finance

E-wallet accounts skyrockets 64% last year to reach 5.22M

06/19/2020 08:27

The number of active e-wallet accounts in the Kingdom hit 5.22 million last year, a marked 64 per cent surge from 2018, the National Bank of Cambodia (NBC) said in a report on Wednesday.

Cambodia > Finance

GDT suspends e-filing of taxes until August

06/18/2020 07:39

The General Department of Taxation (GDT) has decided to suspend the e-filing of taxes by three months in response to requests from the private sector asking for more time to learn the new filing system.

Cambodia > Finance

EU bankrolls green energy initiatives

06/15/2020 07:55

The EU will provide $5.97 million to fund two new projects to boost a green economic recovery in Cambodia.

Cambodia > Finance

ARDB farm loans now total $31M

06/15/2020 07:53

Farm loan applications to the state-owned Agricultural and Rural Development Bank (ARDB) reached $31 million on Friday.

Cambodia > Finance

NBC meet set to shape post-Covid economy

06/09/2020 08:09

The National Bank of Cambodia (NBC) will host its seventh Annual Macroeconomic Conference under the theme “Discussion of Cambodia’s Economic Development Models” to gather input from academics, researchers, industry insiders and economists about how to structure the economy in a post-Covid-19 world.

 

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