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Cambodia > Finance

Acleda Bank, CBC ink business partnership

16/01/2019 14:04 | 0 comments

Acleda Bank Plc and Credit Bureau Cambodia (CBC) on Tuesday inked a business partnership to provide financial health check services, which allow clients from financial institutions to check their own credit history at Acleda Bank.

Cambodia > Finance

Local SMEs await procedural details from tax authorities

11/01/2019 14:03 | 0 comments

Small and Medium Enterprises (SMEs) are still waiting for tax authorities to provide procedural details after the government announced tax incentives for SMEs in six priority sectors three months ago, said Federation of Associations for Small and Medium Enterprises of Cambodia (Fasmec) operations manager Ly Visal.

Cambodia > Finance

Prasac nominal capital up to $168M

10/01/2019 10:39 | 0 comments

Cambodia's largest microfinance institution Prasac has raised its registered capital from $110 million to $168 million, an amount five times larger than the National Bank of Cambodia’s (NBC) requirement.

Cambodia > Finance

National bank to embrace Industry 4.0

08/01/2019 14:16 | 0 comments

The National Bank of Cambodia (NBC) will continue to promote the development of the Fourth Industrial Revolution in the Kingdom’s financial sector, according to its Macro-economic and Banking Sector Development in 2018 and Outlook for 2019 report released last week.

Cambodia > Finance

CBC announces credit reporting system

01/01/2019 13:55 | 0 comments

Credit Bureau Cambodia (CBC) announced last week that it will launch a new credit reporting system which will transform the current consumer credit report into a commercial credit report that functions as a platform detailing a company’s credit history.

Cambodia > Finance

Double taxation accord set to be implemented

29/12/2018 14:13 | 0 comments

The double taxation agreement between Cambodia and three other countries has come into effect and will be implemented from January 1 next year, a General Department of Taxation (GDT) press release said.

Cambodia > Finance

Acleda inaugurates new business school campuses in PP’s Sen Sok

27/12/2018 09:10 | 0 comments

Cambodia's largest financial institution, Acleda Bank, inaugurated its subsidiary firm Acleda Institute of Business’ (AIB) new $36.7 million campuses (including land cost) in the capital’s Sen Sok district on Wednesday.

Vietnam > Bonds

Finance ministry eyes $8.78b bond issuance

20/12/2018 08:39 | 0 comments

The Ministry of Finance aims to issue VND200 trillion (US$8.78 billion) worth of Government bonds and develop green Government bonds in 2019.

Cambodia > Finance

DaraPay Commitment to offer more financial choices to the Cambodians

14/12/2018 10:12 | 0 comments

DaraPay, one of the newestmobile payment solution providers in Cambodia,held a private gathering to celebrate its 1st Anniversary. The event was held at Green Palace Hotel Phnom Penh, and was attended by some of DaraPay’s most valuable business partners, all staff members and top management.

Cambodia > Finance

General Department of Taxation collects $2B

13/12/2018 07:36 | 0 comments

The General Department of Taxation (GDT) collected more than $2 billion in revenue during the first 11 months of the year, an increase of 12.48 per cent compared to the same period last year, a Tuesday departmental report said.

 
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