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Cambodia > Finance

PPCBank clients can now repay loans with True Money Wallet

10/23/2020 07:50

Phnom Penh Commercial Bank (PPCBank) – the Cambodian subsidiary of JB Financial Group’s flagship lender – signed a deal with a Thailand-based financial technology firm to provide electronic loan repayment services to customers, the South Korean banking group said on Wednesday.

Cambodia > Finance

Capital gains tax postponed until January 1, 2022

10/23/2020 07:47

The government has decided to postpone the implementation of the capital gains tax from January 1, 2021 to January 1, 2022, the Ministry of Economy and Finance’s General Department of Taxation (GDT) said on Thursday.

Cambodia > Finance

Prudential teams with tech firms to enhance its insurance offerings

10/22/2020 08:20

Prudential (Cambodia) Life Assurance Plc on Tuesday signed a memorandum of understanding (MoU) with Vietnamese-owned mobile operator Viettel (Cambodia) Pte Ltd (Metfone) and mobile financial services provider E-Money Payment Solutions Plc (e-Money).

Cambodia > Finance

PM calls on banks, MFIs to assist flooding victims

10/22/2020 08:16

Prime Minister Hun Sen has called on banks and microfinance institutions (MFIs) to be more understanding in restructuring loans, easing interest rates or delaying repayments to customers affected by the recent floods.

Cambodia > Finance

IMF commited to Cambodia

10/21/2020 08:00

The International Monetary Fund (IMF) is firmly committed to continuing to help revitalise Cambodia’s economy in its post-Covid-19 recovery and provide the much-needed impetus for growth and development.

Cambodia > Finance

NBC to sell $50B in forex intervention

10/21/2020 07:58

The National Bank of Cambodia (NBC) on Tuesday called for licensed banks, microfinance institutions (MFIs) and money changers to join a $50 million foreign exchange (forex) intervention auction.

Cambodia > Finance

Korean lender gets commercial bank licence

10/14/2020 07:47

South Korea’s DGB Daegu Bank said it received a licence from the National Bank of Cambodia (NBC) to transform its specialised banking unit in the Kingdom into a full-fledged commercial bank.

Cambodia > Finance

NBC: Financial sector basks in 41 years of rapid growth, development

10/14/2020 07:46

The national banking system has been continuously modernised in line with international financial standards and has played a key role in maintaining macroeconomic stability, supporting economic growth, promoting socio-economic inclusion and reducing poverty.

Cambodia > Finance

GDT on track to meet this year’s tax collection target

10/14/2020 07:42

The Ministry of Economy and Finance’s General Department of Taxation (GDT) collected $2.22595 billion in tax revenue in the first nine months of this year, up $80.31 million or 3.71 per cent compared to the same period last year, it said in a press release.

Cambodia > Finance

Insurance, tech sector teaming up in Kingdom

10/09/2020 10:49

Tokyo-based- Dai-ichi Life Insurance PLC signed a Memorandum of Understanding (MoU) with Viettel Cambodia (Metfone) and E-Money Payment Solutions Plc to jointly promote information technology and digital services and products in the field of life insurance in Cambodia.

 

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