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.
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.
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.
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.
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.
The EU will provide $5.97 million to fund two new projects to boost a green economic recovery in Cambodia.
Farm loan applications to the state-owned Agricultural and Rural Development Bank (ARDB) reached $31 million on Friday.
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.
J Trust Royal Bank Ltd, the Kingdom’s largest Japanese-owned financial institution and a majority shareholder of ANZ Royal Bank (Cambodia) Ltd, has announced that it will collaborate with the Ministry of Public Works and Transport to facilitate payments of transaction fees for citizens.
Smartluy Plc, a subsidiary of a Malaysian-owned Smart Axiata Co Ltd, a leading telecommunications service provider in Cambodia, and cashless payment platform Pi Pay Plc on Monday received approval from the National Bank of Cambodia (NBC) to merge.