Headlines

Cambodia > Finance

Circulation of riel rises 33%

01/21/2020 08:20

The share of riel in circulation in the Kingdom grew by about 33 per cent year-on-year by last year’s end as deposits in riel increased by 37 per cent, said the National Bank of Cambodia (NBC) 2019 Review and 2020 Outlook report.

Cambodia > Finance

Circulation of riel rises 33%

01/20/2020 07:47

The share of riel in circulation in the Kingdom grew by about 33 per cent year-on-year by last year’s end as deposits in riel increased by 37 per cent, said the National Bank of Cambodia (NBC) 2019 Review and 2020 Outlook report.

Cambodia > Finance

Visa provides grant to boost women’s financial literacy

01/17/2020 08:17

VISA Inc has joined hands with the government in the ongoing Promoting Financial Literacy for Women and Women Entrepreneurs Project, which aims to boost productivity and efficiency in the Kingdom’s socio-economic development, the National Bank of Cambodia (NBC) said on Thursday.

Cambodia > Finance

NBC: Banking sector robust

01/17/2020 08:14

The local financial industry continued its rapid growth despite multiple regional and international challenges, the National Bank of Cambodia (NBC) said on Thursday.

Cambodia > Finance

Acleda, Wing team up to harmonise services

01/16/2020 07:43

Two leaders in the local financial industry have teamed up to enhance customer access to transfers, e-payment, loan repayment and remittance services.

Cambodia > Finance

Report: Banking system healthy

01/06/2020 07:55

Political stability, growth in all economic sectors and a strong banking system were major drivers that reinforced public confidence in the Kingdom’s banking system last year, said the National Bank of Cambodia (NBC).

Cambodia > Finance

Tax revenues exceed 2019 projections

01/03/2020 08:16

Sound macro-economic performance coupled with political stability resulted in the Kingdom collecting some $6 billion in tax last year, up more than $1.485 billion on the government’s target of $4.56 billion for the period.

Cambodia > Finance

2019 year in review

01/02/2020 07:48

January

Cambodia > Finance

GDT: ‘Tax reforms won’t harm corporations’

12/27/2019 08:54

The General Department of Taxation (GDT) released a statement on Wednesday aiming to quash fears that the Kingdom’s tax reforms would adversely affect corporate taxpayers, saying the moves are meant to “strengthen tax collection transparently and equitably”.

Cambodia > Finance

SME boom spurs PPCBank expansion with new branches

12/24/2019 07:55

Phnom Penh Commercial Bank (PPCBank) will add two new branches to its network in the capital this week as the South Korean-owned firm aims to target small- and medium-sized enterprises (SMEs), which represent some 80 per cent of the Kingdom’s economy.

 

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