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Cambodia > Finance

NBC selects three banks for pilot QR code system

18/06/2019 13:22

The National Bank of Cambodia (NBC) has selected three of the Kingdom’s banks to implement a Cambodian-Thai QR code-based payment system, which could begin late this year, the NBC said.

Vietnam > Companies

Finance ministry affiliate to divest from Maritime Bank (MSB)

14/06/2019 08:05

The Vietnam Debt and Asset Trading Corporation will auction a 0.34 percent stake in Maritime Bank this month.

Cambodia > Finance

Thailand’s Kingsmen CMTI banks on Cambodia, Myanmar results

11/06/2019 13:36

Thailand-based Kingsmen CMTI Plc is stepping up its services in Myanmar and Cambodia, amid business expansion by both Thai and foreign investors in the two countries, said Sunisa Ratnanenya, the company’s deputy managing director/exhibitions and museum, alternative marketing architecture and engineering.

Cambodia > Finance

CIMB, CapBridge to provide firms access to private capital

05/06/2019 07:48

CIMB Bank Bhd’s recent memorandum of understanding (MoU) with Singapore’s CapBridge Pte Ltd will facilitate capital raising and trading of shares for private companies through the latter’s investment platform and the 1exchange (1X) private securities exchange.

Cambodia > Finance

GDT begins transport tax collection for 2019

04/06/2019 14:19

The General Department of Taxation (GDT) has begun collecting transportation taxes for this year on June 1 and will continue until November 30, according to a notice dated May 31.

Vietnam > Companies

SHB Finance succeeds with issuances of certificates of deposit

27/05/2019 09:47

Fledging SHB Finance Co., Ltd. has successfully completed the issuance of the fourth tranche of certificates of deposits (CDs) with the total value of VND300 billion ($12.8 million) which was conducted through the book building process.

Cambodia > Finance

CBC reports $6.7B in consumer credit

21/05/2019 14:16

The total outstanding balance of consumer credit in Cambodia reached $6.7 billion at the end of March – a 7.4 per cent increase from the end of December – the latest report from the Credit Bureau of Cambodia (CBC) said.

Cambodia > Finance

NBC to continue to use tools to strengthen confidence in the riel

20/05/2019 10:34

The National Bank of Cambodia (NBC) announced on Friday that it will continue to strengthen confidence in the local currency by stabilising the currency exchange rate and enforcing its existing financial tools to boost the riel’s usage.

Cambodia > Finance

DeeMoney launches inbound Kingdom to Thailand service

20/05/2019 10:33

Thailand-based international money transfer service DeeMoney has announced inbound service to Thailand from Cambodia, according to its press release.

Cambodia > Finance

Asean+3 to strengthen regional currency swaps

06/05/2019 13:36

THE finance chiefs of 13 Asian countries, including Cambodia, on Thursday agreed on a preliminary framework to strengthen regional currency swap agreements, with aims to avoid overreliance on the US dollar.

 
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