Headlines

Cambodia > Finance

Central bank, telecoms ministry join hands to digitise economy

04/30/2021 16:33

The National Bank of Cambodia (NBC) and the Ministry of Posts and Telecommunication signed a memorandum of understanding (MoU) aimed at fostering the country's ambitious plan of transforming itself into a digital economy over the next few years.

Cambodia > Finance

Microfinance body calls for more lending

04/29/2021 07:48

Cambodia Microfinance Association (CMA) on April 27 urged its members to release more credit to customers as the spread of Covid-19, exacerbated by the February 20 community transmission is having a huge impact on all businesses, especially in Phnom Penh and Takmao town.

Cambodia > Finance

CDC signs off on over $20M in projects for April’s first half

04/23/2021 08:10

Cambodia approved five investment projects worth over $20 million in the first two weeks of this month that are expected to create 3,706 jobs, according to a report from the Council for the Development of Cambodia (CDC).

Cambodia > Finance

Financial institutions see jump in lockdown-era digital transactions

04/23/2021 08:07

Financial institutions (FI) logged a sudden spike in digital transactions during lockdown, adding further to the upward momentum fuelled by rising fears triggered by a spike in new Covid-19 cases found in connection to the February 20 community transmission.

Cambodia > Finance

Customs books nearly $615M in first quarter

04/22/2021 07:58

The General Department of Customs and Excise’s (GDCE) revenue collection plummeted 15.2 per cent to $614.8 million in the first quarter of this year compared to the corresponding period last year.

Cambodia > Finance

Wing granted commercial bank licence

04/20/2021 07:52

The National Bank of Cambodia grants licence to Wing to operate a commercial bank through its extensive digital financial ecosystem.

Cambodia > Finance

Taxpayers still able pay online during lockdown

04/19/2021 08:07

The General Department of Taxation (GDT) has advised taxpayers and tax service agencies located in lockdown-restricted areas to electronically file income tax returns and avoid the risk of spreading the novel coronavirus.

Cambodia > Finance

Sub-decree defines VAT provisions

04/13/2021 11:02

The government has issued a sub-decree on the implementation of value-added tax (VAT) on e-commerce activities in Cambodia.

Cambodia > Finance

AIA Cambodia Appoints Andrew Loh as CEO

04/13/2021 11:00

AIA (Cambodia) Life Insurance Plc (“AIA Cambodia”) is pleased to announce the appointment of Andrew Loh as its new Chief Executive Officer, effective 1 May 2021.

Cambodia > Finance

Banks, MFIs waive interest payments amid Covid outbreak

04/13/2021 10:59

The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) have jointly decided to waive interest payments for two months for debtors affected by Covid-19 at the request of Prime Minister Hun Sen.

 

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