Coporate News

Wing Bank offering 8% interest for term deposits

Wing Bank (Cambodia) Plc announced that it has increased its interest rate for term deposits up to 8% p.a. and savings accounts to up to 3% p.a., bringing even greater benefits to its customers. Existing customers who maintain a minimum balance of 400,000 Khmer riel, or US$100, will qualify for the savings account's new interest rate of 3% per annum. The interest will be accrued on daily basis based on customers’ available balance, and it will be credited into their savings account...

16th September 2022

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Economy & Industry

Cambodia's export value surges 26% YoY in January-August

Cambodia exported $15,641mn worth of goods in the January-August period of this year, up by 26.3% compared to the same period last year, the General Department of Customs and Excise report said on Monday...

13th September 2022

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Coporate News

Canadia Bank wins Best Domestic Bank and Best SME Bank in Cambodia

Canadia Bank, Cambodia's leading commercial bank, was awarded "Best Domestic Bank in Cambodia" and "Best SME Bank in Cambodia" by International Finance Awards 2022. Canadia Bank is the first and....

12th September 2022

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Coporate News

CDC okays Toyota's $36.7mn assembly plant in PP

Toyota Tsusho Manufacturing (Cambodia) Co Ltd will build an assembly plant worth $36.7mn in Phnom Penh, a statement released by Council for the Development of Cambodia (CDC) said. Cambodian Special Economic Zone Board....

09th September 2022

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Coporate News

ADB launches new project to improve skills, competitiveness of Cambodia's Labor Force

ADB has been researching and developing a new project called "Skills for Future Economy" with the main purpose of improving the industry in Cambodia. Ith Samheng, Minister of Labor and Vocational Training, met with Jyotsana Varma, Country Director of the Asian Development Bank....

08th September 2022

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Coporate News

Pi Pay Partners With OxPay To Explore International Payments Alli

OxPay Financial Limited is pleased to announce that its wholly-owned subsidiary, OxPay SG Pte. Ltd., has entered into a memorandum of understanding with Pi Pay, a payments solutions platform headquartered in Cambodia, to explore an international payments....

07th September 2022

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Coporate News

Westline Education Group set plan for IPO

The Phnom Penh-based Westline Education Group Co Ltd (WEG) still plans to sell shares through an initial public offering (IPO) on the Cambodia Securities Exchange's (CSX) secondary Growth Board "in the upcoming years" to diversify its...

06th September 2022

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Coporate News

GDCE cracks 15,000 smuggling cases in 1H22

The General Department of Customs and Excise (GDCE) has cracked down 15,631 smuggling cases, while 862 enterprises have been placed by the General Department of Taxation (GDT) on the risk list which was rejected from tax registration and returned for additional review...

05th September 2022

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Economy & Industry

Investment projects worth $83M to create 2K jobs

Around 2,000 jobs are expected to be created in the country after the Council for the Development of Cambodia (CDC) approved five investment projects worth $82.7M...

02nd September 2022

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Coporate News

Sihanoukville Port's profit rise jump 220% YoY on expansion

The state-owned Sihanoukville Autonomous Port (PAS) saw a jump in profit by 219% YoY or $7.57 million to about $11 million in the second quarter of this year compared to $3.43 million in the same period of last year, according to a senior official of the port. The official said in the second quarterly report released by PAS for 2022...

01st September 2022

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