The number of start-ups in ASEAN that have raised more than $1mn in funding almost tripled between 2015 and 2021, from 652 to 1,920, registering a faster growth than India, the US and Europe, said the ASEAN Investment Report 2022, released recently...
20th September 2022
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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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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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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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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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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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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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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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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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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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