The Cambodian government will drop its export management fee in 2018, incurring an annual loss of $20mn in revenue, in order to reduce the cost of doing business in Cambodia, according to the draft of the 2018 national budget...
08th November 2017
See More
Minister of Commerce Pan Sorasak has announced that the government will be spearheading a new National Cassava Policy aiming to address challenges in the industry and work towards ensuring a sustainable and resilient crop, strong value chains and greater regional market presence...
07th November 2017
See More
Cambodian Investment Management Insurance Agent (CIMIA), a subsidiary of Cambodian Investment Management, plans to launch today an insurance quote system allowing users and potential clients to get immediate access to details on an array of insurance products...
06th November 2017
See More
The Credit Bureau of Cambodia (CBC) is developing commercial credit reporting to allow its members to access the credit history of commercial enterprises...
01st November 2017
See More
Shares in Phnom Penh Water Supply Authority (PPWSA) finished at KHR3,880, down 0.26% from last month's close. Only 15,265 shares changed hands during October...
31st October 2017
See More
Cambodia’s garment and footwear exports will likely see a growth at around 5% this year, compared with 7% in 2017, a trend that industry insiders said due to a natural slowdown rather than an indicative of an overall decline or the current political situation...
26th October 2017
See More
Cross-border settlements in Yuan are expected to increase as Cambodia continues to deepen its economic dependency on China, a central bank official said yesterday...
25th October 2017
See More
The National Bank of Cambodia officially launched last Friday a test of its central shared switch (CSS) mechanism, which connects account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem...
24th October 2017
See More
Daegu bank has acquired 100% stake in Cam Capital Specialized Bank for $63mn, Korean media reported yesterday. The South Korean bank’s acquisition of Cambodia’s second largest specialized bank in terms of assets marked its third oversea investment after expanding into China and Vietnam...
20th October 2017
See More
Interest rates on microfinance loans issued in Khmer riel fell to the same level as those given in US dollar due to recent measures taken by the central banks to promote the local currency and the 18% interest rate cap imposed by the regulator in April this year, according to industry insiders...
19th October 2017
See More