Khmer Capital Microfinance Plc became the most recent microfinance institution (MFI) in Cambodia’s crowded market, when it celebrated its official opening yesterday after obtaining a license from the National Bank of Cambodia (NBC) in July...
28th November 2017
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Controversial Gold Tower 42 will resume construction early next year and is expected to be completed by the end of 2019, according to an announcement made by the developer on Wednesday...
24th November 2017
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Cambodia’s economy is predicted to remain strong and resilient for the next two years, driven by a shift to higher value-added manufacturing, despite concerns over political stability and the slowed growth of both the construction and garment sectors, the World Bank said yesterday in its latest review of the Cambodian economy...
23rd November 2017
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A new organic vegetable market opened in Kampong Thom recently amid the government efforts to boost production of chemical-free vegetable and improve farmers’ living standards...
22nd November 2017
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Water subscription continued to see stable increase in 3Q17 with 5,616 new clients subscribing during the period. Total number of subscriptions reached 327,388 at the end of September, up 5.8% compared to the end of last year...
22nd November 2017
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Wing, a local provider of mobile banking services, and the National Social Securities Fund (NSSF) have signed an agreement to give employers and employees access to cashless payments...
21st November 2017
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The National Bank of Cambodia (NBC) announced that banks and microfinance institutions (MFIs) with total equity of approximately $15million or above can now issue corporate bonds or list equity securities on the Cambodian stock market, a move industry insiders claim will help reduce reliance on foreign borrowings...
20th November 2017
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Nippon Express, a Japanese company specializing in truck, rail and air transport services, is now considering an expansion of its operations in Cambodia...
16th November 2017
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According the a new prakas signed by Finance Minister on October 27, the government has decided to lower withholding tax on interest on loans that microfinance institutions (MFIs) acquired from abroad from 14% to 10%, the move it claims will keep the sector sustainable...
15th November 2017
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Japanese tourist arrivals to Cambodia reached 146,000 during the first nine months of 2017, a 6.8% increase compared to the same period last year, according to figures from the Ministry of Tourism...
14th November 2017
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