With most countries trying to make a shift from high dependence on fossil fuels, Cambodia too is making attempt in that direction and is being given a strong handholding by the Asian Development Bank (ADB). To meet...
14th October 2022
Canadia Bank, one of Cambodia's oldest and leading commercial banks, sponsors the Global SME Finance Forum 2022, which takes place from 19th to 21st September in Phnom Penh. Cambodia hosts this global forum for the first time. The 9th Global SME...
21st September 2022
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
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
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
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
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
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
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
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
