Latest Banking Finance
Frontier Innovators Applications Open
Australian Minister for Foreign Affairs, the Hon Julie Bishop announced the opening of Frontier Innovators last week. According to a release from AusCham, on 25 July the Australian Minister...
Aug, 03 2017
Minister: Cambodia Must Fend For Itself
Cambodia needs to attract more investment in its manufacturing sector.Cambodia needs to support its own development and can expect a cutback in grants, soft loans and highly favourable trade pri...
Aug, 02 2017
More Tax Revenue Needed To Cover Spending, Says IMF
Traffic goes past the General Department of Taxation headquarters along Russian Blvd in Phnom Penh. KHMER TIMES / FABIEN MOURET At the conclusion of its annual Article IV consultation, the...
Jul, 26 2017
Cambodian Riel Strategy Takes Shape
The National Bank of Cambodia wants the Kingdom to wean itself from the nationwide use of the dollar. KHMER TIMESCambodia’s first draft national strategy on promoting the riel is to be finalised...
Jul, 26 2017
Islamic Finance To Debut Soon In Cambodia
Tan Sri Dr Wan Zahid Bin Noordin (left), chairman of the WIEF Education Trust, attends a workshop on financial inclusion held at the Intercontinental Hotel in Phnom Penh. KHMER TIMES/SUPPLIEDIsl...
Jul, 25 2017
Rising Financial Sector Eyes Stability
The Cambodian national flag flies on top of the National Bank of Cambodia’s headquarters on Norodom Boulevard in Phnom Penh. A first semester report released on Saturday by the National Ban...
Jul, 24 2017
ADB: Cambodia’s Prospects Are Robust
Economic growth in Cambodia along with its other Asean neighbours is expected to accelerate further with the kingdom’s current account deficit narrowing, according to an Asian Development Bank report...
Jul, 21 2017
World Bank Commits $540m To Cambodia
Cambodia’s Industrial Development Policy aims to transform and modernise the country’s industrial structure from a labour intensive industry to a skill-driven industry. KHMER TIMES/May Kunmakara...
Jul, 20 2017
Untapped Insurance Funds Could Help Capital Market
Huy Vatharo, chairman of Insurance Association of Cambodia. The dearth of investment options in the local capital market has prompted insurers in Cambodia to rely on underwriting for p...
Jul, 19 2017
IMF To Asean: Avoid Tax Competition
At 17%, Singapore has the lowest corporation tax in Asean.The International Monetary Fund has urged Asean countries to step up cooperation over tax issues, in particular to avoid tax competition...
Jul, 18 2017
Cambodia, Myanmar Trade Cooperation
Trade between Cambodia and Myanmar may be strengthened through SME investments: Foreign Minister Prak Sokhonn. According to the Ministry of Foreign Affairs and International Cooperation, Ca...
Jul, 14 2017
VAT For MFIs Delayed
The GDT & private sector will continue to cooperate on “Basic Financial Services” and implementation of the 10 % VAT rate. KHMER TIMES / FABIAN MOURET The government announced yesterday that i...
Jul, 07 2017