Latest Banking Finance
Exports Up In First Quarter
Diversification of the economic base is essential to further enhance exports, say economists. KHMER TIMES/Chor Sokunthea Exports are up 12% in the first quarter of 2017 compared with the same peri...
Jul, 07 2017
Lacklustre Trading Debut In PAS Shares
Shares in Sihanoukville Autonomous Port (PAS) have not done as well as expected but fundamental factor and guaranteed dividend yield will attract more investors in the medium and long term say b...
Jul, 05 2017
Cambodia's Finance Sector Wants No VAT
Financial institutions want the government to abolish VAT for services to the public. KHMER TIMES / FABIAN MOURET Banking and financial industry figures have called on the government to abo...
Jun, 26 2017
Local Economy Unaffected By Rising Goods And Services Costs
According to the National Institute of Statistics, cost of transport has increased by more than 6 percent compared to the previous year. KHMER TIMES / CHOR SOKUNTHEA Although growth in...
Jun, 23 2017
New Platform To Consolidate Online Trading For CSX
Two men look at a monitor displaying stock information of the Cambodia Securities Exchange. KHMER TIMES / CHOR SOKUNTHEAInvestors will be able to trade stocks listed on the Cambodia Securities E...
Jun, 19 2017
Report On New Financial Services Tax Debunked
Transactions on the Cambodia Securities Exchange are exempt from VAT. KHMER TIMES / MAI VIREAKTax officials have denied local media reports of a new value added tax (VAT) on financial service us...
Jun, 12 2017
Port Shares End Slightly Higher On CSX Debut
Minister of Economy and Finance Aun Pornmoniroth opening trading on the CSX with Sihanoukville Autonomous Port debuting at 5,360 riel ($1.34). KHMER TIMES / MAI VIREAKSihanoukville Autonomous Po...
Jun, 09 2017
IMF: Make Youth A Demographic Dividend
Two female youths at the recent commune elections. Around 65 percent of the country’s population is 30 years of age or younger. KHMER TIMES / CHOR SOKUNTHEAThe International Monetary Fund says C...
Jun, 08 2017
Cost Of New Bank Service Tax May Be Passed On To Customers
Fees on financial services including money transfers, loan assessments and account maintenance services will now be subject to the 10 percent VAT, as well as any service that traditionally gener...
Jun, 07 2017
Central Bank To Carry Out On-site MFI Audits
A staff member counts out money on a counter of an MFI office in Phnom Penh. Cambodia Microfinance Association president Hout Ieng Tong claims that all their members have already complied with the 18...
Jun, 07 2017
Singapore Trumps US In Competitiveness Ranking
Singapore's iconic Merlion statue sprays water from its mouth into the Marina Bay at sunset. The Southeast Asian city-state has improved its IMD World Competitiveness ranking. Singapore moved up a...
Jun, 06 2017
Cambodian Business Outlook Remains Positive Through Elections
Supporters of the Cambodia National Rescue Party, the KIngdom's main opposition, campaign on the streets of Phnom Penh last week. KHMER TIMES Experts have predicted that Cambodia’s economy...
Jun, 05 2017