Businesses registered in Cambodia have until the end of the month to pay their annual property tax to the country’s General Department of Taxation (GDT). According to the GDT, business owners must pay by September 30 to avoid being fined. ...

Cambodia advised a grouping of South East Asian nations to avoid using words that “would escalate tension between China and the Philippines” in a weekend statement, the country’s foreign ministry said on Wednesday. ...

The South Korean Embassy on Wednesday denied a news report that it had lobbied Cambodian military authorities to “crack down on protesters” in a bid to shield Korean investments in the garment industry, prior to Friday’s killing of five protesters and the wounding of more ...

In late 2009, two months after graduating with a degree in economics, Heng Piseth found a job as a credit officer with a microfinance institution in Kampong Thom province. The story reflects a larger trend confronting young Cambodians entering the financial sector’s job market. While ...

Cambodian-Japanese bank Maruhan Japan opened an office in Vientiane, the capital of Laos, on Saturday, making it the second Cambodian bank and the first Japanese bank to come to that country. Maruhan’s presence in Laos would boost economic and investment ties between the two ASEAN member ...

Cambodia’s economy grew by 7 percent in 2013 even though political row over the July election has still persisted, the National Bank of Cambodia (NBC) said Tuesday. The growth was lower than that of 2012, which was up to 7.3 percent. “In 2013, Cambodia’s economy achieved ...

The Singapore-based Phillip Capital Group has purchased a Malaysian-owned Hwang-DBS Commercial Bank in Cambodia for 40 million U.S. dollars and rebranded it as Phillip Bank on Thursday, a Bank’s chief said. Phillip Bank’s chairman Lim Hua Min said the Phillip Capital Group, which is an Asian ...

With regional and international competition increasing, Cambodia’s workers could be falling behind. A new World Bank report says Cambodia’s labor force lacks the skills to advance the country’s economy, even as an increasing number of young people enter the labor market. Kem Lay, a sociology researcher, ...

Garment workers’ calls for a $160 minimum wage are justified and should be honored, a new report by an international team of academics and labor experts has found. The authors—including a team from the University of London’s School of Oriental and African Studies, South Korean and ...

China is the largest provider of financial assistance to Cambodia for agriculture and irrigation development in the last three years, Cambodia’s Minister of Finance Keat Chhon said on Tuesday. Since 2010 to date, he said, Cambodia has received a total loan of $561 million and a ...

Orix, a Japanese financial conglomerate, will acquire about $11 million shares in Acleda Bank PLC, Cambodia’s largest Bank, by the year’s end, officials announced Wednesday, although industry executives said the investment appears only exploratory and likely won’t make more than a ripple in the Banking ...

Cambodia’s banking sector has maintained strong and steady growth in terms of loans and deposits in 2012 thanks to better economic performance, a central bank’s senior official said Tuesday. “Our banking system remains robust this year despite economic crisis in Europe and economic slowdown in the ...

Cambodia’s banking industry recorded a slight increase in lending in the first two months of this year after a sharp rise last year, according to a consolidated data provided by the National bank of Cambodia (NBC) on Saturday. The data showed that the kingdom’s 33 commercial ...

South Korea-owned Phnom Penh Commercial Bank Plc (PPCBank) on Tuesday officially listed its first corporate bond on the Cambodia Securities Exchange (CSX). ...

South Korean financial giant Woori Bank, widely seen as the preferred bidder for a 50 per cent stake in Cambodian microlender Prasac, is out of the running as it was not presented to the central Bank as an official bidder, local Banking officials have said. ...

The finance minister has asked South Korea’s Booyoung Group to invest more in the Cambodian financial-technology (fintech) market, which has seen remarkable growth during Covid-19, as the company’s chairman revealed preliminary plans for a university in the Kingdom focused on fintech and taxation. ...

China has done a lot to support Cambodia over the years, with millions of dollars in aid, loans and investment. But after reports last week that China has pledged another $500 million in soft loans and grants-and publicly thanked Cambodia for its support in Southeast ...

The Banking Jobs and Skills Summit 2023 is set to take place from September 29-30 at the National University of Management (NUM), featuring around 20 financial institutions and offering thousands of job opportunities to students. ...

A military officer convicted of fraud and sentenced to one year in prison in October is still em­ployed by the National Defense Uni­versity (NDU), the school con­firmed this week, despite the fact that the officer’s co-conspirator is now behind bars.   ...

The Appeal Court yesterday began hearing now-incarcerated former Anco Brothers deputy general director Heng Chheang’s appeal against Senator Kok An’s requested Phnom Penh Municipal Court injunction over his property. Chheang, and his wife, Tep Kolap, former Phnom Penh International University director, were convicted and sentenced to ...