News
Traders urged to use riel
In an effort to boost the use of the riel, private companies have called on the National Bank of Cambodia (NBC) to ensure that all goods worth less than $100 are priced in riel. ... ...
Sok Chan
http://www.khmertimeskh.com/news/36683/traders-urged-to-use-riel/
Banks Look to Offer Services Using Renminbi
Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ...
ANZ Royal sees yuan role
ANZ Royal Bank is seeking a larger part in handling transitions involving the Chinese yuan as the currency becomes more prevalent. Exports who bill their clients in yuan are being granted tax rebates of between 15 and 18 percent by the Chinese government. A service ...
http://www.phnompenhpost.com/index.php/2011072250563/Business/anz-royal-sees-yuan-role.html
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