Cambodia: Rice brand has yet to stick Thu, 21 July 2016 – The private sector?s campaign to develop a single recognisable umbrella brand for Cambodia?s premium varieties of fragrant rice looks increasingly tenuous after a government body voiced objections to the name selected, and argued instead that the country should market each variety of rice […]
Read MoreCambodia: More investors plug in to Kingdom?s online growth Tue, 19 July 2016 – Cambodia’s fixed-line internet services market continues to attract new players despite limited infrastructure and a crowded playing field, new data show. The Telecommunication Regulator of Cambodia (TRC) issued four licences to new internet service providers (ISPs) and two to Voice over […]
Read MoreCambodia: IMF sees rapid credit growth as main risk to economy Tue, 19 July 2016 – Cambodia’s economy continues to perform strongly, but rapid credit growth must be contained to reduce the risk of economic and financial instability, and to ensure a ?soft landing? of the credit cycle, the International Monetary Fund (IMF) said in […]
Read MoreCambodia: Mobile services often first step to banking Thu, 14 July 2016 – The rapid growth in the number of Cambodians using mobile money services to transfer remittances is a positive step towards greater financial inclusion, and is serving as a gateway to financial services for the largely unbanked rural population, experts said yesterday. Panelists […]
Read MoreCambodia: Profit-tax revenue leads first half surge Thu, 14 July 2016 – Cambodia’s tax department collected $829 million in tax revenue during the first half of the year, 18 per cent more than during the same period a year earlier, led by surge in profit-tax revenue, according to government data released late on Tuesday. Figures […]
Read MoreCambodia: More Cambodians struggling to repay MFI loans Tue, 12 July 2016 – Banking industry insiders expressed concern yesterday over a spike in the amount of delinquent debts reported by microfinance institutions (MFIs) across the Kingdom, which they attributed to farmers struggling to repay their loans after adverse weather conditions affected their crops. Speaking at […]
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