Covid-19 pandemic, together with a rise in FinTechs and Internet usage, has driven sharp growth in mobile payments in Cambodia, the central bank’s senior official and company representatives said. Chea Serey, Deputy Governor and Technical Director General of the National Bank of Cambodia, said the country recorded a total of 707.57 million online payment transactions […]
Read MoreThe 42nd anniversary of the reintroduction of the Riel, organised by the National Bank of Cambodia (NBC), was held yesterday at the Chip Mong Mall Sen Sok and was celebrated to raise public awareness about the history and importance of the currency. Riel Day 2022 will also be held consecutively in four provinces – Kampong […]
Read MoreThe National Bank of Cambodia has started implementing various policy measures to promote the use of riel in the economy based on market mechanisms. The use of riel has been facilitated through the development of electronic payment systems and other policies. For instance, ‘Fast Payment’, ‘Retail Pay’, ‘Bakong’ and other electronic payment systems have made […]
Read MoreCambodian Commerce Minister Pan Sorasak said on Monday that the trade deal is a key driver for economic recovery in the participating countries both during and after the pandemic. The minister was speaking at a workshop titled “RCEP: Implications, Challenges, and Future Growth of East Asia and ASEAN” that was held by the Cambodian Ministry […]
Read MoreWith the 2022 year well under way most enterprises in Cambodia are turning their attention to their annual compliance obligations. There have been some recent changes and updates with respect to the annual compliance obligations for most enterprises in Cambodia. We have included the recent changes in our summary below. 2021 Tax on Income Return […]
Read MoreCambodia is resuming its visa on arrival programme and scrapping both PCR and rapid tests for fully vaccinated passengers to attract more visitors and investors. The Ministry of Health on March 17 announced that fully vaccinated inbound passengers will no longer be required to show a PCR test result proving that they are negative for […]
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