The government issued a new sub-decree on the country’s National Internet Gateway (NIG), enabling it to singularly facilitate and manage connections domestically and internationally. It said it will strengthen the effectiveness and efficiency of national revenue collection, protect national security and maintain social order, culture and tradition. The sub-decree was signed by Prime Minister Hun […]
Read MoreCambodia’s residential market is expected to begin the year growing at a slower pace that year-ago readings – as fears of a protracted Covid-19 pandemic stagnate prices – but close out 2021 with a modest boost, according to industry insiders. The general consensus is that growth will not surpass 2019 levels at any point of […]
Read MoreThe Phnom Penh Special Economic Zone (PPSEZ) saw year-on-year revenue grow by nearly 36 percent to more than $4.2 million, according to its quarterly report released on Monday. The firm reported an unaudited pre-tax profit of $560,793, marking a 26 percent gain over the same period in 2019. Total assets increased slightly to $94.947 million, […]
Read MoreIn Cambodia, the shift to digital consumption has skyrocketed in line with its development and rising number of internet users. That number was estimated at more than 9 million and growing in 2020, a figure over half the nation’s population. Steve Noble, the editor of business information site B2B Cambodia, said the shift away from […]
Read MoreAs the world recognises there will be no return to a pre-pandemic “business as usual” while COVID-19 still lingers, the increased urgency to adopt a reliable and convenient digital payment service in the new normal is clear. Therefore, according to the global central banking think tank OMFIF Digital Money Institute (DMI), the money revolution will […]
Read MoreThe drying up of Siem Reap’s tourist business has resulted in such a profound loss of revenue at the Siem Reap Water Authority that it has been forced to supply water at a loss, according to a source familiar with the matter. The city has been hard-hit by the COVID-19 pandemic leading to drastically reduced […]
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Thailand
