The General Department of Taxation (GDT) collected more than $1.3 billion in tax revenue during the first five months of the year, an increase of 28 percent compared to the same months last year. For in depth analysis of Cambodian Business, visit Capital Cambodia In May alone, the government collected $185.8 million in taxes, up more […]
Read MoreThe price of rubber has fallen markedly in recent months due to a slowdown in demand in international markets, particularly China. For in depth analysis of Cambodian Business, visit Capital Cambodia The commodity currently fetches $1,300 per tonne in the local market, a drop of more than $100 compared to last year, according to figures from […]
Read MoreThe National Bank of Cambodia (NBC) has selected three of the Kingdom’s banks to implement a Cambodian-Thai QR code-based payment system, which could begin late this year, the NBC said. The three banks are Acleda Bank, Foreign Trade Bank of Cambodia (FTB) and Cambodian Commercial Bank Ltd. Speaking during the launch of the ‘QR Code […]
Read MoreChina’s Shaanxi provincial government hopes to see more cooperation with Cambodia in terms of businesses and trade, said Zhang Xiaodong, the deputy director of Shaanxi’s foreign affairs information division office. The ambition was expressed last Friday following Cambodia’s establishment of a business representative office in the province, which has a population of 38 million. In […]
Read MoreSiemens on Friday pledged to expand its investment in Cambodia as a result of the country’s impressive economic growth. For in depth analysis of Cambodian Business, visit Capital Cambodia Armin Bruck, CEO at Siemens Singapore, said during a meeting with Minister of Economy and Finance Aun Pornmoniroth that the firm is ready to increase its commitment […]
Read MoreLocal real estate agency Khmer Foundation Appraisals is eyeing a regional expansion, starting with neighbouring Laos. For in depth analysis of Cambodian Business, visit Capital Cambodia Noun Rithy, chairman and CEO, told Khmer Times that he is proud to be part of the company’s first project in Laos. Mr Rithy said KFA’s presence in Laos will […]
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