The government on Friday reiterated its intention of issuing sovereign bonds, and said they will become available to investors in the next four to five years. Government securities will serve to support economic growth, reduce reliance on foreign currencies and risks associated with currency exchange rates, and will allow the Central Bank to take control […]
Read MoreIn response to allegations that the private sector in Cambodia is being unfairly treated on backdated taxes, the General Department of Taxation said yesterday it might show some leniency on the issue. Speaking to reporters on the sidelines of the fourth edition of the Tax Forum, held yesterday at The Grand Duke in Phnom Penh, […]
Read MoreTEMPO.CO, Jakarta – The direct flight from Indonesia to Cambodia is targetted to be realized in January or March 2019. The discussion on the route is entering the technical issue. “An airline has sounded out to join but I can yet mention the name,” said Indonesian Ambassador to Cambodia, Sudirman Haseng, when met in Jakarta, October 25. According to […]
Read MoreThe supply of condominiums in Phnom Penh rose moderately in the third quarter, adding 2,374 new units to the market, CBRE Cambodia said in its latest report. The third quarter of the year saw relatively limited new additions to the total condominium supply with the completion of just two significant projects –Skylar Meridian in Chamkarmon […]
Read MoreSingaporean fintech firm Ayondo will built a CFD trading platform for clients of Phnom Penh Derivatives Exchange Plc (PPDE), a company that recently received a central counterparty license from the Securities and Exchange Commission of Cambodia (SECC). Aiming to grow PPDE’s client interests within and outside Cambodia, Ayondo will provide a full suite of CFD […]
Read MorePHNOM PENH: Cambodia’s garment exports grew by 10.73% in the first half of 2018 and are projected to remain strong despite a European Union threat to withdraw duty-free trading access, official data showed on Wednesday. Cambodia exported $3.2 billion worth of garments in the first half of this year, compared to $2.9 billion for the same […]
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