The National Bank of Cambodia (NBC) announced on Friday that it is seeking to cooperate with relevant stakeholders to crack down on illegal lenders. It also alerted the public about the dangers of taking cash loans from unfamiliar sources. The NBC’s message noted that illegal lenders were boosting their loan advertisements on social media, distributing […]
Read MoreStarting yesterday, the price of regular gasoline in the Kingdom is 3,950 riel ($0.97) per litre, amounting to a reduction of 200 riel per litre following a series of tax cuts announced last month by Prime Minister Hun Sen as well as price reductions implemented by local gas stations. The price of diesel also went […]
Read MoreThree of the Kingdom’s institutions issued a joint statement on Tuesday, warning the public that using, trading or advertising cryptocurrencies is illegal. They said various local blockchain projects which were operating without government approval pose serious risks to the public. The message was posted on the Facebook page of the National Bank of Cambodia (NBC) […]
Read MoreAs part of their new affordable housing policy, the government is calling on developers to submit proposals for low-cost housing projects under the promise of tempting incentives, including tax deductions. The government adopted its new affordable housing policy in 2017 in an attempt to improve the lives of low and middle-income Cambodians by encouraging developers […]
Read MoreIn a bid to increase transparency between businesses and their customers in the tourism industry, the government has issued a directive regulating the use of service fees. The new directive stipulates that hotels, guesthouses and restaurants that charge clients a service fee must possess a valid business license and a certificate of quality issued by […]
Read MorePHILIPPINE and Cambodian officials have taken the first step to strengthen each other’s farming sector that is expected to lead to an agreement formalizing a collaboration, the Department of Agriculture (DA) said on Monday. In a release, DA said the department, led by Agriculture Undersecretary for Operations and Agri-fishery Mechanization Ariel T. Cayanan, and its […]
Read More
Thailand
