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Cambodia: New sub-decree aims to manage non-tax revenue collection

The government yesterday released sub-decree No 72 to enhance efficiency and transparency in the management of non-tax revenue. The new regulation sets the mechanism to be followed when collecting, recording and monitoring non-tax revenue, including income collected from ministries, public institutions, province-level administration and state enterprises. Non-tax revenue includes income derived from state properties, state […]

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Cambodia: Wing inks agreement on Malaysia remittances

Wing Specialized Bank, the local mobile banking provider, recently launched international remittance services from Malaysia, after inking a partnership deal with that country’s financial technology firm, Valyou. The deal aims to target Cambodian nationals living and working in the Asean nation. According to Wing’s announcement, more than 150,000 Cambodians are employed in Malaysia in various […]

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Cambodia: Another player to enter market for cashless pay

Revenue Group Bhd, a Malaysia-based cashless payment solutions provider, has unveiled plans to expand its business in Cambodia and Myanmar, saying it will use some part of the capital it raises from an initial public offering (IPO). Malaysian daily The Star said that Revenue Group Bhd expects to raise 20.61 million ringgit ($5.17 million) from […]

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Cambodia Post launches e-payment, money transfer app

In a bid to modernise its offer of services, Cambodia Post, the state agency responsible for providing postal service in the Kingdom, on Friday unveiled a new application that enables electronic payments for a range of services as well as money transfers. Called ‘posTTransfer’, the new application allows users to perform domestic and international money […]

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