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Cambodia: New partnership to boost local bourse

A new agreement signed Friday between the market regulator and a derivate brokerage firm aims to promote growth in the local stock market, which now has just five listed companies. The Securities Exchange Commission of Cambodia (SECC) and Golden Fortune, a licensed brokerage firm, signed the memorandum of understanding last week to promote the development […]

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Cambodia: Regulator authorises securities selling firms

Firms will now be able to sell stock in the primary market after the Securities Exchange Commission of Cambodia (SECC) this week approved the activities of securities selling firms and agents, but demanded that they operate under a license. According to some industry insiders, the move will increase costs for existing brokerage firms. On a […]

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Cambodia: Deadline for stamp tax payment extended

The deadline to pay the stamp tax has been extended until September 30, according to an announcement from the General Department of Taxation (GDT). GDT’s announcement released on Friday said that it will delay stamp tax collection this year as some enterprises and business have missed the first deadline set for March. “Some enterprises failed […]

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