THE Financial Intelligence Unit, Autoriti Monetari Brunei Darussalam (FIU, AMBD) signed a memorandum of understanding (MoU) with the Cambodia Financial Intelligence Unit, National Bank of Cambodia (CAFIU) in Bandar Seri Begawan recently. Under the MoU, both agencies agree to cooperate in the exchange of financial intelligence that may assist in the investigation and prosecution of […]
Read MoreThe new Law on the Chamber of Commerce will likely be ready before the end of the year, according to the Cambodia Chamber of Commerce (CCC). The CCC’s vice-president Lim Heng told Khmer Times yesterday that the new draft of the Law on the Chamber of Commerce has been submitted to the Council of Ministers, […]
Read MoreA government prakas that requires all businesses to post prices of their goods and services in the local riel currency has had little impact on pricing practices, with the vast majority of businesses in Cambodia continuing to quote prices in US dollars and authorities showing little resolve to enforce the decree. The Ministry of Commerce […]
Read MoreCambodia is well positioned to capitalise on the rapid growth of air passenger traffic worldwide, with the Kingdom already one of the fastest growing tourism markets in Southeast Asia and set to grow further as more than a third of the world’s passenger air traffic passes through the region. Commercial airlines carried 3.8 billion passengers […]
Read MoreBitcoin has been on a tear lately with the world’s most popular cryptocurrency’s value soaring four-fold since the start of the year. While bitcoin is still poorly understood in Cambodia and only accepted by about a dozen merchants, the development of the country’s first payment gateway could pave the way for its wider use as […]
Read MoreA company based in China’s southern province of Guangdong opened a 2-hectare market for building and construction materials near the Preah Monivong Bridge in Phnom Penh on Saturday, according to a report by online Chinese news site Commercial News. The DEFA Building Materials Market has space for up to 200 foreign and domestic suppliers of […]
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