The loan restructures for Covid-19 pandemic-stricken customers were valued at $5.5 billion in the first semester of 2021. The scheme has been extended to the end of this year. The National Bank of Cambodia (NBC) said the ratio of non-performing loans was 2.8 percent for banks and 2 percent for microfinance institutions (MFIs). Banks and […]
Read MoreSiem Reap may not have the crowds that it used to but it still attracts visitors, albeit of a very different kind. Daka Kun Realty often sees them entering their office in Taphul village and announcing exactly what it is they are looking for: low-cost property. The news of the temple town’s hard times have […]
Read MoreThe Trade Promotion Department has been meeting to discuss and improve the content of the draft national policy on cashews. The video conference was chaired by the Commerce Ministry’s Secretary of State Reach Ra. The Trade Promotion Department’s suggestions will be incorporated into the draft policy before it is submitted to the next meeting of […]
Read MoreThe General Department of Taxation (GDT) at the Ministry of Economy and Finance has launched a mobile app to enable people to make vehicle tax payments in a move to facilitate the procedure during the Covid-19 pandemic. Taxpayers can pay their vehicle tax through seven partnered banks that have cooperated with the DGT, said its […]
Read MoreCambodia exported $247.5 million worth of bicycles to foreign markets in the first half of this year, inching down 4.2 percent compared to the same period last year. Data from Ministry of Commerce showed that from January to June, 1,259,310 units of bicycles have been shipped, up 1.8 percent from 1,236,552 units registered during last […]
Read MoreAir passengers handled through the three international airports in Cambodia dropped by 92 percent to 136,680 in the first semester of this year. Report from the Cambodia Airports, the company that manages the Kingdom’s international airports, showed that Phnom Penh International Airport (PNH) handled 120,922 passengers, a 89.4 percent decrease, while Siem Reap International Airport […]
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