Global payments giant Visa is preparing to launch in Cambodia and 10 other countries worldwide the mVisa, a QR code payment platform that would allow consumers to use their mobile phone to make cashless purchase at merchant outlets, according to the company’s spokeswoman...
28th June 2017
See More
The Securities Exchange Commission of Cambodia (SECC) will meet soon to discuss a proposal to permit market orders for stock trading on the Cambodia Securities Exchange (CSX), in a move that would give investors more flexibility when buying or selling shares, an official said...
27th June 2017
See More
Banking and financial industry insiders have called on the government to abolish the 10% value added tax (VAT) on banking services, saying the tax will increase the burden on service users...
26th June 2017
See More
For movable assets to be used as collateral so that more Cambodian borrowers can have access to credit, a legal framework that would restrict changes in ownership and allow creditors to repossess collateral is needed, industry insiders say....
23rd June 2017
See More
The National Bank of Cambodia (NBC) issued a new prakas (order) yesterday that instructs all payment service providers (PSPs) in the Kingdom to apply for an operating license, aiming to protect online customers against the risk of fraud...
22nd June 2017
See More
A commuter rail service that runs from Phnom Penh’s central district to beyond its airport has slowly gained traction since it launched three months ago, raising the possibility that it could be expanded to connect to the capital’s biggest industrial park...
21st June 2017
See More
The government has vowed to tighten control over the Kingdom’s pawnshops to ensure professionalism in the sector, which has grown rapidly and lacks a supervisory framework...
20th June 2017
See More
The government unveiled its financial sector development strategy for 2016-2025, which evaluates the last decade of growth while outlining an action plan for the next decade. The report, which put forth strategies...
16th June 2017
See More
Express Food Group (EFG), a subsidiary of Bangkok-based RMA Group, will open its first Thai-based Bar B Q Plaza restaurant brand in Phnom Penh’s Aeon Mall by the end of this month, according to the company’s announcement yesterday...
15th June 2017
See More
Cambodia is moving closer to establishing a corporate bond market that would give local companies a new debt instrument to raise capital to fund operations and expansion...
14th June 2017
See More