Tag Archives: Cambodia economy

Association warns of $720m rice loan need

Posted on December 2, 2010 by Cambodia Economy

CAMBODIA’S Small and Medium Industries Association warned that domestic rice millers require US$720 million in loans this harvest season, or they risk being out-competed by foreign merchants. “We cannot compete with buyers from Thailand and Vietnam to buy grain if … Continue reading →

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Cambodia’s national budget for 2011 approved by NA

Posted on November 29, 2010 by Cambodia Economy

Last week, Cambodia’s National Assembly passed US$2.4 billion national budget for 2011 by focusing on improving education, health, agriculture, irrigation systems and infrastructure development. It increases about 19 percent, compared to 2010 budget, only US$1.98 billion. The 2011 budget, totaling … Continue reading →

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Government issues warning over taxes

Posted on November 27, 2010 by Cambodia Economy

THE Ministry of Economy and Finance has called for companies, particularly in the import and export business, to catch up on their taxes, or risk closure. Promulgated yesterday, the announcement said “measures will be taken for those that are late … Continue reading →

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CampuBank securities gained a securities licence

Posted on November 4, 2010 by Cambodia Economy

The Securities and Exchange Commission of Cambodia (SECC) issued the securities company licence to CampuBank Securities Plc, which is the subsidiary owned by Cambodian Public Bank plc, to act on securities underwriting business, securities dealing business, securities brokerage business and … Continue reading →

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Cambodia to export milled rice to Chinese market

Posted on October 20, 2010 by Cambodia Economy

Cambodia’s Prime Minister Hun Sen delivered a speech at a graduation ceremony at Phone Penh’s International Institute of Cambodia’s University of Technology that both Cambodian and Chinese government would sign a deal for rice export. The premier also said that … Continue reading →

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Microfinance loan up 5.46 percent in 3th quarter

Posted on November 16, 2009 by Cambodia Economy

Cambodian Microfinance Association (CMA) released its figures that during the third quarter of this year, Cambodia’s microfinance institutions (MFIs), which included 21 MFIs and small loans from ACLEDA Bank, increased 5.46 percent to 448.1 million, following a 2.7 percent drop … Continue reading →

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