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Angkor Times Latest Questions

SOVANN
SOVANNExperienced
Asked: December 8, 2020

What is a reserve requirement?

Reserve requirements are a monetary policy tool used by the National Bank of Cambodia to control credit growth. ...Read more

Reserve requirements are a monetary policy tool used by the National Bank of Cambodia to control credit growth.

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SOVANN
SOVANNExperienced
Asked: December 8, 2020

What is the role of the Monetary Policy Committee?

The Monetary Policy Committee is a high-level policy committee of the National Bank of Cambodia, established to assess economic and financial development and to make decisions. On monetary policy in order to maintain price stability.   Read more

The Monetary Policy Committee is a high-level policy committee of the National Bank of Cambodia, established to assess economic and financial development and to make decisions. On monetary policy in order to maintain price stability.

 

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SOVANN
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Asked: December 8, 2020

When was the National Bank of Cambodia established? And what is the history?

The National Bank of Cambodia was established on December 23, 1954, after Cambodia gained independence from French colonization and after the Indochina Mint. Closed and the riel was issued and put into circulation on January 1, 1955.   ...Read more

The National Bank of Cambodia was established on December 23, 1954, after Cambodia gained independence from French colonization and after the Indochina Mint. Closed and the riel was issued and put into circulation on January 1, 1955.

 

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SOVANN
SOVANNExperienced
Asked: December 8, 2020

What are the benefits of commercial law?

For business people, employees, employers of companies, institutions and enterprises of all kinds, understanding of the commercial law and tax law of the country where they They are doing business or working is very important. Read more

For business people, employees, employers of companies, institutions and enterprises of all kinds, understanding of the commercial law and tax law of the country where they They are doing business or working is very important.

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SOVANN
SOVANNExperienced
Asked: December 8, 2020

Why invest in the Cambodia Securities Exchange?

Stock trading on the Cambodia Securities Exchange offers you many opportunities and benefits, such as one more opportunity to invest with a listed company. At the Cambodia Securities Exchange, rather than starting your own business or doing business with relatives ...Read more

Stock trading on the Cambodia Securities Exchange offers you many opportunities and benefits, such as one more opportunity to invest with a listed company. At the Cambodia Securities Exchange, rather than starting your own business or doing business with relatives or friends.

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SOVANN
SOVANNExperienced
Asked: December 8, 2020In: Money

How important is urban planning?

Urban planning is becoming more and more important in Cambodia as cities grow rapidly, the demand for housing and business space is growing. And the pressure on easing and infrastructure is getting stronger. Read more

Urban planning is becoming more and more important in Cambodia as cities grow rapidly, the demand for housing and business space is growing. And the pressure on easing and infrastructure is getting stronger.

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SOVANN
SOVANNExperienced
Asked: December 7, 2020In: Money

Can foreigners own real estate in Cambodia?

Since the passage of legislation in April 2010, the international ownership property regulation enables foreigners to possess residence in Cambodia, nevertheless with certain limitations. Foreigners are just allow to possess properties on the very first floor or more to no more ...Read more

Since the passage of legislation in April 2010, the international ownership property regulation enables foreigners to possess residence in Cambodia, nevertheless with certain limitations.

Foreigners are just allow to possess properties on the very first floor or more to no more than 70% of anybody apartment building, so long as the building offers obtained a ‘strata name’, which generally pertains to new condominiums structures.

Foreigners aren’t allow to possess properties on the floor flooring of a building seeing that owning property outright remains to be prohibited beneath the foreign possession property law.

Therefore, foreigners are 100% permitted very own a freehold condo in Cambodia.

If a purpose is to purchase real real estate such as for example buying ground flooring apartments or property in Cambodia, please browse the information below.

if your intention is to purchase or invest in real estate such as for example buying grounded apartments or buying land in Cambodia, the next options will highlight how you’ll be able to buy just about anything in Cambodia.

 

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SOVANN
SOVANNExperienced
Asked: December 7, 2020

How Can I get Cambodian Citizenship?

Cambodian citizenship is granted to those born to at least one Khmer parent regardless of the place of birth. Alternatively, individuals will need to have lived in the country for at least seven years with a residence card in order ...Read more

Cambodian citizenship is granted to those born to at least one Khmer parent regardless of the place of birth. Alternatively, individuals will need to have lived in the country for at least seven years with a residence card in order to obtain Cambodian citizenship by naturalisation.

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SOVANN
SOVANNExperienced
Asked: December 7, 2020

What is Bakong System?

Bakong System is a new service that enables you to easily receive and transfer funds, using your personalized QR code or mobile phone number instead of a bank account number. You can register Bakong System with National ID card/Passport and ...Read more

Bakong System is a new service that enables you to easily receive and transfer funds, using your personalized QR code or mobile phone number instead of a bank account number. You can register Bakong System with National ID card/Passport and local valid phone number.

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SOVANN
SOVANNExperienced
Asked: December 6, 2020In: Money

Why special economic zones are so important for Cambodia?

Special economic zones can play an essential role in accommodating higher value-added manufacturers, as long as the developer manages the zone properly. Special financial area to attract businessmen or investors, specifically from the manufacturing sector, creating good careers, and promoting ...Read more

Special economic zones can play an essential role in accommodating higher value-added manufacturers, as long as the developer manages the zone properly. Special financial area to attract businessmen or investors, specifically from the manufacturing sector, creating good careers, and promoting specialized transfers to improving exports into and from the Kingdom; specifically, exports.

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