The General Department of Taxation (GDT) has asked the central bank to take action against two lenders that were seen promoting their services on social media despite non-compliance with tax-regulations.
The total capital of the businesses registered on the Online Business Registration Platform reached 19.151 trillion riel ($4.671 billion) in its first two years, according to the finance ministry.
For more than a decade since the establishment of the Cambodia Securities Exchange (CSX) in 2012, we have been actively engaged in strengthening the much-needed capital market in the Kingdom.
The number of companies registered on the government’s online business registration platform, known as Single Portal, had reached over 13,000 since its launch in mid-2020, while more than 1,300 others have submitted their applications pending review.