Pay electricity bills through bank’s ATMs
Cambodia’s leading commercial bank, ACLEDA, has signed a memorandum of understanding with State-own electricity provider, Electricity du Cambodge (EdC), on August 17 at Raffles Hotel Le Royal in a purpose to provide the bank’s costumers in Phnom Penh and Kandal province to pay their electricity bills through Automatic Teller Machines (ATMs).
The ceremony of signing a [...]
Culture of disrespect to citizen’s rights
In the current society, if someone gets rich and powerful, they will rarely respect the laws made by the government, and the morality of respecting each other declines amongst the rich or powerful and the poor. The poor’s basic rights have been stepped on by the rich and powerful.
On Saturday evening, when I went to [...]
Commercial banks’ ATM network expanded
The global financial crisis did not affect strongly the local commercial banks in Cambodia because most of banks don’t depend on foreign source of finance, and loans from other foreign banks and also don’t buy stocks in the international market. At the mean time, Cambodia has not yet created stock exchange. As Cambodia’s banking sector [...]