News
ANZ distances itself from Cambodian partner
Australian financial institution ANZ has distanced itself from the Royal Group, its local partner in a Cambodian joint venture bank, following police reports linking the group to illegal logging activities. A report published by Cambodia’s National Police this week accused Royal Group, owned by prominent ...
New era of big dam building on the Mekong?
More than 50 years have passed since Australian engineers from the Snowy Hydroelectric Authority did site studies for the huge Sambor Dam on the Mekong River in Cambodia, but the mega project is now back on the drawing board. The Cambodian Government has signalled it ...
ANZ Royal approved to facilitate tax payments
ANZ Royal Bank has been authorised to facilitate payments owed to the General Department of Taxation (GDT) through its corporate tax payment service, a company release on Friday stated. The service will expand on the bank’s capability to deliver secure digital transactions and will be ...
