The General Department of Taxation (GDT) in Cambodia has set a target of $4.162 billion for 2024, representing a 20% increase from the current year. Despite economic uncertainties, the GDT achieved ...
15th December 2023
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According to the 2024 budget law, the government intends to generate funds amounting to $100 million next year through the issuance of government bonds to finance public investments. The funds will ...
14th December 2023
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Leaders of Cambodia and Vietnam have pledged to boost bilateral trade to $20 billion in the coming year, despite economic uncertainties. This commitment is grounded in the strong political and economic ties between the two ...
13th December 2023
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In the first 11 months of 2023, Cambodia experienced a modest uptick in its export figures, surpassing $20 billion, indicating a slight growth (+1.2%) compared to the previous year. Notably, the country's trade deficit contracted from over $3 billion ...
12th December 2023
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The National Bank of Cambodia (NBC) and the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) have signed an MoU to promote sustainable finance in Cambodia, aligning with the government's Pentagonal ...
11th December 2023
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The Ministry of Economy and Finance has reported a 2.02% decline in national revenue collection during the initial 10 months of 2023, in comparison to the corresponding ...
08th December 2023
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The European Union (EU) is actively encouraging European investors to relocate cashew processing operations from neighboring countries to Cambodia. In collaboration with the Ministry of Commerce, Ministry of ...
07th December 2023
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Cambodia's exports to Regional Comprehensive Economic Partnership (RCEP) member countries surged to $6.45 billion in the first ten months of 2023, marking a 26.5% increase from the same period in the previous year, as reported by the Ministry ...
06th December 2023
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As of September 2023, the Ministry of Public Works and Transport (MPWT) reports a surge in registered electric vehicles (EVs) in Cambodia, reaching a total of 1,162. This increase is linked to a growing awareness of carbon emissions. The Cambodian ...
05th December 2023
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In the first 11 months this year, Cambodia recorded the exportation of 7.3 million tonnes of agricultural products, resulting in a revenue of nearly $4.2 billion, as indicated by the report from the Ministry of ...
04th December 2023
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