The Royal Government of Cambodia introduced a new digital platform, the Trust Registration System, to simplify the procedures for trust management, including creation, renewal, and termination, under the oversight of the Ministry of Economy and Finance's Trust Regulator. Announced ...
31st October 2024
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The Cambodia Securities Exchange (CSX) has seen an increase in new trading accounts, surpassing 57,000, with projections to reach 61,000 by the end of 2024, according to CEO Hong Sok Hour. Speaking at the Cambodia Stock Market Exhibition 2024, Sok Hour noted ...
28th October 2024
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Cambodia welcomed 4.8 million foreign visitors in the first nine months of 2024, marking a 22% YoY increase compared to the previous year, as reported by the Ministry of Tourism. This figure represents 99.7% of the total number of visitors during the same ...
25th October 2024
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USAID Administrator Samantha Power announced a new $50 million US aid package to support Cambodia's economic growth. Of this, $29 million is dedicated to improving food safety regulations, market access, and the adoption of advanced agricultural technologies. The initiative focuses on empowering farmers, promoting climate-smart ...
24th October 2024
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Cambodia has signed multiple Memoranda of Understanding (MoUs) with countries in the Middle East, including Qatar and the UAE, as well as Turkey, to promote direct flights and increase international passenger and freight traffic. These agreements were signed by Minister ...
23rd October 2024
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Trade between Cambodia and South Korea grew by over 10% YoY in the first three quarters of 2023, reaching approximately $630 million. South Korea emerged as Cambodia's 13th largest trading partner, with bilateral trade totaling $627.74 million from January to September. Cambodian exports ...
22nd October 2024
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Cambodian business owners struggling with unpaid tax liabilities may be eligible to apply for repayment in installments over a maximum of three years, according to the General Department of Taxation (GDT). Deputy Director Bao Pichtirun explained ...
21st October 2024
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Cambodia is accelerating the development of its power infrastructure to meet increasing energy demands and ensure a stable electricity supply, with a focus on clean energy sources. The government aims for 70% of electricity to come from renewable energy ...
18th October 2024
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The Cambodian government has announced a tax exemption for tourism-related businesses in Siem Reap, effective until June 2025, to aid the recovery of the sector hit hard by the pandemic. This initiative, aimed at attracting more visitors to the province, will ...
17th October 2024
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Ant International and The National Bank of Cambodia (NBC) have launched a cross-border QR payment system, connecting Cambodia with nine countries and regions including China, Singapore, Malaysia, Korea, Thailand, Vietnam, Laos, Philippines and ...
16th October 2024
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