In August, the Council for the Development of Cambodia (CDC) approved two tyre manufacturing factories with a combined investment of $686 million, creating 3,459 jobs. These projects are part of a larger approval of 53 investments totaling ...
10th September 2024
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The Techo Startup Centre, in collaboration with three government ministries, has launched the Electronic Know Your Business (e-KYB) system, designed to verify the identity, status, and legal compliance of enterprises. The e-KYB system streamlines business registration, tax compliance, ...
09th September 2024
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Prime Minister Hun Manet announced that Cambodia has completed around 50% of its 2,660-kilometer border road network, with the remaining 1,300 kilometers expected to be finished within the next 10 years at a cost of $200 million. Speaking ...
06th September 2024
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Japan will provide a loan of JPY 7,988 million (approximately $55 million USD) to Cambodia for the Phnom Penh City Transmission and Distribution System Expansion Project (Phase 2). The loan agreement will be signed by ...
05th September 2024
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Cambodia is advancing towards implementing cross-border motor insurance for vehicles traveling between Cambodia, Vietnam, Thailand, and Laos, with the Insurance Association of Cambodia (IAC) playing a key role. The IAC is collaborating with the Insurance Regulator of Cambodia (IRC) and the General Department of Customs ...
04th September 2024
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The Asian Development Bank (ADB) has approved $93.6 million in loans and grants to enhance climate-resilient and inclusive rural water supply, sanitation, and hygiene (WASH) facilities for 88,000 households in 400 villages across nine Cambodian provinces. The program ...
03rd September 2024
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Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government, with China being the largest source of investment, according to the Council for the Development of Cambodia (CDC). The number of ...
02nd September 2024
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Cambodia and South Korea have launched cross-border QR code payments, allowing citizens of both countries to use QR codes for transactions. The initiative enables payments through Cambodia's Bakong KHQR and South Korea's Jeonbuk Bank mobile ...
30th August 2024
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Cambodia is set to sign double taxation agreements (DTAs) with Laos and the Philippines, having completed technical procedures, according to the General Department of Taxation (GDT). The Kingdom is also negotiating DTAs with Myanmar, France, Japan, Morocco, and the UAE ...
29th August 2024
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Prime Minister Hun Manet has tasked the Ministry of Economy and Finance (MEF) with preparing a stimulus package to boost investment in Cambodia's northeastern provinces - Kratie, Stung Treng, Mondulkiri, and Ratanakiri. He asked for ...
27th August 2024
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