The Cambodian Investment Board (CIB) has approved 13 investment projects worth nearly $430 million to build factories for various goods, recruiting over 18,300 employees. The projects include Conch Cement's $258 million cement factory, Khou Tower's $84.5 million ...
28th August 2023
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he General Department of Taxation (GDT) in Cambodia has generated $46 million in e-commerce value-added tax (VAT) income in the first seven months of 2023. This is slightly higher than the $44 million collected from April to December last year. The GDT ...
25th August 2023
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The Cambodia Microfinance Association (CMA) is collaborating with the Royal Government of Cambodia to support Micro, Small and Medium Enterprises (MSMEs) in achieving higher economic growth. The association represents over 100 institutions ...
24th August 2023
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According to a report from the Ministry of Tourism issued on Wednesday, Cambodia welcomed 3,037,344 foreign visitors in the first seven months of 2023, an impressive increase of 308% over the country's 743,459 visitors during the same time in 2022. Thailand ...
17th August 2023
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Over 28,169 businesses with $8.33 billion in investment capital have been registered in the first phase of the Online Business Registration System, known as Single Portal, under the Ministry of Economy and Finance. Construction leads with over $1,000 million ...
16th August 2023
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Chinese Foreign Minister Wang Yi has announced a funding of 300 million yuan (equivalent to $41.34 million) to develop high-speed railway infrastructure in Cambodia. The project, which includes the Phnom Penh-Sihanoukville Expressway, ...
15th August 2023
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Cambodia exported $13.525 billion worth of goods to international markets in January-July 2023, a 2% decrease from the previous year. The top three export destinations were the US, Vietnam, and China, with shipments worth ...
14th August 2023
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The new Royal Government of Cambodia, set to take office on August 22, will set a macroeconomic target of 7% GDP growth in the medium or long-term. This commitment was revealed at a discussion forum at Hyatt Regency Phnom Penh, where representatives ...
11th August 2023
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The Ministry of Economy and Finance (MEF) has partnered with development partners (DPs) and non-sovereign arms to develop a common framework for providing direct loans to the private sector. The forum, held at Hyatt Regency Phnom Penh, aimed ...
10th August 2023
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Cambodia collected 11,497.98 billion riels (approximately $2.79 billion) in taxes in the first half of 2023, 49.1% of the target ($5,692 million). The country has two tax collection institutions: the General Department of Taxation (GDT) and the ...
09th August 2023
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