The Ministry of Economy and Finance is reviewing the draft new tax law with the Ministry of Justice, articles about the criminal code and clauses that go along with other relevant laws, a senior official said. The General Department of Taxation (GDT) has completed the draft ...
24th October 2022
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Training on sustainable finance instruments and thematic bond issuance will be held in Phnom Penh by the end of this month. ESCAP is partnered with the Luxembourg Green Exchange (LGX) and LGX Academy...
19th October 2022
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Cambodia received $171 million in climate finance from major multilateral development banks (MDBs) in 2021, according to the 2021 Joint Report on Multilateral Development Banks' Climate Finance. Cambodia, classified as a lower...
18th October 2022
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Financial inclusion in Cambodia remains timid despite the country's Gross Domestic Product (GDP) growth of 7 percent per year on average for the past decade. Cambodia's financial inclusion remains timid with 67 percent of the...
17th October 2022
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With most countries trying to make a shift from high dependence on fossil fuels, Cambodia too is making attempt in that direction and is being given a strong handholding by the Asian Development Bank (ADB). To meet...
14th October 2022
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Inflation for Cambodia reached 7.85% in June 2022 comparing with YOY(Year-on-year) basis to 7.17% the previous month, which was the highest in over a decade. While the value of Riel has fallen to 0.07% to 4,091 riel per USD...
12th October 2022
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Governments throughout Southeast Asia are pleased with the uptake in foreign arrivals now that the pandemic is decidedly on the wane. The trend amongst travelers is called "revenge tourism", characterized by people having more extravagant and longer...
07th October 2022
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Rice output in Cambodia, Thailand and Vietnam is forecast to fall this year but stay above five-year averages in Cambodia and Thailand, according to the Food and Agricultural Organisation of the...
05th October 2022
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Cambodia, Indonesia, Laos, and Vietnam have "highly negative" exposures to physical climate risks while the exposure of the Philippines is "very highly negative," Moody's Investors Service says. In a report ...
04th October 2022
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The National Bank of Cambodia (NBC) will initiate strict measures on banks and microfinance institutions (MFIs) that are reluctant to replace with the common payment platform called KHQR, instead still use their respective digital payment...
03rd October 2022
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