MEF launches capital gains tax implementation framework

Economy and Industry

MEF launches capital gains tax implementation framework The Cambodian Ministry of Economy and Finance has officially implemented the Capital Gains Tax (CGT) framework, aiming to align with international tax practices and strengthen fiscal equity. The tax is imposed on profits realised on the sale of non-inventory assets, such as stocks, bonds, precious metals, real estate, and property. The Royal Government approved Prakas 496, signaling that gains from property, shares, and financial assets are no longer out of the tax authority's reach. The rollout of CGT starts from September 1 this year for leases, investment property (including shares), business goodwill, intellectual property, and foreign currency, with real estate coming under the spotlight from January 1, 2026. The time period is expected to give stakeholders a narrow window to reassess their portfolios and prepare for compliance. The Royal Government has been mindful not to rush through the CGT regime, particularly with respect to the real estate market. The two types of capital most impacted by the new CGT regime involve investment property and the transfer of immovable property. (Source: Khmer Times)

Chinese company explores renewable energy investment in Cambodia A delegation from Hebei province, China, has shown interest in investing in Cambodia's renewable energy sector to support the country's shift toward clean and sustainable energy. Led by Li Jie, President of Xingtai Shunhe Biotechnology Co., Ltd., a major ethanol fuel supplier in China, the group is exploring opportunities to develop renewable energy projects that enhance Cambodia's energy security and environmental goals. Cambodia's liberal trade and investment policies have boosted investor confidence and attracted new Chinese businesses. Its growing network of free trade agreements-with China, South Korea, and the Regional Comprehensive Economic Partnership-has further strengthened its appeal as a hub for international trade. The government's supportive investment climate, including tax holidays, duty exemptions, and legal protections, continues to position Cambodia as a preferred destination for Chinese firms seeking regional expansion. (Source: Khmer Times)

High-potential farm goods record strong export growth Cambodia's agricultural sector has seen a significant surge in exports in the first half of 2025, with main products including rice, bananas, mangoes, cassava, cashew nuts, corn, pepper, and tobacco. The country earned $542 million from paddy rice exports and $289 million from milled rice exports, a 19% and 12% increase respectively. Cashew nut exports increased by 56% and fresh banana exports by 26%. However, cassava exports decreased by 10% and 8%. The government's ambitious vision for agro-industrial development aims to cultivate innovation, increase value-added production, and broaden Cambodia's economic base beyond traditional industries. Agriculture is one of the four pillars supporting Cambodia's economy. (Source: Khmer Times)

Corporate News

CIMB Cambodia expands digital efforts to accelerate SME growth CIMB Bank PLC (Cambodia) is prioritizing digital investment to support SME growth, leveraging its regional network and technology to promote inclusive, sustainable development. CEO Hong Cheap noted that digital banking is becoming central to the bank's vision, particularly in serving Cambodia's growing SME sector. The bank recently launched Octo Biz Light, a mobile app for SMEs, and plans to introduce more digital platforms through 2025-2026. CIMB Cambodia has strengthened SME engagement through partnerships, including with the Credit Guarantee Corporation of Cambodia (CGCC) to offer collateral-free loans. It has also developed digital solutions to help provincial SMEs access services remotely. CIMB Group's ASEAN footprint provides an edge in cross-border trade and financial integration. The bank focuses on three strategic areas: Preferred Banking, cross-border trade, and trade finance. Celebrating its 15th year in Cambodia, Cheap highlighted the bank's steady growth, driven by strong governance, security, and professional service. He encouraged SMEs to formalize operations for better financing and supported the National Bank of Cambodia's efforts to improve SME financial literacy. (Source: Khmer Times)

Stock Market

CSX index drops 0.23% as PEPC leads decliners On 25 July 2025, the CSX Index edged down by 0.23%, closing at 403.6 points. On the Main Board, PPAP (+2.22%) and GTI (+1.64%) posted gains, while PEPC (-3.32%), PWSA (-0.65%), MJQE (-0.50%), CGSM (-0.41%), and PAS (-0.17%) recorded losses. PPSP and ABC remained unchanged. On the Growth Board, DBDE and JSL declined by 0.50% and 3.58%, respectively. Total trading volume reached 71,382 shares, with a turnover of KHR 416 million. (Source: YSC Research)

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