The General Department of Taxation (GDT) registered 3,566 new businesses in the first quarter of the year, a year-on-year increase of 33 percent, a report said yesterday. ...

The Cambodia-Australia Partnership for Resilient Economic Development (CAPRED), a flagship economic development program funded by the Australian government, will establish a solar electricity farm in Kampong Cham commune in Sambour district, Kratie province. ...

The government on April 27 issued a new sub-decree reversing its ban imposed in February on all fishing in the Mekong dolphin conservation zone. ...

Cambodia’s exports in the first five months of 2023 were worth $9.18 billion, down 2.4 percent from $9.41 billion for the same period last year, according to a General Department of Customs and Excise report. ...

Cambodia, a rapidly developing Southeast Asian nation, has been experiencing significant economic growth in recent years. With a GDP growth rate of 7.1% in 2019, the country has been making strides in various sectors, including agriculture, manufacturing, and tourism. One of the most critical challenges ...

The Council of Ministers on Friday approved the Tonle Bassac navigation and logistics system project worth approximately $1.7 billion to maximise the potential of Cambodia’s waterway transportation by connecting the Mekong River system to the sea after a 26-month study has been completed, said a ...

The Angkor Centre for Conservation of Biodiversity (ACCB) in Siem Reap welcomed the birth of two new greater adjutants. They told national news that the two new greater adjutant hatchlings were bred in captivity. The first hatchling hatched on December 24 and the second hatchling ...

An official of the Ministry of Economy and Finance said that the lack of skills is a barrier to Cambodia becoming a high middle-income country, according to the vision of the Royal Government. ...

Prominent market players have affirmed that they are on board with the Banking and Financial Institutions’ Code of Conduct (BFI CoC) and associated Lending Guidelines, as well as their underlying objective to drive trust and professionalism in the field, as these sets of rules go ...

The Anti-Corruption Unit (ACU) announced that it received 273 state-mandated declarations of assets and liabilities on January 20, bringing the total to 21,640. ...

The new Law on Taxation may be promulgated as soon as “in the next two or three months”, replacing the 1997 original, aiming to bring the Cambodian tax regime more in line with current and anticipated international standards and economic environment, as well as to ...

National Bank of Cambodia (NBC) deputy governor Chea Serey on March 20 made a general call to keep using the local currency in day-to-day transactions, as part of de-dollarisation and other monetary policy initiatives, as a means to promote economic development. ...

Tax, economic, financial and money-laundering crimes have become major impediments in Cambodia’s march to progress said Kong Vibol, Director General of the General Department of Taxation (GDT) on Thursday. Internal tax authorities have been seriously facing tax crimes, he observed. ...

The Royal Government of Cambodia has allocated nearly $23 million to build a bridge across the Russei Chrum River, located in Chhay Lok village, O’Som commune, Veal Veng district, Pursat province, considered to become the tallest bridge in the Kingdom. ...

The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has collected more than $1.34 billion of tax revenue  in the first three months of 2023, an increase of 6.39 percent compared to the same period of the previous year, while ...

Farmers around the country saw success in the cultivation of rice last year despite hard weather conditions bringing an extended rainy season and achieved 110.40 percent of the planned rice cultivation for 2022. ...

Obtaining a new identity card and residence documents soon will become more convenient for hundreds of communities across Cambodia. ...

The value of Cambodia’s total goods exports in the first half of the year reached $11.464 billion, up more than 0.75 per cent on an annual basis from $11.379 billion and up nearly 3.25 per cent from $11.104 billion in the second half of 2022, ...

Cambodia’s first premium seaplane service is slated to start operations in late-2023 to early-2024, initially connecting Phnom Penh with locations within a 1.5-hour flying time. ...