The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...

Literacy rate for the citizens aged 15 years old and above in Cambodia has seen a significant rise, reflecting the government’s successful efforts in eradicating illiteracy rate, said a senior official of the Ministry of Education, Youth, and Sports. ...

The Cambodian Rehabilitation and Development Board of the Council for the Development of Cambodia (CRDB/CDC) and the Korea International Cooperation Agency (KOICA) jointly organised here yesterday a 2022 policy dialogue on development cooperation. ...

The National Bank of Cambodia has asked financial institutions to implement flexible measures for borrowers who have been affected by flood, in a bid to ease the burden on financial flow and contribute to restoring families’ economic standards. ...

The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...

Tax authorities have collected approximately $2.21 billion of tax revenue — 78.39 percent of the budget law in the first seven months of the year, which soared by 28.62 percent or about $491.29 million compared to the same period last year, said a release by ...

The National Bank of Cambodia (NBC) along with other competent authorities are considering taking legal action against firms or individuals operating businesses that go against the banking laws and financial institutions of the Kingdom, NBC announced yesterday. ...

The government on October 12 set up an inter-institutional commission tasked with resolving the issue of unfinished buildings in Preah Sihanouk province, most of which are owned by Chinese investors. This is according to a Council of Ministers letter issued on the same date addressed to ...

Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to discuss business opportunities in the Kampong Speu. ...

The General Department of Taxation (GDT) during a meeting on Tuesday announced a work plan for this year with an emphasis on developing a system that will make paying taxes easy and evasion difficult. ...

The General Department of Taxation (GDT) has collected $539 million as tax income in the first two months of this year, representing 15 percent of the national budget plan 2023. ...

The total trade volume between Cambodia and other countries around the world reached more than $6.8 billion in the first two months of 2023, down 21.8 percent when compared to the same period last year. ...

Cambodia collected $1.9 billion from all sources of taxes in the first quarter (Q1) of 2023, up 2 percent from nearly $1.86 billion in the same period last year, according to press statements released on Thursday. ...

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 ...