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. ...

According to the online revenue management system of the General Department of Taxation, in the first half of 2023, taxes collected totalled 8,393.17 billion riels or approximately $2.072 billion. ...

The Association of Banks in Cambodia (ABC) and Expert Leadership Innovation Exchange Organization (ELIX) are joining hands to promote digital literacy and capacity building, in support of the government’s policies on the Fourth Industrial Resolution (Industry 4.0) as well as the “Cambodia Digital Economy and ...

Public transport has been proposed by several key ministries and institutions as the optimal solution to reduce environmental pollution, alleviate traffic congestion, and decrease costs. They suggest it will make bus and other public transport services more efficient and practical. ...

The new Taxation Law encompassing the earlier provisions of the taxation law (1997), annual budget laws of the Kingdom of Cambodia time and decrees and codes of the People’s Republic of Kampuchea (PRK) and the State of Cambodia (SOC) is seen as  simple, flexible and ...

KANTHA Bopha Hospital treated 74,975 seriously ill children  admitted to the hospital from January until the end of May this year, an increase of 108% over the past year. ...

Mainland China, Vietnam and Thailand accounted for $7.259 billion or 71.81 per cent of Cambodia’s total goods imports in the first five months of 2023, which amounted to $10.109 billion, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Cambodia earned $369.643 million from the export of “furniture, lighting signs, prefabricated buildings” in the first half (H1) of 2023, down 29.67 per cent from $525.591 million in 2022H1 and down nearly 12.5 per cent from $422.67 million in 2022H2, according to provisional Customs (GDCE) ...