Prolonged VAT exemptions to benefit farmers
As revenues have soared, the General Department of Customs and Excise of Cambodia (GDCE) has opted not to impose new value-added taxes (VAT) on select agricultural equipment in policies set to take effect on January 1, next year. ...
Thou Vireak
https://www.phnompenhpost.com/business/prolonged-vat-exemptions-benefit-farmers
Japan to assist in Cambodian customs clearance automation
The Japanese government will assist the Cambodian General Department of Customs and Excise of Cambodia (GDCE) in setting up an automated customs clearance system that will speed up cargo clearance time, alleviating congestion problems that slow the process. ...
Jason Boken
https://www.khmertimeskh.com/50804464/japan-to-assist-in-cambodian-customs-clearance-automation/
Announcement on the adjustment of the special tax rate on some certain cars
On 16 February 2021, the General Department of Customs and Excise of Cambodia released an announcement on the adjustment of the reduction of the special tax rate for some certain cars that will come into effect from 01 March 2021 onwards. ...
General Department of Customs and Excise
Special tariffs cut to boost auto sales
From early next month, the special tariffs on imported family vehicles will be reduced by 10 to 25 percent according to engine size, according to an announcement from the General Department of Custom and Excise. ...
Sok Chan
https://www.khmertimeskh.com/50816772/special-tariffs-cut-to-boost-auto-sales/
Customs logs nearly $1.16B in first half 2021
The Ministry of Economy and Finance’s General Department of Customs and Excise of Cambodia (GDCE) collected $1.1595 billion in revenue in the first half of 2021, down 8.9 percent year-on-year. ...
Thou Vireak
https://phnompenhpost.com/business/customs-logs-nearly-116b-first-half-2021
Study set to pinpoint trade flow bottlenecks at ports
The results of a crucial ongoing study will enable Cambodia to set out a framework of strategies to enhance the efficiency of the trade facilitation environment and the Kingdom’s competitiveness on the international stage, according to General Department of Customs and Excise (GDCE) director-general Kun ...
Hin Pisei
https://www.phnompenhpost.com/business/study-set-pinpoint-trade-flow-bottlenecks-ports
Cambodian customs department nets $1.52 billion in eight months
The General Department of Customs and Excise earned $1.5 billion as revenue in the first eight months this year, representing 64.2 percent of yearly plan. ...
Khmer Times Staff
https://www.khmertimeskh.com/50934455/cambodian-customs-department-nets-1-52-billion-in-eight-months/
Customs collected nearly $600 million in revenue in the first quarter of this year
The General Department of Customs and Excise of Cambodia (ACC) collected 2,428.6 billion Riels, equivalent to $597.6 million or approximately 23.2percent of the plan set by the Financial Law for 2022 management. ...
Khmer Times Staff
https://www.khmertimeskh.com/501059681/customs-collected-nearly-600-million-in-revenue-in-the-first-quarter-of-this-year/
Kingdom’s GFT exports grow by 15% in 2022
Cambodia’s exports of garments, footwear and travel (GFT) goods grew by around 15 percent in 2022 compared to the previous year, from $10.99 billion to $12.63 billion, but the total share of the sector declined marginally, according to the latest report on trade by the ...
Manoj Mathew
https://www.khmertimeskh.com/501218056/kingdoms-gft-exports-grow-by-15-in-2022/
Cambodia’s international trade recorded at almost $32 billion in first eight months
The total trade volume between Cambodia and its partners around the world reached almost $32 billion in the first eight months of 2023, down 14.5 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359286/cambodias-international-trade-recorded-at-almost-32-billion-in-first-eight-months/
New foreign minister all set to pursue predecessor’s reforms
Cambodia’s new foreign minister Sok Chenda Sophea, who is former secretary-general of the Council for the Development of Cambodia (CDC), pledges to complete the implementation of reforms introduced by his predecessor Prak Sokhonn. ...
Van Socheata
https://www.phnompenhpost.com/national-politics/new-foreign-minister-all-set-pursue-predecessors-reforms
SERC ensuring investors in the securities sector are protected
Investor protection is a top priority for the Securities and Exchange Regulator of Cambodia (SERC) – the authority in charge of monitoring, supervising and developing the sector in the Kingdom – one the body places the greatest importance. ...
Phnom Penh Post Staff
https://www.phnompenhpost.com/banking-securities-business/serc-ensuring-investors-securities-sector-are-protected
Exports to S Korea help reduce current trade deficit: pundit
Trade between Cambodia and South Korea reached nearly $504 million in the first eight months of 2023, marking an 8.4 per cent decline over the same period last year, according to the General Department of Customs and Excise (GDCE). Despite this, Cambodian exports surged by ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-s-korea-help-reduce-current-trade-deficit-pundit
Cambodia imports oil, and gas products worth $2.28 billion in the first eight months of the year
Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501362703/cambodia-imports-oil-and-gas-products-worth-2-28-billion-in-the-first-eight-months-of-the-year/
Cambodia’s trade valued at over $6.8 billion in first two months
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. ...
Khmer Times Staff
https://www.khmertimeskh.com/501254157/cambodias-trade-valued-at-over-6-8-billion-in-first-two-months/
Ministry of Post and Telecommunication petition in support of the Phnom Penh Municipal Court on the verdict of Kem Sokha
On 03 March 2022, the Ministry of Post and Telecommunication has posted a petition in support of the Phnom Penh Municipal Court on the verdict of Kem Sokha on their official social media site.According to the petition, all the civil servants under the Ministry express ...
Ministry of Post and Telecommunication
Cambodia exports reach $9.18 billion in five months
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. ...
Chea Vanyuth
https://www.khmertimeskh.com/501306111/cambodia-exports-reach-9-18-billion-in-five-months/
Banking and Financial Institutions' Code of Conduct, Lending Guidelines go into 'full implementation'
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 ...
May Kunmakara
https://www.phnompenhpost.com/business/banking-and-financial-institutions-code-conduct-lending-guidelines-go-full-implementation
Exports near $11.5B on May-Jun lift
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, ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-near-115b-may-jun-lift
China, Vietnam, Thai markets make up 70% of Cambodia’s imports
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). ...
Hin Pisei
https://www.phnompenhpost.com/business/china-vietnam-thai-markets-make-70-cambodias-imports