The General Department of Taxation (GDT) earned value-added tax (VAT) of $75.5 million on e-commerce in 2023, a year-on-year increase of 71 percent from $44 million recorded in 2022, an official report showed. ...

Prime Minister Hun Manet urged the Ministry of Inspection to expedite the preparation of the Law on Inspection this year. ...

Some 1.8 billion Khmer riel and US dollar digital transactions valued at $492 billion were recorded in 2023, which rose over 600 million from 1.1 billion transactions in 2022, the National Bank of Cambodia (NBC) said on March 29. This significant increase, an economist opined, ...

The education ministry’s Information Technology Department conducted a recent training course for 200 high school teachers, in order to enhance their use of online teaching resources. ...

The National Authority for Out-of-Court Dispute Resolution (NAOCDR) is working with about 40 non-governmental organisations (NGOs) to encourage people to resolve issues out-of-court. ...

The Credit Guarantee Corporation of Cambodia (CGCC) has infused credit guarantees of as much as $164.7 million as of December 2023. ...

CMA CGM GROUP, a world’s largest shipping and logistics company, is intended to expand its investment in Cambodia. ...

On Wednesday, the Council for the Development of Cambodia (CDC) announced the release of 10 investment projects worth $60 million in textile, garment, footwear, and manufacturing industries, creating 12,695 jobs. ...

Cambodia expects to earn $88 million a year from transportation through the Funan-Techo canal by 2050 and reach $570 million a year by then. ...

Following a series of negotiations spanning nearly five years, the Cambodian and Philippines governments have concluded the final draft of a double taxation agreement (DTA) between the two nations, in a bid to improve trade and ease investment mechanisms. ...

The General Department of Customs and Excise (GDCE) of Cambodia said that after a meeting with meat importers, it will be setting more stringent guidelines and conditions for those operating in this sector. ...

While exiting the Least Developed Country (LDC) status is considered a development milestone for Cambodia, it also means loss of trade benefits enjoyed by LDCs, including duty-free status under the Generalized System of Preferences by various countries especially the European Union. ...

Cambodia along with the Association of Southeast Asian Nations (ASEAN) are considering revising the customs tariff regulations aimed at updating the product code to strengthen the efficiency of monitoring trade activities globally. ...

Cambodia has been entrusted to host the 12th International Conference of Asian Political Parties (ICAPP) General Assembly for the second time, and it sees this as an opportunity to facilitate solutions for political regional and global issues. ...

With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...

The increasing number of Vietnamese investors gives more potential to the Cambodia market. Saigon Though Tin Commercial Bank (Sacombank), on October 5, opened fully its operation as a foreign bank in Cambodia where before it was just a branch in Phnom Penh after the business ...

Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...

A senior member of the Garment Manufacturer’s Association in Cambodia (GMAC) on Sunday endorsed the use of deadly force by military police against striking garment workers, which left five dead and more than 20 with gunshot wounds. “GMAC condemns the use of violence, period,” he ...

The tripartite working group set up to negotiate and advise the Ministry of Labour’s Labour Advisory Committee (LAC) on next year’s minimum wage in Cambodia’s garment sector has stopped meeting after reaching a stalemate. Made up of 27 members – nine each from employers, the government ...

Work on a $143 million donor project to renovate the country’s creaking railway system, which is already over budget and years behind schedule, is now indefinitely postponed due to a lack of funds, with more than 300 km of rail still to be laid, a ...