The General Department of Taxation (GDT) announced it aims to collect a total of $2,886 million in tax revenue this year. In January, it had already collected about $239 million, accounting for 8.3 per cent of the annual target and an increase of 14.75 per ...

Cambodia-U.S. bilateral trade was valued at $2.89 billion in the first half of this year, up 15.8 percent compared to the same period last year. Figures from the U.S. Statistics Bureau showed that Cambodia exported 2.75 billion worth of goods to the world’s largest economy, ...

The Phnom Penh Capital Administration has suspended the sale of all kinds of alcohol for another two weeks in Phnom Penh. ...

The Minister of Economy and Finance’s General Department of Taxation (GDT) collected 11.402100 trillion riel ($2.781 billion) in tax revenue in 2021, 24% more than the plan of $538 million. However, this revenue is slightly less when compared to the same period of year 2020 ...

The South  Korean government has pledged an additional concession loan package of $1.2 billion to finance a number of priority projects in Cambodia. ...

Cambodia loses an estimated $137.7 million annually due to non-complete breastfeeding. The figure includes additional costs to the health system, increased mortality rates and damage to public health, according to a joint press release from the Ministry of Health, Helen Keller and other relevant organisations. ...

Cambodia collected 11,497.98 billion riels (approximately $2.79 billion) from all sources of taxes in the first half of 2023, which is equivalent to 49.1 percent of the target ($5,692 million) for the year, according to the Ministry of Economy and Finance’s report. ...

Up to 211.2 billion riel or $52.2 million of e-commerce tax revenue was collected by the General Department of Taxation (GDT) in the first eight months of 2023 amid rapid online business growth around the world, including Cambodia. ...

The state-owned Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank) has disbursed more than $200 million in loans to at least 2,500 SMEs to help them expand businesses. ...

World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...

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. ...

Plan International Cambodia has initiated the ‘Promoting Healthy Start Project,’ a three-year initiative aimed at enhancing the health and wellbeing of young people in Siem Reap, Ratanakiri and Stung Treng provinces. ...

 Year 2023 witnessed the spectacular emergence of Cambodia’s Sihanoukville Special Economic Zone (SSEZ) as a force to reckon with, as its enterprises hit 7.13 percent of the Kingdom’s total trade turnover, up from a mere 0.88 percent in 2013. In just nine months of the ...

In the course of a year, the Ministry of Land Management, Urban Planning and Construction along with the National Authority for Land Dispute Resolution (NALDR) received a combined total of 2,713 complaints of land disputes, of which 1,871 are under review. Of the total, the ...

The European Union has contributed just under $2.4 million to Cambodia for the safe re-opening of schools and the continuing education of children, as part of their support for COVID-19 response and recovery. ...

Preah Vihear provincial authorities on Thursday cracked down on four illegal processing shops in Tbeng Meanchey district and confiscated more than 2,000 cubic metres of non-timber forest products. ...

Although the Covid-19 outbreak has had a prolonged impact on the economy from late 2019 to 2021, it has had little effect on tax revenue, reflecting the effectiveness of tax governance and transparency efforts, according to General Department of Taxation (GDT) chief Kong Vibol.   ...

Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2 ...

The continuous reform of tax procedures and understanding taxpayers have helped the tax revenue increase steadily, industry observers say. ...

Remittances from Cambodian migrant workers have continued to rise, totalling $2,630 million in 2021, an increase of 11.4 percent compared to 2018, figures from the Ministry of Labor and Vocational Training showed yesterday. The remittances are set to increase this year. ...