Economy and commerce

Advisory Note to GMAC Members On Cambodia and the UK’s General Scheme of Preference (GSP)

On 19 November 2020, Garments Manufacturers Association in Cambodia (GMAC) has posted an advisory note regarding UK’s General Scheme of Preference (GSP).  Following Brexit, eligible developing countries will be able to benefit from UK’s General Scheme of Preference (GSP). Cambodia, classified by the UN as ...

Garments Manufacturers Association in Cambodia (GMAC)

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Press release: Economic and social impact assessment of COVID-19 in Cambodia

On 08 October 2020, the UNDP Cambodia issued a press release of a policy brief that assesses the socioeconomic impacts of COVID-19 in Cambodia. It was launched yesterday by the UN Development Programme (UNDP) through careful consultation with the Ministry of Economy and Finance (MEF) ...

UN Development Programme Cambodia

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Press Statement of the Council for the Development of Cambodia on the United States Department of the Treasury’s decision to impose sanctions on Union Development Group Co., Ltd (UDG)

On 20 September 2020, Council for the Development of Cambodia has issued a press statement in respond to the imposed sanction on Union Development Group (UDG) by the United States Department of  the Treasury. The paper has responded to various allegations made by  the United ...

Council for the development of Cambodia

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Guidance for members and buyers on partial withdrawal of EBA for exports to the European Union

On 12 August 2020, the Garment Manufacturers Association in Cambodia (GMAC) issued guidance for its members and buyers following the partial withdrawal of EBA for exports to the European Union that will take effect from 12 August 2020. GMAC has prepared this guidance for the ...

Garment Manufacturers Association in Cambodia (GMAC)

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Press release: Cambodia loses duty-free access to the EU market over human rights concerns

On 12 August 2020, the European Commission issued a press release over its decision on the partial withdrawal of Everything But Arms (EBA) from Cambodia. Some of Cambodia’s typical export products such as garments, footwear and​ travel goods are subject to the European Union’s customs ...

European Commission

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Statement: Joint response to open letter on microfinance reports

On 16 July 2020, the Cambodian League for the Promotion and Defense of Human Rights (LICADHO), Sahmakum Teang Tnaut (STT), Cambodian Alliance of Trade Unions (CATU), and Center for Alliance of Labor and Human Rights (CENTRAL) issued a joint response declining request from the Cambodia ...

Cambodian League for the Promotion and Defense of Human Rights (LICADHO)

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Open letter to Cambodia League for Promotion and Defense of Human Rights, Cambodian Alliance of Trade Union, Center for Alliance of Labor and Human Rights and Sahmakum Teang Tnaut

On 15 July 2020, the Association of Banks in Cambodia and the Cambodia Microfinance issued an open letter to Cambodia League for Promotion and Defense of Human Rights, Cambodian Alliance of Trade Union, Center for Alliance of Labor and Human Rights and Sahmakum Teang Tnaut, ...

Association of Banks in Cambodia and the Cambodia Microfinance

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Announcement on the outcome of the first round meeting of the Committee for Policy Action for the Promotion of Small and Medium Enterprises

On 14 July 2020, Ministry of Economy and Finance has posted an announcement on its social media site about the outcome of the first round meeting of the Committee for Policy Action for the Promotion of Small and Medium Enterprises. The meeting discussed and agreed ...

Ministry of Economy and Finance

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ACLEDA Bank: Statement to the public as well as to the​ Cambodian​ Alliance​ of​ Trade​ Union​ (CATU),​ Center​ for​ Alliance​ of​ Labor​ and​ Human​ Rights​ (CENTRAL),​ and​ Cambodian​ Leauge​ for​ the​ Promotion​ and​ Defense​ of​ Human​ Rights​ (LICADHO)

On 02 July 2020, the ACLEDA Bank Plc. issued a statement to the public as well as to the​ Cambodian​ Alliance​ of​ Trade​ Union​ (CATU),​ Center​ for​ Alliance​ of​ Labor​ and​ Human​ Rights​ (CENTRAL),​ and​ Cambodian​ Leauge​ for​ the​ Promotion​ and​ Defense​ of​ Human​ Rights​ ...

ACLEDA Bank Plc.

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Statement of the Associations send reply to the European Parliament again appealing to postpone the schedule withdrawal of EBA trade preferences

On 30 June 2020, the Garment Manufacturers Association in Cambodia (GMAC), Cambodia Footwear Association (CFA) and European Chamber of Commerce in Cambodia (EUROCHAM) issued a statement responding to a letter issued by the Chair of European Parliament’s International Trade Committee, Bernd Lange, on behalf of ...

Garment Manufacturers Association in Cambodia (GMAC)

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Announcement on providing tax services for the provision of tax identification card on means of transportation for all types of vehicles at the provincial tax branches and commercial banks

On 30 June 2020, the General Department of Taxation​ issued an announcement to all vehicle owners who requested tax identification to get theirs at any working time at the provincial tax branches and commercial banks where they have requested to make the above identification card. ...

General Department of Taxation

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Statement on minimum wage negotiation for 2021

On 23 June 2020, the Garment Manufacturers Association in Cambodia (GMAC) issued a statement regarding the temporary postpone of minimum wage negotiation for 2021. This statement is made upon the current circumstance of the COVID-19 outbreak that severely affects the textile, garment and footwear sector. ...

Garment Manufacturers Association in Cambodia (GMAC)

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Announcement on the "Official launch of business registration system on information technology platform"

On Monday, 15 June 2020, Deputy Prime Minister and Minister of Economy and Finance H.E. Aun Pornmoniroth addresses the participants while he was presiding over the official launch of business registration system on information technology platform with the participation from relevant ministries, institutions, development partners, ...

Ministry of Economy and Finance

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Joint letter to request for postponement of EBA withdrawal due to COVID-19 crisis and joint statement to the press

On 02 June 2020, the Garment Manufacturers Association in Cambodia (GMAC), Cambodia Footwear Association (CFA) and European Chamber of Commerce in Cambodia (EUROCHAM) issued a joint letter as well as a press statement calling on the European Commission to postpone the withdrawal of Everything But ...

Garment Manufacturers Association in Cambodia (GMAC)

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Announcement of National Bank of Cambodia on the meeting about the challenges of US $1 $2 and $5 Dollar circulation in Cambodia

On 28 May 2020, the National Bank of Cambodia releases an announcement on the meeting about the challenges of​ the US $1, $2, $5 dollar circulation in Cambodia.  ...

National Bank of Cambodia

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Announcement on the re-export of white rice

On 13 May 2020, the Cambodia Rice Federation issued an announcement to its members, according to a notification from the Ministry of Economy and Finance in which the Royal Government  is authorized to grant the re-export of white rice upon overseas buying contract and the ...

Cambodia Rice Federation

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Announcement to the Cambodia Rice Federation about the permission to re-export white rice

On May 13 2020, the Ministry of Economy and Finance has issued a notification to the Cambodian Rice Federation, in which the Royal Government is authorized to grant the re-export of white rice upon overseas buying contract and the notification comes into effect from 20 ...

Ministry of Economy and Finance

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Announcement on the launching of the SMEs co-financing project

On 03 April 2020, the Ministry of Economy and Finance has released an announcement on the launching of “SMEs co-financing” project. The funding under the co-financing scheme is US $ 100 million, which is a joint venture between the SME Bank of Cambodia and the Microfinance ...

Ministry of Economy and Finance

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Announcement on the Cambodia's travel products export exceed US $1.2 billion

On 16 March  2020, the Garment Manufacturers Association in Cambodia (GMAC) has issued an announcement on the Cambodian travel products export to the world on which has exceed $1.2 billion in 2019. ...

Garment Manufacturers Association in Cambodia (GMAC)

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Announcement of the Ministry of Economic on the revision and discussion meeting on the draft of Public Investment Management

On 03 March 2020, the Ministry of Economic has posted an announcement on its official Facebook page about the meeting of the ministry’s officers on the revision and discussion of the two drafts namely, the draft of the Sub-decree on the public investment management and ...

Ministry of Economic

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