Economic policy and administration

The Ministry of Economy and Finance last week did away with a special tax on imported products that were being used for re-export, after Japanese businesses said that it undermined their status as Qualified Investment Projects. Under the Qualified Investment Projects (QIP) scheme, firms can ...

Cambodia’s property sector continues to grow, offering both opportunities and challenges for both foreign and local investors. Meanwhile, ahead of the ASEAN Integration, a wider access to transparent information about the FDI fuelling the sector could lead to the adoption of stronger regulatory principles and ...

Thailand has invested $100 million in Cambodia’s construction sector, according to the latest figures issued by the Minister of Land Management, Urban Planning and Construction. ...

The European Union is increasingly scrutinising abuse of its Everything But Arms treaty with Cambodia, underscoring both the importance of the zero-tariff agreement to the Kingdom’s economy and the potential for its misuse. In Cambodia’s rice sector, fears that cheap rice from neighbouring countries is ...

Following an outbreak in South Korea of a deadly respiratory disease which has killed three people and infected 36 in that country since late last month, Cambodian health officials on Friday asked travelers coming from infected regions to be vigilant to avoid its spread here. ...

Prime Minister Hun Sen met with Chinese President Xi Jinping on the sidelines of the 60th Asian-Af­ri­can Conference Commemoration in Bandung, Indonesia, on Thursday, announcing further cooperation between the two countries, local media reported Friday. ...

The number of tourists travelling during the three-day Khmer New Year festivities saw a dramatic increase this year, with the largest attraction – Angkor Sangkran in Siem Reap – hosting more than a million visitors last week. ...

Cambodia set yet another Guinness World Record on Wednesday—its second in three days—when 2,015 people participated in a synchronized line dance during the Angkor Sankranta New Year festival in Siem Reap City. ...

A Guinness World Records judge kicked this year’s Angkor Sankranta festival into action Monday by officially declaring a 4-ton sticky rice cake produced for the Khmer New Year celebration to be the largest ever made. ...

Cambodia Bayon Airlines made its inaugural flight to Sihanoukville on Sunday, more than three months after the Chinese airline opened a daily route between Phnom Penh and Siem Reap City. ...

More than 100 slot machines worth over $1 million in total were seized in a police raid on a warehouse in Phnom Penh’s Sen Sok district on Monday, an Interior Ministry official said. ...

Cambodia’s critical garment industry may be doing significantly better than Commerce Ministry figures suggest, judging by the Finance Ministry’s count, but just whose numbers to trust is up for debate. ...

The Preah Sihanouk Provincial Court has denied bail to Russian businessman Nikolai Doroshenko, who was arrested at his family’s restaurant in Sihanoukville last week and jailed on a trio of fraud charges related to a dispute with fugitive developer Sergei Polonsky, the investigating judge said ...

The Ministry of Commerce launched its long-awaited online system to generate certificates of origin (COs) yesterday. The new system, developed in partnership with Singapore-based Crimson Logic, is expected to speed up and simplify the process of getting a CO, a document which identifies where a product ...

Police in Phnom Penh raided a factory on Monday, collecting thousands of items of evidence linked to an alleged counterfeiting scheme producing soft drinks illegally marked with the logo of a popular regional brand. ...

Police in Phnom Penh raided a factory on Monday, collecting thousands of items of evidence linked to an alleged counterfeiting scheme producing soft drinks illegally marked with the logo of a popular regional brand. ...

Police in Phnom Penh raided a factory on Monday, collecting thousands of items of evidence linked to an alleged counterfeiting scheme producing soft drinks illegally marked with the logo of a popular regional brand. ...

Cambodia’s massage palours and spa centres are now required to have at least 30 per cent of their staff trained and certified or risk having their business permits revoked, according to a new directive from the Ministry of Tourism. The directive seeks to professionalise the practice ...

The Cambodian government will introduce a food-safety law later this year that would see the Kingdom adopt a set of national food safety standards and ensure greater coordination across ministries, according to a health official. Aing Hoksrun, chief of the food bureau at the Department of ...

The Council of Ministers released a new policy on Friday aimed at boosting Cambodia’s industrial development beyond the garment and food sectors, placing Preah Sihanouk province at the center of plans to modernize the country’s economy. ...

Prime Minister Hun Sen said the Council of Ministers would review and pass the Industrial Development Policy 2015-2025 today, setting out a roadmap that aims to boost investment and broaden the Kingdom’s manufacturing base. The policy framework will consist of four pillars: attracting FDI to ...

With the realisation of the ASEAN Economic Community due at the end of the year, politicians and business delegates, at a conference to discuss Cambodia’s AEC progress, have stressed the need for a more coordinated approach during the transition into deeper regional integration. “Our ambitious ...

Commerce Minister Sun Chanthol called on business owners to clean up their activities in the Kingdom, in order to remain competitive, especially in light of the ASEAN Economic Community integration due to be realised at the end of the year. Private sector companies have traditionally raised ...

Public and private sector representatives have urged the Cambodian government to fast-track policies to foster a more “formalised”, compliant and productive small- to medium-size enterprise (SME) sector. Chea Serey, director general at the National Bank of Cambodia said the high cost of regulatory compliance, a ...