Economy and commerce
Up to 700,000 foreign tourists expected to visit Cambodia this year
Up to 700,000 international visitors are expected to visit Cambodia this year, after the Royal Government had recently eased the entry rules. ...
Khmer Times Staff
https://www.khmertimeskh.com/501052200/up-to-700000-foreign-tourists-expected-to-visit-cambodia-this-year/
Cambodia starts collecting VAT on e-commerce from today
The implementation of value added tax (VAT) on e-commerce will start today after a three-month delay. ...
Khmer Times Staff
https://www.khmertimeskh.com/501050858/cambodia-starts-collecting-vat-on-e-commerce-from-today/
Foreign companies reminded to register for VAT before April 1
The General Department of Taxation (GDT) has issued a reminder for foreign companies supplying digital goods, services or any e-commerce activity in Cambodia to fulfil the obligation for Simplified VAT Registration before the April 1 deadline or stand to face fines. ...
Hom Phanet
https://www.phnompenhpost.com/business/foreign-companies-reminded-register-vat-april-1
Electronic port data exchange system set for August
The Ministry of Public Works and Transport has announced plans to implement an online-only electronic data exchange system in Cambodia’s ports in August to facilitate a more efficient management of ship transport and transfer activity. ...
Nov Sivutha
https://www.phnompenhpost.com/business/electronic-port-data-exchange-system-set-august
Cambodian mangoes air freighted to Chinese market
The export of Vietnamese dragon fruit and Cambodian mangos to the Chinese market has been difficult since the outbreak of Covid-19. Custom clearance procedures are often delayed and the overall export volume has declined. Exporters have tried every possible method of overland transport, but keep ...
Khmer Times Staff
https://www.khmertimeskh.com/501050755/cambodian-mangoes-air-freighted-to-chinese-market/
Cambodia launches 1st B2B2C e-commerce platform
Cambodia on Thursday launched the country’s first business-to-business-to-customer (B2B2C) e-commerce platform, aiming to help small and medium-sized enterprises (SMEs) sell their products to potential clients, said Commerce Minister Pan Sorasak. ...
Khmer Times Staff
https://www.khmertimeskh.com/501050763/cambodia-launches-1st-b2b2c-e-commerce-platform/
PM, Huawei regional chief talk IT development
Prime Minister Hun Sen has called on Chinese tech giant Huawei to continue to cooperate with the Ministry of Post and Telecommunications on training the local workforce and help Cambodia procure the latest technology to ensure cyber security and competition. ...
Hin Pisei
https://www.phnompenhpost.com/business/pm-huawei-regional-chief-talk-it-development
Cambodia e-marketplace set to go online today
The Ministry of Commerce will officially launch an online marketplace today, featuring around a thousand goods produced locally and available for online shopping lovers. ...
https://www.khmertimeskh.com/501050099/cambodia-e-marketplace-set-to-go-online-today/
https://www.khmertimeskh.com/501050099/cambodia-e-marketplace-set-to-go-online-today/
$1.2 billion S Korean loan for Cambodia’s priority projects
The South Korean government has pledged an additional concession loan package of $1.2 billion to finance a number of priority projects in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501050282/1-2-billion-s-korean-loan-for-cambodias-priority-projects/
Cambodia seeks more economic cooperation with OIF nations
Cambodia is seeking more economic, trade, and investment ties with Francophonie nations, Prime Minister Hun Sen told visiting Secretary-General of the International Organization of La Francophonie (OIF) Louise Mushikiwabo at a meeting yesterday. ...
Sar Socheath
https://www.khmertimeskh.com/501049475/cambodia-seeks-more-economic-cooperation-with-oif-nations/
Malacca, Malaysia delegation eyes four local sectors for investment
Leaders and businesspeople from the Malaysian state of Malacca have vowed to promote investment among compatriots in four target Cambodian sectors – education and vocational training; real estate; mining; and energy, according to the Council for the Development of Cambodia (CDC). ...
IELTS available at ACLEDA’s business school
The ACLEDA Institute of Business (AIB) has teamed up with the IELTS Cambodia Official Test Centre at IDP Education to administer the English proficiency exam at the institute, as part of its ambition to gain widespread international recognition. ...
Hom Phanet
https://www.phnompenhpost.com/business/ielts-available-acledas-business-school
Cambodia earns $70 million by issuing exclusive customized vehicle licence plates
The Ministry of Public Works and Transport earned $70 million from the sale of special license plates from September 2016 to February 2022. ...
Khmer Times Staff
https://www.khmertimeskh.com/501049492/cambodia-earns-70-million-by-issuing-exclusive-customized-vehicle-licence-plates/
Rubber latex, wood exports worth over $77M in Jan-Feb
Cambodia netted more than $77 million from rubber latex and wood exports in the first two months of 2022, according to data released by the Ministry of Agriculture, Forestry and Fishery’s General Directorate of Rubber. ...
Hin Pisei
https://www.phnompenhpost.com/business/rubber-latex-wood-exports-worth-over-77m-jan-feb
Country aims to open financing frontiers for women entrepreneurs
Cambodia aims to boost financial inclusion for women entrepreneurs through Credit Guarantee Corporation of Cambodia Plc (CGCC) and support for women-led micro, small- and medium-sized enterprises (MSME) as part of broader efforts to bridge financing gaps for businesswomen and underpin Covid-19 economic recovery plans. ...
Hom Phanet
https://www.phnompenhpost.com/business/country-aims-open-financing-frontiers-women-entrepreneurs
Japanese PM’s visit to Cambodia strengthens bilateral ties
The recent visit to Cambodia by Japanese Prime Minister Fumio Kishida has strengthened bilateral relations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501048912/japanese-pms-visit-to-cambodia-strengthens-bilateral-ties/
Realty firm inks micro-lending deal
Chief (Cambodia) Commercial Bank Plc (Chief Bank) has teamed up with local real estate company Zillennium Co Ltd as part of the bank’s plans to expand the user base of its ‘Chief Easy’ micro-lending app. ...
Hin Pisei
https://www.phnompenhpost.com/business/realty-firm-inks-micro-lending-deal
Longan exports to China soon
The agriculture ministry has urged longan growers and relevant private sector companies to register their plantations and packaging plants “as soon as possible” to be able to export the fruit to China, as negotiations on the export process reach their final stages. ...
Hom Phanet
https://www.phnompenhpost.com/business/longan-exports-china-soon
Rubber latex, wood exports worth over $77M in Jan-Feb
Cambodia netted more than $77 million from rubber latex and wood exports in the first two months of 2022, according to data released by the Ministry of Agriculture, Forestry and Fishery’s General Directorate of Rubber. ...
Hin Pisei
https://www.phnompenhpost.com/business/rubber-latex-wood-exports-worth-over-77m-jan-feb
Cambodia nets $611 million in rubber and rubberwood exports in 2021
Cambodia earned more than $77 million from the export of rubber and rubberwood in the first two months of this year, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...
Khmer Times Staff
https://www.khmertimeskh.com/501048075/cambodia-nets-611-million-in-rubber-and-rubberwood-exports-in-2021/
Personalised plates net more than $70 million
The Ministry of Public Works and Transport netted over $70 million from selling special and personalised vehicle licence plates from September 2016 to February this year. ...
Post Staff
https://www.phnompenhpost.com/national/personalised-plates-net-more-70-million
Kingdom to have ‘at least 10’ EV stations by December
Cambodia aims to have “at least 10” operational electric vehicle (EV) charging stations nationwide by end-2022, in the capital and “key provinces”, according to the public works minister on March 22. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-have-least-10-ev-stations-december
Rubber market bouncing back up
Cambodia exported more than 48,000 tonnes of rubber to international markets in the first two months of the year, an increase of six per cent compared to the same period last year, netting more than $76 million, according to data released by the Ministry of ...
Hin Pisei
https://www.phnompenhpost.com/business/rubber-market-bouncing-back
1.4GW Stung Treng hydropower dam okayed in principle
The government has agreed in principle to a 1,400MW hydropower dam in Stung Treng province to be built jointly by local conglomerate Royal Group of Companies Ltd and China (Cambodia) Rich International Co Ltd. ...
Nov Sivutha
https://www.phnompenhpost.com/business/14gw-stung-treng-hydropower-dam-okayed-principle