Economy and commerce

The General Department of Taxation (GTD) of the Ministry of Economy and Finance (MEF) has collected more than $2.94 billion of tax revenue for the period of first 10 months this year, which passes the amount set in the budget law 2022 and increases 26.96 ...

A total of 19,072 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of November 2, the finance ministry reported, in an achievement seen as a reflection of government efforts to improve the ease of ...

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) totalled $2.069 billion in the first 10 months of 2022, marking a 17.09 per cent rise year-on-year from $1.767 billion, according to statistics posted by the operator at the weekend. ...

The trade volume between Cambodia and China registered a 7.1 percent year-on-year growth to $9.62 billion in the ten months of this year, according to the General Department of Customs and Excise. ...

Structural changes to be brought by Regional Comprehensive Economic Partnership (RCEP) can raise Cambodia’s exports between 9.4 percent and 18 percent annually, according to experts. ...

The region and the globe remain in the grip of a slew of intractable crises on top of the persistent effects of Covid-19, posing precarious economic headwinds and dampening growth prospects for the coming years. ...

The Kingdom of Cambodia and Brunei Darussalam have highly valued their bilateral relations and cooperation and pledged to further foster them. ...

The 2022 ASEAN summit took place at the Cambodian capital Phnom Penh, this past weekend, with China as an official guest. At the event, Chinese Premier Li Keqiang announced Beijing’s approval of Chinese investment in significant infrastructure projects in the ASEAN region. ...

Ten member states of Southeast Asian Nations (ASEAN), Japan, China, and Korea have boosted cooperation in trade and investment by taking advantage of the existing free trade agreements. ...

Premier Li Keqiang said that China is the largest developing country and reform and opening-up is its pathway toward modernization when meeting with the International Monetary Fund Managing Director Kristalina Georgieva in Phnom Penh, Cambodia, on Saturday. ...

The second Asean Global Dialogue kicked off here in the capital of Cambodia on Sunday, focusing on sustainable post-Covid-19 pandemic economic recovery. ...

Senior Minister Sun Chanthol, Minister of Public Works and Transport, announced that the construction of the Phnom Penh-Bavet Expressway will begin on 2023. ...

Prime Minister Hun Sen said that Cambodia is proud to have supported the poor and vulnerable with cash payments through the dark time of the Covid-19 pandemic. To date, the government has disbursed about $40 million a month to assist people affected by the virus.​​ ...

The new Phnom Penh international airport, which is being constructed by the China Construction Third Engineering Bureau Group Co., Ltd, is expected to play a key role in boosting Cambodia’s economic growth and tourism after being completed. ...

The Kingdom of Cambodia and the People’s Republic of China signed here this afternoon 18 key documents to further boost their bilateral relations and cooperation. ...

Cambodia has received the full support of members to lead the 20th session of a Working Group on the legal development of the Madrid System for the international registration of trademarks by the World Intellectual Property Organization (WIPO) for 5 days from November 7- 11. ...

Hun Sen and Pham Minh Chinh witnessed the signing of 11 cooperation documents on land transport; agricultural cooperation; border trade; commerce; TV and radio cooperation; telecom, ICT, and digital transformation; labour; financial innovation and payment systems. ...

Cambodia’s export volume to China has been slipping since May, but economists feel it might not waylay Cambodia’s economic growth much ...

Phnom Penh recently announced the implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35 to raise the potential of investment and trade and improve national economic productivity, according to Aun Pornmoniroth, minister of economy and finance and chairman of the National Committee for ...

The number of companies registered through the information technology platform co-developed by multi-ministries has reached 19,072 as of 2 November 2022, according to the figures from the Ministry of Economy and Finance (MEF) yesterday. ...

Cambodia exported a total of $4,703 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first nine months of this year, an increase of six percent when compared with the same period last year. ...

Regional Comprehensive Economic Partnership (RCEP) will boost trade volume by around $40 billion and increase real income by up to 2.5 percent, according to Prime Minister Hun Sen. ...

The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...

Cambodia’s Biz Fair is making a return after a pandemic-fuelled hiatus and is expected to attract 500,000 visitors to the five-day event hosted at a newly-developed stretch of coastline close to Sihanoukville. ...