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/

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). ...

Hin Pisei
https://www.phnompenhpost.com/business/malacca-malaysia-delegation-eyes-four-local-sectors-investment

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

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

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