Government

Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...

Three local products are in the final stages of domestic geographical indication (GI) registration, with another not far behind, the Ministry of Commerce reported, raising hopes that the protected status would allow producers to expand their footprint globally, and promote a surge in the value ...

The Ministry of Commerce plans to set up five Cambodian private business centres in China to step up the Kingdom’s exports to the East Asian giant and maximise use of the bilateral free trade agreement (FTA) between the two countries, the ministry’s two-day annual meeting ...

Cambodia ranks 150 of 180 countries in the annual Corruption Perceptions Index (CPI) for 2022, an improvement over 2021, when the country ranked 157th. ...

The government will issue a sub-decree to extend the validity of expired ID cards to enable people to cast their ballot for the National Election on July 23. ...

The government’s strategic measures and reforms helped Cambodia register remarkable export growth, the Ministry of Commerce said yesterday. ...

The Ministry of Commerce has earned more than $15 million to bolster the national budget, an increase of more than six percent over 2021, according to a report. ...

Cambodia’s global corruption core has slightly improved with it receiving 24 out of 100 in the 2022 Corruption Perceptions Index (CPI), which was released today by Transparency International (TI), placing it 150th out of the 180 countries. ...

A delegation of Sumitomo Mitsui Banking Corporation (SMBC), led by its Managing Executive Officer and Co-Head of the Asia Pacific Division Rajeev Kannan, is seeking for investment opportunities in Cambodia, especially in areas of logistics and tourism port. ...

Cambodian Ministry of Agriculture, Forestry and Fisheries (MAFF), and the International Rice Research Institute (IRRI) have exchanged views on promotion of bilateral cooperation, especially in the fields of rice and agrifood systems. ...

The Ministry of Public Works and Transport announced that more than 40km of the space for the 61km new road has been cleared. The road will connect Bokor National Park to National Road 4. ...

Cambodian taxes can currently be paid at 10 commercial banks, thanks to memorandums of understanding (MoU) signed by the Ministry of Economy and Finance in a bid to improve tax administration efficiency and make life easier for taxpayers, according to a General Department of Taxation ...

The local WorldBridge Group of Companies and South Korean-owned Luxury Business Group (LBG) entered into a joint venture (JV) to develop professional training in the Cambodian retail industry, with a focus on the luxury segment. ...

At a recent meeting in Seoul with a Cambodian delegation led by Minister of Commerce Pan Sorasak, Yu expressed his firm belief that the Cambodia-Korea Free Trade Agreement (CKFTA) will boost trade between the two countries. ...

Cambodia loses an estimated $137.7 million annually due to non-complete breastfeeding. The figure includes additional costs to the health system, increased mortality rates and damage to public health, according to a joint press release from the Ministry of Health, Helen Keller and other relevant organisations. ...

Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...

The easing of COVID-19 restrictions in China will contribute to the restoration of global supply chains, a Ghanaian expert says. ...

The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has changed its instruction on implementing the value-added tax (VAT) on e-commerce transactions ...

Cambodia issued operating licenses to 10,701 new companies in 2022, up 39 percent from 7,677 firms in 2021, said a Ministry of Commerce’s report released on Monday. ...

The National Social Security Fund (NSSF) instructed all partnered health facilities to fulfil their obligations by entering all members’ medical and healthcare data into the payment system in a timely manner as there are nearly 2,000 health facilities that signed the agreement with the NSSF, ...

Two high-ranking Cambodian officials have issued fresh rallying calls for South Korean entities to invest in the Kingdom and take advantage of its bilateral and multilateral trade pacts, especially the Cambodia-Korea Free Trade Agreement (CKFTA) that took effect on December 1. ...

On behalf of Minister of Justice Koeut Rith, justice ministry secretary of state Chin Malin signed a memorandum of understanding (MoU) with the Building Bridges USA (BBUSA) Law Office on “Enriching legal knowledge and the use of an electronic law library”, in a ceremony held ...

The Ministry of Environment announced the launch of a two-year project to stimulate local economies through the implementation of agroforestry and environmental agronomy in Kravanh district, Pursat province.​ ...

The Cambodian People’s Party (CPP) on January 29 concluded its two-day extraordinary congress, setting the party’s priority goals for 2023-2028. ...