Government

Minister of Economy and Finance Aun Pornmoniroth has proposed an adjustment on vehicle import duty, to be effective from March 1, to revive the market and buttress the logistics sector after customs clearance revenue on vehicles fell by 40 percent in 2020 from a year ...

A study has been undertaken to look at the upgrading of fishery businesses in Battambang and Kampong Chhnang provinces. Those upgrades could then be replicated in other provinces in the country. ...

Cambodia Post Bank Plc achieved another significant milestone on Monday after the General Department of Taxation of Cambodia allowed the financial institution to collect taxes. ...

The latest Cambodia Inter-censal Agriculture Survey 2019 (CIAS 2019) noted that 88 per cent of household agricultural holdings engaged in crop activity, while 75 per cent reported raising livestock, poultry or insects. ...

Under the Cambodia-China Free Trade Agreement (CCFTA), Cambodia can export more than 10,000 items to China, which in turn could export over 8,000 items to Cambodia ...

The Ministry of Commerce will collaborate with the Kampot Pepper Promotion Association (KPPA) to develop new strategic plans that build confidence in Kampot pepper and explore additional markets for the crop, one of Cambodia’s Geographical Indication (GI) products. ...

The Ministry of Public Works said on Saturday that the construction of a wastewater treatment plant in Sihanoukville is 93 percent complete. Minister of Public Works Sun Chanthol said during an inspection visit that the wastewater treatment plant will enhance the image of the coastal ...

United States Ambassador Patrick Murphy met with Minister of Justice Keut Rith yesterday to discuss anti-human trafficking efforts, law enforcement cooperation and protecting freedoms granted in the Cambodian constitution. ...

The Food Safety Law is making headway and expected to be enacted later this year, with industry insiders confident the legislation will lure more international investors, spark growth in the reeling tourism sector and chip in to national economic growth. ...

The National Bank of Cambodia has collaborated with the United States Agency for International Development (USAID) through Pact Cambodia, Khmer Enterprise, Swisscontact and Good Return to organise the Entrepreneurship Ecosystem Forum on “Access to Finance for Women Entrepreneurs in COVID-19 Era”. ...

Following the successful completion of two rounds of assistance packages to support small and medium-sized enterprises (SMEs) and startups during the COVID-19 pandemic, Khmer Enterprise will implement a third this year. ...

Prime Minister Hun Sen has said that oil revenues will have less of an impact in the short term on the country’s overall economy than other traditional business sectors. His statement was made during a joint ceremony for the inauguration of  the Chamkar Mon Water ...

Cambodia and South Korea have concluded their free trade agreement (FTA) negotiations and are now closer to the signing of a final pact later this year. ...

The Australian government announced on February 1 that it has provided a grant of $28 million for the rollout of Covid-19 vaccines approved by World Health Organisation (WHO) for 1.5 million Cambodians. ...

The Ministry of Education has given 40 television sets to schools in three provinces bordering Thailand to promote distance learning. ...

The groundbreaking ceremony of the water treatment facility in Bakheng, outskirt of Phnom Penh, takes place today, presided over by Prime Minister Hun Sen. The plant, designed and built by Vinci Construction Grands Projets, will have the capacity to supply drinking 195,000 cubic metres of ...

In preparation for the lunar new year this month, the Ministry of Health and the Ministry of Agriculture, Forestry and Fisheries have called for hygienic practices and sanitary inspections for the transportation of poultry and pigs to prevent the spread of any instances of bird ...

Cambodia scored a 21 out of 100 on Transparency International’s (TI) Corruption Perceptions Index (CPI) for 2020, a one point improvement over last year’s score. ...

Cambodia has invited Russian investors to consider taking part in Cambodia’s oil sector. The invitation was made following Cambodia’s recent start of oil production in its maritime territory. ...

The Kingdom’s real economic growth is expected to recover by 4 percent in 2021 following a contraction of 3.1 percent in 2020, according to a report from the Ministry of Economy and Finance (MEF). ...

Cambodia prioritised the development of its telecommunications infrastructure as a commitment at the first ASEAN Digital Ministers’ Meeting. ASEAN, already the most-connected region in the world, has set a goal for transitioning to a digital economy under the ASEAN Digital Masterplan 2025. ...

A $3.1 million garment factory will be built in Bati district of Takeo province, creating 702 jobs for the locals. The update was shared in a press release from the Council for the Development of Cambodia (CDC) yesterday following its approval of the investment project. ...

The Ministry of Commerce is pressing on to register some of the Kingdom’s more renown products as collective trademarks and grant them domestic geographical indication (GI) to provide them with added exposure on the international market. ...

The US Embassy is taking a targeted approach to strengthen and showcase the American-Cambodian partnership this year through its AmCam 2021 initiative. ...