News

Cambodia’s apparel exports increased by 16.56 per cent year-on-year to $8.366 billion during January-November 2022. This constituted 40.89 per cent of Cambodia’s total foreign income of $20.457 billion during the period under review, according to data from the general department of customs and excise under ...

ASEAN is confident that the goal of establishing a single market would not be far, and the bloc will continue to aim for it for the common interest of its people and leaving no one behind. ...

Authorities have arrested a total of 19 people and burned down homes as a land dispute near an Oddar Meanchey rubber plantation escalates, according to residents and a human rights group. ...

The Appeal Court on Wednesday upheld a lower court ruling finding  Candlelight Party vice president, Son Chhay, guilty of defamation against the Cambodian People’s Party and ordered him to pay  4 billion riel ($1 million) in damages — an increase by a third of what ...

The General Department of Taxation (GDT) announced that it collected 13.01693 trillion riel, or $3.21406 billion, of tax revenues in the first 11 months of 2022, equivalent to 113.99 per cent of the full-year target of $2.81955 billion, reflecting improvements in economic activity post-Covid-19. ...

Prime Minister Hun Sen appealed to both ASEAN and the EU to do their utmost to build peace and stability in the region and beyond, while decrying today’s situation where world peace is being threatened by some states. ...

The General Department of Taxation earned e-commerce value-added tax (VAT) income of $37 million from the operation of electronic goods and services till November this year. ...

The General Department of Taxation (GDT) collected $3.21 billion as taxes in the first eleven months of 2022, which is equivalent to 113.99 percent of the target set for 2022. ...

The Public-Private Partnership Contract (PPP) for the Phnom Penh-Bavet Expressway project worth about $1.63 billion has been finalised and ready for signing between the government and the private developer in a ceremony to be held in early 2023 after all the clauses of the contract ...

Cambodia and the Netherlands have inked an MoU in a move that aims to bolster bilateral ties, increase agricultural export and promote trade knowledge. ...

Cambodia’s tax revenue collected rose to $3,214.06 million in the first 11 months of the year, marking a 25.29 percent year-on-year (YoY) increase, with economic analysts claiming it is due to the strengthening of tax collection policies. ...

Cambodia has once against underlined its clear stance over the war in Ukraine, saying that it is based on principles of international law. ...

Angkor Resources Corp. has announced Cambodia, assays from its newest copper/gold license in western Cambodia, confirming a copper-gold porphyry system on the Thmei North prospect with similar results on Thmei South prospect.  The license is due west of Ratanakiri province and straddles two provinces, Oddar ...

The Royal Government of Cambodia had a total public debt of $9.47 billion as of September 2022, the Ministry of Economy and Finance said, affirming that the public debt remained at low risk. ...

Cambodia exported $8,217 million worth of products to the U.S. market in the first eleven months of this year. ...

In an attempt to improve food security in Cambodia, support and promote sustainable rural livelihoods, inclusive economic growth by improving livestock health and value chains, and the formal trade of livestock and livestock products, the Asian Development Bank (ADB) has approved a $62.9 million package, ...

Sixteen socio-economic development projects for Cambodia were approved at the 25th GMS Ministerial Conference (MC-25) held in Luang Prabang, Lao PDR, last week. ...

TAFTAC says the garment, footwear and travel goods sector needs assistance and an advisory group is urgently needed to help it rebound ...

In the first 10 months of 2022, Cambodia exported $1,658 million products to Japan – mostly sewing supplies, leather goods, bags and footwear – representing a 10.7 percent YOY increase ...

Three NGOs filed a complaint Monday to a Dutch government watchdog accusing social investor Oikocredit of failing to conduct due diligence by investing in Cambodian microfinance institutions (MFIs) whose lending practices have been linked to rights abuses. ...

Twenty-four (24) Australian Alumni in management positions from government, NGOs, and private sector have completed a short course in Executive Skills for Inclusive Development (Phase 2) recently. ...

Six Southeast Asian journalist organizations from five countries formed a regional partnership to combat increasing repression and deteriorating press freedom at a conference in Phnom Penh on Monday.  ...

As the temperature is starting to drop, the Ministry of Water Resources and Meteorology (MOWRAM) called on the public, especially soldiers and local people stationed and living at Dangrek mountain and northeastern highland areas as well as fishermen, to pay attention to cold weather. ...

The Securities and Exchange Regulator of Cambodia (SERC) entered into a memorandum of understanding (MoU) with Cambo Trust Plc to “enhance the implementation of the FinTech Regulatory Sandbox in the securities sector”. ...