Economy and commerce

Outcomes of the meeting between the ministers on Friday, July 09, 2021

On July 9 2021, the Council of Ministers, in collaboration with the Ministry of Posts and Telecommunications, hosted a meeting via the online system (Zoom) with Samdech Hun Sen, Cambodian Prime Minister, to review and discuss:Draft Law on Investment in Cambodia.Draft Law on Amendment Article ...

Office of the Council of Ministers

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Promotion the value of the riel

On July 08 2021, the National Bank of Cambodia issued a press release to encourage the public use of online payment and riel.Riel has played a crucial role in sustainable and trusted economy and society that serves the interest of Cambodian at all levels and ...

National Bank of Cambodia

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EuroCham congratulates the Royal Government of Cambodia on approval of the Draft Law on Investment

On 09 July 2021, the EuroCham Cambodia posted a press release on its official Facebook page to congrats the Royal Government of Cambodia for having approved the Draft Law on Investment during a Council of Minister’s Meeting virtually.EuroCham applauded this exciting development, which will significantly ...

EuroCham Cambodia

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Announcement on issuing authorization to representatives or agents for business registration

On 5 July 2021, the Ministry of Commerce issued an announcement authorizing representatives or agents recognized by the ministry for business registration, whether in the form of a company or partnership. This option is available for businesses that prefer not to register themselves through the ...

Ministry of Commerce

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Announcement: Normal operation of banking and microfinance services in the Kingdom of Cambodia

On 23 April 2021, the Association of Banks in Cambodia released an announcement on the normal operation of banking and microfinance services in the Kingdom of Cambodia. Some microfinances and banking agents in the lockdown areas are also in the operation of providing financial services ...

Association of Banks in Cambodia

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GMAC: Appeal to owners/directors of GMAC factory members

On 22 April 2021, the Garment Manufacturers Association in Cambodia (GMAC) issued an appeal to all owners/directors of GMAC factory members in the lockdown regions to kindly consider a certain amount of cash allowances to employees aim to facilitate the daily livelihood of vulnerable workers. ...

Garment Manufacturers Association in Cambodia (GMAC)

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Announcement on the launching of the Ministry of Commerce's online market to sell the essential foods and groceries to people living in the Red Zones

On 21 April 2021, the Ministry of Commerce released an announcement on the launching of the Ministry of Commerce’s online market to sell essential foods and groceries to people living in the red areas during the transmission of the COVID-19 pandemic. ...

Ministry of Commerce

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Announcement on the encouragement to use electronic services

On 20 April 2021, the National Bank of Cambodia released an announcement on the encouragement to use electronic services aims to take efforts to prevent the serious spreading of COVID-19 in the community through reducing the usage of banknotes. ...

National Bank of Cambodia

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Announcement on the requirements to apply “entry-exit permit” for factories, enterprises, and handicrafts

On 15 April 2021, the Ministry of Labour and Vocational Training released an announcement on the requirements for documents and places to apply for “entry-exit permit” for factories, enterprises, and handicrafts that are allowed to operate during the implementation of the temporary lockdown measures in ...

Ministry of Labour and Vocational Training

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Additional statement: An updated version of banking and financial institutions intervention measures for clients affected by COVID-19

On 12 April 2021, the Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) issued an additional statement on the updated version of banking and financial institutions intervention measures to further support and favor clients who are affected by COVID-19. ...

Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA)

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Joint statement: Suspension on loan repayments and interest accrual to help Cambodian borrowers

On 06 April 2021, Cambodian Youth Network and civil society groups issued a joint statement requesting the Royal Government to directly introduce measures to all microfinance institutions (MFI) and banks to suspend all loan repayments and interest accrual for at least three months in order ...

Cambodian Youth Network

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Announcement on the coordination to promote bilateral trade between the Government of the Kingdom of Cambodia and the Government of the Socialist Republic of Vietnam in 2019-2020 for implementation in 2021-2022

On 25 March 2021, the Ministry of Commerce issued an announcement on the coordination to promote bilateral trade between the Government of the Kingdom of Cambodia and the Government of the Socialist Republic of Vietnam in 2019-2020 for implementation in 2021-2022. Through the bilateral trade, ...

Ministry of Commerce

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Press release on the proposed "Angkor Lake of Wonder" development project

On 23 March 2021, the Ministry of Culture and Fine Arts issued a press release on the proposed “Angkor Lake of Wonder” development project that was raised by the Naga Group. This project was agreed by the Ministry of Culture and Fine Arts with the ...

Ministry of Culture and Fine Arts

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Joint statement on the outcome of the meeting on real estate issues in Cambodia

On 22 March 2021, the Ministry of Economy and Finance and the National Bank of Cambodia issued a joint statement on the outcome of the meeting on real estate issues in Cambodia which aims to address the real estate sector challenges in the context of ...

Ministry of Economy and Finance & National Bank of Cambodia

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Announcement on the payment of property tax on mobile phones via “GDT Taxpayer App”

On 11 March 2021, the General Department of Taxation released an announcement informing the payment of property tax on mobile phones via the “GDT Taxpayer App” which aims to ensure the efficiency and transparency of revenue collection management, as well as to make it easier, ...

General Department of Taxation

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Announcement on the international investment and trade exhibition

On 23 February 2021, the Ministry of Commerce released an announcement on the international investment and trade exhibition, organized by the Shanghai Cooperation Organization in cooperating with the China International Chamber of Commerce which will take place from 27-29 April 2021. This fair aims to ...

Ministry of Commerce

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Announcement on the adjustment of the special tax rate on some certain cars

On 16 February 2021, the General Department of Customs and Excise of Cambodia released an announcement on the adjustment of the reduction of the special tax rate for some certain cars that will come into effect from 01 March 2021 onwards. ...

General Department of Customs and Excise

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Press release in response to the confirmation on the suspension of the importation of 4 types of fish

On 08 February 2021, the Ministry of Agriculture Forestry and Fisheries issued a press release responding to the press release dated 8 January 2021 on the confirmation on the suspension of the importation of 4 types of fish including Pangasius Krempfi, Spot Pangasius, Catfish, and ...

Ministry of Agriculture Forestry and Fisheries

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Announcment on the conclusion of the negotiations for free trade agreement between the Kingdom of Cambodia and the Republic of Korea

On 03 February 2021, the Ministry of Commerce issued a press release announcing the conclusion of the negotiations for the free trade agreement between the Kingdom of Cambodia and the Republic of Korea. On this occasion, His Excellency Pan Sorsak, Minister of Commerce of the ...

Ministry of Commerce

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Announcement on the outcomes of the 2nd meeting of the SME Promotion Policy Committee

On 21 January 2021, the Office of the Council of Ministers issued an announcement on the outcomes of the 2nd meeting of the SME Promotion Policy Committee, wherein the government approved the definition of SMEs and the elimination of overlapping procedures between ministries and institutions. ...

Office of the Council of Ministers

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Press release on asian producer associations joining forces for better purchasing practices in the textile and garment industry

On 18 January 2021, Garment Manufacturers Association in Cambodia (GMAC) issued a press release on the Asian producer associations joining forces for better purchasing practices in the textile and garment industry. The representative of the STAR Network, the first inter-Asian Network of Producer Association of ...

Garment Manufacturers Association in Cambodia (GMAC)

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Announcement: GMAC's notice on expiration of US GSP program to all travel goods factories in Cambodia

On 06 January 2021, Garment Manufacturers Association in Cambodia (GMAC) issued an announcement noticing the expiration of the US GSP program to all travel goods factories in Cambodia. The notice is given that the US GSP Program expired on 31 December 2020 due to delayed adoption ...

Garment Manufacturers Association in Cambodia (GMAC)

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Press release: New E-commerce grants, training set to boost cambodia’s small and medium enterprises

On 28 December 2020, the Ministry of Commerce issued a press release on new E-commerce grants and training set to boost Cambodia’s small and medium enterprises. So far, 125 small and medium enterprises are set to gain grants and training in online commerce through a ...

Ministry of Commerce

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Announcement on UK's Generalized Scheme of Preferences to developing and least developed countries

On 24 December 2020, the Ministry of Commerce issued an announcement on the UK’s Generalized Scheme of Preferences for developing and least developed countries. With this, the Ministry advised producers or exporters in Cambodia to apply for the Certificate of Origin Form A (CO Form ...

Ministry of Commerce

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