News
Number of factories ticks up
Although economic hangovers persisted from 2020 – widely regarded as the worst year for Cambodia’s economic growth in more than two decades – the number of large-scale factories in operation managed to avoid slipping into a downtrend throughout 2021, according to Minister of Industry, Science, ...
Hin Pisei
https://www.phnompenhpost.com/business/number-factories-ticks
Regional free trade deals ‘key to Cambodian and ASEAN success’
Foreign investors and independent credit evaluators are echoing confidence in Cambodia in light of the series of free trade agreements (FTAs) both completed and being pursued by the Kingdom’s government. According to the ASEAN Briefing (AB), such FTAs could see the region become the world’s ...
Tom Starkey
https://www.khmertimeskh.com/50809206/regional-free-trade-deals-key-to-cambodian-and-asean-success/
Tariff cuts slash $150M from revenue
Trade liberalisation under the ASEAN Free Trade Agreement (AFTA) cost Cambodia $150 million in lost tariff revenue last year, with the losses projected to climb further in the coming years as the Kingdom phases out tariffs on goods originating within the 10-member economic bloc, a ...
Hor Kimsay
http://www.phnompenhpost.com/business/tariff-cuts-slash-150m-revenue
