News
Road vehicle imports clock in at $977M
Cambodia imported road vehicles worth $977.4 million in the first 10 months of 2021, up by more than eight per cent from $901 million in January-October 2020, according to Ministry of Commerce data. ...
Hin Pisei
https://www.phnompenhpost.com/business/road-vehicle-imports-clock-977m
Car import values falls by more than 36% in 2020
The global Covid-19 pandemic caused the value of imported cars to Cambodia in 2020 to drop to nearly $1.1 billion, a decrease of more than 36 per cent compared to 2019, according to a report issued by the Ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/car-import-values-falls-more-36-2020
Vehicle import duty cuts proposed
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 ...
Thou Vireak
https://www.phnompenhpost.com/business/vehicle-import-duty-cuts-proposed
Car industry slumps by 30% as purchasing power wanes
The Kingdom’s vehicles business has seen a drop in both sales and imports by an estimated 30 percent because of the impact of COVID-19. Figures from the Ministry of Economy and Finance (MEF) shows that the COVID-19 crisis has caused the country’s imports to fall ...
Sorn Sarath
https://www.khmertimeskh.com/50770579/car-industry-slumps-by-30-as-purchasing-power-wanes/
