News

The government establishes a Special Tax Audit Unit to help taxpayers

Phnom Penh, Cambodia The Ministry of Economy and Finance has announced the formation of a Special Tax Audit Unit, designed to address taxpayer concerns more efficiently. This new unit, which holds departmental status, will operate under the General Department of Taxation’s jurisdiction. ...

Khmer Times Staff
https://www.khmertimeskh.com/501524123/the-government-establishes-a-special-tax-audit-unit-to-help-taxpayers/

Cambodia-China trade sees robust growth in the first half of 2024

Cambodia and China have witnessed a substantial increase in bilateral trade during the first half of 2024, according to an official report released on Wednesday by the General Department of Customs and Excise.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501522267/cambodia-china-trade-sees-robust-growth-in-the-first-half-of-2024/

GFT exports rise 17 percent in first half of 2024

Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...

Manoj Mathew
https://www.khmertimeskh.com/501521386/gft-exports-rise-17-percent-in-first-half-of-2024/

IMF trains Cambodian customs officers in investigation techniques

The International Monetary Fund (IMF) has provided investigation training for officers of the General Department of Customs and Excise (GDCE) of the Ministry of Economy and Finance. ...

Khmer Times Staff
https://www.khmertimeskh.com/501520510/imf-trains-cambodian-customs-officers-in-investigation-techniques/

Kingdom emerges biggest supplier of raw cashew nuts to Vietnam

Cambodia has knocked off Ivory Coast to become Vietnam’s biggest supplier of raw cashew nuts. Earlier it was the African nation that held the position. The General Department of Customs of Vietnam made the announcement on Saturday.   ...

​Jig​me​ ​Pal​d​e​n​P​a​z​o
https://www.khmertimeskh.com/501519482/kingdom-emerges-biggest-supplier-of-raw-cashew-nuts-to-vietnam/

Cambodia-Thailand trade surpasses $1.7 billion in first five months

Bilateral trade between Cambodia and Thailand crossed $1.7 billion in the first five months, an increase of 1.73 percent compared to the same period last year, said a report of the General Department of Customs and Excise of the Ministry of Commerce. ...

Mom Kunthear
https://www.khmertimeskh.com/501511502/cambodia-thailand-trade-surpasses-1-7-billion-in-first-five-months/

Cambodia records trade surplus with Vietnam

Cambodia has recorded a trade surplus with Vietnam in the first five months of 2024, making Vietnam the second biggest market for Cambodia’s products after the US. ...

Chea Vanyuth
https://www.khmertimeskh.com/501505080/cambodia-records-trade-surplus-with-vietnam/

Increased iron, steel imports hint at construction sector revival

Cambodia imported iron and steel worth close to $168 million in the first four months of 2024, the General Department of Customs and Excise (GDCE) reported recently. ...

James Whitehead
https://www.khmertimeskh.com/501504480/increased-iron-steel-imports-hint-at-construction-sector-revival/

Bicycle exports down 37 percent in Jan-May

Cambodia’s bicycle exports fell 37 percent year-on-year in the first five months this year, said a report of the General Department of Customs and Excise (GDCE). ...

Chea Vanyuth
https://www.khmertimeskh.com/501505084/bicycle-exports-down-37-percent-in-jan-may/

Cambodia’s GFT exports jump 20.69 percent

The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...

Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/

Import tax debate sparks furore in Tbong Khmum

Vendors in Tbong Khmum province’s Memot district are waiting for the return of hundreds of new and used mobile phones which were seized by local customs officials last week. ...

Niem Chheng
https://www.phnompenhpost.com/national/import-tax-debate-sparks-furore-in-tbong-khmum

GDCE workshop updates officials on e-payment

In an effort to ensure customs and excise officials are updated on the latest in payments, the National School of Customs, General Department of Customs and Excise of Cambodia (GDCE), on Monday organized a workshop. ...

Rachel David
https://www.khmertimeskh.com/501496412/gdce-workshop-updates-officials-on-e-payment/

Cambodia’s trade with Vietnam rises nearly 25%

Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...

Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/

Garment, footwear exports up 20% to $2.9B in Q1

Cambodia exported garment, footwear and travel goods worth 20 percent more than $2.9 billion in the first quarter, as per a report from the General Department of Customs and Excise. ...

Rachel David
https://www.khmertimeskh.com/501474747/garment-footwear-exports-up-20-to-2-9b-in-q1/

Kingdom’s export to EU up 11.9 percent in Q1

Cambodia exported $903 million worth of goods to the European Union (EU) up 11.9 percent from the $807 million in the same period last year, a report of the General Department of Customs and Excise revealed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501474745/kingdoms-export-to-eu-up-11-9-percent-in-q1/

Cambodia’s bicycle export down 43 pct in Q1

Cambodia’s bicycle export fell 43 percent year on year in the first quarter of 2024, said a General Department of Customs and Excise’s report on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501473617/cambodias-bicycle-export-down-43-pct-in-q1/

Stringent rules for meat importers soon, says GDCE

The General Department of Customs and Excise (GDCE) of Cambodia said that after a meeting with meat importers, it will be setting more stringent guidelines and conditions for those operating in this sector. ...

Rachel David
https://www.khmertimeskh.com/501470201/stringent-rules-for-meat-importers-soon-says-gdce/

Cambodia’s rubber article exports rise 90 percent

Cambodia earned $215 million from the exports of rubber articles in the first two months of this year, an increase of 90 percent compared to the same period last year, according to the latest trade data of the General Department of Customs and Excise (GDCE). ...

Manoj Mathew
https://www.khmertimeskh.com/501458804/cambodias-rubber-article-exports-rise-90-percent/

Bilateral trade with Thailand nearly $342M

Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m

US lead purchaser of Cambodian goods in January

The US emerged as the leading buyer of Cambodian exports in the first month of 2024, with purchases nearing $630 million, approximately a third of the country’s total exports to the global market, as reported by the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/us-lead-purchaser-of-cambodian-goods-in-january

Cambodia collects nearly $6 billion in taxes in 2023

Cambodia earned $5.9 billion in revenues from all kinds of taxes in 2023, a 3.9 percent decrease compared to $6.14 billion in 2022, as per an official report released on Friday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501442033/cambodia-collects-nearly-6-billion-in-taxes-in-2023/

Cambodia exports bicycles worth nearly $417 mln last year

Cambodia exported bicycles worth $416.7 million in 2023, a decrease of 53.6 percent from $899.7 million in a year earlier, said a General Department of Customs and Excise’s report on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424449/cambodia-exports-bicycles-worth-nearly-417-mln-last-year/

Cambodia imports oil products worth $2.17 bln in 2023

Cambodia’s imports of diesel fuel and petroleum oil declined by 7.6 percent in 2023, according to a report from the General Department of Customs and Excise on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423161/cambodia-imports-oil-products-worth-2-17-bln-in-2023/

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