News

Cambodia reaffirms commitment to origin of goods rules

The Cambodian government has reiterated its commitment to the transparent implementation of origin rules, particularly concerning exports to the US market. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-reaffirms-commitment-to-origin-of-goods-rules

UK ambassador highlights need for ‘predictable, efficient’ tax system

British ambassador to Cambodia Dominic Williams has highlighted the crucial role an effective taxation system will play in supporting Cambodia’s economic growth, particularly as the country looks ahead to its Vision 2050. ...

Hong Raksmey
https://www.phnompenhpost.com/business/uk-ambassador-highlights-need-for-predictable-efficient-tax-system

WTO sees Cambodia as on ‘right path’ to LDC graduation

Minister of Commerce Cham Nimul has described Cambodia’s 3rd Trade Policy Review (TPR) as “an excellent opportunity for Cambodia to showcase its recent progress on policies, implementation and commitments made as a member of the World Trade Organization (WTO)”. ...

Hin Pisei
https://www.phnompenhpost.com/business/wto-sees-cambodia-as-on-right-path-to-ldc-graduation

UNDP support EU-friendly ‘green transition’, ahead of LDC graduation

Cambodia is taking steps to align its trade practices with stringent European Union (EU) green standards as it prepares for its transition from Least Developed Country (LDC) status in 2029. ...

Hong Raksmey
https://www.phnompenhpost.com/business/undp-support-eu-friendly-green-transition-ahead-of-ldc-graduation

Cambodia’s loss of LDC status will bring challenges: World Bank

As Cambodia continues its upward trajectory towards becoming a lower-middle-income country, it will face even greater challenges in reducing high levels of poverty as the Kingdom loses its preferential trade privileges and donor funding dries up, according to a new World Bank report. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/cambodias-loss-ldc-status-will-bring-challenges-world-bank

EU: seek other rice markets

Cambodia’s rice industry has been advised by the European Union (EU) to seek other markets and not just concentrate its exports to Europe, as it moves from a low-income country in its least developed country (LDC) status to a lower-middle income nation, amid calls to ...

May Kunmakara
http://www.khmertimeskh.com/news/27318/eu--seek-other-rice-markets/

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