H.E. Kong Vibol Discusses Cambodia’s New Taxation Law
At 'Tax Forum 2023', His Excellency Kong Vibol, Director-General of the General Department of Taxation (GDT), spoke with the press about several key tax-related...
Cambodia Welcomes the Return of the Ancestors
Cambodia has celebrated the return of 77 Khmer antiquities and ancient jewels that were looted and illegally exported during the country's civil war in...
Cambodia’s Digital Economic Plans
Between 2020-2021, the Cambodian Government has launched a number of digital economic initiatives, online platforms and its official digital plan for the Kingdoms' economic...
1Khmer B2B & B2C Exhibition Offered Platform For Business Networking
Engage Cambodia successfully organised the 1Khmer B2B & B2C Exhibition from September 22-24, 2023, at Olympia Mall in Phnom Penh. The event was supported...
Accreditation Of Environmental Impact Assessment Consultant Companies In Cambodia
For businesses looking to receive accreditation as Environmental Impact Assessment (EIA) consultants in Cambodia, the Cambodian Ministry of Environment (MoE) issued Prakas 08 in...
Cambodia Targetting Ambitious Processed Cashew And Export Growth
2023 saw Cambodia export 8.4 million tonnes of agricultural products, generating around USD $4.3 billion in revenue, with approximately USD $837 million generated from...
National Assembly Approves Draft Oil Management Law
The National Assembly yesterday approved the latest draft of the Law on Oil and Oil Production Management, a piece of legislation that has been...
Lacklustre Trading Debut In PAS Shares
The trading price of Sihanoukville Autonomous Port (PAS) has failed to live up to high expectations after its debut on the Cambodia Securities Exchange...
Government Issues Final Deadline To Register SIM Card Users
The government has set a new deadline for mobile network operators to have all their SIM cards properly registered.
July 1 will be the last...
National Bank Eases Measures To Bolster SME Support In Cambodia
The Royal Government of Cambodia and the National Bank of Cambodia (NBC) have pledged to continue easing certain precautionary measures to provide steadfast support...
Exploring Cambodia’s Potential As A Strategic Gateway To ASEAN
The 2024 Cambodia-ASEAN Business Summit, held on April 2, 2024, was organised by the Cambodia Chamber of Commerce and the ASEAN Business Advisory Council...
Cambodia 2022 Q1 Economic Report
With Q1 2022 wrapped, news on the various industries and economic sectors is being released by Ministries and local media. We review the data...
Future Bright For Solar Energy In Kep
The Ministry of Environment has announced its support for a new 10-megawatt solar power development project in Kep province to be spearheaded by the...
Sathapana Joins List Of Private Banks To Undergo Rebranding
Sathapana Bank Plc became the fourth major financial institution to announce a change to their company logo following last week’s directive from the Ministry...
CamTech Festival 2021
The Cambodian Association of Finance and Technology (CAFT) is hosting the CamTech Festival 2021 from November 8-12 and it will feature four key Cambodian...
Throwing Sand In One’s Own Rice Bowl
A year ago, the European Union offered Cambodia the option of using a unique Harmonised Systems Code (HS Code) for its Jasmine fragrant rice...
Kampong Chhnang To Host Next River Festival
Kampong Chhnang province will host the fifth iteration of the River Festival, which will take place during three days in March.
The event will feature...
A Look Ahead To Business in Cambodia 2022
With 2020-2021 so severely disrupted, we start looking ahead at 2022 and what changes could be on the horizon which could positively impact doing...
How to apply for Cambodian Family & Residence books, ID cards
The process for Cambodians and foreign nationals who hold Cambodian citizenship to renew and/or apply for Family and Residence books, as well as Cambodian...
Obtaining a Work Permit in Cambodia
The Cambodian Department of Immigration (part of the Ministry of Interior) ensures all foreign nationals obtain an official work permit/employment card to be eligible...
Cambodia Unveils EnergyTech Roadmap To Achieve Energy Security And Sustainable Development
The Ministry of Industry, Science, Technology, and Innovation (MISTI) of Cambodia released its 2023 Energy Tech Roadmap. This policy document aims to navigate the...
Cambodia launches E-Commerce Strategy
The Cambodian Ministry of Commerce has officially launched its E-commerce strategy on 25th November 2020.
Minister Pan Sorasak said at the launch that the policy...
Pinnacle Excellence Business Awards – Cambodia & India Business Opportunities
The Pinnacle Excellence Business Awards recognised 70 years of diplomatic relations between India and Cambodia in 2023 as well as the businesses operating between...
Cambodia’s Rubber Exports To Face New EUDR Legislation
The impending EU Deforestation Regulation (EUDR) is set to have a significant impact on the Cambodian and Southeast Asian rubber export industry when they...
Tax Insight: Amendments That Will Impact Your Business In 2017
The Law of Financial Management 2017 contains a number of amendments to the Law on Taxation set to take effect this month. With the help...
What Are The Determining Factors For European Investment Into Cambodia?
A survey report released in January 2024 titled “Cambodia's Attractiveness For EU Foreign Direct Investments”, conducted by ARISE Plus Cambodia and the German Agency...
Cambodia’s Casinos in 2020
We look at the state of the casino industry in Cambodia in 2020 as the global pandemic affects all industries globally.
At least ten casinos...
Gov’t And Transport Representatives Discuss Issues Affecting Industry
Newly-appointed transportation minister Sun Chanthol met with representatives of the three biggest transportation bodies - CAMTA, CamFFA and CAMBA -, as well as with...
Cambodia Ends ‘Roll-Over Sunday’ Public Holidays
The Minister of Labour and Vocational Training has confirmed that public holidays that fall on a Sunday, will no longer be carried over to...
Cambodia, Thailand Railway Link Nearing Completion
Cambodia’s railway link to Thailand is hoped to be completed by the end of this year, according to Minister of Public Works and Transportation...
Cambodia Records Total Tax Revenue Of Nearly $6 Billion In 2023
Cambodia collected nearly USD $6 billion in total tax revenue in 2023, including a total reported tax revenue of USD $2.28 billion from the...
Annual Cambodia Climate Change Summit To Return In November
The Cambodia Climate Change Summit 2023 (CCCS23) will take place from 2-3 November at the Borei Angkor Hotel in Siem Reap, bringing together key...
“Go Digital Cambodia” Website Launched To Promote Digital Inclusivity
The Ministry of Posts and Telecommunications launched the “Go Digital Cambodia” website as part of Cambodia's future digital government policy and to promote digital...
Government Issues Regulation On Taxing Oil Production Operations
The Ministry of Economy and Finance issued a sub-decree this week detailing taxation requirements for oil production operations in the Kingdom.
Sub-decree number 52, signed...
Cambodian Customs Revenue Up Despite ASEAN Trade Tax Losses
An increase in Cambodia's annual customs revenues has been reported even though $150 million was lost in tax last year due to the ASEAN Free...
Ministry of Tourism waives licence renewal fees 2021
The Cambodian Ministry of Tourism (MoT) confirmed it would waive licence renewal fees for 2021 to assist the struggling tourist industry, however, new business...
Cost Of New Bank Service Tax May Be Passed On To...
A prakas issued by the Ministry of Economy and Finance on May 25, that more clearly defines the government’s laws for nontaxable supplies of...
International Trade In Cambodia Reaches Almost USD $32 Billion In 2023
In the first eight months of 2023, Cambodia’s international trade volume amounted to almost USD $32 billion, according to the latest figures released by...
Small businesses urged to apply for tax incentives
The General Department of Taxation is calling on small and medium-sized enterprise operating in a number of prioritised industries to apply for tax incentives...
New Vietnam Gambling Program Set To Hurt Cambodian Casinos
The already struggling casinos in the Cambodian border town of Bavet have been struck by another unfortunate outcome after Vietnam announced its decision to...
Cautious Praise For Pension Scheme
While some in the business community have welcomed a government plan to launch a pension scheme for the private sector next year, a leading...
Cambodia Inks Deal With IFC To Develop New Sihanoukvlle Logistics Hub
The Cambodian Ministry of Public Works and Transport has established a public-private partnership (PPP) for a logistics complex in Sihanoukville province and signed a...
Cambodia Post resumes international deliveries
Cambodia Post announced this week that it had resumed international delivery services, after suspending the services in April 2020 due to the ongoing pandemic.
In...
Opportunities And Barriers In Cambodia’s Solar Market
by Adolfo Perez-Gascon
“If countries here adopt clean energy, and they do it the right way, there’s hope for the world,” says Ken Bradley, a...
Hungary Offers Boost For Battambang Tourism
The development of Battambang province into a cultural heritage site will receive technical assistance from the Hungarian government, according to the Ministry of Tourism.
“Government...
Japanese Investors Eye The Cambodian Market
A group of Japanese investors are now visiting Cambodia in search of business opportunities in manufacturing and the service sector.
Ith Sam Heng, the Minister...
Cambodia’s Inaugural SME Park Set For Kandal Province
WorldBridge International (Cambodia) revealed plans on Friday to build the Kingdom’s first industrial park for small and medium-sized enterprises in Kandal province, following the...
Unleashing ASEAN’s Potential: Highlights From The Cambodia-ASEAN Business Summit 2024
The Cambodia-ASEAN Business Summit 2024 was held on April 2 at the Sofitel Phnom Penh Phokeethra, jointly organised by the Cambodia Chamber of Commerce...
Khmer New Year Holiday Sees Record Tourist Numbers
Cambodia’s top tourist destinations recorded a record number of visitors this Khmer New Year, with 2.5 million locals and foreigners traveling to celebrate the...
Prime Minister Pushes For Fresh Supply Of Produce For Tourists
Prime Minister Hun Sen called for a Green Belt to be established at the country’s main tourist areas to supply holiday-makers with locally produced...
Data automation system links GDT and GDCE
The Cambodian General Department of Taxation (GDT) and General Department of Customs and Excise (GDCE) launched their data automation system which is intended to...
Business Guide: Obtaining a Driving License Cambodia
According to the Land Traffic Law, if you are driving any motorised vehicle in the Kingdom, you are required to carry with you a...
Increased Cambodia Passenger Service & Aviation Fees To Come Into Effect
The Cambodian government has approved the increase of passenger service charges and other airport levies from September 2023 until 2028 from the airports operating...
Cambodia’s Path To Economic Formalisation
The UN Development Programme (UNDP) and the International Labour Organisation (ILO) have jointly released a comprehensive report titled 'Understanding the Paths to Formalisation in...
US Companies Eye ‘Enormous’ Potential Of Local Agriculture
A group of leading US firms invited by the US Embassy is now in Phnom Penh exploring investment opportunities in Cambodia’s agriculture sector.
The group...
Cambodia Financial Technology Development Policy 2023-2028 – What To Know...
The Royal Government of Cambodia released the Cambodia Financial Technology Development Policy 2023-2028 in October 2023 - so what should you know about the...
25 Capital-Provincial Investment Sub-Committees Launched
25 Capital-Provincial Investment Sub-Committees (CPISC) have been launched in Cambodia to help decide on private investment and resolve disputes related to investment projects to...
Overview Of Cambodia’s Cross Border QR Payments With Vietnam, Thailand, Laos,...
As 2023 draws to a close, B2B Cambodia reviews the advancements made by the National Bank of Cambodia (NBC) in cross-border Quick Response (QR)...
Key Takeaways – New Tax Incentives Announced At 19th Cambodian Government-Private...
Several new tax incentives were announced on November 13th 2023, following the 19th Cambodian Government-Private Sector Forum (G-PSF) held at the Peace Palace in...
British Prime Minister’s Trade Envoy Visit To Cambodia – Two-Way Opportunities
Dominic Williams, the current British Ambassador to Cambodia, has been escorting the British Prime Minister’s Trade Envoy Heather Wheeler MP on a second visit to...
Vietjet Launches Siem Reap-Hanoi Route; VinGroup’s Taxi Plan Draws Controversy
Vietnam's leading airline, Vietjet Air, is officially inaugurating a new route connecting Hanoi and Siem Reap. The announcement of the new route coincided with...
Cambodia To Host 2018 China-ASEAN Expo
Cambodia will host the 15th China-ASEAN Expo next year to showcase business opportunities in the regional grouping and also to attract more investment and...
Cambodian Antitrust and Competition draft law near approval
The Cambodian Ministry of Commerce says the government will finalise a draft law on Antitrust and Competition, and submit it to the National Assembly...
Chemical Analysis Systems To Increase Food Safety
Local produce can now be checked for pesticide residue using the technique known as chromatography–mass spectrometry (LC-MS) after the Ministry of Agriculture acquired LCMS...
ASEAN’s Digital Economy Growth Could Further Increase Cambodian Revenues
During the 2023 ASEAN Investment Forum (AIF) in Jakarta, held at the start of September, it was announced that the region's digital economy is...
Ministry To Protect Sihanoukville Beach Areas From Development
The Ministry of Tourism offered a ray of sunshine to beachgoers by revealing measures to make some areas of beaches in the southern coastal...
MLVT issues notice on updating employees contact numbers
The Ministry of Labour and Vocational Training (MLVT) has issued notification 009/20 on the 'Requirements for Updating Contact Phone Numbers of Employees'.
A number of...
Tariffs Dropped To Help Pick Up Trade With Vietnam
In an effort to improve bilateral trade between Cambodia and Vietnam, the import tariffs on dozens of products have been dropped.
A memorandum of understanding...
ASEAN Members Agree To Slash Tariffs On Trade Products
Experts yesterday welcomed recent moves by ASEAN members to agree to cut 90 percent of tariffs in the Regional Comprehensive Economic Partnership (RCEP) for between...
Prime Minister Says No To Seaweed Plantations
Prime Minister Hun Sen yesterday said he has rejected proposals for investment in seaweed plantations in Preah Sihanouk and Kep provinces.
Speaking at the National...
KrisEnergy All Set To Ink Extraction Agreement
The Cambodian government and KrisEnergy, a Singapore-listed oil and gas firm, are set to sign a petroleum agreement this month to pave the way...
Cambodian Products Chasing GI Status From The EU
Four Cambodian products could join Kampot pepper in receiving geographical indication (GI) status from the EU, the Ministry of Commerce revealed on Tuesday.
Kampot salt,...
Over $1bn Invested In Local Infrastructure
Cambodia has invested more than $1 billion on infrastructure, especially transport, a senior official at the Ministry of Economy and Finance says.
The figure represents...
Cambodia And Thailand To Increase Cross-Border Vehicle Quota
The daily limit of licensed vehicles permitted to cross the border between Cambodia and Thailand is to significantly increase from the current 40 each...
Cambodia, Azerbaijan To Sign Agreement To Boost Tourism
A memorandum of understanding (MoU) is to be signed between Cambodia and Azerbaijan to help foster cooperation in tourism and boost the flow of...
Digitalisation Must Be A Priority For Businesses: Ministry
The Ministry of Posts and Telecomm-unications yesterday urged government bodies and companies operating in Cambodia to redouble efforts to digitalise processes and embrace the...
Thalias Hospitality Group Celebrates Grand Opening Of The Santipheap Food Court
On January 25, 2024, Thalias Hospitality Group celebrated the grand official opening of the Santipheap Food Court, located on the top of the General...
National Road 6 Officially In Service
Following the completion in July of the section stretching from Siem Reap to Kampong Cham province, National Road 6 was officially inaugurated yesterday in...
MEF Releases Guidelines For VAT On Imported Cigarettes
The Cambodia Ministry of Economy and Finance (MEF) has released guidelines on the application of value-added tax (VAT) on imported cigarettes for domestic sales...
Opening Ceremony For RMA Cambodia’s Inaugural Business Partners Expo 2024
RMA Cambodia Plc. held the opening ceremony for its inaugural 'RMA Cambodia Plc. and Business Partners Expo 2024' on the morning of April 8...
Food And Utilities Pushed Up Inflation In June Says Report
According to latest data from the National Bank of Cambodia (NBC), the country’s Consumer Price Index (CPI) stood at 2.34 in June last year...
No Pchum Ben Price Hikes, Says Minister
The government yesterday called on tourism service providers nationwide not to increase their prices during the upcoming Pchum Ben holidays.
The directive issued through the...
Cambodia to encourage use of .KH domain name registrations?
The Cambodian Ministry of Posts and Telecommunications is looking to encourage and manage the national (.kh) domain name registrations in the Kingdom through a...
Malys Angkor Crowned World’s Best Rice
Cambodian premium fragrant rice, Malys Angkor, won the World’s Best Rice award – the fourth achievement it earned for Cambodia, after landing second in...
First Tax Service Agent Licences Granted By Government
The Cambodian government made another significant step towards the professionalisation of its tax industry yesterday by issuing 43 tax service agent licenses to individuals...
Minimum Wage In Cambodia To Increase To $204 In 2024
Starting from January 1, 2024, the minimum wage in Cambodia will increase to USD $204, marking a rise of USD $4.
This announcement was made...
Deadline Looming To Submit Foreign Worker Quota Requests
If you are the owner or director of a company in Cambodia and you wish to employ foreigners for more than a tenth of...
Cambodia-China University Of Technology And Science Launched
The Cambodia-China University of Technology and Science, known as CamTech, was officially inaugurated aiming to offer individuals in Cambodia access to high-quality tertiary education...
Chinese Firm Plans Hotels Boost In Cambodia
China-based Shenzhen Win-Win Decoration and Designing plans to build 100 budget hotels in Cambodia to capitalise on the growth in tourism, especially from the...
Cambodia financial semi-annual 2020 Review
A number of financial reports have been released for the Kingdom of Cambodia for the first half of 2020. We review the latest data...
Cambodian Insurance Brokers Association – Trust and Digitalisation Are Key For...
The Cambodian Insurance Brokers Association held its first AGM in 2023 and saw over 120 participants from the insurance industry attend the event.
In attendance...
Chinese Firms To Set Up Mega Water Plant
Chinese companies based in Shanghai have revealed ambitious plans to establish the first-ever mega industrial plant producing clean water in Cambodia, aiming to help...
What Is Cambodia’s New Pentagonal Strategy?
On August 24, 2023, the Royal Government of Cambodia unveiled the ‘Pentagonal Strategy - Phase 1’, aimed at fostering economic growth, job creation, equity,...
Cambodia Looks To Put Waste To Cross-border Trade Papers
Cambodia’s upcoming E-commerce Law, once fully adopted, will herald the implementation of cross-border paperless trade, the Ministry of Commerce’s under-secretary of state Sok Sopheak...
PM Asks Japan To Help With Phnom Penh Skytrain
The Japanese government has agreed to conduct a feasibility study on constructing a skytrain from the city centre to the Phnom Penh International Airport...
Working With Cambodia’s Numerous Official Public Holidays
Like it or not, Cambodia is one of the most festive places on Earth, with over two dozen public holidays every year. In 2017,...
Vaccinated Tourists in Q4 2021?
Cambodian Tourism Minister Thong Khon is reported to have said that vaccinated foreign tourists may be exempt from undergoing the 14-day quarantine upon arrival...
Cambodia Science, Technology & Innovation Are Essential For Growth & Development
The 2nd National Day of Science, Technology & Innovation (STI Day 2024) was held at the Koh Pich Convention and Exhibition Centre in...
A Third Cambodian Expressway Feasibility Study Ordered
Following on from the success and associated economic and tourism benefits of the Phnom Penh-Sihanoukville (PPSHV) Expressway which has since been followed up by...
Oknha Tan Khee Meng, President Of The MBCC, Shares Key Takeaways...
Cambodian Prime Minister, Hun Manet, paid an official visit to Malaysia on February 27, 2024, during which he presided over the Cambodia-Malaysia Business Forum...
