MFIs Urged To Consider Moveable Assets As Loan Collateral

Moveable assets such as cars, motorbikes, agricultural machinery and crop stocks should also be considered as loan collateral by Cambodia’s microfinance institutions (MFIs), economic...

Government Offers SME Tax Breaks For Tax Compliance

Sweeping tax incentives are being offered by the Cambodian government to small- and medium-sized enterprises (SMEs) in an attempt to bring them into the...

Cambodia Ministry of Tourism announces new safety guidelines

In light of the COVID-19 pandemic and in the hope that tourism will bounce back soon in the Kingdon, the Cambodian Ministry of Tourism...

Cambodia Chamber Of Commerce To Branch Out Overseas

The Ministry of Commerce finalised a sub-decree on Friday to allow the Cambodia Chamber of Commerce (CCC) to set up representative offices overseas and...

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...

Fisheries Conservation Project Headed To Europe For Approval

The feasibility study on a promising fisheries-conservation project that will be financed by the European Union has been finished, and will now be presented...

Cambodia’s Total Borrowing Since 1993 Grows To $8.3 Billion

The government signed concessional loan agreements with development partners – both bilateral and multilateral – amounting to about $8.3 billion from 1993 to the...

Sea Festival Attracts 180,000 Visitors

During the weekend, Koh Kong welcomed 180,000 visitors coming to the province to attend the Sea Festival, which ended yesterday. Koh Kong tourism department director...

160,000 foreigners registered on the FPCS app

Nearly 160,000 foreigners from 183 countries living in Cambodia have registered their details on the FPCS (Foreigners Present in Cambodia System) app, confirmed the...

ANZ Royal Joins Banks In Offering Tax Payment Service

The signing on Friday of a memorandum of understanding (MoU) between the Ministry of Economy and Finance and ANZ Royal will see customers of...

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...

Electricity Grid Expansion Project Powers Up Provinces

People in Svay Rieng, Prey Veng and Kandal provinces are to benefit from stable electricity supplies after a $75 million project to expand the...

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...

Invest More In Processing Raw Materials, Says Hun Sen

Prime Minister Hun Sen called on investors to invest in the processing of raw materials to support the government’s 2015-2025 Industrial Development Policy (IDP). “The...

RDB To Request An Extra $50 Million To Beef Up Agriculture...

The Rural Development Bank (RDB), a state-own institution, plans to request an additional $50 million to beef up the government-led emergency fund for the...

Restrictions on business travellers to Cambodia set to ease

The Cambodian Royal Government has announced the loosening of travel restrictions to Cambodia under COVID-19, which makes it easier for business visa holders to...

Cambodia, Thailand Reach Tax Deal

Cambodia and Thailand yesterday agreed to seek more strategies to boost bilateral trade, cross border development and investment to achieve the target of $15...

Budget To Increase By 11.4 pct

The National Assembly yesterday unanimously approved the national budget for 2019, which will be 11.4 percent higher than this year’s, amounting to $6.7 billion. According...

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...

New Partnership To Boost Diplomats’ Tech Skills

Two state-owned institutes this week agreed to work together to train local diplomats in skills related to information and communications technology (ICT). The National Institute...

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...

Government To Incentivise Low-cost Housing Projects

As part of their new affordable housing policy, the government is calling on developers to submit proposals for low-cost housing projects under the promise...

Cambodia Construction Booming Amidst Warning Of Credit Bubble

Construction projects approved by Cambodia’s Ministry of Land Management, Urban Planning & Construction increased substantially in overall value during 2016 compared to the previous...

Employing Foreign Workers in Cambodia

The Ministry of Labour and Vocational Training issued a Prakas in August 2020 on Employing Foreign Workers in special circumstances which will allow businesses...

FAO-led Project To Boost Meat Quality In The Kingdom

A new partnership with the Food and Agriculture Organisation of the United Nations seeks to enhance the quality of local meat by modernising facilities...

Swedish Trade Deal Pursued By Cambodia

Cambodia is pushing Sweden to increase imports of its milled rice, with Prime Minister Hun Sen asking his Swedish counterpart Stefan Lofven at 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...

Solar Power Set To Shine In Bavet

Cambodia’s first large-scale solar power project is still in the trial testing stage, but is expected to be fully operational at the end of...

Government To Drop VAT On Agricultural Exports

Local firms will no longer be charged value-added tax (VAT) on exports of agricultural goods, Prime Minister Hun Sen announced Friday. The premier said dropping...

Cambodia Looks To Boost Infrastructure With AIIB Loan

The government is looking to address the current need for infrastructure development in Cambodia through the application of a loan next year from the...

Cambodia Wants US To Review Trade Deal

Cambodia has suggested that the US review its Generalised System of Preference for Duty-Free and Quota Free (GSP-DFQF), granted to the Kingdom as a...

FPCS to be enforced from July 2020

Foreigners must register on the FPCS (Foreigners Present in Cambodia System) app with failure to do so resulting in visas not being extended after...

GMAC Submits New Tariff Petition To US Regulators

Garment and footwear makers are set to submit today a petition to the government of the United States to give Cambodian footwear exports preferential...

Ministers Approve Draft Petroleum Law

The Council of Ministers on Friday approved a draft of the Law on Petroleum and Petroleum Production Management which aims to manage Cambodia’s oil...

Cambodia’s Trade Reforms Praised

Canada on Tuesday urged the Cambodian government to continue its reforms to facilitate trade and investment, particularly in the garment sector. Donica Pottie, the Canadian...

More Ministries integrate with Cambodian Government’s online Single Portal

The Ministry of Industry, Science, Technology and Innovation, and the General Department of Small and Medium Enterprises and Handicraft will both soon integrate their...

Cambodian Government Pushes For More Homegrown Vegetables

A move to stem the flow of an estimated $200 million per year on imports from neighbouring countries has been initiated by the Cambodian government...

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...

Dam in Sesan Begins Operations

The Lower Sesan II Dam, an $800 million project, was officially launched yesterday after more than four years of construction. The dam is Cambodia’s biggest...

Mobile Promotions Draw Warnings From Telecom Regulator

Mobile network operators were warned yesterday about engaging in a price war by the Telecommunication Regulator of Cambodia (TRC), after remarkable promotional packages were...

River Festival In Stung Treng To Help Boost Eco-Tourism

The government's third annual River Festival, which is being held in Stung Treng province next weekend, will form part of a strategy to attract...

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...

Dates Set For 2017 Sea Festival In Kep

The sixth Sea Festival will take place in Kep province from December 22 to 24, according to a government statement issued this week. The event,...

Uber Looking For Share Of Rides In Cambodian Market

A feasibility study on operating an app-based ride-sharing service in Cambodia is to be conducted by American transportation network giants Uber, with Commerce Minister...

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...

City Hall To Launch Water Taxi Service In Phnom Penh

A waterway passenger transport service via the Tonle Sap and Tonle Bassac rivers will be launched next year, bringing hopes of eased traffic congestion...

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...

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...

Ministry And German Aid Agency Launch SME Programme

The Ministry of Industry and Handicrafts and GIZ on Monday launched the Micro, Small and Medium Enterprises (MSME) Development Programme, a project that aims...

Telecom Regulator Calls End To Mobile Price War

The Telecommunication Regulator of Cambodia (TRC) has managed to get the majority of the Kingdom’s six mobile operators to agree to discontinue their recent...

Official: Silk Centre A Model Of Innovation In Development

This year’s celebrations for United Nations Day will be held at the silk research centre of the Royal University of Phnom Penh, with an...

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...

Ministry To Meet With Companies Over EBA Saga

The Ministry of Commerce is planning a meeting with public and private actors to discuss the revocation of the European Union’s Everything-but-arms (EBA) deal...

Phone Companies Pushed Harder To Register SIM Cards

Mobile phone operators will be hit by fines, suspension or even closure if they fail to register the identities of all of their users...

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...

Income Level Target Too Ambitious: WB

The World Bank yesterday advised Cambodian policymakers to allow more time for the country to become an upper-middle income economy, asking the government to...

Number Of Cambodian Tourists Going Out Going Up

Outbound tourism in Cambodia increased by 20 percent during 2016 compared to the previous year with around 1.4 million travelling outside the Kingdom, according...

Cambodia Import-Export Goods Exhibition 2020

The Cambodian Ministry of Commerce is urging business to participate in the upcoming Cambodia Import-Export Goods Exhibition which will be held from December 15-18,...

Cambodian Aqua Culturist Association (CAA) forms

This week, the Cambodian Aqua Culturist Association (CAA) was launched in Phnom Penh to promote the aquaculture sector in the Kingdom. Veng Sakhon, Minister...

HacKH The Crisis Cambodia

A group of local Cambodian companies are coming together for "HacKH The Crises" to come up with innovative solutions to combat the COVID-19 pandemic. The...

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...

Prime Minister Lauds China’s Key Role In Development Of Cambodia

Prime Minister Hun Sen said yesterday that China has been playing a critical role in contributing to the development of the Cambodian economy through...

Thousands To Flood Sihanoukville For 2016 Sea Festival

Cambodia’s southern coastal resort town of Sihanoukville is preparing to host the fifth annual Sea Festival from December 23-25, with authorities expecting around 200,000...

Cambodia To Host AMAF In 2020

Cambodia will be the host country for the 41st meeting of the Asean Ministers on Agriculture and Forestry (AMAF) in 2020, according to a...

Delay Loan Repayments For Rice Farmers, Asks PM

A slowdown in demand for paddy rice on the global market has seen prices drop in Cambodia, with Prime Minister Hun Sen calling on...

New Partnership To Advance Local Social Security System

The National Social Security Fund (NSSF) yesterday teamed up with a Philippine insurance provider to boost the quality of the local social security system. Under...

Cambodia’s First International Agriculture Expo In Pipeline

Santhai Import Export Company is planning the first international exhibition of agricultural products in Cambodia this year in collaboration with the Ministry of Agriculture,...

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...

Banks, Insurance Companies Must List In Stock Exchange

Securities industry insiders urged the National Bank of Cambodia (NBC) and Securities and Exchange Commission of Cambodia (SECC) to push for more banks and...

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...

Foreign Tourist Arrivals In Cambodia Up Over 12 Percent

Foreign tourist arrivals to Cambodia went up more than 12 percent in the first quarter of 2017, as the country ramped up efforts to...

Interior Ministry Proposes End To Fees For Public Documents

The Ministry of Interior have announced that fees on a range of government services, such as the issuing of birth certificates, marriage certification and...

Withdrawal Of EBA Could Spark Rating Downgrade, Experts Say

The cancellation of the Everything But Arms (EBA) scheme would severely affect trade, investor sentiment, and the overall economy followed by a possible sovereign...

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...

New Track For Battambang Bamboo Trains

A new track for the “nori”, also known as the bamboo train, will be built in Battambang province to keep alive the traditional tourist...

Labour Ministry Adds April For Foreigner Work Permit Registration

In a similar move to the one pulled recently by the General Department of Taxation, whereby they issued a last-minute month-long extension to their...

Draft Law To Help Protect Cambodian SMEs, Regulate Trade Flows

The Council of Ministers on Friday adopted a draft law on trade remedies to protect local producers, businesses, enterprises and foreign businesses operating in...

GDT Asks Citizens To Report Corruption

The General Department of Taxation (GDT) on Monday encouraged citizens and firms to file complaints against officials who demand additional money when collecting tax...

Cambodian Tax Rates 2020

The Cambodian Ministry of Economy and Finance has revised the tax rates for all business owners and employees in Cambodia in 2020. According to a...

Chinese New Year Sees More Cambodians Heading Abroad

Cambodia’s robust economic growth has afforded a marked increase in the number of locals travelling abroad during the three-day Chinese New Year festival this...

Law Institution To Open In Cambodia For Chinese Business Arbitration

With Chinese-Cambodian relations continuing to prosper and Chinese investments pouring in to the Kingdom, a China-ASEAN Law Cooperation Institution will be opened in Cambodia...

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...

How are Cambodian businesses affected by COVID-19?

COVID-19 has had an adverse effect on the entire globe, and in Cambodia, key industries have also taken a financial hit. A number of...

KrisEnergy Nears Agreement For First Offshore Oil Extraction

Terms have been settled between Singapore-listed energy firm KrisEnergy Ltd and the Cambodian government to pave the way towards a production-sharing agreement for the...

Cambodian National Information Technology Business Registration Platform

The Cambodian National Information Technology (IT) Business Registration Platform is set to launch in June 2020 according to the Ministry of Economy and Finance. Online...

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...

Tax Payment Goes Online

Continuing efforts to boost government tax revenue and facilitate business operations in the country, the General Department of Taxation yesterday launched its electronic payment...

Cambodia increases its solar-power generation

Cambodia increased its total solar-power generation to 150MW (megawatts) after a 60 MW solar farm owned by SchneiTec Renewable Co Ltd. was added to...

Government To Regulate Service Charges

In a bid to increase transparency between businesses and their customers in the tourism industry, the government has issued a directive regulating the use...

Tourist Numbers Increase Despite Angkor Ticket Hike

Revenue from ticket sales to foreign tourists visiting the Angkor Archaeological Park in Siem Reap reached $30.85 million, up  51 percent in the first...

Kampong Speu’s Palm Sugar To Earn GI Label In Upcoming Months

Kampong Speu province’s palm sugar will be recognised as a geographical indication (GI) in the European Union early next year, an official from the...

EU Funding For Fisheries Programme Confirmed

On Monday, European Union ambassador George Edgar confirmed funding for a $98 million project to support the local fisheries sector from 2019 to 2023. During...

Cambodia looks to secure multiple FTA deals

The Royal Cambodian Government is looking to secure a number of FTA (Free Trade Agreements) with China, India and Korea. Cambodia - China FTA The Free...

Cambodian Car Market 2020

The Cambodia General Department of Customs and Excise says the Kingdom imported 414,725 vehicles worth $634.98 million in the first half of 2020. What vehicles...

Ministries & Private Sector To Promote Ecotourism

The Ministry of Tourism yesterday agreed to create an inter-ministerial working group to promote eco-tourism. After approval of a draft national ecotourism policy, Tourism Minister...

Hun Sen Calls For East Timor To Be In World Trade...

Prime Minister Hun Sen yesterday called for East Timor to be made a member of the World Trade Organisation (WTO), so the country can...

Investments In Cambodia Are Safe And Secure, Says Premier

As Cambodia prepares to host the World Economic Forum on ASEAN in May, Prime Minister Hun Sen yesterday made a global call for more investment...

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...

Foreign Architects, Engineers Given Ultimatum

The Ministry of Land Management, Urban Planning and Construction plans to take drastic action, with possible deportation, against foreign architects and engineers who are...

Ministry Launches Online Platform For Trademark Registration

A new online trademark registration gateway allowing individuals and companies to register trademarks in Cambodia was launched yesterday by the Ministry of Commerce. Applicants can...
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