Ministry Inspections Aim To Cut Out Dishonest Cambodian Jewellers
Gemstone and jewellery sellers in Cambodia will have their activities more actively regulated by the Ministry of Commerce in a move to strengthen transparency...
NagaWorld first Cambodian casino to re-open.
After a flurry of Cambodian government announcements in the past week on easing restrictions in the Kingdom of Cambodia due to the COVID-19 pandemic,...
Cambodia launches Financial Management Information System (FMIS)
The Kingdom of Cambodia has launched a new Financial Management Information System (FMIS), which together with a tax data management system, intends to streamline...
“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...
Cambodia Looks To Expand Exports By Courting Eurasian States
Cambodia is aiming to diversify its exports after signing an agreement with the Eurasian Economic Commission (EEC) yesterday, following the first session of a...
Minister Issues Warning On Festive Price Hikes
The Minister of Tourism has threatened to fine and withdraw the licenses of business owners who do not display the price of goods and...
Chinese Chamber of Commerce Opens Office in Phnom Penh
The Chinese Chamber of Commerce has opened an office in the new Flatiron building in the capital of Phnom Penh.
The office fully opened on...
Investment Law To Be Revised
The government is gathering input from the private sector and development partners to amend the country’s Investment Law and make the country a more...
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...
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...
Commune Elections Alcohol Ban Met With Resistance
In an effort to avoid civil unrest during the upcoming commune elections, Prime Minister Hun Sen last Friday issued a government directive banning the...
Cambodia seeking to increase trade and investment with Australia
The Cambodia Chamber of Commerce (CCC) and the Australian Embassy in Phnom Penh pledged to "promote trade and investment between the two countries" it...
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...
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...
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...
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...
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...
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...
Government To Intervene In Rice Sector
The government, with a budget of $50 million for emergency loans and $30 million for building silos and warehouses, will intervene to stabilise rice...
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...
Cambodian Treasures Foundation – The Importance of Returning Stolen Cambodian Antiquities...
B2B Cambodia spoke with Bradley Gordon & Steven Heimberg at the recent 2023 AmCham AGM which was also the Charity Gala Dinner to raise...
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...
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...
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...
Trade With US Normal, Claims Ministry
Despite a diplomatic row with the United States, the trade relationship between Cambodia and the US remains normal, the Ministry of Commerce’s spokesperson claimed...
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...
Francophone States Must Work Together: Minister
The Minister of Commerce on Monday urged member estates of the International Organisation of La Francophonie (OIF), particularly less developed economies, to work together...
Cambodian Business Registrations Dropped in 2020
The Cambodian Ministry of Commerce has reported that the number of businesses registered in the Kingdom dropped by nearly 41 per cent in 2020.
In...
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...
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...
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...
Gov’t Aid To Drought Victims Underway
The government announced yesterday a set of strategies to help farmers hit by the severe drought affecting Cambodia.
According to governmental sources, the water shortage,...
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...
WTO Trade Pact Poised To Boost Cambodian Exports
The US Ambassador has urged the Cambodian government to improve customs procedures and reduce bureaucracy to make the most of the World Trade Organisation’s...
Private Sector Struck By Electricity Costs, Say Industry Leaders
The high cost of electricity is draining the competitiveness of the private sector, industry leaders said during the Cambodia International Business Summit yesterday, while...
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...
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...
Talks Aim To Boost Trade Between Cambodia And Russia
Cambodia and Russia have initiated talks on how to increase bilateral trade of agriculture, garments, and oil, following a deal struck last May between...
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...
Investment Promotion Conference 2023: Promoting Sustainable Economic & Social Development
The ‘Investment Promotion Conference 2023’ was organised by the German Agency for International Cooperation (GIZ) and the Council for the Development of Cambodia (CDC)...
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...
Funan Techo Canal Approved To Link Bassac and Kep
The canal project was first mentioned at the recent Transport & Logistics Forum 2023 and now has received Cambodian cabinet approval for the construction of...
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...
Credit Bureau Cambodia (CBC) Commits USD 1 million to promote financial...
On 24 December 2021, Credit Bureau Cambodia (CBC) has announced a commitment of USD 1 million in support of the National Financial Inclusion Strategy...
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...
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...
International investors to have eased travel restrictions to Cambodia?
The SCCA (State Secretariat of Civil Aviation) this week announced that quarantine measures could be less severe for potential investors, technical experts and consultants...
Transport & Logistics Forum 2023 – Key Lessons For Cambodia’s Development...
Eurocham organised the Transport & Logistics Forum 2023 in April 2023 which featured Cambodian Minister of Public Works & Transport, H.E. Sun Chanthol, presenting...
The Grand Online Shopping Fest 2021 – Cambodia
The Cambodian Ministry of Post and Telecommunications is set to host “The Grand Online Shopping Fest” from September 17-19 2021.
The festival, held in collaboration...
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...
Cambodia’s GDT close to 2020 collection target
Cambodia's General Department of Taxation (GDT), confirmed this week that it had collected 95 per cent of its annual revenue collection target for 2020,...
National Grid To Reach All Provinces Next Year
The government says it plans to have all 24 provinces in the country connected to the national grid by 2020.
Five provinces still lack access...
Phnom Penh Lockdown Restrictions Reduced May 2021
The lockdown restrictions were eased in Phnom Penh as the Municipal Administration issued guidelines for the period from May 6 until May 12, 2021.
The...
Cambodia 2022 Economic Census Starts March 1st
Today is the first day of the Cambodia 2022 Economic Census, with the Ministry of Planning set to conduct the once-in-a-decade survey to gather...
US Ambassador Highlights Importance Of Digital Economy For Cambodia
United Stated of America Ambassador to Cambodia, Patrick Murphy, emphasised the critical role of the digital economy in Cambodia and reaffirmed US commitment to...
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...
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...
What are Cambodia’s Oil & Gas Plans?
The Kingdom has imported oil & gas products worth $2.84 billion in the first three quarters of 2022, and with the commodity prices facing...
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 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,...
Cambodia ICT Awards 2021
Cambodia Academy of Digital Technology (CADT) has announced Cambodia ICT Awards (CICTA) 2021 is open to applications, with the awards featuring six categories.
CADT (formerly...
Mekong Tourism Forum 2023 Confirmed To Take Place In Sihanoukville April...
The 2023 Mekong Tourism Forum (MTF 2023), which is hosted by the Ministry of Tourism of Cambodia and co-organised by the Mekong Tourism Coordinating...
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 will sign Regional Comprehensive Economic Partnership (RCEP)
The Regional Comprehensive Economic Partnership will be signed during the 4th RCEP Summit during the 37th ASEAN Summit in Vietnam in mid-November 2020.
The Phnom...
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...
Government Greenlights $14.4 Billion Public Investment Programme
The Council of Ministers has given a green light to a public investment programme that will see the government and its development partners spend...
Cambodian Quality Products Labels
“Cambodian Quality Products” labels that recognise the quality and safety of goods will soon be available for factories, enterprises and cottage industries to apply...
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...
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...
Cambodia Hopes To Be Removed From FATF Grey List in 2023
Cambodia’s Minister of Interior, Sar Kheng, is hopeful the Kingdom can be removed from the grey list (FATF) of nations at high risk for...
Crypto Social Trading Exchange MoonXBT Signs MOU with SERC
On the back of the global cryptocurrency platform Binance signing an MoU with the Securities and Exchange Regulator of Cambodia (SERC) earlier in 2022, crypto...
ADB Project To Bolster Agriculture Industry
With most local agricultural exports consisting of raw materials, the Asian Development Bank (ADB) is now designing a multimillion project to increase the value...
Insights from the Trust Regulator of Cambodia 2023 – What You...
In May 2023, the Malaysian Business Chamber of Cambodia (MBCC) and the Trust Regulator of Cambodia hosted an event addressing the key issues and...
Cambodian Single Portal Online Business Registrations
The number of Cambodian companies which registered on the government’s new Single Portal online business registration system was 287 by the end of July...
AITA – Key Tips On US Foreign Investment and Paying Tax...
American International Tax Advisers (AITA) is a US-centric tax firm that focuses on assisting expatriates with US tax planning, consulting, and tax return preparations....
Prince Group and MoEYS Launch Chen Zhi Scholarships
Prince Group and the Cambodian Ministry of Education Youth and Sport have jointly launched the Chen Zhi Scholarship to help Cambodian university students prepare...
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...
Server To Assist Government In Online Gambling Crackdown
In an attempt to prevent Cambodians from gambling, the Ministry of Economy and Finance has revealed plans for a server to manage and control...
Cambodian Finance ministry raises $1.4B in Q1 2020
The Cambodian Ministry of Economy and Finance raised $1.4B in Q1 2020 revenue, which represents an increase of 24% from Q1 2019.
Q1 2020 Revenue
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...
Cambodian MSME Digitalisation and E-commerce Acceleration – Go4eCAM Project
In March 2023, the Go4eCAM project led by UNDP, which is working with the Ministry of Commerce to assess MSMEs (Micro, Small & Medium...
ARSAR Wins the Reverse Innovation 2021 Competition
Nine Cambodian startups and entrepreneurs competed in the finals of the Techo Startup Centre run Reverse Innovation competition, and ARSAR were announced as the...
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...
Commerce Minister Pitches For More US Investments
Minister of Commerce Pan Sorasak is urging more American companies to follow in the footsteps of Coca Cola Company and invest in Cambodia.
Mr Sorasak...
Nearly 600 Foreigners Obtained Cambodian Citizenship from 2020-2021
A report by the Cambodia China Times suggests nearly 600 foreigners have received their Cambodian citizenship between June 2020 and mid-2021. More than 500...
Tax Forum 2023: Panel Discussion on Cambodian Tax Incentives
The Malaysian Business Chamber of Commerce (MBCC), with support from the General Department of Taxation (GDT), organised a Cambodian Tax Forum 2023 at the...
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...
Cambodia eases some restrictions on COVID-19
The Royal Cambodian Government has lifted the ban on visitors from Iran, Italy, Germany, Spain, France and the US due to COVID-19 and museums...
New Cambodian Digital Ventures Announced
The first week of September 2021 saw another slew of Cambodian digital ventures and partnerships announced. It seems like a week doesn't go by...
What is the National Digital Economic and Social Council?
In September 2021, the Cambodian government launched the National Digital Economic and Social Council. We review the Council's plans and members.
What is the role...
Cambodia Anticipates Total GDP Of $35.1 Billion In 2024
Cambodia is predicted to see a 6.6 per cent Gross Domestic Product (GDP) growth in 2024, with the total anticipated GDP to rise to...
New Riel Banknotes Enter Circulation in Cambodia
Cambodia will see the introduction of new 200 & 2000 Riel banknotes following the Royal Government of Cambodia sub-decree issued to introduce them on...
Producers to measure beer and non-alcoholic beverage sales
In January 2021, the Ministry of Economy and Finance issued Prakas No. 010 on “the Local Manufacturers Obligation to place devices for measuring the...
Cambodian Single Portal Phase Two
In June 2021, the Cambodian Single Portal online business registration platform celebrated its one year anniversary and now the second phase is being planned...
Cambodia hosts Asian Regional Credit Reporting Conference for Cross-border Credit Reporting...
The National Bank of Cambodia (NBC) and Credit Bureau Cambodia (CBC) hosted a Regional Credit Reporting Conference from 17-18 November 2022 - bringing more...
Cambodia Aims For Tourism Diversity and Ecotourism
Cambodia’s Minister of Tourism, Mr Thong Khon has outlined the targets for tourism, aviation and dispersing a new generation of visitors beyond Angkor Wat...
AmCham Discusses New Laws on Taxation
The American Chamber of Commerce in Cambodia (AmCham) held an informative session in Phnom Penh to share updates on the country's new laws on...
EZECOM to launch Digital Free Trade Zone (DFTZ)
One of Cambodia's leading internet service providers, EZECOM Co Ltd, has revealed plans to launch a trade facilitation project called the Digital Free Trade...
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...
Over 7,000 One Portal Business Registrations
The Cambodian Ministry of Economy and Finance’s Cambodia One Portal has received 7,293 registrations since it launched in June 2020.
The One Portal is also...