Cambodia’s Graduation From LDC Pushed Back To 2029
Cambodia's graduation from the Least Developed Country (LDC) status has been revised to take place in 2029 after initially being scheduled in 2027. We...
Bancassurance In Cambodia – AmCham Workshop 2024
The American Chamber of Commerce (AmCham) in Cambodia hosted an event titled 'Leading the Way: The Future of Bancassurance in Cambodia’ in Phnom Penh...
First Submarine Cable Launches To Boost Cambodia’s Internet
Cambodia’s first submarine telecoms cable, which was built at a cost of $100 million, was officially launched yesterday, strengthening existing internet capacity and greatly...
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...
How Will Cancellation of 2022 Water Festival Impact Tourism in Cambodia?
Tourism remains one of the key economic pillars of the Kingdom of Cambodia, and after two and a half years of being ravaged, there...
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...
CSX Index Climbs Over Four Percent on Friday 7th July 2023
The Cambodia Securities Exchange (CSX) closed higher on Friday 7th July 2023 , with the CSX Index climbing by 19.57 points or 4.04 per...
Cambodian Trademark Registrations Increased in 2020
The Cambodian Ministry of Commerce reported that local and international companies registered 7,997 trademarks in 2020. This represents an increase of 30 per cent...
US GDP Surges To Robust 4.9% Growth Pace In Third Quarter
The US economy grew by 4.9 per cent in the third quarter (Q3) of 2023, marking the country’s fastest economic growth pace in nearly...
No Change To Britain’s Bilateral Trade With Cambodia Despite Brexit
There are no signs of change to bilateral trade between the United Kingdom and Cambodia despite ongoing negotiations on the UK’s position within the...
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...
Cambodia’s Tourism Capacity Data
Information detailing Cambodia's tourism capacity levels were released this past week, with a breakdown per region of the Kingdom.
The information was circulated online and...
OCA Talks, Border-Crossing, VISA Program Top Agenda During PM Hun Manet’s...
The Cambodian Prime Minister, Hun Manet, embarked on an official visit to Thailand on February 7, 2024. During his visit, he met with Thai...
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...
Government Bonds To Enter Market By 2022
The government on Friday reiterated its intention of issuing sovereign bonds, and said they will become available to investors in the next four to...
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...
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...
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...
Protecting Intellectual Property Key To Innovation: Minister
Following an application from a local company to patent the process of turning banana trees into fabric, the Ministry of Industry and Handicraft reminded...
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...
US To Examine Cambodian Food Standards
The United States, one of the Cambodia’s key trading partners, is going to assess sanitary and phyto-sanitary standards in Cambodia, opening up the opportunity...
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...
Cambodia And UK Plan To Increase Trade & Investment
The Cambodian Ministry of Commerce has announced that Cambodia and the UK plan to sign a memorandum of understanding (MoU) to promote joint trade...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
How to use the Cambodia Online Business Registration System?
With the rollout of the new Cambodia Online Business Registration System, which is supposed to reduce the time to start a company from three...
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...
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...
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...
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...
COVID-19 Vaccines in Cambodia
Cambodia received its first shipment of COVID-19 vaccines in February 2021. We look at the latest news on what vaccines are due to be...
Tax Bill Puts Nail In Newspaper’s Coffin
The independent English-language newspaper The Cambodia Daily officially ceased publication today after 24 years. The closure comes after the government slapped the media outlet...
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...
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...
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...
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...
New MoU With Thailand On Trade Across Borders
Cambodia and Thailand will sign a Memorandum of Understanding (MoU) on cross-border trade in early November to comply with Thailand’s new customs law, which...
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...
Cambodian Tourism Business License Fees Return In 2023
The return of tourism and the post-COVID era has seen the reinstatement of the Cambodian tourism business licensing fees in 2023 - these were...
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...
Regional Eco-friendly Agriculture Policy Plan
Agriculture leaders from the Great Mekong Subregion are working to boost countries’ focus on safe and environmentally friendly agriculture value chains with an aim...
Singapore Business Federation (SBF) Surprised By Cambodia’s Development
Singapore business delegates who are in Cambodia on a week-long fact-finding mission to look at investment opportunities have expressed optimism about the potential.
Aquarii BD...
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...
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...
Hun Manet Facilitates Key Agreements At Belt & Road Summit
During the first day of the Belt and Road Initiative (BRI) Summit held in Beijing, China on October 17, 2023, Cambodian Prime Minister Hun...
Cambodian Taxation Authorities Collaborate With Foreign Chambers Of Commerce
The General Department of Taxation (GDT) recently convened a significant meeting with representatives from the European Chamber of Commerce in Cambodia (EuroCham) and the...
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...
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...
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...
Panel Discussion On Tax, Accounting And Auditing In Cambodia’s Food Industry
On February 29, 2024, the Cambodia Restaurant Association (CRA) hosted a workshop on "Tax, Accounting & Auditing in the Food Industry", which featured an...
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...
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...
Techo Startup Center (TSC) and ABA Bank Sign MoU
ABA Bank have signed a Memorandum of Understanding with the Cambodian government-backed Techo Startup Centre which will prioritise the ABA PayWay online payment platform.
The...
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...
“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...
SERC And CSX Sign Agreement On API Linkage For Opening Online...
The Securities and Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX) have signed an agreement to launch the Application Programming Interface (API)...
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...
2024 Special Investment Promotion Program Announced For Sihanoukville Aimed At Revitalising...
In 2023 it was first suggested that a detailed and comprehensive plan was needed to provide a solution for the property and development situation...
2024 ASEAN-Australia Special Summit – We Unpack Cambodian Prime Minister Hun...
Cambodian Prime Minister Hun Manet was in Melbourne, Australia, to attend the ASEAN-Australia Special Summit from March 4-6, 2024 with several meetings held as...
Prime Minister Hun Manet Announces $11.7B Public Investment Program
The Cambodian government has laid out a USD $11.69 billion Public Investment Program (PIP) comprising 617 projects for a three-year rolling plan from 2025-2027....
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...
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...
Transport Ministry Launch Online Vehicle Registration, Driving Tests
Two new websites allowing Cambodians to register their vehicles and take the written portion of their driving test exam online were launched by the Ministry...
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...
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...
Three Cambodian Private Green Bond Issuers Selected For 2023
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and partners have announced the three Cambodia green bond issuers for...
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...
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...
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...
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...
MPTC Hosts Seminar With Private Sector On Digital Development in Cambodia
The Ministry of Post and Telecommunication (MPTC) recently held a seminar with private sector stakeholders, including telecommunications and ICT companies, to discuss the development...
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...
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...
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...
Prime Minister Calls For Curb On Khmer New Year Price Hikes
Prime Minister Hun Sen called yesterday for transport companies, tourism service providers and food sellers not to increase prices for Khmer New Year to...
Paperless Trade On The Horizon
Cambodia yesterday signed the framework agreement on the Facilitation of Cross-border Paperless Trade in Asia and the Pacific, which aims to strengthen digital trade...
Ministers To Showcase Cambodia At World Economic Forum 2017
A delegation of high-ranking Cambodian government officials – including Prime Minister Hun Sen, Commerce Minister Pan Sorasak, Economy & Finance Minister Aun Pornmoniroth, and...
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...
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...
E-Payments on the rise in Cambodia – Bakong CDBC leading the...
The National Bank of Cambodia (NBC) Financial Stability Report 2021 has highlighted the growth of E-payment transactions in Cambodia, with cashless payment adoption spurred...
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...
CIA First International School Lists $10M Bond On Cambodian Stock Market
On December 27, 2023, CIA First International School Co., Ltd made its debut bond listing on the Cambodia Securities Exchange (CSX) following approval from...
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...
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...
One Window Service Launched For Tax, Customs
The Ministry of Economy and Finance has officially launched a single window service to streamline work across several departments. The service is intended to...
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...
