Cambodia’s E-Commerce Tax Revenue Hits $63 Million Milestone In Ten Months
The General Department of Taxation (GDT) has reported a collection of USD $62.82 million in value-added tax (VAT) from e-commerce in the first ten...
Cambodian Prime Minister Announces ‘Visit Siem Reap 2024’ Campaign To Revitalise...
During the 19th Government-Private Sector Forum (G-PSF) held at the Peace Palace in Phnom Penh on November 13, 2023, Cambodian Prime Minister Hun Manet...
Angkor Resources Corp Expands Mineral Explorations In Cambodia
Angkor Resources Corp. confirmed in November 2023 that it has entered into a Joint Exploration and Development Agreement (JEDA) with Almighty Natural Resources Ltd....
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...
US Embassy Organises ‘Restaurant Week 2023’ To Promote American Agricultural Products...
The U.S. Embassy organised 'Restaurant Week 2023' in Phnom Penh to promote U.S. agricultural products to the Cambodian business and culinary communities. The event...
Leadership for Good Summit: Fostering Transformational Leadership for Cambodia’s Future
The Leadership for Good Summit was held from November 7-8, 2023 at the Himawari Hotel and Apartments in Phnom Penh, convening distinguished speakers from...
OBOR Management Welcomes CIM And Tanncam As New Shareholders To Strengthen...
OBOR Management (Cambodia) welcomes Cambodia Investment Management (CIM) and Tanncam Investment Pte as its new strategic shareholders, combining a 40 per cent stake.
According to...
ASEAN Secretary-General’s Visit To The UK Bolsters Bilateral Ties
The Secretary General of the Association of Southeast Asian Nations (ASEAN), H.E. Dr. Kao Kim Hourn, paid a working visit to the United Kingdom...
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...
Angkor Archaeological Park Ticket Sales Soar To $27.8 Million In First...
From January to October of 2023, total revenue from Angkor Archaeological Park ticket sales reached USD $27.8 million, representing a 312 per cent increase...
CAM-ASEAN Seminar Shares Best Practices For Creating A Great Company Culture
The corporate training department of the CAM-ASEAN language and skill training institute organised a seminar on 'Creating a Great Company Culture' on October 28,...
National Budget Spending Plan For 2024: Key Sectors & Priority Policies
The Cambodian government is set to spend nearly USD $800 million on key policy programs in 2024, spanning various sectors including health, vocational and...
Thai Government Seeks Petroleum Extraction Talks Over Overlapping Claims Area With...
The Thai government has proposed to adjust its negotiation strategy with Cambodia regarding the overlapping claims area (OCA) in the Gulf of Thailand, with...
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...
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...
SERC And CSX Sign Agremeent 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)...
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...
IMF Revises Cambodia’s 2023 Economic Growth Forecast To 5.6%
The International Monetary Fund (IMF) has adjusted its growth projection for Cambodia's GDP in 2023 to 5.6 per cent, down from its previous forecast...
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...
Cambodia Ranked 5th For Cheapest Mobile Data In The World
Cambodia has ranked 5th among countries offering the cheapest mobile data prices around the world. The Kingdom also offers the lowest data prices in...
Summing Up Hun Manet’s Business Engagements: BRI Summit 2023
Cambodian Prime Minister Hun Manet travelled to Beijing, China, to participate in the Belt and Road Initiative (BRI) Summit held from October 17-18, 2023....
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...
17th Give A Day Shares Growth Lessons From Cambodia’s Most Dynamic...
Co-organised by Khmer Enterprise and Swisscontact, the 17th edition of Give A Day was held on October 5, 2023 at the Khmer Enterprise Office....
Cambodia Securities Plc. and CSX Launch ‘SMEs & Startups Go Public...
The ‘SMEs & Startups Go Public Program’ was launched by Cambodia Securities Plc. and the Cambodia Securities Exchange (CSX) on October 9, 2023 at...
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...
Promoting The Investment Potential Of Cambodia’s Northwestern Provinces
The German Agency for International Cooperation (GIZ) and the Council for the Development of Cambodia (CDC) held the ‘Investment Promotion Conference 2023’ on October...
Cambodian Trade Data January-September 2023 – FDI, Economic Forecasts, & Exports
We look at the latest summary of trade and economic data from the Kingdom of Cambodia for the first nine months of 2023, as...
AirAsia And Oriental Bank Plc Sign Merchant Service Agreement & Digital...
AirAsia Cambodia announced it has formed a strategic partnership with Oriental Bank Plc which includes the signing of a Merchant Service Agreement which should...
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)...
Fostering Connectivity And Growth In The Mekong Region
Organised under the theme, ‘Connectivity is growth in the Mekong region’, the 2023 ASEAN-Cambodia Business Summit brought together key economic experts and players from...
EuroCham And AHK Vietnam Sign MoU To Boost German Investment In...
EuroCham Cambodia and the Delegation of German Industry and Commerce (AHK) in Vietnam have signed a Memorandum of Understanding (MoU) to strengthen the partnership...
ASEAN-Cambodia Business Summit: Promoting Integration and Connectivity In The Mekong Region
EuroCham Cambodia, in partnership with ARISE+ Cambodia, other regional European chambers of commerce, and the EU-ASEAN Business Council, successfully organised the ASEAN-Cambodia Business Summit...
Realestate.com.kh Welcomes Simon Griffiths As Head Of Real Estate
Realestate.com.kh, the leading integrated real estate platform in Cambodia, is pleased to announce the appointment of Simon Griffiths as its Head of Real Estate.
Realestate.com.kh...
ThaiBev To Build New Beverage Factory In Cambodia
Thailand-based media reported that ThaiBev, the Singapore-listed food and beverage company, will expand its operations internationally and spend 4 billion baht (USD $105 million)...
Condé Nast 2023 Traveler Readers’ Choice Awards Recognises Cambodian Hotels
The Condé Nast Traveler Readers’ Choice Awards 2023 has ranked three hotels from Cambodia in the top four of the "Top 10 Hotels in...
Cambodian Business Confidence Survey 2023 – What Are Businesses Excited And...
Mr. Martin Brisson, Executive Director of EuroCham, provided an overview of the Cambodia 2023 Business Confidence Survey which was released at the recently held ASEAN-Cambodia...
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...
French Chamber Of Commerce Launches Latest Guide To Doing Business In...
The French Chamber of Commerce and Industry in Cambodia (CCIFC) launched a new edition of the ‘Doing Business in Cambodia’ guide for the year...
AmCham Hosts Discussion On Future Of Cambodia’s Tourism Industry
AmCham Cambodia hosted an event titled, ‘Where is Cambodia’s Tourism Industry Heading?’, at Raffles Hotel Le Royal on September 26, 2023, bringing together key...
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...
First British University Launches in Cambodia
De Montfort University Cambodia, the first British university to open in the Kingdom, held its official launch ceremony on September 25, 2023 at the...
5th CamIDF Promotes Digital Trust And Transparency
The 5th Cambodia ICT and Digital Forum (CamIDF), organised in partnership with Open Development Cambodia (ODC), was held on September 21, 2023 at the...
ADB’s 2023 Growth Forecast For Cambodia Revised Down To 5.3%
The Asian Development Bank (ADB) has adjusted its forecast for Cambodia's economic growth in 2023 to 5.3 per cent, slightly lower than its previous...
Cambodia Could See Direct Passenger And Cargo Flights With New Zealand
With the Siem Reap International Airport, due to be operational in October 2023, details on passenger transportation, new routes, and flights are still to...
Cambodia Records 9.5% Decrease In 2023 Oil Imports
Cambodia recorded a significant decline in oil imports during the first eight months of 2023 according to a report released by the General Department...
CAMGSM PLC Reveals Robust Performance in Q2-2023
CAMGSM PLC (Cellcard), one of the leading mobile operators in Cambodia, disclosed a significant increase in its profits compared to the same period in...
‘The Women Shaping Cambodia’ Show Launches This Month
‘Empowering Growth: The Women Shaping Cambodia’ is a brand new show celebrating women leaders in Cambodia, set to begin in December 2023, with a...
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-Korea Friendship Bridge Set To Begin Construction In December
The construction of the cable-stayed Cambodia-Korea Friendship Bridge is scheduled to start in December 2023, following the completion of its final project evaluation.
This update...
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...
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...
Cellcard Won Fastest Download Experience in Cambodia A Second Time
Cellcard, the telecommunications company under the Royal Group, has once again been recognised as the provider of the fastest "Download Speed Experience" in Cambodia...
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...
Cambodia-India Direct Flights Could Be In Service By 2024
With the new airports under development in Cambodia, and the government seeking to diversify its portfolio of investors and sources of tourism, direct flights...
CSX Might Promote Exchange On Overseas Roadshow
The Cambodia Securities Exchange (CSX) is considering heading on an overseas roadshow to promote the exchange and highlight successfully listed Cambodian companies.
Reports suggest the...
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...
Textile & Apparel SEA-Cambodia Summit 2024
The Textile and Apparel Southeast Asia (SEA)-Cambodia Summit 2024, a highly anticipated event in the textile and apparel industry, is scheduled to take place...
PTT Oil & Retail Plans $100M Oil Depot Investment In Cambodia
PTT Oil & Retail is planning to invest USD $100 million in the development of an oil depot in Cambodia.
According to a report in...
Phnom Penh Set For Return Of Water Festival 2023
The 2023 Water Festival will return to the Tonle Sap River in front of the Royal Palace in Phnom Penh, following a three-year hiatus...
ASEAN Remains Attractive For European Businesses In 2023
The EU-ASEAN Business Council released its annual Business Sentiment Survey for 2023 in August, which revealed that the majority of European businesses operating in...
The State Of AI In 2023 – How Can Cambodia Embrace...
The “arrival” of AI (Artificial Intelligence) tools and especially Generative AI (tools such as ChatGPT, Bard etc) firmly became a part of public discord...
Capri By Fraser, Phnom Penh Celebrates Grand Opening
Frasers Hospitality, a subsidiary of Frasers Property, announced the official grand opening of its inaugural property in the Kingdom of Cambodia with Capri By...
Singapore Business Federation Visits Khmer Enterprise To Understand Cambodia’s Startup and...
Khmer Enterprise organised a seminar in collaboration with the Young Entrepreneurs Association and Khmer Times during the visit of the Singapore Business Federation (SBF)...
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...
Singapore Business Investment Forum (SBIF) Launches in Cambodia
The newly launched Cambodian-based Singapore Business Investment Forum (SBIF) is a business group that aims to support Singaporean businesses in the Kingdom and serve...
Realestate.com.kh Shares Insights On Cambodian Real Estate With SBF
Tom O’Sullivan, CEO of realestate.com.kh, presented an overview of the Cambodian real estate market to a delegation from the Singapore Business Federation on August...
Cambodia-Thai ASEAN Freight Rail Link Opened
After many years of delays and speculation, the Thailand - Cambodia ASEAN freight Rail Link finally opened for cargo services on the 26th of...
Unveiling Cambodia’s Thriving Consumer Culture 2023
Discover Cambodia's consumer habits in the Consumer Report 2023 which covers a range of insights from societal perspectives on travel, health and wellness, beauty,...
Q&A: New Sub-Decree on Investment Law 2021
On June 26, 2023, the Royal Government of Cambodia adopted Sub-Decree 139 to implement the country's Law on Investment, which was passed on October...
Cambodian Government To Subsidise $150M For Stabilising Electricity Tariffs in 2023
The Cambodian government has continued to stabilise electricity tariffs by subsidising $150 million for the state-owned Electricité du Cambodge (EDC) in 2023, with the...
2023 Handbook on Investing in Cambodia Released
The "Handbook on Investing in Cambodia" was launched to provide local and international investors with critical knowledge about Cambodia's investment landscape. The 45-page book...
Travel & Leisure Asia Select Their Top Cambodian Hotels For Luxury...
Online travel website Travel & Leisure Asia has selected their top Cambodian city hotels under a range of categories, as well as awarded the...
AmCham Cambodia “Mid-Year Review: Real Estate and Construction Law Update” 2023
On June 23, 2023, AmCham Cambodia hosted its “Mid-Year Review: Real Estate and Construction Law Update” with 70 attendees finding out more about the...
Cambodian General Department of Digital Economy Established
The Cambodian General Department of Digital Economy will set out to work on developing the digital economy in Cambodia and operate under the Ministry...
GIZ Explains The Invest In Banteay Meanchey Project
GIZ has worked with the Banteay Meanchey provincial administration to launch a dynamic new website to promote investment and utilise geospatial information technology. Dr...
The Potential of Investing in Cambodian Sustainable Bonds
In a recently held "The Potential of Investing in Cambodia Sustainable Bond" workshop, leading figures from the financial sector and government aimed to raise...
More Air Transport Routes Are Reaching The Kingdom – More Needs...
The return of tourism post-pandemic has been one of the most hotly debated topics in 2023, and although the region has seen a recovery,...
World Bank Bullish On Cambodian Economy
The World Bank increased its financial outlook for the Kingdom of Cambodia in May 2023 under its Cambodia Economic Update and raised its growth...
Cambodian Maritime Infrastructure Projects Cruising Forward
A flurry of announcements from the government has provided updates on several maritime infrastructure projects, including seaports and coastal logistics centres with total investments...
Samaiden to Develop Renewable Energy Projects in Cambodia with Royal Group...
Samaiden Energy (Cambodia) Co Ltd, a subsidiary of Samaiden Group Bhd, has signed a memorandum of understanding with Royal Group Co Ltd, Management Venture...
Cambodia Key Tax Updates 2023
AmCham recently held the 2023 Tax Updates Forum and guests from DFDL and CamEd Business School discussed the key changes and updates in the...
New Biochar Production Facility Funded In Cambodia
A diverse group of companies have joined up to open a new biochar plant in Cambodia. Payments provider Klarna, carbon asset management specialist Carbonaires, and...
B2B Cambodia Makeover 2023 Press Launch Q&A
Following on from the successful press event launch announcing the exciting investment and changes to B2B Cambodia last week, here is the Q&A held...
B2B Cambodia Set For Cutting-edge Makeover – Launches Cambodia Business Awards
Cambodian Investment Management and Online Real Estate, the owner of Realestate.com.kh, have together formed the new B2B Cambodia. Cambodian Investment Management will make a...
New Cambodia Geographical Indication (GI) Products
The Ministry of Commerce of Cambodia and the Department of Intellectual Property have marked World Intellectual Property Day by confirming three new GI products;...
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...
Airports in Cambodia
We look at the airports in Cambodia, those currently operating, as well as those under construction, and how the expansion of the Cambodian airport...
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 New Year 2023 – A Reflection
With the 2023 Cambodian New Year (or 2566 in the Buddhist calendar) behind us, it was clear that celebrations were on a grander scale...
What Does The UK Developing Countries Trading Scheme Mean for Cambodia?
On 28 March 2023, the United Kingdom implemented its Developing Countries Trading Scheme (DCTS) in Cambodia. This replaces the UK’s Generalised Scheme of Preferences...
Can Cambodia Be a Successful Renewable Energy Exporter?
News broke last week that Cambodia could potentially be exporting renewable energy to Singapore over the next decade, in the same week Cambodia's Ministry...
Cambodia SME Export Talk 10 – What Did We Learn?
EuroCham and ARISE+ held the Cambodia SME Export Talk recently. The series started in 2021 "with the goal of enhancing SME capabilities to export...
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...
Growth of Cambodian E-commerce Driving Tax Collection
The Cambodian General Department of Taxation (GDT) claims to have collected 214.68 billion riel (USD $53.01 million) in taxes from E-commerce between May 2022...
2023 Agility Emerging Markets Logistics Index Confirms More Headwinds
Cambodia ranked 38th out of 50 countries on the latest 2023 Agility Emerging Markets Logistics Index, with close to 70% of global logistics executives...
Cambodia Economic Review 2022
With the final economic data still to be released for 2022 pending Q4 results, we take a look at the economic data released thus...
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...
Tanncam Invests In Digital Classified Group, Parent Company Of Realestate.com.kh
Tanncam Investment Pte. Ltd., a Singapore-based private equity and venture capital firm, has invested in Digital Classified Group (DCG), a leading Australian-based property company...
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...
AmCham Hosting “The Rise of Capital Markets and Venture Capital in...
The American Chamber of Chamber of Commerce in Cambodia is holding a special full-day “The Rise of Capital Markets and Venture Capital in Cambodia”...
