In a bid to promote the currency of Cambodia, the entrepreneurs and people, especially workers, can use riel more widely, said Dr Chea Serey, Deputy Governor and Technical Director General of the National Bank of Cambodia. Dr Serey pointed out the significance of using riel during a meeting with a delegation from the Cambodian Young […]
Read MoreNearly nine in 10 Thais are now using some form of cashless payment in their daily lives, according to the latest Visa Consumer Payment Attitudes study. Among those who have been making the switch, 43% said they lasted for more than a week without using cash, the global payments company said. The findings were based […]
Read MoreMinister of Industry and Trade Nguyen Hong Dien has signed Circular No. 06/2022/TT-BCT stipulating regulations on the import of rice and dried tobacco leaves originating from Cambodia under tariff quotas for 2021 and 2022. Minister of Industry and Trade Nguyen Hong Dien has signed Circular No. 06/2022/TT-BCT stipulating regulations on the import of rice and […]
Read MoreCambodia’s economic growth is projected at 5.6 percent in 2022, reflecting national progress towards herd immunity against COVID-19, underpinned by vaccination rates that rank among the best globally and that have motivated the government to allow the full restoration of socio-economic activities. Prime Minister Hun Sen has considered the COVID-19 vaccines as “economy”, driving the […]
Read MoreThe Federation of Thai Industries (FTI) is demanding a greater effort to deal with the severe shortage of 700,000 workers, even as the government is working to bring in migrant workers from neighbouring countries. Last month the federation called on authorities to speed up the signing of memorandums of understanding (MoUs) with officials in Cambodia, […]
Read MoreIn spite of the adverse effects caused by the pandemic, Chinese investment in Cambodia had increased significantly in 2021, reflecting the trust in the Kingdom’s business landscape, officials and experts noted. According to a report from the Council for the Development of Cambodia, Cambodia attracted a fixed-asset investment of $2.32 billion from China last year, […]
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