Cambodia has been witnessing a five-year decline in its economic freedom, further depressed by score decrease in terms of labour and trade freedom recording a 2.4-point overall loss of economic freedom since 2017 and remains mired in the “Mostly Unfree” category. Despite this, Royal Academy of Cambodia researcher Hong Vannak insisted that the ranking was […]
Read MoreThe Ministry of Tourism issued certificates to various tour operators in the country that were deemed safe, in a bid to boost domestic tourism. The certificates on the afternoon of February 15. The Ministry held a ceremony to certify tour operators that met the operational standards set by the Ministry. The ceremony was attended by […]
Read MoreThe government adopted legal Consumer Protection Laws in late 2019, making Cambodia home to one of the youngest Consumer Protection Regimes in the world with various sub-decrees and regulations still in development In a free-market economy, consumer protection legislation is needed to ensure trade practices are conducted in a way that is fair and equitable […]
Read MoreWhile many businesses selling online in Cambodia are in the process of understanding how to register their organisations with the Ministry of Commerce (MOC) for the payment of taxes, which will start April 1, the wider implications of the new laws regarding taxation are being examined for those wishing to succeed in the rapidly expanding […]
Read MoreDespite facing challenges over raw material supplies, strict crossing border measures imposed by the deadly Covid-19, Cambodia’s garment sector saw the robust growth of export last year. Figures from the General Department of Customs and Excise, released last week showed that the export amount of the garment, footwear and travel goods increased by 15.2 percent […]
Read MoreThe opening of a new international border between Cambodia and Thailand is expected to further enhance trade and tourism cooperation between the two countries. Experts believe that the opening of Thmar Da International Border will open up a special economic zone through domestic and international travels besides enabling trading between the two countries. Thmar Da […]
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