Over 60 percent of the population is under 35 years old so it’s a very good opportunity for the e-economy to grow in Cambodia… the interaction between buyer and seller on e-commerce isn’t the same like people chatting at a local market. The mindset in Cambodia is such that people need to talk to each other […]
Read MoreRenaissance Minerals (Cambodia) extracted 1,751 kg of gold ore as of earlier February, reaching nearly full capacity of gold extraction. Prime Minister Hun Sen yesterday said that in the seven month extraction operation, the company is now extracting at average 80 to 100 kg per week. In other words, the company is extracting to its […]
Read MoreOnline portal will speed shipments, open export markets. It will provide a lift for Cambodia’s MSMEs, which account for only 10 percent of its total exports despite a dominant role in the economy. That figure trails the 30 percent share of exports reached by MSMEs in other regional economies Expanding into new global markets will […]
Read MoreAs Cambodia’s promising tech and digital sectors continue to flourish, so too does the opportunity for both domestic and foreign investors to support the SMEs, start-ups and microbusinesses that underpin them. However, these companies are currently fragmented across the Kingdom’s business and geographical landscape, which can make it difficult for investors to identify these opportunities […]
Read MoreThe Covid-19 pandemic has posed a challenge to exporting agro-produce especially rice, given the escalating logistic and production costs in the first months of this year. According to Lun Yeng, Secretary General of Cambodia Rice Federation (CRF), the main challenge for Cambodian milled rice is the shortage of shipping containers from the EU and the […]
Read MoreCambodia’s Prakas 542 provides the rules for implementing a value-added tax on non-resident foreign e-commerce suppliers. Prakas 542 also clarifies that the non-resident entity must register for VAT purposes in Cambodia and file for VAT returns if their turnover from the e-commerce activities reaches a certain threshold. Notified in September 2021, Prakas 542 provides the […]
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