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Cambodia’s economy forecast to grow over 5 pct in 2022

Cambodia’s economy is expected to grow over 5 percent in 2022 after the southeast Asian nation has fully reopened since November, buoyed by its high vaccination rates, Prime Minister Hun Sen said here on Sunday. “The success of the COVID-19 national vaccination campaign has allowed Cambodia’s economy to grow at a faster-than-expected rate,” he said […]

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Alibaba plans to launch Cambodian products in China

Alibaba Group is holding talks with Cambodian relevant stakeholders for exporting Cambodian products and selling them in the online marketplace in China. The topic was discussed during a virtual meeting last Friday between Yim Chhay Ly, Deputy Prime Minister, Chairman of the Council for Agricultural and Rural Development and Chairman of the Village 1 Product […]

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Cambodia’s export to China increases as FTA takes effect

Cambodia exports to China increased by 39 percent to $1,510 million last year, a positive move to the Kingdom’s trade as Cambodia and China put into effect their newly-endorsed bilateral free trade agreement. Figures from the Ministry of Commerce showed that the bilateral trade between Cambodia and China reached $11,144 million last year, a year-on-year […]

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Cambodia: GDT collected $2.7B in tax revenue in 2021

The Minister of Economy and Finance’s General Department of Taxation (GDT) collected 11.402100 trillion riel ($2.781 billion) in tax revenue in 2021, 24% more than the plan of $538 million. However, this revenue is slightly less when compared to the same period of year 2020 with total revenue of about $2.87 billion in tax revenue. […]

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