Cambodia’s five cement factories produced 7.9 million tons in the eleven months this year, a slight decrease compared to the amount registered in 2020. Puth Chandarith, secretary-general of the Cambodian Cement Manufacturing Association, said on Monday that the production of domestic cement during the January-November period was similar to last year due to the number […]
Read MoreASEAN members have high hopes that entry into the Regional Comprehensive Economic Partnership on January 1 will boost trade within its 10 nations and the other signatories, China, South Korea, Japan, Australia and New Zealand. At the same time Cambodia is hoping to reap the rewards of a free trade agreement (FTA) with China that […]
Read MoreCambodia’s total export volume in the first 11 months this year is about US $15,725 million, a decrease 0.12 percent when compared to the same period in 2020, said a press release from the Ministry of Commerce. But according to the Minister of Commerce Pan Sorasak, the Cambodian economic growth will remain positive and expected […]
Read MoreThe Chinese-invested Sihanoukville Special Economic Zone (SSEZ) has brought tangible benefits to local residents in Cambodia’s coastal city of Sihanoukville. HOdo Group, one of China’s largest apparel manufacturers, based in east China’s city Wuxi, has been working with Cambodia since 2018 to build the special economic zone in Sihanoukville. According to the company, the SSEZ […]
Read MoreThe General Department of Taxation (GDT) has reiterated a call for owners of e-commerce and other online entities conducting business in Cambodia to properly register, saying it will start to charge a value-added tax (VAT) on digital goods and services on January 1. Addressing a seminar on the new VAT rules for e-commerce on December […]
Read MoreEighty-three investment projects were registered in a span of nine months this year, which is a decline of 38 projects, said a report of the Ministry of Economy and Finance. The investment projects worth $1,135 million, 80.6 percent decrease compared to the same period last year, the report further stated. The projects created approximately 64,000 […]
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