Bilateral trade between Cambodia and Thailand reached $5.97 billion in the first nine months of 2021, surging by 18 per cent year-on-year from $5.08 billion despite disruptions caused by the community spread of Covid-19 in the two ASEAN nations, according to a report from the Cambodian embassy in Bangkok. In January-September, Cambodia’s exports to Thailand […]
Read MoreThe business community is hoping for additional support following Prime Minister Hun Sen’s announcement that Cambodia will reopen by the end of this month. The local economy contracted by 3.1 percent last year, according to Asia Development Bank and is only forecast to grow 1.9 percent his year after projections were halved last month because […]
Read MoreCambodian ambassadors, counsel-generals and the diplomatic corp have been tasked to promote the newly-endorsed investment law to businessmen abroad in a bid to attract them to select the Kingdom as their investment destination. The Ministry of Foreign Affairs and International Cooperation in collaboration with the Council for the Development of Cambodia (CDC) on Wednesday organised […]
Read MoreMultinationals making money in Cambodia without a physical presence here will not be able to avoid paying taxes, even though the Kingdom has not signed up to the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS), according to tax experts. G20 leaders endorsed the new international tax reforms proposed last month at their […]
Read MoreThere has been a surge in demand for consumer credit, according to Credit Bureau Cambodia (CBC), with a 38 percent rise in applications for mortgages, credit cards and personal finance in the third quarter of the year. Applications for home loans rose by 39 percent, with 38 percent increases in personal finance and credit card […]
Read MoreAccording to the National Phytosanitary Database obtained from the General Department of Agriculture, in the first day of November, the total export of agricultural products reached 41,671.20 tons to 10 countries. Among them, the most exported products are: 16,000,000 tons of rice to Vietnam Three fresh potatoes 11,250,000 tons to Vietnam and Thailand 3,570.58 tons […]
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