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Cambodia: Public debt ‘stays within safe limits’

In the last 24 years, Cambodia has made debt service payments of about $1.14 billion to development partners, while last year alone it repaid about $210 million, according to the Cambodia Public Debt Statistical Bulletin of the Ministry of Economy and Finance released last week. The bulletin said the government last year signed concessional loan […]

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Thai investors buoyed by CLMV investment climate

Following the strong economic growth in Asean, especially in CLMV countries (Cambodia, Laos, Vietnam, and Myanmar), Thai investors have expanded their regional investment by focusing on alternative energy, food and agriculture processing, tourism, and service business. According to a report by the Bank of Thailand, as of September 30, 2017 Thai investors showed outstanding direct […]

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Cambodia: Taxes target used car imports

The government is considering increasing taxes on used car imports, and encouraging auto companies to set up assembly plants in Cambodia. Kun Nhem, director-general of the General Department of Customs and Excise (GDCE), said at the Auto Show 2018 on Friday that higher taxes on used car imports would encourage more people to consider a […]

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Cambodia: Grab tests tuk-tuk market in capital

Grab has officially launched its motorbike taxi service and started beta testing a tuk-tuk and rickshaw service in Phnom Penh and Siem Reap, according to a press release issued by the company on Friday. Grab Bike, which has been in beta testing for nearly two months in Phnom Penh’s central districts, launched full services in […]

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Cambodia: Streamlining boosts farm exports

Cambodia’s agricultural exports to Asean countries was valued $1.2 billion in 2017, up 66 percent on a year earlier, Commerce Ministry figures show. The rise comes amid streamlining of certificates of origin, issued before agricultural products are sent abroad. Ministry spokesman Seang Thay said Thailand and Vietnam were the main markets for Cambodia. “We export […]

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