Bilateral trade between Cambodia and the US remained resilient in the first half of 2021, clocking in at $3.8402 billion, or a 32.8 per cent surge from the $2.8917 billion booked in the same period last year, despite the profound implications of the Covid-19 pandemic on international trade and the magnitude of uncertainty shocks in […]
Read MoreThe United Nations Development Program (UNDP) has identified Cambodia as the fourth largest cassava grower in Asia and the 10th largest in the world. Growing, harvesting, processing and exporting cassava is a key to increasing employment and maintaining the livelihoods of thousands of families, and it is also a major source of income for farmers. […]
Read MoreThe streets of Cambodia’s major cities may be full of huge, gas-guzzling, environment-destroying sports utility vehicles and trucks that only go off road when their owners park them on the pavement, but a growing number of electric vehicle manufacturers are eyeing the Kingdom as an opportunity to sell – or rent – a greener alternative. […]
Read MoreThree major draft laws on trade are expected to take effect before the end of 2021, after receiving full support from National Assembly (NA) leaders and specialised committees, as well as the Senate, according to a Ministry of Commerce spokesman. These are the draft laws on the ratification of the Regional Comprehensive Economic Partnership (RCEP) […]
Read MoreCambodia’s new investment draft law is set to introduce new incentives for people to invest in the country. The law is currently pending approval from the Senate and National Assembly before it is promulgated by the King and presumably enacted late next year. It is expected that the law will encourage investments in the country’s […]
Read MoreThe Cambodian government is looking seriously at adjusting compulsory quarantine to facilitate visits by investors, businesspeople and employers as a means of revitalising the economy. The move is being considered after the private sector raised concerns about compulsory quarantine for non-residents, business owners, employers and employees travelling into Cambodia. The discussion on the matter was […]
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