Ministry of Post and Telecommunications (MPTC) and Microsoft in Asia Pacific have agreed to enhance the digital usage in Cambodia, as the Royal Government is transforming itself into an e-government. The two sides signed virtually on Mar. 16 a memorandum of understanding on the cooperation on human development and promotion of digital usage in Cambodia […]
Read MoreThe Kingdom is forecast to register gross domestic product (GDP) growth of 3.5 percent, a sharp reversal of 2020’s contraction of 3.1 percent, the Ministry of Foreign Affairs and International Cooperation has said in its macroeconomic situation report. After registering 7.1 percent GDP growth in 2019, the Kingdom is forecast to reach GDP growth of […]
Read MoreThe General Department of Taxation (GDT) has rejected a request to extend the deadline for the submission of annual tax on income (TOI). However, it will allow the temporary suspension of in-person meetings for tax registration and audits following a new coronavirus outbreak. In a letter signed by Kong Vibol, director-general of the taxation department, […]
Read MoreCambodia’s exports to Vietnam rose in 2020 despite both nations imposing strict cross-border movement control to fight the pandemic. Data from the Ministry of Commerce showed Cambodia’s exports to Vietnam rising by 14.8 percent in 2020 to $385 million. Cambodian imports from Vietnam decreased by 3.1 percent to $2,633 million. Bilateral trade between the countries […]
Read MoreTep Virak, the general manager of the Express Food Group (EFG), which operates six key brands across 70 shops in Cambodia, reports that his company’s sales have dropped around 80 percent during the pandemic, with much of that hit coming after the Feb 20 community incident. That incident was triggered by the bribing of security […]
Read MoreThe Kingdom’s financial sector remains largely resilient and stable despite the latest COVID-19 outbreak, according to Say Sony, senior vice-president and chief marketing management of PRASAC microfinance deposit-taking institution (MDI). He said he does not know the ultimate impact of the so-called Feb 20 community incident, caused by four Chinese nationals escaping from quarantine at […]
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Thailand
