Despite reforms introduced last year allowing businesses to register online, businesses are claiming they have been asked to follow some of the old procedures or face a penalty. The government introduced its Single Portal system in June. This was designed to integrate six ministries on one platform to help streamline the registration process and reduce […]
Read MoreCambodia’s total export value to China extended its winning streak last year, weathering supply chain disruptions due to the Covid-19 outbreak. The Kingdom’s exports to the world’s second-largest economy – in nominal terms – surged more than eight per cent in value to $1.086 billion last year compared to the $1.004 billion posted in 2019, […]
Read MoreCBRE Cambodia research indicates that 2020 saw occupancy rates fall to 76.5 percent, the Kingdom’s lowest level since 2016. The drop was almost 8 percent year on year, with rents falling back in most sectors. Two factors contributed to an increased gap between supply and demand in the Phnom Penh office market. First, there was […]
Read MoreAfter the signing of the Regional Comprehensive Economic Partnership trade agreement, the bilateral free trade agreement (FTA) between Cambodia and China and the successful conclusion of FTA negotiations with South Korea, Cambodia is now looking towards the potential for a bilateral free trade deal with India. Spokesman for the Ministry of Commerce Penn Sovicheat said […]
Read MoreThe National Committee for Sub-National Democratic Development (NCDD) and World Vision International Cambodia have co-launched Phase II of the Implementation of Social Accountability Framework (ISAF). The launch was held yesterday at Raffles Hotel, Phnom Penh. ISAF aims to improve local services by informing citizens of mechanisms they are entitled to access to create dialogue with […]
Read MoreThe government is drafting a 2021-2035 policy framework for Cambodia’s evolving digital socioeconomic environment that optimally facilitates economic growth, according to a press release. The framework focuses on five major priorities – developing digital infrastructure, fostering digital trust and confidence, creating digital citizens, building the digital government and promoting digital businesses. Minister of Economy and […]
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