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Cambodia: Insurance industry grows despite pandemic

The gross value of premiums held in the Kingdom’s insurance market reached $201.7 million as of the third quarter of 2020, up 8.2 percent over the same period last year, according to an insurance market update report by the Insurance Association of Cambodia. The  8.2 percent overall increase in premium values  was the result of […]

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Giant Thai firm to invest in Cambodia

Cambodia has asked the biggest air conditioner and solar energy supplier of Thailand PPJ Engineering to invest in Cambodia. The request was made by Mr Heng Sovannarith, Commercial Attaché and Representative of Cambodian Ambassador to Thailand Ouk Sorphorn when visiting the production chain of PPJ Engineering in Bangkok, Thailand recently. Mr Sovannarith informed Mr Somkiat […]

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Cambodia Business Council to be established in Bangkok

Cambodia will soon establish a representative office for the “Cambodia Business Council—CBC” in Bangkok, Thailand to facilitate trade and business activities between the two neighbouring nations. According to the Royal Embassy of Cambodia in Bangkok, the establishment will serve as a one-stop shop for business and trade between Cambodia and Thailand. The move is apparently […]

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Cambodia: Tax arrears and evasion targeted

The government has issued a directive (prakas) on tax arrears management aimed at supporting the process of efficient, effective and transparent tax arrears collection. Prakas number 962, signed by Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth, was issued on Nov 20. This directive is inclusive of all taxpayers with payments currently […]

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