The government is considering the establishment of more bilateral free trade agreements to access broader markets for Cambodia-made products. Arab Emirates, India, Japan, Eurasian Economic Union (EAEU), Canada and American Latin countries are on the list for the Kingdom named for two-way FTA negotiation talks, said Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy […]
Read MoreThe General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has warned owners of commercial gambling businesses to fulfill tax obligations failing which legal action shall be initiated against them, said a statement. MEF Minister Aun Pornmoniroth approved last Wednesday that the internal tax authority GDT would provide tax incentives and […]
Read MoreCambodia, which exports half of its rice production to Vietnam, is seeking to export directly its surplus harvest to the Philippines, according to the Department of Trade and Industry (DTI). Newly confirmed DTI Secretary Alfredo E. Pascual met today, Feb. 2, with high-level Cambodian delegation led by Secretary of State Kim Chan Sokty of the […]
Read MoreCambodia confirmed its readiness to exit the Least Developed Countries (LDC) status, saying that studies on the impacts of the exit, challenges and the loss of trade preference schemes have been made. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, requested the Ministry of Commerce to strengthen the government’s readiness to exit […]
Read MoreThe number of consumer credit applications for loans in the form of personal finance, credit card, or mortgages decreased by 4 percent in the fourth quarter of 2022 compared with the last quarter, according to the Consumer Credit Index of the Credit Bureau Cambodia (CBC). While applications for personal finance declined 6 percent, credit card […]
Read MoreThe Economic Intelligence Centre of the Siam Commercial Bank forecasts the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, will gain a stronger growth momentum in 2023, but remain below its growth potential prior to the COVID-19 outbreaks. The rebound will be uneven across countries, depending on economic fundamentals and country-specific risks, the centre said […]
Read More
Thailand
