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SCG reports strong growth in Cambodia

Siam Cement Group (SCG), Thailand’s largest conglomerate, reported a strong performance of its Cambodian operations in 2017, driven by the fast growth of the country’s construction and real estate sectors. Cambodia continues to be one of the strongest markets in the Asean region for the Thai firm, according to the company’s unaudited operating results for […]

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Cambodia: Festival to promote local products

In a bid to promote the made-in-Cambodia brand, the Ministry of Commerce is urging local businesses to exhibit their products in the upcoming Tonle Festival, which will be held in Kandal’s Takhmao city on March 8-10. The Tonle Festival will give local businesses an opportunity to show the country the quality of their products, which […]

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Cambodia: Customs collection up 10.4 percent

Revenue in the General Department of Customs and Excise (GDCE) reached $1.9 billion last year, an increase of 10.4 percent compared to 2016. “We collected 104.5 percent of our goal,” said Kun Nhem, director general of GDCE. Mr Nhem said the key achievements for his department in 2017 have been strengthening the technical compliance of […]

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Cambodia: Tax revenue exceeds expectations following reforms

The General Department of Taxation (GDT) collected $1.93 billion in tax revenue last year, a 30 percent increase over 2016 and well above the government’s own projections, according to the department’s director, Kong Vibol. Following the GDT’s annual meeting in Phnom Penh yesterday, Vibol told reporters that the government expected to collect $1.71 billion, but […]

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Cambodia: New business software launches in the Kingdom

The two-month pilot program for Sustainability Map, a new software tool intended to help business owners monitor their suppliers and track sustainability, has proved successful, according to panelists at the program’s launch event yesterday. The Sustainability Map is a highly detailed interactive site that can be used by private companies to tailor their sustainability analytics, […]

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