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Tourism recovery rate at 26.3% in Cambodia

Though tourism across Southeast Asia is in the process of regaining its pre-Covid health, with a 26.3 percent recovery rate against pre-pandemic levels Cambodia is placed third among ASEAN (Association of Southeast Asian Nations) member states. According to the Tourism Advisory Board of Vietnam, while Singapore tops the table with a 30.9 percent recovery rate, […]

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Why Cambodia can be the next Asian Tiger?

For many serious observers, Cambodia is a dark horse with unprecedented potential to turn into the next big thing in Southeast Asia. Rising from the ashes of the Khmer Rouge, Cambodia has established itself as one of the world’s fastest-growing economies in the region. Khmer Times talks to experts to find out why and how […]

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Cambodia’s economy recovers well in 2022, with better growth forecast for next year despite headwinds

Newly-ratified free trade agreements, namely the Regional Comprehensive Economic Partnership and the Cambodia-China Free Trade Agreement (CCFTA), have helped boost Cambodia’s agriculture and agro-processing industries, said World Bank senior country economist Ly Sodeth. Cambodia’s economy has recovered well from the impact of COVID-19 in 2022, with better performance being expected for 2023, said a government […]

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Rosegold Thailand eyes expansion into Cambodian market

Rosegold, a market leader in health and beauty supplements, visited Cambodia this week as it considers its next overseas venture. The company, which is based in Thailand, first expanded its products into Laos in 2020, and is also in discussion with potential partners in Hanoi to introduce Rosegold products to the Vietnamese market. Ms Thunrawee Ruengraweethitikorn, Director […]

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Cambodia: GDT earns $37 million on e-commerce VAT income

The General Department of Taxation earned e-commerce value-added tax (VAT) income of $37 million from the operation of electronic goods and services till November this year. The government started implementing the e-commerce VAT from April this year. The update was shared in a monthly meeting yesterday under the presence of Director-General Kong Vibol. “From May […]

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