The General Department of Tax (GDT) of the Ministry of Economy and Finance has asked tax payers to follow the official exchange rate issued by National Bank of Cambodia (NBC), in a move to strengthen tax collection efficiency. The GDT’s move came after tax payers used the exchange rate issued by GDT when paying tax […]
Read MoreThe Kingdom of Cambodia continues on its high growth path in the post-Covid pandemic scenario and is set to report robust growth this year as well as the next few years, according to the International Monetary Fund (IMF). According to the IMF projections, Cambodia will grow at 5.1 percent in 2022, 6.2 percent in 2023, […]
Read MoreTechnology-based startups are increasingly becoming a vital part of the business landscape across the globe. By applying technologies to create new products and services, resolve existing issues, these startups can make a significant contribution to economic development while at the same time generating social and environmental benefits. But to survive and thrive, technology startups require […]
Read MoreThe average monthly household income of Cambodian consumers rose in the third quarter of this year as compared to the same quarter last year and the previous quarter, according to a report by Indochina Research. The report expects inflation to rise in the fourth quarter of 2022. The survey ‘A Light Glimpse of Cambodia’ for […]
Read MoreThe Majority of participants in a survey conducted by the European Chamber of Commerce in Cambodia (EuroCham) have reported that they experienced issues with regard to Value Added Tax (VAT) that included non-issuance of refunds. The survey results were released by EuroCham at the Tax Forum it organized with the support of the Association of […]
Read MoreAccording to a fruits and vegetables market study of Cambodia (2016- 26), the fruits market in the Kingdom is expanding and consumption is expected to grow at a compound annual growth rate (CAGR) of 2.1 percent over the next 5 years. That China continues to be the major importer of Cambodian farm produce, including fruits, […]
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