In a post-Brexit strategic move that distances it further from European Union countries, the UK will replace the Generalised Scheme of Preferences (GSP) for the developing countries with a new trading instrument early next year. Named the Developing Countries Trading Scheme (DCTS), the new instrument offers additional tariff concessions to products imported from developing countries. […]
Read MoreThe Chinese-funded enterprises have played an important role in improving local people’s livelihood in Cambodia, according to the results of a new survey released this week. Entitled “China in Young Eyes,” the survey was conducted in 2021 by the Center for Cambodian Studies at Beijing Foreign Studies University and the 21st Century Maritime Silk Road […]
Read MoreMinister of Tourism Thong Khon said that in the first seven months of 2022, Cambodia has received more than 740,000 international tourists – an increase of 560 per cent compared to the same period in 2021. He added that the re-opening of all socio-economic activities had boosted major tourist destinations such as Siem Reap, Phnom […]
Read MoreASEAN Briefing reports that India is fast-tracking the completion of the expanded India-Myanmar-Thailand Highway. The Indian Prime Minister, Narendra Modi, said recently that the route should be further expanded from 1,400 km to 3,200 km in order to link the route with Laos, Cambodia, and Vietnam. Presently, the route links Moreh in the northeast of India with […]
Read MoreCovid-19 vaccines have helped boost Cambodia’s economic recovery and growth since last November, the country’s Prime Minister Hun Sen said on Thursday. Speaking at a handover ceremony of 300,000 doses of Covid-19 vaccine donated from Spain, Hun Sen said Cambodia can be considered one of the leading countries in managing Covid-19 thanks to its high […]
Read MoreThe bilateral trade between Cambodia and the United States rose 45 percent to $5,892 million in the first seven months of this year compared to the same period last year. Cambodia’s export to the US surged 47 percent to $5,695 million in the January-July period of 2022, from the same period a year ago, according […]
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