Trade preference, well-known Cambodia-made production and social-economic recovery have made Kingdom maintain its position as the biggest exporter of bicycles to the European Union, said senior officials. Across the country, there are 13 bicycle assembly and bicycle component factories with a total investment value of $112 million, said Heng Sokkhung, Secretary of State of the […]
Read MoreJapan-financed Port Electronic Data Interchange (Port EDI) system made a soft launch to put an end to paper-based procedures for private sector’s vessels entrance into and exit out of Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP) to improve effectiveness, efficiency, transparency and cost-saving. The soft launch of Port EDI held at the […]
Read MoreMany international organisations, including the World Bank, International Monetary Fund and Asian Development Bank, have projected good GDP growth for Cambodia in 2022 and the years ahead. The growth predictions are based on the revival in the country’s prospects following the resumption of socio-economic activities after the government effectively controlled the Covid-19 pandemic. Some businesses […]
Read MoreNumber of investments owned both by locals and foreigners has significantly increased in Cambodia, demanding skilled labourers in the sector, Prime Minister Hun Sen said. Having skilled labourers can attract investment both local and from abroad, the Prime Minister said at a graduation ceremony at the University of Puthisastra in Phnom Penh on Wednesday. He […]
Read MoreTax authorities have collected approximately $2.21 billion of tax revenue — 78.39 percent of the budget law in the first seven months of the year, which soared by 28.62 percent or about $491.29 million compared to the same period last year, said a release by the General Department of Taxation (GDT) on Monday. Cambodia has […]
Read MoreThe government’s special fund through the Agriculture and Rural Development Bank to the rice sector is expected to witness an increase to help further promote rice production. Chan Seiha, deputy director-general of the Agriculture and Rural Development Bank, said that the bank has disbursed $80 million loan to the rice sector this year. The one-year-period […]
Read More
Thailand
