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Cambodia: Tariff cuts slash $150M from revenue

Trade liberalisation under the ASEAN Free Trade Agreement (AFTA) cost Cambodia $150 million in lost tariff revenue last year, with the losses projected to climb further in the coming years as the Kingdom phases out tariffs on goods originating within the 10-member economic bloc, a customs official said yesterday. Kun Nhem, general director of the […]

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New Laos-Cambodia border crossing opens

PHNOM PENH – A new crossing on the Cambodia-Laos border, the Trapeang Kreal international border gate, opened officially on Tuesday. Prime Minister Hun Sen and Laso Premier Thongloun Sisoulith were to preside over the ceremony, Cambodia’s Foreign Ministry said. The crossing connects Cambodia’s Stung Treng province with Laos’ Champasak province, according to a report by […]

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Cambodia: Cambodia’s rice exports fall sharply

Cambodia’s milled rice exports only grew by a dismal 0.7% last year compared with 2015 and this was the lowest since 2014, according to government figures released Thursday. “Last year Cambodia only exported 542,144 tonnes of milled rice and the lowest exports were in the first quarter of the year and December,” said Hean Vanhan, […]

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Cambodia – Laos – Vietnam: No Roaming Charges

Mobile phone users in Cambodia, Laos and Vietnam – the so-called CLV countries – will not have to pay roaming charges if they make calls through Viettel’s network, a cell-phone group owned by Vietnam’s military. “Subscribers of Viettel in Vietnam, Unitel in Laos and Metfone in Cambodia can make phone calls to each other at […]

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Cambodia: Businesses Granted Extension for CO

Exporters, producers and traders will have an additional 20 days to sign up for the certificate of origin (CO) using automated systems, the Ministry of Commerce announced on Wednesday. In the announcement, the ministry said that the extension was granted as many companies had yet to apply despite the system having been in operation since […]

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Manila-Phnom Penh Consensus

Cambodia and the Philippines are seeking ways to increase mutual trade and investment amid the Philippine leader’s recent visit to the Kingdom. Kith Meng, president of the Cambodia Chamber of Commerce (CCC), met with Philippine President Rodrigo Duterte on the sidelines of his two-day state visit to the Kingdom, according to CCC vice president Lim […]

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