Cambodia collected $3.26 billion from all sources of taxes in the first half of 2022, up 22 percent from 2.67 billion dollars over the same period last year. The Southeast Asian country has two institutions responsible for collecting taxes. One is the General Department of Taxation (GDT), which focuses on interior taxes such as income […]
Read MoreThe unemployment rate for Cambodia is expected to be at 0.31 percent this year, which is the lowest among all member states of the Association of Southeast Asian Nations (Asean), according to the Asean Information Center. Laos is at the second place with a projected unemployment rate of one percent. The unemployment rate of Myanmar […]
Read MoreInflation rose to 7.2 percent in May this year in the country, the highest in the last decade, the National Bank of Cambodia (NBC) said yesterday, adding that it has unleashed a set of measures to control the inflationary pressures and protect the purchasing power of the local currency. Increasing prices of oil and food […]
Read MoreInflation in Cambodia rose to 7.2 percent in May, the highest level in more than a decade. In this context, the National Bank of Cambodia (NBC) has weighed in on the monetary policy to control inflationary pressures and support the recovery of economic growth. To contribute to controlling inflationary pressures, the exchange rate has been […]
Read MoreCambodia and Timor-Leste discussed a rice export deal as the two countries pledged to strengthen bilateral trade and economic cooperation. The discussions were held when Rath Saravuth, Director General of International Trade at Cambodia’s Ministry of Commerce and Domingos Lopes Antunes, Vice-Minister of Commerce of Timor-Leste met at Dili city on Monday. In the meeting, […]
Read MoreCambodia continues to attract large investments, with the latest being four CDC-approved investments worth more than $100 million. This is according to a senior official of the Council for the Development of Cambodia. the official said that after the simplification of the Law on Investment and the provision of new opportunities, Cambodia attracted many large […]
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