The Council of Ministers approved the draft law on food safety on April 1. Pan Sorasak, Minister of Commerce, said that the draft law is another important instrument to facilitate a better business environment in Cambodia. The Ministry of Commerce, which has also been promoting the food business, reiterated that all food vendors must work […]
Read MoreEven as the temperature in Cambodia soars, many people are reluctant to use air conditioners for the fear of getting a higher monthly electricity bill. So much so, even industry leaders are looking forward to getting some favourable approach from the government to compete with different players in the region Actuary Rajivan has been living […]
Read MoreThe Cambodian government started implementing the collection of value-added tax (VAT) for e-commerce transactions in Cambodia from the beginning of April 2022. Eng Ratana, Director of the Large Taxpayer Department of the General Department of Taxation, said in a recent workshop on e-commerce tax that the GDT started the implementation of VAT on e-commerce from […]
Read MoreCambodian Prime Minister Hun Sen said here on Sunday that Chinese-invested Siem Reap Angkor International Airport will play an important role in boosting the kingdom’s economy and tourism when it comes online in late 2023. The prime minister made the remarks during a visit to the construction site of the airport in Sotr Nikum district, […]
Read MoreAbout 70 percent of Cambodians have access to financial services, with more than 8.6 million e-wallet account holders at the end 2021, according to the National Bank of Cambodia (NBC). “Cambodians have access to official financial services when people receive one of our four financial services, including credit, deposits, money transfers and digital payments,” said […]
Read MoreA recent study published by nature.com showed that global demand for rice is expected to increase 30 percent by 2050, however, with a “limited scope available for other main rice-producing countries such as China and India”, it will become incumbent on the countries such as Cambodia, Myanmar, Philippines, Thailand, Indonesia and Vietnam to close the […]
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