Cambodia exported 176,581 tons of milled rice in the first quarter (Q1) of 2023, up 3.5 percent from 170,539 tons in the same period last year, the Cambodia Rice Federation (CRF) said in a report released on Tuesday. The Southeast Asian country made 126 million U.S. dollars in revenue from export of the commodity during […]
Read MoreCommerce Minister Pan Sorasak said that the border trade agreement between Cambodia and Vietnam would be a mechanism to facilitate cross-border trade between the two countries. On Monday, the minister led a delegation of ministry officials to the Ninth Committee of the Senate to defend the draft law on the approval of the border trade […]
Read MoreCambodia’s General Department of Taxation (GDT) made e-commerce value-added tax (VAT) income of $20.9 million from the operations of electronic goods and services in the first quarter of 2023, a GDT report said on Monday. The Southeast Asian country began to collect a VAT of 10 percent on e-commerce transactions from companies such as Google, […]
Read MoreThe Asian Development Bank last year committed support to Cambodia in several important sectors, including coastal, marine fisheries, power and livestock value chain. Last year, ADB committed $6 billion in financing for Southeast Asia, including $5 billion for sovereign operations and $1 billion in nonsovereign investments, the bank said in its Annual Report 2022. “We […]
Read MoreCambodia’s startup scene remains stable despite its lower global and regional ranking, a leading report analyzing last year’s startup trends, said. The Global Startup Ecosystem Index, created by StartupBlink, is considered the world’s most comprehensive startup ecosystem ranking. Although the nation was globally ranked 103 and seventh regionally, the report says the country offers a […]
Read MoreTrade between Cambodia and Indonesia rose by 43.2 percent to $304 million in the first quarter of this year, according to a recent General Department of Customs and Excise report. The trade has just received a boost following Indonesia AirAsia started operating direct flights between the two countries. Apart from trade, direct flights can also […]
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