Government-approved hotels in Phnom Penh have announced new packages for fully vaccinated visitors after the government cut quarantine for immunised arrivals to seven or three days. There are now 7 current Alternative State Quarantine (ASQ) hotels available for booking in Phnom Penh 1. Courtyard by Marriott Hotel 2. Sokha Hotel & Residence 3. Raffles Hotel Le Royal PP 4. Sofitel […]
Read MoreFees and charges for transporting on the Vietnam-Cambodia waterway route are paid according the tonnage rates when vehicles entering and leaving seaports from October 12. According to provisions of Article 4, Circular No.248/2016/TT-BT dated November 11, 2016 by the Minister of Finance prescribing maritime fees and charges, the new fee for vehicles on the route […]
Read MoreCambodia’s economy will grow 2.4 percent this year, with gross domestic product improving to 4.8 percent in 2022, according to Phillip Bank, the only Singapore-owned commercial bank in the Kingdom. Phillip Bank Director Ong Teong Hoon said next year’s pick up will be driven by a revival in the three main sectors of the economy: […]
Read MoreCambodia witnessed a trade surplus with Japan in the first eight months of the year, reflecting the fact demand for goods produced in the Kingdom for the Japanese market is increasing. Figures from the Japan External Trade Organization (JETRO) from January to August this year show Cambodia exported about $1.124 billion of goods to Japan, […]
Read MoreThe Cambodian Ministry of Economy and Finance and the Urban Planning and Design Institute of Shenzhen, China, have entered a consultancy contract to transform Preah Sihanouk province into a model multi-purpose special economic zone. The official contract signing took place virtually between Phan Phalla, Secretary of State at the Ministry of Economy and Finance, and […]
Read MoreCentral banks play a crucial role in ensuring economic and financial stability. They conduct monetary policy to achieve low and stable inflation. In the wake of the global financial crisis, central banks have expanded their toolkits to deal with risks to financial stability and to manage volatile exchange rates. In response to the COVID-19 pandemic, […]
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