The locally-listed operator of Cambodia’s flagship deep-sea port, Sihanoukville Autonomous Port (PAS), reported strong business performance in the second quarter of this year ended June 30, reflecting the recovery of the regional and global economies. In a financial report filed to Cambodia Securities Exchange (CSX) on August 13, the state-owned enterprise (SOE) reported that it […]
Read MoreAn indefinite Chinese ban on Thai longan imposed on August 13 over contamination with mealybugs has thrown a wrench into Cambodian exports of the fruit to the neighbouring country, according to a senior Cambodian government official. And as the harvest season ramps up in Cambodia, tens of thousands of tonnes of longan will be unable […]
Read MoreSouthern Phnom Penh’s combination of affordable land and $2 billion of infrastructure development has positioned it as the key area for future growth across all property segments, from landed homes to industrial parks, according to CBRE Cambodia. The Kingdom’s largest foreign-owned property consultancy says infrastructure investment in the new Phnom Penh International Airport and road […]
Read MoreCambodia received 102,560 international visitors during the first six months of 2021, a decrease of 91.3 percent from 1.18 million over the same period last year, said a tourism ministry’s report released on Wednesday. Thailand, China and Vietnam were the largest sources of foreign travelers to the kingdom during the January-June period this year, the […]
Read MoreCambodia’s exports to the US rose 37.26 percent measured Jan-July. Shipments adding up to more than $3.8 billion were made up mainly of clothing, footwear and travel products. Exports far outstripped imports by value. Cambodia bought just over $209 million worth of goods from the US, mainly vehicles, animal feed, and machinery. Still, that was […]
Read MoreA major global tax overhaul that will set a tax floor of 15 percent has the ability to level the playing field when attracting international investments from technology companies and increase the Kingdom’s coffers. A total of 130 countries in April agreed on a two-pillar reform ahead of the Group of 20 meetings that will […]
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