Cambodia’s Sea Festival celebration is to go ahead as planned late December this year, which will be held in Sihanoukville town, aiming to promote the Kingdom as a potential tourism destination to the world. The festival is held every year in different coastal provinces – Kampot, Kep, Preah Sihanouk and Koh Kong on a rotating […]
Read MoreCambodia’s commercial and residential rental market is currently experiencing very high levels of oversupply, particularly for properties traditionally marketed to foreigners, according to industry experts. The oversupply comes as the COVID-19 pandemic causes a mass exodus of foreign workers and high levels of uncertainty in the market, in addition to calls by the World Bank […]
Read MoreEconomic recovery after the COVID-19 pandemic will require greater efforts to foster the uptake of e-commerce and digital solutions all over the country, said Shamika N. Sirimanne, the United Nations Conference on Trade and Development (UNCTAD) director of technology and logistics. She added that it’s necessary to improve information communication technology (ICT) connectivity in rural […]
Read MoreThe General Department of Taxation (GDT) has provided companies more time to file their taxes because not all companies are ready for the new e-filing method. The announcement stated that after suggestions from the private sector, the Ministry of Economy and Finance decided to delay it from June to August. However, the GDT claims that […]
Read MoreThe Cambodia Rice Federation (CRF) and the National Bank of Cambodia (NBC) discussed ways to use the Chinese Yuan and the riel in rice exports between China and Cambodia. CRF vice president Chan Sokheang told Khmer Times the CRF also talked with the representative of the NBC to promote the local currency for domestic consumption and transactions. […]
Read MoreThe Kingdom’s non-garment industry is predicted to remain healthy next year, supported by the agriculture and services sector, according to the government’s national strategic budget plan 2021-2023. Amid the outbreak of the pandemic, the government plans to trim the 2021 state budget to around $4 billion, a 50 percent drop from this year. According to […]
Read More
Thailand
