While many sectors globally are facing a serious downturn in their fortunes due to the knock-on effects of COVID-19, Cambodia’s construction industry remains stable, according to the Ministry of Land Management, Urban Planning and Construction. In fact, in a positive piece of news amongst the current gloomy outlook, Seng Lot, spokesperson for the ministry claims […]
Read MoreSmall and medium enterprises (SMEs) have called for increased restrictions over allowing imported products from abroad access to their domestic markets. Te Taingpor, president of the Federation of Association for Small and Medium Enterprises of Cambodia, said imports without efficient control in terms of paying taxes affects local products produced at a high cost. At […]
Read MoreThe General Department of Customs and Excise (GDCE) said its revenue collection has seen a remarkable growth over the last five years, with an average 19.5 percent increase a year since 2014. “The noticeable achievement is the result of good governance progress of the GDCE reflected by reform and modernisation,” GDCE General Director’s Kun Nhim […]
Read MoreSmall and medium enterprises (SMEs) have called for stricter importation requirements for all finished products, citing the uncontrolled importation is negatively affecting Cambodia’s SMEs ability to produce their own value-added products. Finished products are goods that have completed the manufacturing process but have not yet been sold or distributed to the end-user. The government’s Industrial […]
Read MoreThe Kingdom of Cambodia has been crowned the Best Destination – Heritage (International) by the Pacific Area Travel Writers Association (PATWA), according to the Cambodian Ministry of Tourism. Cambodia is among the 13 destinations recognised by PATWA as the best destinations in different categories. According to PATWA’s online source, the other recognised sites are Yemen […]
Read MoreCambodia’s capital city will host a large gathering of local and international freight-forwarders next month, signifying the Kingdom’s growing reputation as an important logistics hub in Southeast Asia. According to Indian research company Mordor Intelligence, the freight and logistics market in the country is expected to reach a market value of $2.25 billion by 2023. […]
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