A construction team composed of 200 workers from China has arrived in the Kingdom to begin work on an expressway that will connect Phnom Penh and Sihanoukville, with the groundbreaking ceremony expected before the end of March. Transport Minister Sun Chanthol said recently that $100-million worth of construction materials will be imported into Cambodia before […]
Read MoreThe National Bank of Cambodia (NBC) will continue to promote the development of the Fourth Industrial Revolution in the kingdom’s financial sector, according to its report on Macro-Economic and Banking Sector Development in 2018 and Outlook for 2019. It said the continuing development of human resources and technology is important for maintaining the efficiency of […]
Read MoreThe General Department of Taxation is calling on small and medium-sized enterprise operating in a number of prioritised industries to apply for tax incentives created through a sub-decree last year. The nation’s tax body issued last month a notification on the implementation of Sub-decree No 124, which set up tax incentives for SMEs in selected […]
Read MoreVietnam’s exports to Cambodia exceeded 3 billion USD last year, setting a record high in a decade and opening up opportunities for local firms to capitalise on untapped potential of the neighbouring market, statistics show. In the past three years, the value of Vietnamese shipments to Cambodia increased continuously from 2.2 billion USD in 2016 […]
Read MoreThe National Bank of Cambodia (NBC) will continue to promote the development of the Fourth Industrial Revolution in the Kingdom’s financial sector, according to its Macro-economic and Banking Sector Development in 2018 and Outlook for 2019 report released last week. The report said the continuing development of human resources and technology is important for maintaining […]
Read MoreCambodia’s economy is predicted to remain resilient and maintain a high growth rate this year in the face of challenges posed by the global economy, according to a National Bank of Cambodia (NBC) press release. The NBC press release stated that it expects the economy to grow by seven per cent this year, while monetary […]
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