The Cambodian duty-free retail market is projected to expand to $36.28 million by the end of 2022, a noticeable jump from its value of $24.57 million last year, according to a new report titled Cambodia Duty Free Retailing Market 2017-2022 published by Aarkstore Enterprise yesterday. The report predicted that the compound annual growth rate over […]
Read MoreThe number of borrowers from microfinance institutions (MFIs) decreased by 5 percent during the third quarter of this year compared to the same period last year, a trend that industry insiders claim is due to operators attempting to strengthen the quality of their loans and to the impact of the 18 percent interest rate cap. […]
Read MoreThe Ministry of Economy and Finance (MEF) recently decided to shrink the tax burden for local microfinance institutions (MFIs) by lowering withholding tax on interest from loans acquired from abroad from 14 to 10 percent, a move that the government claims will keep the massive sector sustainable. This is the first inducement the government has […]
Read MoreDespite the contentious rollout of Facebook’s Explore feed that shifts public posts away from private newsfeeds and into a hard-to-find channel, online shopping through social media has thrived in Cambodia with business owners live streaming an array of products to prove authenticity and boost sales. According to Tol Rany, owner of Rany Beauty, marketing cosmetic products such […]
Read MoreA free trade agreement signed between Hong Kong and members of the Association of Southeast Asian Nations (Asean) stands to benefit the Kingdom by helping it diversify its export destinations, an economist said yesterday. The agreement, which was signed on Sunday in Manila, concludes nearly three years of talks and is expected to take effect […]
Read MoreIndia has been actively investing in Southeast Asian markets since adopting its “Act East” strategy at the start of last year. The Post’s Robin Spiess sat down with Sandeep Majumdar, president of the Indian Chamber of Commerce (InCham) in Cambodia, to discuss efforts to increase Indian investment in the Kingdom. What has InCham been doing in […]
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