The Royal Government of Cambodia has collected 22,302 billion riels or $5.44 billion as the total national revenue in the first 11 months of 2022, while the total national expenditures reached 22,275 billion riels or $5.43 billion, resulting in 27 billion riels or $6.6 million received as the surplus of the national budget, according to […]
Read MoreThe General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) yesterday issued a set of guidelines for all enterprises that are resident taxpayers, public institutions and non-governmental organisations (NGOs) and have tax obligations to implement the new monthly salary tax from January 2023. Those enterprise owners are required to file the […]
Read MoreCambodia and Brunei have exchanged views on promotion of bilateral cooperation, especially in agriculture. The discussion was made in a recent meeting between Dith Tina, Cambodian Minister of Agriculture, Forestry and Fisheries and Pengiran Kasmirhan Pengiran Tahir, Brunei Ambassador to Cambodia at the ministry’s office in Phnom Penh. The two sides touched on range of […]
Read MoreWith the growing reach of the Internet, better access to newer technologies, increasing digitization, and rise in income levels, the e-commerce sector in Cambodia is marching ahead on a firm growth path. “The e-commerce sector has been growing and showed a remarkable growth during and after the Covid-19 pandemic,” Penn Sovicheat, Undersecretary of State and […]
Read MoreCambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $28.4 billion in the first 11 months of 2022, a year-on-year increase of 7 percent, the Ministry of Commerce’s latest report showed on Tuesday. Cambodian Ministry of Commerce’s Undersecretary of State and Spokesman Penn Sovicheat said “The world’s largest free trade pact would […]
Read MoreTrade ties between Cambodia and Indonesia are expected to rise further and cross $1 billion this year as the latter’s entry to the Regional Comprehensive Economic Partnership (RCEP) came into effect last Monday. Indonesia, the largest economy in Southeast Asia, put in place a new set of liberalised regulations for its trade with other members […]
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