Cambodia is expected to see a remarkable increase in its milled rice export due to the China market, a recovery in demand in the European Union, and the emergence of new markets. The Cambodian Rice Federation expects more rice exports in 2023 because of the recovery in the European markets and the emergence of new […]
Read MoreIn the third quarter of 2022, average inflation fell to 4.9 percent compared to the previous quarter’s inflation rate, which was at 7.4 percent. This is according to the Economic and Financial Statistics Bulletin for the third quarter of 2022. The third quarter economic and financial statistics bulletin was released by the Ministry of Economy […]
Read MoreThe exports of apparel from Cambodia increased by 18.51 per cent year-on-year to $7.747 billion during January-October 2022. This constituted 41.30 per cent of Cambodia’s total foreign income of $18.747 billion during the period under review, according to data from the general department of customs and excise under the ministry of economy and finance. Cambodia’s […]
Read MoreTo support the rice sector, the Cambodian government has extended the income tax waiver for companies (rice mills and exporters) in the segment for the next five years, according to the Ministry of Commerce. This was announced by Minister of Commerce Pan Sorasak at a meeting on November 23. “The Royal Government has always considered […]
Read MoreCambodia is back on the path of attracting FDI after a decline in 2020 due to Covid-19 pandemic. According to the Financial Stability Report 2021 of the National Bank of Cambodia, FDI inflow in 2021 was valued at $3.5 billion Foreign direct investment often reflects the faith and confidence of an individual or an organisation […]
Read MoreCambodian “iron and steel” imports in the first 10 months of 2022 clocked in at $301.868 million, rising by 23.17 per cent year-on-year from $245.088 million, according to Customs. This category of items, corresponding to Chapter 72 of the harmonised tariff schedule, accounted for 1.169 per cent of the $25.818 billion value of the Kingdom’s […]
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