Category: Economy

Cambodia collected 3.26 billion U.S. dollars from all sources of taxes, in the first half of 2022, up 22 percent from 2.67 billion dollars over the same period last year, according to a statement, yesterday.The country has two institutions responsible …

Domestic pig raising can sufficiently supply the local market, therefore the Ministry of Agriculture, Forestry and Fisheries has not allowed the import of pigs since the end of 2021.The remarks were made by H.E. Tan Sophannara, Director General of the …

The Credit Guarantee Corporation of Cambodia (CGCC) has launched Co-Financing Guarantee Scheme for Tourism (CFGS-T) to support the Government’s policy on recovery and growth of the tourism sector. CFGS-T is especially designed to provide credit guarant…

The Ministry of Public Works and Transport generated some KHR 40.6 trillion (approximately US$10 million) from the sale of special licence plates in the January-June period 2022, a 25 percent increase compared to the same period last year. The figures …

The General Department of Customs and Excise (GDCE) has collected some US$76 million from import tax and import duties on right-hand drive vehicles and illegal imported vehicles. At a press conference on July 7, H.E. Kun Nhim, Minister Attached to the …

The General Department of Customs and Excise (GDCE) collected a total of US$1,293 million as customs income in the first semester of 2022, equivalent to 50.1 percent of the yearly plan, reflecting the revival of the country’s import and export activiti…

The two-way trade between Cambodia and the United Arab Emirates (UAE) has saw a significant increase of 53 percent to reach US$150 million last year despite the COVID-19 crisis, the Cambodian Ministry of Commerce pointed out.The figures were highlighte…

The number of international tourists to Cambodia soared by 394 percent to 506,762 in the first six months of this year.The update was shown in the latest report by the Ministry of Tourism, highlighting a positive sign for Cambodia tourism recovery.Subs…

The Ministry of Economy and Finance and the National Bank of Cambodia (NBC) have reached a memorandum of understanding on electronic Know Your Customer (e-KYC) cooperation, aiming to enhance digital verification of customer documents in Cambodia.The Mo…

The World Bank says Cambodia has one of the fastest increases in financial inclusion among developing economies in East Asia and the Pacific.In the latest Global Findex Database released in Washington Wednesday, the bank said 76 percent of people world…