Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government, with China being the largest source of investment, according to the Council for the Development of Cambodia (CDC). The number of ...
02nd September 2024
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Cambodia and South Korea have launched cross-border QR code payments, allowing citizens of both countries to use QR codes for transactions. The initiative enables payments through Cambodia's Bakong KHQR and South Korea's Jeonbuk Bank mobile ...
30th August 2024
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Cambodia is set to sign double taxation agreements (DTAs) with Laos and the Philippines, having completed technical procedures, according to the General Department of Taxation (GDT). The Kingdom is also negotiating DTAs with Myanmar, France, Japan, Morocco, and the UAE ...
29th August 2024
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Prime Minister Hun Manet has tasked the Ministry of Economy and Finance (MEF) with preparing a stimulus package to boost investment in Cambodia's northeastern provinces - Kratie, Stung Treng, Mondulkiri, and Ratanakiri. He asked for ...
27th August 2024
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Cambodia and Thailand are working towards increasing bilateral trade to $15 billion by 2025, according to a senior official from Thailand's Ministry of Commerce. Under the Joint Commission for Bilateral Cooperation, both countries aim ...
26th August 2024
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Cambodian Prime Minister Hun Manet announced an extension of the tax exemption for tourism businesses in Siem Reap until June 2025, aiming to alleviate ...
23rd August 2024
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Cambodia's banking system remains strong in capital and liquidity, but credit quality and profitability have declined. In the first half of 2024, loans grew by...
22nd August 2024
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The Cambodian Securities Exchange (CSX) reported a trading value exceeding $12.7 million in Q2 2024, reflecting a dynamic but uneven performance across its Main and Growth Boards. While the Main Board ...
21st August 2024
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The National Bank of Cambodia (NBC) has introduced the Bakong Tourists mobile payment system to simplify transactions for travelers, address issues with damaged banknotes, promote the riel, and enhance the tourism sector. Available on both iOS and Android, the app ...
20th August 2024
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Cambodia has emerged as the world's second-largest producer of raw cashew nuts, with a total output of 830,000 tonnes in the first seven months of 2024. This surge in production is largely due to cashew crops adapting well ...
19th August 2024
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