Cambodia's General Department of Taxation (GDT) reported $43.6 million in e-commerce value-added tax (VAT) revenue during the first seven months of 2024, with $6 million collected in July alone. Since April 2022, the country ...
16th August 2024
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Korea ranks as the second-largest source of Foreign Direct Investment (FDI) in Cambodia, with over 40% of its total investment concentrated in the banking and financial sectors, according to Korean Ambassador Park Jung-Wook. During a meeting ...
15th August 2024
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Cambodia's garments, footwear, and travel goods (GFT) exports surged by 17.95% YoY in the first seven months of 2024, generating $7.5 billion in revenue, as reported by the General Department of Customs and Excise (GDCE). This marks ...
14th August 2024
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Over 15% of Cambodia's 17.6 million population has some form of insurance, either through private insurers or the government's National Social Security Fund (NSSF). The Insurance Association of Cambodia (IAC) ...
13th August 2024
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Cambodia's international trade volume surged by 15% YoY in the first seven months of 2024, reaching $31.18 billion, up from $27.1 billion during the same period last year. Exports climbed 14% YoY to $14.76 billion, while ...
12th August 2024
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A recent study conducted by the Cambodia Microfinance Association (CMA) and Micro-Credit Ratings International Limited (M-Cril) has identified Phnom Penh as having the highest access to formal savings in Cambodia, with 69% of its population holding a bank account. Following closely are provinces like...
09th August 2024
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The National Bank of Cambodia (NBC) reported a significant surge in local currency payments through the Bakong system, with a 180% YoY increase in 'Riel currency' transactions during the first half of 2024, totaling ...
08th August 2024
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Cambodia's two major public-listed ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), have announced their investment decisions for the initial 21-km phase of the Funan Techo Canal project. PAS will invest 26% ...
07th August 2024
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Cambodia is set to introduce an electronic visa payment system on September 1, aiming to increase foreign tourist numbers. The move eliminates the need for foreign tourists to wait in queues to make cash payments, which they previously had to manually fill out at embassies or consulates. The new management system, developed ...
06th August 2024
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The Cambodian government has raised approximately $62 million from local investors through the issuance of government bonds in the first half of 2024, reflecting growing confidence in the country's economic trajectory and fiscal management. This ...
02nd August 2024
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