On Friday, March 31, 2023, the Cambodian government passed a new draft taxation law that is intended to tighten fiscal compliance, increase the favorable investment climate, and promote and enhance the country's business sector. According to the government spokesman Phay Siphan, the new fiscal law was adopted in accordance with the fourth phase of the ...
03rd April 2023
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In order to draw new high-end technology investment projects to Cambodia, Prime Minister Hun Sen highlighted the significance of boosting the number of technicians and skilled laborers yesterday...
31st March 2023
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While efforts are being made to raise the caliber of mobile and internet services in Phnom Penh, the Ministry of Posts and Telecommunications will improve those services in the provinces....
30th March 2023
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The Master Power Development Plan 2022-2040 estimates that Cambodia will require an investment of roughly $9 billion by 2040 to build new power plants and expand the national grids in order to meet the country's rising electricity demand, which is projected to reach 66 billion kilowatt hours in 2040, growing at an average rate of 19 percent. By the end of 2021,..
29th March 2023
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The Energy Market Authority (EMA) of Singapore has conditionally approved a project by Keppel Energy, a Singaporean energy conglomerate, to import 1GW of low-carbon electricity from Cambodia by 2035...
23rd March 2023
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The Cambodian government has approved three new manufacturing projects by Chinese investors, with a total capital of around $16 million. The projects are expected to create more than 3,000 jobs in the garment, umbrella and shoe sectors...
21st March 2023
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The Cambodia Securities Exchange (CSX) is preparing to launch an auction platform for sovereign bonds, which will be an alternative to the National Bank of Cambodia Auction Platform (NBCP)....
20th March 2023
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The Ministry of Labour and Vocational Training has announced that five major factories and manufacturing enterprises will be opening in Kampong Speu province. The factories will employ more than 5,000 workers starting from March 17, 2023....
17th March 2023
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Cambodian cassava producers have signed a memorandum of understanding (MoU) with Global Ecological Rice (Cambodia) Co Ltd, a Chinese-owned company, to improve and maintain access to the Chinese market for their starchy tuberous roots...
14th March 2023
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Cambodia's exports of garments, footwear and travel (GFT) goods, the country's largest export earner, dropped by nearly 25 percent in February 2023, compared to the same month in 2022, according to the trade data released by the General Department of Customs and Excise (GDCE)...
13th March 2023
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