Cambodia will require tech companies without a physical presence in the country to pay a 10% value-added tax (VAT) on their sales of digital goods and services, making it the latest country in Southeast Asia to levy charges on recognizable firms like Google, Facebook, Netflix, and AliExpress...
02nd June 2021
Food delivery giant Foodpanda has announced its plan to expand into Kampong Speu province, which will mark the 11th Cambodian province in which the company has a presence. Foodpanda is one of the most successful and popular food delivery companies...
01st June 2021
Cambodia's exports of crude palm oil reached 19,916 tonnes in the first five months of 2021, an increase of 36% compared to the same period last year, according to data from the Ministry of Agriculture, Forestry, and Fisheries. Favorable weather has been cited as the key factor for the increase in domestic production of palm oil, while the world's largest producers...
27th May 2021
Cambodia and South Korea began on Monday the second round of negotiations on a Free Trade Agreement (FTA) that was held via video conference. Ministry of Commerce (MOC) spokesman Seang Thay said that the talks would mainly address the scope of goods that can enjoy preferential access ....
02nd September 2020
Khmer Fresh Milk Co, Ltd will begin full production at its new diary farm in Takeo province in late 2020, aiming to contribute to supplying domestic market and reducing dependence on import of milk from abroad. ...
01st September 2020
The Cambodian government will start implementing capital gains tax collection from January 1 next year, according to the General Department of Taxation (GDT). The capital gains tax will apply to all properities and other capital investments such as leasing, stocks as well as foreign currency, applying to any profits made by transactions within these areas. ...
28th August 2020
KrisEnergy Ltd, an independent oil and gas company, announced that construction of the minimum facilities wellhead platform for the Apsara oil development offshore Cambodia Block A is completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation. ...
27th August 2020
Cambodia is on track to reach its industrial development policy (IDP) goal by 2025, according to a report. In 2015, the Cambodian government introduced a 10-year IDP 2015-2025, aiming to increase the share in the industrial sector to 30% of the GDP by 2025...
26th August 2020
Cambodia exported a total of $1.3bn worth of jewellery and precious stones to the international market in the first six months of 2020, a remarkable increase from just over $415mn last year, according to the General Department of Customs and Excise (GDCE)...
25th August 2020
CSX-listed Phnom Penh Water Supply Authority (PPWSA) collected a total of $18.35mn in revenue in the second quarter of the year, an increase of 31.4% compared to the same period last year, according to a report filed on the CSX...
24th August 2020
