ASIA: According to a report published yesterday by Xinhua, China’s financial hub Shanghai saw a record actual use of foreign investment of 23.9 billion US dollars in 2022, according to… Read More »Foreign investment utilization in Shanghai reached nearly $24 billion
PHNOM PENH: The Ministry of Commerce has been preparing for the establishment of five Cambodian private business centers in the main cities of China in order to promote the sale… Read More »Five Cambodian private business centers to set up in China
PHNOM PENH: Cambodia exported some US$1,083 million worth of products to the German market last year, according to the latest report from the General Department of Domestic Trade of the… Read More »Cambodia-Germany trade hit over $1 Billion last year
PHNOM PENH: The Bangkok-based Cambodia Business Council (CBC) and the local Innovation and Development Investors Association (IDI) have joined forces to engage with and attract more investors as well as… Read More »Trade bodies CBC, IDI team up
PHNOM PENH: Cambodia and China have agreed on how to welcome back 1 million Chinese tourists in 2023, although the giant economy only announced the country’s reopening late last year.… Read More »Cambodia targeted 1 million Chinese tourists on returns
The Royal Government of Cambodia (RGC) has decided to continue to exempt all types of monthly taxes, except VAT, for tourism-related businesses such as hotels, guesthouses, and travel agencies which… Read More »Monthly taxes further exempted for tourism-related businesses
PHNOM PENH: Japan-based Sumitomo Mitsui Banking Corporation (SMBC) currently is looking for opportunities to collaborate with the Royal Government of Cambodia, including two multibillion-dollar Cambodian projects. The commitment was made… Read More »Japan’s SMBC interests in Cambodian multibillion projects
ASIA: The International Monetary Fund (IMF) forecasted China’s economy will grow by 5.2 percent in 2023, 0.8 percentage points higher than the previous October forecast. “With the full reopening in… Read More »IMF says China’s economic project to reach 5.2%
PHNOM PENH: The construction progress of the Morodok Techo National Stadium’s sports village was recently inspected by Samdech Pichey Sena Tea Banh, the Deputy Prime Minister, Minister of National Defense,… Read More »The progress of the construction of Morodok Techo national stadium’s sports village
PHNOM PENH: Cambodians exported US$966 million worth of bicycles to international markets in 2022, up 48 percent compared to a year before, the Ministry of Commerce’s report showed on Monday.… Read More »Cambodia exports bicycles worth $966 million in 2022
