India-Cambodia joint business council launched
PHNOM PENH: The India-Cambodia Joint Business Council (JBC) was launched with the first meeting of the JBC taking place in New Delhi, India, according to a press release from the…
Cambodia’s 2023 salt production up nearly 150%
PHNOM PENH: Kampot and Kep provinces produced 81,154 tonnes of salt last year, an increase of 148.9 percent from 32,900 tonnes in 2022, a report of the Ministry of Industry,…
CGCC provides $170M credit guarantees to nearly 2,000 businesses
PHNOM PENH: The Credit Guarantee Corporation of Cambodia (CGCC) has provided credit guarantees of US$170 million as of January this year to 1,977 businesses as their working capital for expansion.…
GDT collects nearly $300 million as tax income in January
PHNOM PENH: The General Department of Taxation (GDT) collected US$298.55 million as tax income in the first month of this year, inching down 0.68 percent compared to the same period…
Cambodia collects $5.9 billion as tax income in 2023
PHNOM PENH: The Ministry of Economy and Finance collected US$5.9 billion in revenues from all kinds of taxes last year, a 3.9 percent decrease from US$6.14 billion in 2022, an…
Cambodia expects 220,000 new jobs in 2024
PHNOM PENH: Cambodia’s national economic growth for 2024 is expected to reach 6.6 percent and create about 220,000 new jobs, up 2.3 percent year on year. The outlook was shared…
Cambodia, Germany discuss trade and economic cooperation
PHNOM PENH: Cambodia and Germany have discussed ways to further strengthen trade and economic cooperation between both countries. The discussion was made between H.E. Mrs. CHAM Nimul, Minister of Commerce,…
Cambodia bags $32 million from rice exports in January
PHNOM PENH: Cambodia exported 46,221 tonnes of milled rice in January 2024, a year-on-year increase of 25.2 percent from 36,900 tonnes recorded in the same period last year, according to…
Cambodia logs rise in exports in January
PHNOM PENH: Cambodia’s exports topped US$1,967 million in the first month of this year, an increase of 27 percent compared to the same period last year, pointed out a report…
CGCC, Bridge Bank reach deal on supporting businesses to access to guaranteed loans
PHNOM PENH: Credit Guarantee Corporation of Cambodia (CGCC) and Bridge Bank have officially announced the partnership on the Credit Guarantee Agreement to provide support to micro, small, and medium enterprises…
Registered economic enterprises reach nearly 50,000 employing some 1.7 million people
PHNOM PENH: There are 49,075 economic enterprises registered at the Ministry of Labour and Vocational Training by 2023, creating more than 1.7 million jobs. Samdech Moha Borvor Thipadei Hun Manet,…