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…
Garment exports rise; electrical equipment, machinery exports decline in January
PHNOM PENH: Textile, garment, and footwear exports were in positive growth early this year after a significant decline in 2023, while the exports of electrical equipment and machinery showed a…
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…
GDT earns $3.6 billion income tax last year
PHNOM PENH: The General Department of Taxation (GDT) collected US$3,612 million as income from taxes in 2023, equivalent to over 101 percent of the yearly target. The figures were shared…
Cambodia listed among top ten largest exporters of garments in 2022
PHNOM PENH: Cambodia was ranked 8th among the top ten largest exporters of garments in 2022 by the World Trade Organisation (WTO). China was crowned No. 1, followed by the…
Cambodia’s bicycle export earns more than $400 million in 2023
PHNOM PENH: Cambodia exported bicycles worth $416.7 million in 2023, a decrease of 53.6 percent from $899.7 million a year earlier, pointed out a report of the General Department of…
Cambodia’s export to RCEP members rises sharply despite weakening global demand
PHNOM PENH: Cambodia on Saturday reported a sharp rise in its exports to Regional Comprehensive Economic Partnership (RCEP) member countries last year despite a slowdown in global demand. The kingdom…
Experts perspectives: Global inflation on Cambodia’s economy and investment
PHNOM PENH: As global crises cast a shadow on the energy sector, rising inflation has become a pressing concern for economies worldwide. 2023's record high of 6.9% inflation significantly impacts…
Cambodia’s total exports inch up in 2023
PHNOM PENH: Cambodia exported US$22.64 billion worth of goods in 2023, up 1.8 percent from a year ago, a report of the General Department of Customs and Excise showed on…
GDCE disseminates measures to facilitate trade and businesses
PHNOM PENH: The General Department of Customs and Excise (GDCE) has disseminated measures to facilitate trade and business in Cambodia. The measures were underscored in a dissemination forum on Trade…
Cambodia-Japan trade volume reaches $1.6 billion in January-November
PHNOM PENH: Bilateral trade volume between Cambodia and Japan reached a total of US$1.63 billion in the first 11 months of 2023, down about 7.9 percent compared to the same…