The demand for meat in the Cambodian market is on the rise due to a growing population, a factor making the Kingdom’s pig farming sector a major industry.
Cambodia expects to receive millions of dollars next month in proceeds from the sale of nearly 300,000 barrels of crude oil stolen by the Bahamas-flagged tanker MT Strovolos last year following a payment dispute with the Apsara oil field’s Singaporean developer, KrisEnergy, according to a senior
The number of Bakong users has increased significantly to 445,000 as of July 31, 2022 with 12.7 million transactions valued at $7.2 billion, from 288,000 users as at end-December 2021 and 45,000 in 2020.
Cambodia and Indonesia have pledged to enhance tourism cooperation, and agreed on a five-pronged strategy to revive travel to either country as Covid-19 headwinds abate, according to the tourism ministry.
The General Department of Taxation (GDT) has collected $2.68040 billion in tax revenues year-to-date, equivalent to 95.07 per cent of the full-year target for 2022, its director-general Kong Vibol said on September 28. This leaves just over three months to reach the prescribed 11.419 trillion riel
FWD Life Insurance (Cambodia) Plc was fully launched in September 2021 with the vision of ’changing the way people feel about insurance’.
The South Korean National Assembly on September 27 ratified the Cambodia-Korea Free Trade Agreement (CKFTA), fuelling hopes for an export boom to Asia’s fourth largest economy.
The price of gold has continued in a downtrend fuelled by a stronger US dollar supported by interest rate hikes to tackle rising inflation.
The draft Law on Taxation is designed in line with the context of Cambodian, regional and global economies to effectively lure potential new investors to the Kingdom, and is expected to be approved by the National Assembly by the end of the sixth legislative term
The company FIS Co Ltd has expressed interest in importing potentially lucrative agricultural items from Cambodia for distribution to Japan, as cashew nuts and products thereof reportedly gain popularity among Japanese consumers.