Cambodia Government Facilitates Import Exemptions for Construction Projects
In a significant move to boost investment in the construction sector, the Cambodian government has announced a new procedure to exempt imports of construction materials from customs duties, special taxes, and state-paid value-added tax. This initiative targets investment projects registered with the Capital-Provincial Investment Subcommittee and is detailed in Inter-Ministerial Prakas No. 070 S.H.O.P.R.K, issued […]
Philippines Investors Eye Cambodian Rice Imports
In a significant step towards bolstering agricultural trade, Arvin International Marketing Inc., a leading Philippines company, has expressed a keen interest in importing high-quality rice from Cambodia. This announcement follows a meeting between Her Excellency Chamnimol, Cambodia’s Minister of Commerce, and Mrs Azucena L. Yao, Chairman of the Board of Directors of Arvin International, held […]
Cambodia’s Stone Processing Industry Flourishes with USD 90 Million Revenue in 2024
In a noteworthy development for Cambodia’s economy, the stone processing sector has emerged as a significant contributor, generating an impressive USD 90 million in revenue in 2024. This remarkable achievement highlights the industry’s growth potential and its critical role in the national budget. As the Ministry of Information reported on February 16, 2025, Cambodia currently […]
Cambodia’s Small and Medium Enterprises Flourish in 2024
In a promising development for Cambodia’s economy, the Ministry of Industry, Science, Technology, and Innovation has reported significant growth in the country’s small and medium enterprises (SMEs) within the industrial sector. As of 2024, nearly 1,300 SMEs have registered, indicating a robust entrepreneurial spirit within the nation. According to the recent report on the ministry’s […]
Thailand is accelerating major projects to become the largest transportation hub in ASEAN
Thailand is accelerating efforts to become the leading transportation hub in Southeast Asia by developing major infrastructure projects, including cruise ship terminals, a new airport, and flyovers. Deputy Minister of Transport Manaporn Charoensri emphasized the country’s strategic geographic location, which positions it as a central transit point in the region. Key initiatives include constructing three […]
The Ministry of Economy and Finance predicts Cambodia’s economic growth at 6.3 percent in 2025
In a promising forecast for the nation, Cambodia’s Ministry of Economy and Finance has announced projected economic growth of 6.3% for the year 2025. This optimistic outlook, unveiled during a public forum on macroeconomic management and the 2025 budget law, is attributed to robust performance in key sectors, including apparel, textiles, agricultural exports, and services. […]