Economic and finance
Takeo Province Leads the Charge in Job Creation & Investment Attraction
Takeo province is making significant strides in attracting investment, with nearly 800 factories currently operating, creating substantial job opportunities for the local population. HE Wei Samnang, Governor of the Takeo Provincial Government, emphasized this commitment during a meeting with over 500 workers in Por Pel commune, Tram Kak district, on 18 May 2025. During the meeting, Governor Wei...
Read MoreCambodia & United States Commit to Expanding Bilateral Trade Relations
In a significant move to bolster economic ties, Cambodia and the United States have engaged in constructive discussions focused on enhancing bilateral trade and investment. This initiative was highlighted during a series of meetings on 15 May 2025, involving HE Deputy Prime Minister Sun Chanthol, U.S. Congresswoman Carol Miller, and Senator Tammy Duckworth. During the high-level discu...
Read MoreYazaki Expands Investment Plans in Cambodia
Yazaki Corporation, a renowned Japanese firm specializing in wire assembly, has announced its ambitious plans to further expand its investment in Cambodia. This move comes as the company celebrates over a decade of successful operations in the country. During a recent meeting, Mr. Yoshimoto Ito, the Deputy CEO of Yazaki, discussed these expansion plans with HE Chea Wutty, Secretary Ge...
Read MoreCambodia’s Tax Revenue Shows Strong Performance in Q1 2025
In a strong financial showing, Cambodia's General Department of Taxation announced the collection of USD 1.25 billion in taxes during the first quarter of 2025. This amount reflects a robust contribution from various sectors, with stamp duty accounting for nearly 3% of the total. According to a report released on 8 May, the department collected approximately 5,082 billion riels, equivalent to a...
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