The Ministry of Tourism reported a surge in foreign tourist arrivals in Cambodia for the first eight months of 2023. Over 3.5 million international visitors were recorded, marking a 250.8 per cent increase compared to the same period last
Retail petrol prices have experienced a slight decrease after reaching their highest levels in a year, with regular gasoline now at 4,550 riel per litre, down from 4,750 riel in the previous 10 days.
National Bank of Cambodia (NBC) governor Chea Serey has lauded the French government for its pivotal role in the expansion of the Kingdom’s financial industry, particularly its robust growth in the microfinance sector.
The Council for the Development of Cambodia (CDC) approved 26 private ventures in September, totalling an investment of $256.65 million, projected to create 27,262 jobs.
The government has disbursed $913.8 million concessional loans in the first half of 2023, which is an increase of 11 per cent compared to the same period in 2022, the Ministry of Economy and Finance announced.
Prime Minister Hun Manet on September 27 clarified to the public that the government has not made a final decision to impose the Capital Gains Tax early next year, as widely reported.
Cambodia Chamber of Commerce (CCC) president Kith Meng has urged the business community in the Mekong region to take advantage of Cambodia’s abundant business and investment potential, as well as its multitude of bilateral and multilateral free trade agreements.
Cambodia has signed an agreement with the Asian Infrastructure Investment Bank (AIIB) on a cooperation financing agreement for a cross-border livestock health and value chain infrastructure improvement project for a total budget of $43 million.
The global economic crisis has reduced Cambodia’s latex export earnings to $273.4 million in the first eight months of 2023, according to the Ministry of Agriculture, Forestry and Fisheries’ General Department of Rubber (GDR).
In a message marking World Tourism Day 2023, themed “Tourism and Green Investment”, Prime Minister Hun Manet expressed his anticipation of a significant increase in the number of both domestic travellers and international arrivals under the Visit Cambodia 2023 campaign
Prime Minister Hun Manet and Chinese leaders would jointly participate in the official opening of the new Chinese-invested Siem Reap-Angkor International Airport on December 1.