by Teuvo Tuomi | Sep 23, 2024 | News, ASEAN, Cambodia
In a surprising move, the Cambodian government says it will withdraw from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) agreement. Cambodia’s leaders Prime Minister Hun Manet and former Prime Minister Hun Sen explain that the move is aimed to disarm...
by Teuvo Tuomi | Sep 11, 2024 | Cambodia, Business, Economy, Investment, News
According to the Council for the Development of Cambodia (CDC), the government approved 46 new projects and 7 production expansion projects in August, with a total investment of more than $1.2 billion, creating around 33,000 jobs. These projects aim to enhance...
by Teuvo Tuomi | Aug 31, 2024 | Cambodia, Business, Economy, News, Reports
From September 2023 to August 2024, the Council for the Development of Cambodia (CDC) approved 391 new and expanded projects. This amounts to over $7.5 billion in investment, created about 340,000 jobs. This is also an increase of 168 projects over the previous year....
by Teuvo Tuomi | Aug 28, 2024 | Cambodia, News, Tourism, Travel
To boost tourism, Cambodia’s Angkor Institute has eliminated tourist information requirements such as photos, nationality, age and gender for one-day Angkor Wat entry tickets. The changes will be effective from the end of September 2024. Get more details by...
by Teuvo Tuomi | Aug 25, 2024 | Cambodia, Economy, News, Thailand, Trade
Cambodia and Thailand aim to push bilateral trade to 15 USD billion by 2025, according to a senior official of Thailand’s Ministry of Commerce. Data from the Thai commerce ministry shows that in the first half of 2024, two-way trade between Cambodia and Thailand was...
by Teuvo Tuomi | Aug 24, 2024 | Cambodia, News, Tourism, Travel
Cambodia’s Prime Minister Hun Manet has decided to extend the tax exemption for tourism business in Siem Reap for one more year. This applies for all types of monthly taxes, except VAT and income tax. “In order to continue to help ease the burden of operators in...
