Cambodia’s border reopening is a boost to its tourism industry, which is an important contributor to the economy, behind the textile and garment manufacturing sector.
In October 2021, Cambodia’s Law on Competition came into effect, marking the country’s first-ever anti-trust law following 15 years of deliberations and delays.
Cambodia has officially delayed its planned implementation of capital gains tax to January 1, 2024.
Cambodia’s Prakas 542 provides the rules for implementing a value-added tax on non-resident foreign e-commerce suppliers.
Cambodia has extended the deadline for the foreign employee quota application to January 31, 2022, two months after the original deadline.
Cambodia has made several amendments to the Labor Law. These include new mechanisms to settle individual labor disputes and new provisions on work shifts.
Cambodia has issued its tenth round of stimulus measures to help specific industries mitigate the economic impact caused by the ongoing pandemic.
The Cambodian government is working to transform Sihanoukville province, also known as Preah Sihanouk province, into a multi-purpose special economic zone.
Cambodia will increase the minimum wage for the garment, textile, and footwear industries for 2022.
In March 2021, Cambodia introduced Sub-Decree 32 which implements a new pension scheme in the country.