Cambodia set to continue export duty incentives in rubber sector

A rubber plantation in Ratanakkiri province’s Bakeo district in June 2020. - Phnom Penh Post/ANN

PHNOM PENH (Phnom Penh Post/ANN): Cambodia is set to offer tax incentives for another two years on rubber exports, starting from January 1, 2024, aiming to encourage cultivation and support growers and exporters in the face of declining prices due to a drop in international demand.

A government sub-decree, endorsed by Prime Minister Hun Manet on November 23 and seen by The Post on Friday (Dec 28), outlined the revised export tariffs on rubber.