Cambodia and Timor-Leste have co-signed a memorandum of understanding (MoU), following the conclusion of bilateral talks on a pledge to open markets for trade of goods and services. ...

In the first two months of 2023, Cambodia exported nearly 100,000 tonnes of milled rice worth $72.67 million to 38 markets through 40 milled rice export companies, according to a report from the Cambodia Rice Federation (CRF). ...

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. ...

Loans issued by the state-run Agriculture and Rural Development Bank (ARDB) have contributed towards stabilising the market price of rice apart from enhancing processing facilities and boosting exports, according to Aun Pornmoniroth, the Deputy Prime Minister and Minister of Economy and Finance. ...

The US emerged as the leading buyer of Cambodian exports in the first month of 2024, with purchases nearing $630 million, approximately a third of the country’s total exports to the global market, as reported by the General Department of Customs and Excise (GDCE). ...

Cambodia’s commitment and efforts in unleashing the broader ASEAN market and beyond cropped up for discussion on Monday evening during the cocktail networking event of the Cambodia-ASEAN Business Summit (CABS) at Sofitel Phnom Penh Phokeethra in the capital. ...

Prime Minister Hun Manet has asked all tyre factories in the country to use domestic rubber as raw material inputs, creating a market for rubber plantation farmers even as two more tyre factory projects have received in-principle approval for investment in Cambodia. ...

A fertiliser company that has been approved to do billions of dollars’ worth of business in Cambodia, and is presumed to be based in the United Kingdom, is in fact affiliated with domestic conglomerate Royal Group, an insider has confirmed. Nitrogen Chemicals and Fertiliser (Cambodia) Ltd ...

Phnom Penh is making a comeback after years of sluggishness and weak demand in the property sector, real estate agents said. Rose Condominiums, a project in Chamkar Mon district consisting of eight 28 and 29-story towers holding more than 350 units, has already sold out ahead ...

An ethanol plant planned for Cambodia’s Banteay Meanchey province would push local production of the crop, as well as decreased reliance on foreign markets, officials and cassava farmers said yesterday. Construction on the joint venture between a Chinese firm and Cambodia’s National Company for Development will ...

While Cambodia’s Moody’s rating is still at the same B2 level as last year, its economic growth has been downgraded two points from 2015, with the international credit rating agency warning that the Kingdom’s rapid pace of credit growth could pose financial stability risks. “The pace ...

The Cambodia Rice Federation (CRF) hopes to export around 200,000 tons of milled rice a year to Indonesia, which is one of the biggest rice markets in Asean. This comes after the CRF announced late last month that it will not join the bid to ...

Contract farming between community producers and rice millers or buyers brings growers great benefits, with an expanded market and more favourable prices, industry insiders have said. Contract farming refers to an agreement between a company and an agricultural community regarding prices, quantities and standards of quality. ...

Pharmaceutical giant Thai Nakorn Patana plans to invest $30 million over the next two years in a three- to four-star hotel in Phnom Penh, as it hopes to cash in on the lack of big names in the capital’s mid-tier hotels market. For the new 200-room ...

Total fixed assets of Singaporean investment in Cambodia last year reached $82.7 million, a 500 per cent increase from $13.8 million in 2011, data from the Council for the Development of Cambodia (CDC) show. Singaporean entrepreneurs who have already entered the Cambodian market said they expect ...

New scheduled flights between Sihanoukville and Phnom Penh will probably be launched soon, and Sihanoukville-Siem Reap flights will operate daily instead of three times a week, an industry leader says. These changes by Cambodia Angkor Air had a “high chance” of taking off in April to ...

Cambodian Prime Minister Hun Sen said Wednesday that the government would intervene to stem the riel’s sharp rise against the US dollar in recent days. “The Cambodian riel has been rising for several days,” he told a land-distribution ceremony in Oral district in Kampong Speu province, ...

ASEAN says it will study how to implement a proposed economic partnership with its six external partners that might lead to the foundation of world’s largest economic bloc. The proposed bloc, dubbed the Regional Comprehensive Economic Partnership (RCEP) or “ASEAN+6” , would integrate ASEAN’s 10 ...

Local food producer Ly Ly Food Industry had invested about $1 million for a Chinese-made machine to improve production and food quality as it prepared for the coming regional economic community, the company’s owner said yesterday. Keo Mom said a tremendous amount of goods from neighbouring ...

The Cambodian government and rice exporters have dismissed allegations that rice exports to the European Union (EU) countries are contaminated with rice from Vietnam. Commerce Ministry representative told local sources that while it is true that some Cambodia rice is processed in Vietnam to match ...