Although economic hangovers persisted from 2020 – widely regarded as the worst year for Cambodia’s economic growth in more than two decades – the number of large-scale factories in operation managed to avoid slipping into a downtrend throughout 2021, according to Minister of Industry, Science, ...

Residents made nearly one million domestic trips from February 1-3 during the Lunar New Year holidays, indicating an increase of 6.15 per cent compared to the corresponding period in 2021. The capital was the most popular destination, accounting for about 30 per cent of this ...

Bilateral trade between Cambodia and South Korea reached $195.124 million in the first two months of 2022, a 22.762 per cent surge from $158.945 million in January-February 2021, according to data provided by the Korea International Trade Association (KITA) on March 21.   ...

Cambodia’s microfinance sector recorded over 20 percent growth both in terms of loans and deposits by the end of 2022 compared to the same period in 2021, despite the Covid-19 pandemic and the war in Ukraine, according to the Cambodia Microfinance Association (CMA). ...

Prime Minister Hun Sen on Monday issued a sub-decree for the complete implementation of Cambodia’s new Law on Investment – which has been in force since October 15, 2021 – to attract and boost both local and foreign direct investment in the country, said a ...

The consolidated net profits after tax of the Royal Group Phnom Penh Special Economic Zone (PPSP) of the conglomerate Royal Group of Companies have decreased 95.21 percent to about $0.18 million in the last quarter of 2022 compared to over $3.82 million in the same ...

International tourism receipts clocked in at $1.415 billion last year, marking a 7.690-fold increase over $184 million in 2021, albeit still a 71.2 per cent decrease from 2019’s record $4.919 billion, according to the Ministry of Tourism’s Tourism Indicators 2022 report. ...

The Association of Banks in Cambodia (ABC) and Expert Leadership Innovation Exchange Organization (ELIX) are joining hands to promote digital literacy and capacity building, in support of the government’s policies on the Fourth Industrial Resolution (Industry 4.0) as well as the “Cambodia Digital Economy and ...

Prime Minister Hun Sen recently predicted that the country’s economy may contract 1.9 percent this year due to the COVID-19 pandemic. In a circular on budget planning for 2021-2023, he said Cambodia has recorded a strong fall in demand from its trading partners. ...

The Ministry of Post and Telecommunications (MPTC) has asked the nations’ telecom operators to connect to its Data Management Centre (DMC) by January 1, 2021. Based on the telecom laws, all operators and stakeholders involved in telecom must provide data service information to the MPTC. ...

The Cambodia-Australia Consumer Protection Partnership will launch in 2021 with Australia having agreed to station a consumer protection technical official in the Kingdom following a request by the Ministry of Commerce. This will allow the sharing of expertise and experience towards the enhancement of work ...

The Ministry of Environment awarded rights to ticket sales at Kirirom National Park and the Prek Toal bird sanctuary to locally-owned firm Lim Sok Cheng for 2021. Kirirom National Park covers 8,401ha in Kampong Speu province and is 44km from the provincial capital of the ...

Mr. Thong Khon, Minister of Tourism, said that the number of domestic tourists in the first weekend of October (October 2-03, 2021) reached 116,819, of which 113,856 were domestic tourists while the rest were international guests, most of whom are already residing in Cambodia. ...

The bilateral trade volume between Cambodia and Vietnam topped $6 billion in the first seven months of 2021, more than doubling over the same period last year even, as both countries amp up their battles against the novel coronavirus and its more virulent variants. ...

The US remained the biggest market for Cambodia’s export products in 2021 despite the Covid-19 pandemic. Cambodia’s eight-month exports to the US increased sharply although some products were made without the Generalised System of Preference (GSP), which means tariffs would have been paid. ...

Even as a shipping-container shortage and rising transportation costs stymie the growth of milled rice exports to European and other Western markets, Cambodia managed to ship out 3,119,829 tonnes of the crop abroad, worth $957.30 million, in the first 10 months of 2021, according to ...

Responding to rumours that the Royal Government plans to close Phnom Penh or close the country after the spread of Omicron, PM Hun Sen has declared that there is no need to for closure like in 2021 due to the high vaccination rate. ...

Cambodia Human Rights Committee (CHRC) did not speak on the Myanmar crisis but instead focused on Asean’s Human Rights Achievement 2021 and strategic plans on the first day of the ASEAN Intergovernmental Commission on Human Rights (AICHR) 34th meeting being held via videoconference from yesterday ...

The National Election Committee (NEC) began distributing invitations to the more than nine million people on the 2021 official voter list on September 20. From October 20, they will have one month to make sure their details are correct so they can participate in next ...