Bicycle export earns $278M in first eight months
Cambodia exported $278 million worth of bicycles including electric bicycles in the first eight months of this year, a 30 percent decrease year-on-year compared to the same period last year, a report by the General Department of Customs and Excise showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501570205/bicycle-export-earns-278m-in-first-eight-months/
Over $5 billion investment projects registered in Q3
Cambodia has secured 315 fixed-asset investment projects worth $5.28 billion during the first nine months of this year, a report from the Council for the Development of Cambodia (CDC) showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501570842/over-5-billion-investment-projects-registered-in-q3/
Exports soar to nearly $20 billion in Q3
Cambodia exported goods worth approximately $19.8 billion during the first three quarters of 2024, up 17 percent from $16.9 billion recorded in the same period last year, a report from the General Department of Customs and Excise of Cambodia showed on Thursday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501572159/exports-soar-to-nearly-20-billion-in-q3/
Human rights watch: Cambodian government’s claims of democracy do not reflect reality
Cambodia’s 2023 election year was marked by attacks against government critics and independent media, according to a 2024 global Human Rights Watch (HRW) report published Thursday. ...
Khuon Narim and Leila Goldstein
https://cambojanews.com/human-rights-watch-cambodian-governments-claims-of-democracy-do-not-reflect-reality/
Woori Bank: 30 years of ‘rapid expansion’
Woori Bank, one of South Korea’s leading commercial banks, is set to inject an additional $100 million into its Cambodian operations next year. This “strategic” move is in response to a notable increase in loan demand, aimed at stimulating business activities that slowed during the ...
May Kunmakara
https://www.phnompenhpost.com/business/woori-bank-30-years-rapid-expansion
Cambodia seeks more investment from Europe
Even though Cambodia has attracted more European investors, the number of their investment projects in the country is still small, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501455006/cambodia-seeks-more-investment-from-europe/
Koh Rong int’l airport construction begins
State authorities have confirmed that the earthworks for the first phase of construction of the Koh Rong International Eco-Tourism Airport is now underway on the island. ...
James Whitehead
https://www.khmertimeskh.com/501427850/koh-rong-intl-airport-construction-begins/
Electrical exports bolster economy in 2023, up 50%
Cambodia exported over $3.1 billion in electrical machinery, equipment and related products to the international market in 2023, an increase of more than 50% compared to 2022. The export value of these products constituted nearly 14% of the country’s total exports, as per data from ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-exports-bolster-economy-in-2023-up-50-
Renewable energy to give 70% of power in Cambodia this year
Renewable energy sources will account for nearly 70 percent of Cambodia’s electricity this year, said Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, recently. ...
Manoj Mathew
https://www.khmertimeskh.com/501429249/renewable-energy-to-give-70-of-power-in-cambodia-this-year/
Multimillion dollar investments approved in Sihanoukville
Two projects in Sihanoukville with an investment of nearly $600 million have received incentives from the Council for the Development of Cambodia and are estimated to have a positive impact on the economy of Sihanoukville. ...
Meas Molika
https://kiripost.com/stories/multimillion-dollar-investments-approved-in-sihanoukville
Cambodia’s exports surge 22.7% in first two months
Cambodia’s international trade recorded a growth of 19.2 percent in the first two months of this year compared to the same period last year and reached $8.12 billion. While exports surged 22.7 percent to reach $3.98 billion, imports grew by 16.1 percent to reach $4.13 ...
Manoj Mathew
https://www.khmertimeskh.com/501454157/cambodias-exports-surge-22-7-in-first-two-months/
MoU aims to elevate youth financial literacy
Financial literacy among Cambodia’s youth is slated to receive a boost after an agreement was signed between SOSORO Museum and the Association of Banks in Cambodia (ABC) to enhance youth’s educational awareness about their money affairs. ...
Mao Sreypich
https://kiripost.com/stories/mou-aims-to-elevate-youth-financial-literacy
CDC approves projects worth $2.2 billion in first quarter
The Council for the Development of Cambodia (CDC) approved 106 fixed assets investment and expansion projects worth $2.2 billion in the first three months of this year, a jump of 649 percent over the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501469196/cdc-approves-projects-worth-2-2-billion-in-first-quarter/
Ten investment projects worth over $60 million registered at CDC
Council for the Development of Cambodia (CDC) has decided to issue licences to ten investment projects with a total investment capital of more than $60 million, as of Jan. 15. ...
Khmer Times Staff
https://www.khmertimeskh.com/501425808/ten-investment-projects-worth-over-60-million-registered-at-cdc/
Law to strengthen water transportation sector
A draft law on water transportation has been created to strengthen the sector and find solutions to serve national and international trade, while supporting national economic growth. ...
Chhorn Raksmey
https://kiripost.com/stories/law-to-strengthen-water-transportation-sector
Cambodia’s international trade up 16.7 pct in January
Cambodia’s foreign trade volume hit $4.05 billion in January 2024, up 16.7 percent from $3.47 billion in the same month last year, an official report showed on February 12, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501439008/cambodias-international-trade-up-16-7-pct-in-january/
Cambodia’s rubber exports rise by 123 percent
Amid the fall in global demand, Cambodia earned $121 million from the exports of rubber articles in the first month of this year, an increase of 123.5 percent compared to the same period last year, according to the latest trade data of the General Department ...
Manoj Mathew
https://www.khmertimeskh.com/501440080/cambodias-rubber-exports-rise-by-123-percent/
Cambodia’s investment policy preserves existing investments while fostering new ones; peace and stability are crucial, PM says
Prime Minister Hun Manet stated that the investment policy of the Royal Government of Cambodia is to preserve existing investments while also fostering new ones. ...
Khmer Times Staff
https://www.khmertimeskh.com/501479676/cambodias-investment-policy-preserves-existing-investments-while-fostering-new-ones-peace-and-stability-are-crucial-pm-says/
PM pledges to enhance investment climate
Prime Minister Hun Manet yesterday pledged to enhance the investment climate of Cambodia, in a bid to attract more investments to the country. ...
Chea Vanyuth
https://www.khmertimeskh.com/501479439/pm-pledges-to-enhance-investment-climate/
Business forum to scale up Cambodia-Mexico trade, investment ties
Trade and investment cooperation between Cambodia and Mexico are expected to increase after a business forum which is planned to be organized in Phnom Penh soon. ...
Chea Vanyuth
https://www.khmertimeskh.com/501481587/business-forum-to-scale-up-cambodia-mexico-trade-investment-ties/