Australia plans to provide about A$90 million (US$66 million) in funding to Cambodia for a new bilateral project dubbed “Resilience Economic Development”, according to the Council for the Development of Cambodia (CDC) on September 15. ...

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 ...

Bilateral trade between Cambodia and South Korea in the first 10 months of 2021 was worth $791.59 million, down by 10.6 per cent from $885.32 million in the same period in 2020, as the prolonged Covid-19 community transmission continues to take its toll. ...

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 15 projects with capital investment of nearly $550 million in the first two weeks of this month, which could reportedly generate 13,952 new jobs in fields such as car assembly, power ...

The Council for the Development of Cambodia (CDC) on April 29 announced that it had greenlit final registration certificates for three projects in textile-linked sectors with total capital investment of nearly $19 million that are expected to create 2,005 jobs. ...

A $20 million agreement has been signed to boost climate resilience in Cambodia and the sustainability of marine and coastal fisheries. ...

An unnamed special economic zone (SEZ) is set to break ground on a one-million square metre plot in Kampong Cham province’s Cheung Prey district “soon”, according to provincial governor Un Chanda. The governor revealed this to the media on January 9 on the sidelines of a ...

The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...

Cambodia earned $900 million from the export of bicycles in 2022, which is an increase of 43 percent over the $631 million reported for 2021, according to a report by the ministry of Commerce. ...

Cambodia earned $917.37 million from the exports of rice and paddy in the first seven months of the year, according to a report by the Cambodia Rice Federation (CRF), recently. ...

A global smart energy solutions firm, Chinese-owned CHINT Group Co Ltd, is leveraging the Kingdom’s energy production capacity to support the rapid demand growth for medium-voltage power equipment in the country, as well as Thailand, Laos and myanmar. ...

Cambodia has signed new concessional loans with development partners totaling $787 million in the first six months of 2023, an increase of 24 percent compared to the same period last year. ...

Prime minister Hun manet said the state has saved over $200 million through the suspension of non-urgent research and case study projects. He has directed the funding towards more pressing target, such as the expansion of social protection and disaster relief. ...

Cambodia has received $140 million in loans from the Asian Development Bank (ADB) to boost labour development to transform the country into a technology-driven, knowledge-based industrial economy while enhancing public service delivery by local administrations through public finance and decentralisation reforms. ...

Cambodia is in the process of registering a unique national domain name (.kh) that is expected to add an additional $10 million in revenue annually to the nation’s coffers, according to the ministry of Posts and Telecommunications (mPTC). ...

The Council for the Development of Cambodia has approved a $17-million tourism development project in Kep province. ...

Cambodia and Japan have signed an agreement for Tokyo to provide up to $383 million in loans to expand Sihanoukville Autonomous Port’s terminal capability. ...

The government has approved maritime City Co Ltd’s proposal to build and operate a $164.4 million development in Preah Sihanouk province comprising a 582-room five-star hotel, a commercial centre and entertainment facilities. ...

The Green Climate Fund (GCF) has approved a $43 million project to enhance the adaptive capacity of smallholder farmers, local communities and other value chain actors of the Northern Tonle Sap Basin to cope with the increasing threats of climate change in the Kingdom. ...

Tourism leaders remain confident the sector will further rebound in 2023, attracting three million international arrivals. ...