Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2 ...

The continuous reform of tax procedures and understanding taxpayers have helped the tax revenue increase steadily, industry observers say. ...

Remittances from Cambodian migrant workers have continued to rise, totalling $2,630 million in 2021, an increase of 11.4 percent compared to 2018, figures from the Ministry of Labor and Vocational Training showed yesterday. The remittances are set to increase this year. ...

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) totalled $2.069 billion in the first 10 months of 2022, marking a 17.09 per cent rise year-on-year from $1.767 billion, according to statistics posted by the operator at the weekend. ...

Cambodia and the US traded goods worth $8.510 billion in the first 11 months of 2022, marking gains of 21.79 per cent on-year, with Cambodian exports to the world’s largest economy accounting for a 96.56 per cent share, according to the General Department of Customs ...

The number of foreign tourists to Cambodia in 2022 rose by 1,059 percent to 2.28 million, the Ministry of Tourism’s report showed on Tuesday. ...

China Foundation for Rural Development (CFRD) on Friday donated 2,024 bicycles to Cambodian primary schools so that they can distribute them to underprivileged students. ...

Foreign direct investment (FDI) from the Republic of Korea ranks second in the Kingdom, where over 40 percent of its total capital went into banking and financial sectors, said Park Jung-Wook, Korean Ambassador to Cambodia. ...

Cambodia’s economic growth is forecast to strengthen in 2024 with continued moderating inflation, said an ASEAN+3 Macroeconomic Research Office (AMRO)’s regional economic outlook released on Monday. ...

Cambodia’s fresh cassava market appears robust, which has seen significant growth in exports – up over 160 percent in the first three quarters of 2024. ...

The USAID and the Swedish Embassy today donated more than $2 million to the Arbitration Council Foundation to further enhance the Kingdom’s labour relations and dispute resolution services. ...

The French Development Agency (AFD) has provided an additional €2 million ($2.19 million) to the ECOMORE II project, to assist Cambodia and the regions direct response to the COVID-19 epidemic. ...

The Council for the Development of Cambodia (CDC) has approved a new garment factory in Kandal province. Auspicious Bag and Shoes Accessories Co  Ltd is investing $2.4 million in the project at Kraing Makak in Ang Snuol district. ...

In an effort to restore natural habitat, Land Management Minister Chea Sophara yesterday began a crackdown against encroachments in Tonle Sap lake’s flooded forest and seized back more than 2,000 hectares in Kampong Chhnang province. ...

Prime Minister Hun Sen is set to receive 2.3 million doses of Pfizer vaccine, provided by the Government of Australia this evening. ...

Officials from the Ministry of Tourism and Preah Sihanouk Provincial Administration led a delegation from the 16th World Congress of the World-Bays Club to plant 2,388 mangrove tree saplings on December 11 in Prey Nop district.203; ...

Norwegian People Aid (NPA), a Norway-based non-governmental organisation, signed a partnership cooperation agreement with Cambodian Mine Action Centre (CMAC) with a grant of $2.1 million for demining activities. ...

Amid economic improvement with rising foreign visitors, Cambodia’s tourism recovery is expected to improve in 2023 pushing GDP to 6.2 percent.   ...

German President Frank-Walter Steinmeier’s visit to Cambodia could give renewed impetus towards the consolidation of bilateral relations between the two countries as well as to the two-way goods trade, which was valued at nearly $1.25 billion in 2022, expanding by almost one-fifth on a yearly ...

Cambodia has unveiled plans to expand the automotive and electronics sectors in the next three years by pumping more than $2 billion into the industries, generating about 26,000 new jobs. ...