The Kingdom’s local trade finance market currently stands at $1.6 billion and improving access to affordable trade finance could increase imports and exports by up to nine percent, according to the latest study conducted by the International Finance Corporation (IFC). ...

Cambodia’s bicycle export fell 43 percent year on year in the first quarter of 2024, said a General Department of Customs and Excise’s report on Tuesday. ...

The red corn production in 2024 increased to nearly 1.7 million tonnes compared to 1.5 million tonnes last year, reported the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday. ...

The new Phnom Penh airport, Techo International Airport’s (TIA) $1.5 billion phase one is 78 percent complete as of June 24, with $1.13 billion used so far, according to joint venture firm Cambodia Airport Investment Co Ltd (CAIC) on Monday. ...

A senior official at the Ministry of Labour said that as of June, 2024, there were approximately 1.3 million Cambodian migrant workers living abroad, with most of them located in Thailand and South Korea. ...

One of the cardinal reasons behind the Royal Government of Cambodia’s (RGC) confidence to transform the Kingdom into a high-middle-income country by 2030 and a high-income country by 2050 stems essentially from the government’s ambition to boost rice exports to 1 million tonne by 2025. ...

A total of 53 new and expansion investment projects with a combined value of over $1 billion were approved by the government in August. These projects aim to enhance domestic production capacity and boost the export of Cambodian-made goods to international markets. ...

Kata On, Secretary of State and Spokesman of the Ministry of Labour and Vocational Training, yesterday stated that the National Social Security Fund (NSSF) has expanded the scope of healthcare to partner with more than1573 healthcare facilities across 25 capitals and provinces. ...

A group of businessmen from China’s Hunan province will today sign agreements to invest $1.3 billion in the Kingdom. The commitment was made during a meeting between Foreign Affairs Minister Prak Sokhonn and Du Jiahao, a member of the CPC Central Committee and secretary of ...

Preah Sihanouk Provincial Hall will demolish more than 1,000 illegally built shophouses and homes along the banks of canals and on the sidewalks in Sihanoukville to facilitate flood mitigation projects. ...

Traffic police have fined more than 72,000 offenders since the new Road Traffic Law was strictly enforced from May 1 up to Monday. ...

The Japanese government yesterday agreed to provide $968,390 to two organisations involved in improving medical care and promoting education in Cambodia. ...

In 2020, the Ministry of Information identified sources of objectionable or illegal material on social media including fake news and disinformation, various incitements, unfair criticism of the nation’s leadership and insults to the King totalling 1,343 cases. ...

The Kingdom’s balance of payments (BOP) saw a 1.7 percent surplus compared with its gross domestic product (GDP) in 2020 with growth supported by the in-flow of foreign direct investments and exports, according to a report from the National Bank of Cambodia (NBC). ...

Just under 1,500 people received the Sinopharm COVID-19 vaccine in Cambodia between Wednesday and Friday last week, according to a three-day report from the Ministry of Health. ...

The Kingdom’s banking and financial institutions have restructured 22.2 trillion riel ($5.5 billion) in loans for 367,239 borrowers in the first half of this year, to ease the burden on the public as the ongoing coronavirus outbreak dampens economic activity, according to the National Bank ...

The General Department of Taxation (GDT) collected more than 1.5 billion in tax revenue in the first semester of this year.​ ...

Prime Minister Hun Sen has announced the reopening of the country in all sectors starting November 1. ...

The government will start implementing the e-commerce value-added tax (VAT) from April 1, as the General Department of Taxation (GDT) updates a variety of technology systems for taxpayers.   ...

The South  Korean government has pledged an additional concession loan package of $1.2 billion to finance a number of priority projects in Cambodia. ...