Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...

The National Assembly (NA) of Cambodia, through the Committee on Foreign Affairs, Cooperation, and Information in collaboration with the Asian Vision Institute (AVI), held a seminar on “Cambodia-Europe Relations in Regional Connection and Peace” at the National Assembly on Friday. ...

The SME Bank of Cambodia and the Cambodia Cashew Federation have signed a Memorandum of Understanding to promote the cashew processing sector and boost the export of Cambodian processed cashew nuts to international markets. ...

The Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank), loan terms for tourism vendors in Siem Reap Province will be loosened from the beginning of 2024 to encourage more uptake of funds exclusively by Siem Reap-based entities to bolster the sector’s return to ...

The Cambodia Development Cooperation Board of the Council for the Development of Cambodia (CDCB/CDC) and the Korea International Cooperation Agency (KOICA) held here at the CDC’s headquarters on Jan. 25 their “first bilateral meeting in 2024” to boost development cooperation and partnership between the two ...

The Presidents of the Solidarity Front for the Development of Cambodian Motherland (SFDCM), the Lao Front for National Construction (LFNC), and the Vietnam Fatherland Front (VFF) gathered at their 5th conference in Vientiane on April 9. ...

Cambodia exported $903 million worth of goods to the European Union (EU) up 11.9 percent from the $807 million in the same period last year, a report of the General Department of Customs and Excise revealed. ...

The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...

A delegation from the International Silk Union (ISU) and the Cathaya Group, a Chinese company specialised in silk textiles and biotechnology, met with the Council for the Development of Cambodia (CDC) on Monday to discuss the possibility of expanding investment projects in the silk and ...

Cambodia is staring at an acute skills shortage in the electric vehicle sector even as it is getting ready to release the ‘National Policy on the Development of Electric Vehicles (EVs) 2024-2030’ soon. ...

Private sector working groups (PSWGs) of the Government-Private Sector Forum have said that they have increased their activities to facilitate better trade in Cambodia. ...

Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...

The Cambodian government aims to increase the number of electric vehicles (EVs) in its inventory to 30,000 by 2030 according to the National Policy on the Development of EVs 2024-2030, which was released on Thursday. ...

The Ministry of Agriculture, Forestry and Fisheries has announced that a delegation from Zhengzhou, the capital of China’s Henan province, has expressed interest in Cambodian products, including “high-quality and delicious rice”, and intend to process them for export to Chinese and international markets. ...

The government has shared several of the ways it is actively promoting the Kingdom’s potential for foreign investment and working to boost exports to international markets, as domestic production capacity continues to grow. ...

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, successfully raised $5.2 million in an initial public offering that was more than 1.4 times oversubscribed, its underwriter said yesterday.Subscription for 4.1 million shares, a 20 per cent stake, of the port ...

In his first public speech following this week’s ASEAN summit, Prime Minister Hun Sen offered lavish praise for China’s financial largesse and congratulations for its newly appointed Communist Party heads. Speaking to thousands of villagers during a ceremony to inaugurate National Road 8 in Prey ...

Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).”   ...

Public and private educational institutions across Cambodia reopened their doors on November 1 after being closed since March due to the Covid-19 pandemic, while Prime Minister Hun Sen made it clear that high school diploma exams would be taking place this year and students will ...

Phnom Penh City Hall has estimated it could receive about $6 million in revenue next year from property tax collection, which started recently. City Hall released some tax calculation methods on its website last week and said that “based on the estimation of the technical ...