Cambodia and Hungary on May 27 reaffirmed their vows to strengthen and further develop economic and trade cooperation after a reported dip in trade last year pinned on the global Covid-19 crisis. ...

The World Bank has projected Cambodia’s economic growth will increase to 5.2 percent in 2023, aided by rising domestic consumption but slowed by slowing global trade growth ...

Japan’s global enterprise Toyota Tsusho Corporation (Toyota Tsusho) plans to establish another factory to produce automotive wire harness in Cambodia, said the Council for the Development of Cambodia (CDC) in a statement. ...

The Ministry of Economy and Finance’s review report on budget implementation in the first half of 2023 projected Cambodian economic growth at 5.6 percent this year amidst external factors that affected global growth. ...

Cambodia’s trade turnover with global partners topped $19.2 billion in the first five months this year, a 14 per cent year on year (YoY) decline, government statistics show. ...

Chinese President Xi Jinping’s proposal to work together for another “golden 30 years” of the Asia-Pacific is crucial in the current global context, a Cambodian expert has said. ...

Cambodia has topped a recent global index produced by the UK-based business publication, fDi Intelligence. ...

Before the big dinner with Hillary Clinton, Prime Minister Hun Sen and the leaders of Thailand and Myanmar on July 13 in Siem Reap, Tom Whitcraft of RMA Group, which owns the Ford dealership in Cambodia, sat down for an interview. Whitcraft said Ford has about ...

Cambodia’s economic policies are relatively liberal for the region, and its investment and trade regimes remain attractive. However, being a small and open economy, Cambodia is susceptible to external changes and shocks. Global trade growth slowed in the second half of 2022 and further deceleration ...

The Thai government’s plan to implement a minimum price for Thailand’s rice growers next month is expected to push up paddy prices for Cambodian farmers during the upcoming harvest, agriculture experts said yesterday Agriculture experts said rice paddy prices in Cambodia would likely increase due to ...

One garment worker was killed and 30 others seriously injured on Wednesday when the truck in which they were travelling crashed in Kandal province’s Ang Snuol district, a police official said yesterday. Free Trade Union (FTU) President Chea Mony said all 58 women were workers ...

A conservationist group said on Wednesday that a recent Ramsar site status for Cambodia’s Stung Sen wetland is crucial to help protect the habitat of a number of globally near-threatened species. The rich and biologically diverse Stung Sen wetland has been designated as a unique ...

Better branding of Cambodian products is essential as major global brands inundate the domestic market and local producers look to compete in international markets, panellists said Wednesday evening during an industry forum in Phnom Penh. Var Roth San, an adviser to the Ministry of Commerce, said ...

A leading global provider of financial services technology solutions, today announced that ACLEDA Bank Plc. (ACLEDA), the largest bank in Cambodia, has extended its ACLEDA Unity mobile banking and payments service to new, untapped consumer segments using Mobiliti Reach™ from Fiserv. The bank, which has ...

The Commerce Minister said yesterday that China is a potential market for Cambodia’s garment exports and some other agricultural products while the traditional big markets of Europe and the United States are experiencing an economic slowdown. Cham Prasidh said at the sidelines of the Cambodia-China Trade ...

Toyota Motor Corp, the world’s largest automaker, is planning to expand their operations in Cambodia as well as other emerging markets. The move is a push to attract new first time-buyers of automobiles and get about half of global sales from the emerging markets. Toyota plans to ...

The literacy NGO Sipar is set to expand its fleet of mobile libraries and place a new focus on teaching the country’s youth about road safety as part of its partnership with global gas giant Total. A “Safety” library—the 10th in Sipar’s fleet—will join nine other ...

Shortly after a speech in New York by US President Barack Obama, in which he applauded the efforts of human rights defenders, Cambodian Foreign Minister Hor Namhong says his country is making progress. Obama acknowledged the work of two Cambodian rights activist during a speech at ...

As world leaders vowed to dramatically step up the global response to the Ebola virus this week, the Cambodian government sought to reassure investors that they are making adequate preparations to contain an outbreak in the Kingdom. Speaking at an American Chamber of Commerce luncheon yesterday, ...

Bangkok Bank’s international business this quarter is expected to witness a slowdown due to global market uncertainty, while Vietnam, which is an important market for BBL, has been sidelined by currency woes. Cambodia has some 40 banks, 10 of which are foreign. Given the size ...