Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...

The registration of voters for the year 2023 will take place from Oct. 1 to 19 at the communes/Sangkat across the country, announced the National Election Committee (NEC) in a meeting with stakeholders held at the NEC’s headquarters in Phnom Penh this morning. ...

The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...

With the expectation of attracting around 4 million international and 15 million domestic tourists this year, Cambodia expects the tourism sector to generate about $4 billion. ...

With the growing effects of climate change increasingly a major concern globally, balancing economic activities with environmental considerations has never been more urgent. ...

Cambodia’s economy is forecast to grow at 5.5 percent in 2023 and 6 percent in 2024, due to a stronger tourist rebound and faster growth in the services sector, according to a report by Asian Development Bank (ADB). ...

Cambodia’s first premium seaplane service is slated to start operations in late-2023 to early-2024, initially connecting Phnom Penh with locations within a 1.5-hour flying time. ...

The Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) recorded a total revenue of almost $64 million throughout the 2023 year, marking an increase of 137 percent compared to 2022 annual revenues, says the Cambodia Securities Exchange (CSX). ...

The Royal Government of Cambodia (RGC) is set to prepare and launch the informal economy policy before the end of 2023 to develop and upgrade the informal sector in a management system under the formal economy, said a top official of the Ministry of Economy ...

Cambodia’s general government gross debt (GGGD) is projected to reach 37.5 per cent of GDP (gross domestic product) in 2023 – up from 36.5 per cent in 2022 – which, although marking the highest rate since 42.7 per cent in 2004, is lower than that ...

Cambodia will spend nearly $60 billion under the National Strategic Development Plan 2019-2023 and 75 percent of the funding will come from development partners. ...

Kandal provincial governor Kong Sophorn yesterday promised to provide clean and safe water access for all by 2023. Currently, around 81 percent of households in the province have access. Speaking during a press conference held at the Council of Ministers, Mr Sophorn said people across ...

Cambodia and China are committed to increasing bilateral trade to $10 billion by 2023, from $8 billion last year, according to a senior official at the Cambodian Ministry of Commerce. ...

Japan wants Cambodia to hold next year’s general election in a democratic way, Foreign Minister Yoshimasa Hayashi told the heir apparent of Cambodian Prime Minister Hun Sen, Hun Manet on Monday. ...

The government has revised down its 2023 growth forecast for the Cambodian economy to 5.6 per cent versus the 6.6 per cent it put forth in October, citing uncertainty about global economic growth tied to the Ukraine conflict, climate change and the Covid-19 crisis. ...

The Ministry of Education, Youth and Sport has pledged to increase public school teachers’ wages to a minimum of 1.5 million riel by next year ...

Cambodia’s unemployment rate is expected to decline to 0.3 percent in 2023 from 0.4 percent last year, according to the latest figures released on Sunday by the labour ministry based on the data of the United Nations agency International Labour Organisation (ILO). ...

Cambodian economic growth for 2023 is expected to be 6.6 per cent higher than the of the current gross domestic product of 32,291 million. GDP per capita is predicted to rise to $1,924, from the current figure of $1,785, according to the outcome of an ...

World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...

The CAPFISH-Capture: Post-harvest Development project team in Cambodia received the 2023 Gender Equality Mobilisation Award (GEM Award) at the United Nations Industrial Development Organisation (UNIDO)’s General Conference on Tuesday in Vienna, Austria. ...