Economy and commerce

Cambodia, Malaysia trade rises 35%

Trade between Cambodia and Malaysia reached $715 million in the January to October period this year, a jump of 35.3 percent compared to the same period last year, according to the data of the General Department of Customs and Excise (GDCE) released recently. ...

Manoj Mathew
https://www.khmertimeskh.com/501594560/cambodia-malaysia-trade-rises-35/

Stronger Japanese direct investment sought with business matching event

Cambodia is optimistic about attracting additional direct investment from Japan, following a meeting between major Cambodian business leaders and Japanese financiers to explore the business climate and partnership opportunities across various sectors. ...

Hin Pisei
https://www.phnompenhpost.com/business/stronger-japanese-direct-investment-sought-with-business-matching-event

Four new government digital products launched

The government has officially recognised four Digital Government Products (DGPs) developed by the Ministry of Post and Telecommunications, while highlighting their diverse functionalities and benefits. ...

Hong Raksmey
https://www.phnompenhpost.com/national/four-new-government-digital-products-launched

Govt highlights success of border projects, national unity

As the government under Prime Minister Hun Manet enters the first quarter of its second year in power, it has highlighted its achievements, with a particular emphasis on border initiatives and the ongoing northeastern border provinces tour. ...

Ben Sokhean
https://www.khmertimeskh.com/501594024/govt-highlights-success-of-border-projects-national-unity/

Cambodia stands ready to contribute to regional peace, says PM

Hun Manet, Prime Minister of the Kingdom of Cambodia, has reaffirmed the Kingdom’s readiness to contribute to peace across the region. ...

Khmer Times Staff
https://www.khmertimeskh.com/501594214/cambodia-stands-ready-to-contribute-to-regional-peace-says-pm/

Phnom Penh Autonomous Port nets $34 million in 10 months

Public-listed Phnom Penh Autonomous Port (PPAP) netted a revenue of $34.47 million in the January to October period in 2024, a rise of 18 percent compared to the same period last year, according to a recent report it filed with the Cambodia Securities Exchange (CSX). ...

Manoj Mathew
https://www.khmertimeskh.com/501593980/phnom-penh-autonomous-port-nets-34-million-in-10-months/

Cambodia, UK discuss ways to enhance private investment

The Council for the Development of Cambodia (CDC) and the Department of Business & Trade (DBT) of the United Kingdom held a roundtable meeting to discuss mechanisms to improve the investment climate for British private companies. ...

Nhean Chamrong
https://www.khmertimeskh.com/501593978/cambodia-uk-discuss-ways-to-enhance-private-investment/

US economic policy changes likely to impact Cambodia’s trade

A recent analysis by CBRE Cambodia highlights the potential risks and opportunities for Cambodia’s upcoming trade and investment trends as US President-elect Donald Trump and his administration gear up to take office for the second term as US President. ...

James Whitehead
https://www.khmertimeskh.com/501593975/us-economic-policy-changes-likely-to-impact-cambodias-trade/

Cambodia needs $36B for large scale infra development

Cambodia needs an investment capital of around $36 billion to implement the master plan for infrastructure developments in short- and medium-term projects 2023-2027 and long-term projects 2028-2033, according to a report by the Ministry of Public Works and Transport.​​ ...

Sum Manet
https://www.khmertimeskh.com/501593982/cambodia-needs-36b-for-large-scale-infra-development/

Cambodia has 1,273 Chinese-invested factories worth $9B

As of October 2024, Cambodia has a total of 1,273 factories invested by Chinese investors, totaling $9.08 billion, which represents 45.49 percent of the country’s overall investment capital. ...

Chea Vanyuth
https://www.khmertimeskh.com/501586372/cambodia-has-1273-chinese-invested-factories-worth-9b/

US remains Cambodia’s number one export market in 10 months

In the first ten months, the United States remained Cambodia’s number one export market, while Vietnam at number two, according to a data released by the General Department of Customs and Excise (GDCE). ...

Sum Manet
https://www.khmertimeskh.com/501593580/us-remains-cambodias-number-one-export-market-in-10-months/

PM says Kingdom provides safe investment environment

Prime Minister Hun Manet yesterday assured foreign investors that their investments are safe in Cambodia, as it provides a stable environment for businesses. ...

Mom Kunthea
https://www.khmertimeskh.com/501590518/pm-says-kingdom-provides-safe-investment-environment/

Jan-Oct garment exports exceed 2023 totals

The value of Cambodia’s garment exports reached over $9.33 billion in the first 10 months of 2024, surpassing the total export value of garments in 2023. ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-oct-garment-exports-exceed-2023-totals-

Kingdom pushes fintech strategic plan

The Non-Bank Financial Services Authority (NBFSA), the Private Sector Working Group and Cambodia Chamber of Commerce (CCC) joined hands last Friday to organise a consultative workshop on the development of a ‘Financial Technology (Fintech) Strategic Development Plan’ for the non-bank financial sector from 2024 to ...

Chea Vanyuth
https://www.khmertimeskh.com/501589344/kingdom-pushes-fintech-strategic-plan/

PM Hun Manet holds fruitful meetings in Kunming, China

Prime Minister Hun Manet held fruitful meetings in Kunming, Yunnan province, China, where he met with the Governor of Yunnan, leaders from Vietnam and Myanmar, business representatives, and Cambodian students studying in Yunnan. ...

Khmer Times Staff
https://www.khmertimeskh.com/501589410/pm-hun-manet-holds-fruitful-meetings-in-kunming-china/

NBC chief urges SMEs to adopt digital tools

Chea Serey, Governor of the National Bank of Cambodia (NBC), on Thursday urged the owners of small and medium enterprises (SMEs) to adopt digital tools to expand their financial and market access. ...

Nhean Chamrong
https://www.khmertimeskh.com/501589326/nbc-chief-urges-smes-to-adopt-digital-tools/

Government plans to borrow $2.6 billion from DPs in 2025

The Government of Cambodia will borrow $2.6 billion from various development partners (DPs) in 2025 for financing public investment projects, especially to support long-term sustainable economic growth and increase economic productivity, according to the Draft Law on Finance Management 2025. ...

Sum Manet
https://www.khmertimeskh.com/501589356/government-plans-to-borrow-2-6-billion-from-dps-in-2025/

NBC seeks riel accounts for all businesses

The National Bank of Cambodia (NBC) and the Ministry of Commerce (MoC) on Tuesday asked all banking and financial institutions (FIs) to cooperate in opening bank accounts in KHR for all businesses registered in Cambodia. ...

Sum Manet
https://www.khmertimeskh.com/501586430/nbc-seeks-riel-accounts-for-all-businesses/

CDC endorses 31 investment projects worth $226 million in October

In October alone, the Council for the Development of Cambodia (CDC) endorsed 31 investment projects with a total investment capital of $226 million, generating 16,000 job opportunities for the local people. ...

Khmer Times Staff
https://www.khmertimeskh.com/501586729/cdc-endorses-31-investment-projects-worth-226-million-in-october/

MoC launches Export Service Centre

The Ministry of Commerce (MoC) officially inaugurated the ‘Export Service Centre (ESC)’ at the ministry to promote Cambodia’s exports, assist traders in preparing for exports and boost their confidence in competing in the global market. ...

Mom Kunthea
https://www.khmertimeskh.com/501586370/moc-launches-export-service-centre/

Cambodia earns $1.5 billion from rice exports

Cambodia has earned over $1.5 billion from paddy and milled rice exports in the first ten months of this year, a report from the Cambodia Rice Federation (CRF) showed yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501587936/cambodia-earns-1-5-billion-from-rice-exports/

Cambodia’s agri exports rise 53% in nine months

Cambodia exported approximately 8.5 million tonnes of agricultural products in the first nine months of 2024, marking a 53 percent increase compared to the same period in 2023, said a senior official from the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

Mom Kunthea
https://www.khmertimeskh.com/501586374/cambodias-agri-exports-rise-53-in-nine-months/

Cambodia aims for stronger economic ties with US

Cambodian businesses are eager to strengthening relations with the US during the upcoming Donald Trump Administration. ...

Sum Manet
https://www.khmertimeskh.com/501587906/cambodia-aims-for-stronger-economic-ties-with-us/

Government’s Q3 cash flow management receives praise

The Royal Government’s cash flow management from July to September 2024 (Q3) received praise from various quarters, confirmed the Ministry of Economy and Finance (MEF). ...

Sum Manet
https://www.khmertimeskh.com/501587912/governments-q3-cash-flow-management-receives-praise/

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