Economy and commerce

Electronics imports surge one-third on-year: ministry

Cambodia imported $904.3 million worth of “electronics” in 2022 – surging by 33.2 per cent from $678.9 million in 2021 – with the fourth quarter accounting for the lion’s share at 28.61 per cent of the annual total, according to figures from the finance ministry’s ...

Hin Pisei

Ministry: Clear price tags in riel, or else

The Ministry of Commerce warns that it will fine business owners who fail to affix or post clear prices for their products and services as instructed by relevant authorities. ...

Van Socheata

Cambodia may invest in Cuban rice production

Cambodia is considering investing in rice production in Cuba to help strengthen the Caribbean island nation’s capacity to ensure food security, as well as to increase the presence of the Kingdom’s varieties of the stable crop in international markets. ...

May Kunmakara

Riel-based deposits and lending help NBC’s de-dollarisation efforts

The banking system has played a crucial role in supporting Cambodia’s recovery from the economic downturn in the wake of Covid-19 with National Bank of Cambodia (NBC) pursuing an accommodative and prudent monetary policy to meet the needs of the economy. ...

Manoj Mathew

Cambodia and Vietnam sign trade deals

Cambodia and Vietnam have signed a series of agreements to strengthen trade and cooperation between the two nations ...

Mao Sreypich

Prices must be displayed on all goods, services

On the recommendation of Prime Minister Hun Sen, the Ministry of Commerce has notified all departments of commerce in the capital and provinces that prices must be affixed to all goods throughout the Kingdom. ...

Post Staff

Cambodia, Indonesia to boost trade, investment, tourism ties

Cambodia and Indonesia have discussed further cooperation in trade, investment and tourism by promoting the export of Cambodian agricultural products to the Indonesian market. ...

Chea Vanyuth

After PM’s appeal, MoC set strict rules for price display in riel

A week after Prime Minister Hun Sen asked the Ministry of Commerce (MoC) and Ministry of Tourism (MoT) to cooperate with each other to work on price labelling, the MoC has set strict rules to initiate legal actions against those businesses that fail to label ...

Kang Sothear

Lancang-Mekong peace boat project launched in Cambodia

The Lancang-Mekong Peace Boat project was launched here in the capital of Cambodia on Tuesday, aiming at promoting peace building and prosperity in the region, officials said. ...

Khmer Times Staff

Riel day reiterates significance of national currency

The National Bank of Cambodia (NBC) organized on Monday a Seminar on Riel, Financial Literacy and Bakong system, as part of the celebration of the 43rd anniversary of reintroduction of Riel, the national currency. ...

Khmer Times Staff

Three more investment projects worth over $16 million approved

The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $16.2 million. ...

Khmer Times Staff

NBC pushes for de-dollarisation on 43rd Riel Day

National Bank of Cambodia (NBC) deputy governor Chea Serey on March 20 made a general call to keep using the local currency in day-to-day transactions, as part of de-dollarisation and other monetary policy initiatives, as a means to promote economic development. ...

May Kunmakara

Gov’t launches public finance management reform strategies

Prime Minister Hun Sen yesterday announced the launch of the government’s implementation of vision and strategies of its public finance management reform programs for the fourth phase to enhance financial achievements after the previous three phases had focused on budget, financial accountability and finance-policy connectivity. ...

Kang Sothear

Cambodian authorities urged to probe forced labor in factories

The American Apparel & Footwear Association (AAFA) and VF Corporation are urging Cambodian authorities to investigate​ forced labor used to produce export goods. ...

Chhorn Raksmey

Chinese investors returning: Cambodia should learn the lesson of money laundering risks

The real estate industry in Cambodia has been identified as a high-risk sector for money laundering due to a number of factors. In recent years, the industry has experienced substantial growth, which has attracted foreign investors, particularly from China. This has led to a substantial influx ...

Manghout Ki

Cambodia, Pakistan mull joint trade-body committee

Cambodia and Pakistan have agreed to look into setting up a joint committee between the two countries’ apex business associations, to unlock the envisaged potential of two-way trade and investment, and boost import-export flows beyond their historically limited levels, according to a Ministry of Commerce ...

Van Socheata

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