Economy and commerce

Cambodia earned over $671 million from rubber latex and rubber tree exports in 2024, marking a jump of over 36 per cent compared to 2023. The price of rubber also saw a major increase. ...

Legal experts have emphasised the importance of understanding Cambodia’s legal framework for successful business operations, despite the country’s generally open and pro-business environment. ...

The Cambodian securities market is expected to advance even faster, thanks to a new cooperation agreement between the Securities and Exchange Regulator of Cambodia (SERC) and the International Finance Corporation (IFC). ...

Thanks to the resurgence of global economic growth, the value of exports from the more than 100 factories/enterprises in the Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) was expected to reach nearly $1.9 billion in 2024, marking an increase of nearly 20% over the ...

Political stability and strong economic growth have been attributed to Cambodia’s strong economic growth, with ten new Special Economic Zones (SEZs) established in 2024, with a total registered capital of approximately $850 million. ...

Cambodia is taking steps to align its trade practices with stringent European Union (EU) green standards as it prepares for its transition from Least Developed Country (LDC) status in 2029. ...

The Coordinating Committee on Informal Economy Development (CCIED), in collaboration with the Phnom Penh Municipal Administration, co-organise an outreach campaign with 1,500 members of Phnom Penh’s informal economy on January 20.​ ...

The Coordinating Committee for Informal Economy Development (CCIED), in collaboration with the UNDP, ILO, and the Cambodia-Australia Partnership for Resilient Economic Development (CAPRED), Monday organized a consultation workshop to establish a Monitoring and Evaluation (M&E) Framework for the National Strategy for Informal Economy Development 2023-2028. ...

China has been Cambodia’s largest source of foreign investment, accounting for almost 50 percent of the total investment amount last year, according to a report from the Council for the Development of Cambodia (CDC). ...

Cambodia’s exports to the United States surged to nearly $10 billion from January to December 2024, up 11 percent compared to the previous year, according to a recent report from General Department of Customs and Excise of Cambodia. ...

The Council for the Development of Cambodia (CDC) approved 10 special economic zone (SEZs) investment projects worth $850 million in 2024, creating approximately 4,000 jobs, said a CDC report on Friday. ...

Cambodia’s steel imports jumped almost 70 percent last year, driven by one of the fastest-growing construction sectors in Southeast Asia. ...

Cambodia exported goods worth approximately $26.19 billion last year, up 15.7 percent from $22.64 billion in 2023, a report from the General Department of Customs and Excise of Cambodia (GDCE) showed last Friday. ...

Cambodia’s exports of garments, footwear and travel goods (GFT) earned the country a record $13.74 billion in 2024, an increase of 23.78 percent compared to the same period last year, the latest trade data of the General Department of Customs and Excise (GDCE) showed. ...

Cambodia has produced a total volume of 39 million tonnes of crop production nationwide in 2024, up 7.4 percent from 36.3 million tonnes in 2023, a report from the Ministry of Agriculture, Forestry, and Fisheries showed on Monday. ...

Cambodia will host the World Rice Conference in 2025, following the country’s fragrant rice Malys Angkor winning the World’s Best Rice title last year. ...

Cambodia earned tax revenue of $63.1 million from casinos and game of chance operators in 2024, a year-on-year increase of 85 percent, according to data from the Commercial Gambling Management Commission of Cambodia (CGMC) released on Wednesday. ...

The construction and real estate sectors in Cambodia have shown positive signs in 2024, with lending to these sectors increasing to $13.51 billion as of October 2024, according to a report by the National Bank of Cambodia (NBC) released at the end of December 2024. ...

Kampong Cham province’s economy grew by 8.6 percent to reach $2.65 billion driven primarily by the agricultural, industrial, and service sectors, according to a report by Un Chanda, Governor of Kampong Cham Province. ...

The newly opened Kampot International Tourism Port (KITP) expects to attract half a million Cambodian and international tourists this year, doubling to 1 million next year. ...

The new minimum wage set by the Royal Government came into effect this month. This will enhance productivity and foster harmonious professional relations between employers, unions and stakeholders, said a top government official on Friday. ...

Cambodia reported a 48 percent increase in the number of Chinese tourists to the UNESCO-listed Angkor Archaeological Park in 2024; an official report showed on Saturday. ...

The bilateral trade volume between Cambodia and South Korea reached $762 million by the end of last year, reflecting an 11.49% increase compared to the previous year. Cambodian exports accounted for $288 million of this total, rising by 13.77%, according to the Ministry of Commerce. ...

The National Bank of Cambodia (NBC), yesterday, urged Banking and Financial Institutions (BFIs), as well as the public, to help prevent the circulation of counterfeit US dollar (USD) banknotes in Cambodia. ...