Economy and commerce

The European Union has pledged to continue supporting the public financial management reform programme under the new grant framework agreement between the Royal Government of Cambodia and the EU. ...

Cambodia is slated to export fresh and dried mangoes to the European market, Germany above all, as Berlin investigates the possibility of export. ...

The Czech Republic has promised to encourage its small and medium-sized enterprises and private companies to invest in Cambodia and boost trade between the two countries, which in the past has been relatively insignificant in size.   ...

Khmer Enterprise (KE), a unit under the Ministry of Economy and Finance and the Cambodia Microfinance Association has entered into a cooperation agreement on promoting  access to finance for entrepreneurs and SMEs in the ecosystem of Cambodia. ...

With agricultural production on a steady growth trajectory, even in the face of Covid-19, Phnom Penh welcomes Indonesian businessmen to invest in the Cambodian agricultural market, in hopes of bolstering capacity in response to an ongoing surge in domestic and international demand. ...

The Cambodia Securities Exchange (CSX) and Shanghai Stock Exchange (SSE) are joining forces to explore cooperation on information sharing, personnel exchanges, and joint research for financial product development. ...

Although economic risks from the Covid-19 crisis linger, Cambodian real estate still offers a wealth of potential, as well as reasonably low prices for investments, especially in a handful of key localities marked by burgeoning interest and a gradual pickup in investment activity, according to ...

Eurasian senior officials and private sector representatives on November 25 agreed to work together to prop up global supply and value chains and overcome the challenges posed by the current Covid-19 crisis.   ...

Prime Minister Hun Sen has urged the leaders of Asian and European countries to further strengthen the Asia-Europe partnership to maintain a solid multilateralism that will lead to sustainable global growth and sharing.   ...

The government revenue has reached some 11,921 billion Riel (approximately $3 billion) in the first three quarters of this year. ...

It is necessary to strengthen the Asia-Europe cooperation to be more comprehensive to achieve a resilient economic growth. ...

The government revenues and expenditures were under control in the light of Covid-19 through a range of reforms on revenue collections. ...

As the world is still facing other complex issues, Prime Minister Hun Sen highlighted five important points so as to restore socio-economic development in the post-COVID-19 era.​ ...

Cambodian Prime Minister Hun Sen on November 24 expressed his hope for expanded trade ties between Cambodia and Vietnam. ...

Cambodian authorities from provinces along the Cambodia-Thailand border will meet with Thai counterparts to discuss reopening border checkpoints to facilitate travel, transfer of products and cross-border trade between the two countries.   ...

Cambodia’s economic growth has been revised to reach around 3 percent this year, thanks to the growth of the agricultural and industry sector. ...

Cambodia has updated the country’s poverty line based on the 2019-2020 Socio-Economic Survey wherein the national minimum was set at 10,951 Riel (roughly $2.7) per capita a day. ...

The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.767 billion in the first 10 months of 2021, marking a 38.81 per cent year-on-year uptick from $1.273 billion, the operator reported on November 17. ...

Bilateral trade between Cambodia and South Korea in the first 10 months of 2021 was worth $791.59 million, down by 10.6 per cent from $885.32 million in the same period in 2020, as the prolonged Covid-19 community transmission continues to take its toll. ...

South Korean ambassador to Cambodia Park Heung-kyeong is highly optimistic that the new Cambodian investment law and free trade agreement (FTA) signed between the two countries would be important factors in enhancing bilateral trade and encouraging more direct investment flows from South Korea to the ...

Cambodia and Vietnam are set to jointly host the first virtual Vietnam Defense-Economic Exposition (Videx) 2021 in Hanoi from December 14-17, according to the Cambodian Ministry of Commerce. ...

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 15 projects with capital investment of nearly $550 million in the first two weeks of this month, which could reportedly generate 13,952 new jobs in fields such as car assembly, power ...

Although the Covid-19 outbreak has had a prolonged impact on the economy from late 2019 to 2021, it has had little effect on tax revenue, reflecting the effectiveness of tax governance and transparency efforts, according to General Department of Taxation (GDT) chief Kong Vibol.   ...

Thailand’s Commerce Ministry is aiming to speed up talks with Cambodia to reopen additional checkpoints with neighbouring Cambodia to boost trade between the two nations. . ...