Economy and commerce

Cambodia and Japan Saturday in principle agreed to strengthen and expand cooperation on infrastructure and connect maritime space through participation in the design and development of Sihanoukville Autonomous Port. The two countries also agreed to expand cooperation in the economic field and attract Japanese investment. ...

The Council for the Development of Cambodia (CDC) approved $3.2 billion in fixed-asset investment for 190 projects during the first six months of 2024, nearly double (up 194 percent) the investment from the $1.1 billion recorded for the same period last year. ...

Japan’s Minister of Foreign Affairs is gearing up for an official visit to Cambodia from July 5 to 6 to strengthen economic and sociopolitical cooperation between the two nations, with analysts predicting closed door discussions will take place on human rights and democracy. ...

Cambodia has approved 190 investment projects totalling more than $3.2 billion and providing more than 68,500 jobs, with the bulk of foreign investment coming from China. ...

Wang Wenbin, the newly appointed Chinese Ambassador Designate to Cambodia, has pledged to enhance cooperation between China and Cambodia, aiming to achieve greater accomplishments and benefits for the people of both nations. ...

Cambodian Deputy Prime Minister Sok Chenda Sophea, Minister of Foreign Affairs and International Cooperation, and visiting Minister for Foreign Affairs of Japan, Ms. Kamikawa Yoko, held a constructive bilateral talk on some keys to cooperation. ...

From January to June 2024, the Council for the Development of Cambodia (CDC) approved 190 new projects, production expansion projects, and special economic zone investment projects with a total investment of $3.2 billion and can create 168,572 jobs. ​ ...

The Ministry of Commerce (MoC) is taking steps towards establishing a network of wholesale markets across Cambodia to improve market efficiency, reduce post-harvest losses and stabilize prices. ...

Cambodia exported more than 6.13 million tonnes of agricultural products in the first half of 2024, an increase of 57 percent compared to the same period in 2023, earning more than $2.8 billion, according to a report of the General Directorate of Agriculture posted by ...

Cambodia exported more than 6.13 million tonnes of agricultural products in the first half of 2024, an increase of 57 percent compared to the same period in 2023, earning more than $2.8 billion, according to a report of the General Directorate of Agriculture posted by ...

The Ministry of Economy and Finance (MEF) recently organised several meetings and discussions with the public and private institutions to ensure the effective and productive uses of the national budget in line with the economic policies master plan. ...

Khuon Sudary, President of the National Assembly on Monday requested the Malaysian ambassador to Cambodia to help boost bilateral cooperation between the two parliaments and boost investment, trade and human resource training. ...

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, held here at the Peace Palace yesterday separate talks with Shaharuddin Onn, Ambassador of Malaysia, and Stefan Messerer, Ambassador of Germany to Cambodia. ...

The Economic Research Institute for ASEAN and East Asia (ERIA) has pledged to continue strengthening and expanding its cooperation with the Royal Government of Cambodia (RGC).   ...

The Ministry of Foreign Affairs and International Cooperation (MFAIC) and the Ministry of Foreign Affairs of Japan (MOFA) Friday agreed to reinforce the Comprehensive Strategic Partnership (CSP) to enhance cooperation and attract more Japanese businessmen to invest in Cambodia. ...

Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with Suon Sophal, Deputy Secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ...

The Cambodian and Australian governments have jointly launched the first phase of a digital registration and licensing portal for small and medium enterprises (SMEs), handicrafts and industrial factories. ...

For nearly three years, about 300 local workers, 50% of them women, worked in a Vietnamese banana plantation belonging to Hoang Anh Gia Lai Joint Stock Co (HAGL), covering 245 hectares in Talao commune, Andong Meas district in Ratanakiri province. ...

Private sector working groups (PSWGs) of the Government-Private Sector Forum have said that they have increased their activities to facilitate better trade in Cambodia. ...

Prime Minister Hun Manet Thursday lauded the role played by the Micro, Small & Medium Enterprises in the country. ...

Tomorrow (June 27), Cambodia will celebrate its first national day of micro, small and medium enterprises (MSME Day 2024), a sector that stands at a critical juncture of opportunities and challenges. ...

An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...

Chinese publicly-listed manufacturer, Mesnac Co., Ltd, announced plans this month to invest in a new manufacturing facility in Cambodia focussed on the production of tyre mould products. ...

The new Phnom Penh airport, Techo International Airport’s (TIA) $1.5 billion phase one is 78 percent complete as of June 24, with $1.13 billion used so far, according to joint venture firm Cambodia Airport Investment Co Ltd (CAIC) on Monday. ...