Economy and commerce

Vietnam deal on agricultural co-op around the corner, senior official says

Cambodia and Vietnam plan to sign an agricultural cooperation agreement this month to underpin trade growth between the two countries, especially of the Kingdom’s agri exports. ...

Hom Phanet
https://www.phnompenhpost.com/business/vietnam-deal-agricultural-co-op-around-corner-senior-official-says

7th EAS Congress brings ‘blue’ agenda to Preah Sihanouk

Preah Sihanouk provincial governor Kuoch Chamroeun expects that this year’s 7th East Asian Sea Congress (EAS Congress) – to be held in collaboration with the Ministry of Environment in Sihanoukville on December 1-2 – will provide opportunities for participants to gain knowledge and draw on ...

Voun Dara
https://www.phnompenhpost.com/national/7th-eas-congress-brings-blue-agenda-preah-sihanouk

EU pledges new grant framework to support Cambodia’s priorities

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/50980286/eu-pledges-new-grant-framework-to-support-cambodias-priorities/

Berlin eyeing local mangoes

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

Nov Sivutha
https://www.phnompenhpost.com/business/berlin-eyeing-local-mangoes

Kingdom, Czech Republic aim to boost bilateral trade

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.   ...

Lay Samean
https://www.phnompenhpost.com/national/kingdom-czech-republic-aim-boost-bilateral-trade

Khmer Enterprise and CMA enter into partnership to boosting access to financial service for SMEs

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. ...

Chea Vanyuth
https://www.khmertimeskh.com/50979560/khmer-enterprise-and-cma-enter-into-partnership-to-boosting-access-to-financial-service-for-smes/

Indonesians invited to get slice of local agri markets

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. ...

Hin Pisei
https://www.phnompenhpost.com/business/indonesians-invited-get-slice-local-agri-markets

Cambodia, Shanghai bourses strike key MoU

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. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-shanghai-bourses-strike-key-mou

Real estate ‘still boasts potential’

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 ...

Hin Pisei
https://www.phnompenhpost.com/post-property/real-estate-still-boasts-potential

ASEM vows supply chain, digitalisation cooperation

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.   ...

Hom Phanet
https://www.phnompenhpost.com/business/asem-vows-supply-chain-digitalisation-cooperation

PM pushes multilateralism to partners at Asia-Europe meet

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.   ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/pm-pushes-multilateralism-partners-asia-europe-meet

Government revenue reaches 75 percent of Budget Bill in first three quarters

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

Khmer Times Staff
https://www.khmertimeskh.com/50977133/government-revenue-reaches-75-percent-of-budget-bill-in-first-three-quarters/

Cambodia stresses need for strengthening Asia-Europe cooperation

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

Khmer Times Staff
https://www.khmertimeskh.com/50977103/cambodia-stresses-need-for-strengthening-asia-europe-cooperation/

Gov’t income and expenditure under control despite C-19

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

Chea Vanyuth
https://www.khmertimeskh.com/50976835/govt-income-and-expenditure-under-control-despite-c-19/

PM raises five important points for post-COVID-19 recovery for Asia and Europe

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.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/50977155/pm-raises-five-important-points-for-post-covid-19-recovery-for-asia-and-europe/

Cambodia, Thailand to discuss border reopening

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.   ...

Voun Dara
https://www.phnompenhpost.com/national/cambodia-thailand-discuss-border-reopening

Economic Growth revised to 3 percent this year

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

Chea Vanyuth
https://www.khmertimeskh.com/50976291/economic-growth-revised-to-3-percent-this-year/

Cambodia’s poverty line updated: 17.8 percent Cambodians under the poverty line

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/50973518/cambodias-poverty-line-updated-178-percent-cambodians-under-the-poverty-line/

SSEZ imports, exports hit $1.77B in Jan-Oct

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. ...

Hin Pisei
https://www.phnompenhpost.com/business/ssez-imports-exports-hit-177b-jan-oct

South Korea trade dips 10.6% to $792M

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. ...

Hin Pisei
https://www.phnompenhpost.com/business/south-korea-trade-dips-106-792m

Investment law, FTA to boost Cambodia-Korea ties: envoys

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 ...

May Kunmakara
https://www.phnompenhpost.com/business/investment-law-fta-boost-cambodia-korea-ties-envoys

Cambodia, Vietnam set to host economic, defence expo

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. ...

Hom Phanet
https://www.phnompenhpost.com/business/cambodia-vietnam-set-host-economic-defence-expo

$550M of investment projects get CDC nod

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 ...

Hin Pisei
https://www.phnompenhpost.com/business/550m-investment-projects-get-cdc-nod

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