Economy and commerce

The United States, Japan and 10 other Pacific Rim countries reached agreement Monday on a massive free trade deal that will lower trading barriers and set commercial rules for 40 percent of the world economy. ...

The World Bank on Monday stuck to its prediction made in April that the country’s economy would continue to cool off slowly over the next few years and said China’s own slowdown would send only modest ripples through Cambodia.     ...

Cambodia’s economy is expected to grow by 6.9 per cent in 2015, driven by the construction sector, while traditional growth areas, such as garments and tourism, are expected to see a relative slowdown this year, according to a World Bank economic report.Yesterday’s update on the ...

Cambodia’s anti-money laundering agency is unable to investigate or penalise financial institutions that break the law, leaving the country open to exploitation by organised crime, according to a senior official in the unit.The Financial Action Task Force (FATF) – the top international anti-money laundering and ...

Cambodian exports saw a nearly 20 per cent increase for the first half of the year, as garment shipments to the European Union led the way in making up for a decrease in exports to the United States, according to a new Ministry of Commerce ...

SET-listed Rojana Industrial Park Plc (ROJNA) will build an industrial park in Cambodia to tap growing investment in the neighbouring country expected after formation of the Asean Economic Community (AEC). ...

Cambodia marginally improved its global competitive ranking this year, moving up five spots to place 90th out of 144 nations surveyed, with weak public institutions and lack of innovation continuing to affect its economic progress, according to a newly released World Economic Forum report.The Global ...

The projection of National Bank of Cambodia (NBC) on the country’s economic growth this year is slightly lower than that of the Asian Development Bank (ADB), according to the State News Agency-AKP.   ...

Viet Nam was among Cambodia’s top five investors as of last April with US$3.2 billion in 171 projects.It is also Cambodia’s third largest trade partner with bilateral trade topping $3.3 billion as of 2015, Vietnamese Commercial Counselor Nguyen Bao said, noting the two countries are ...

Cambodia exported 369,105 tonnes of milled rice in the first nine months of 2015 — a 37 percent rise over the same period last year, according to a report on Wednesday. ...

Cambodia’s central bank yesterday again raised the issue of the country’s highly dollarised economy, suggesting that government policies and action plans will be enforced over the long term to promote the use of the riel, giving the National Bank of Cambodia (NBC) more monetary control.Speaking ...

The Cambodia Securities Exchange yesterday said it had approved “in principle” the eligibility of stated-owned Phnom Penh Autonomous Port (PPAP) to list on the bourse, according to the press release from the exchange. “Cambodia Securities Exchange (CSX) has approved in principle the listing eligibility of ...

A new draft agreement between the largest banks in Cambodia and South Korea aims at facilitating the flow of money transfers between the two countries, making it easier for companies that import Korean goods to settle their invoices and for migrant Cambodian workers to send ...

To boost Chinese investment in Cambodian garment industry, the Textile Enterprise Association of the Chinese Chamber of Commerce also know as TEAC has been officially launched in Phnom Penh.​Enjoy Ho, chairman of TEAC said that they will represent the interests of Chinese textile enterprises in ...

Cambodia Securities Exchange (CSX) granted its approval in principle of the listing eligibility review application of Phnom Penh Autonomous Port (PPAP), the exchange announced on its website yesterday. ...

Cambodia’s economy will feel turbulence from beyond its borders as China’s heavyweight economy faces softer growth prospects and major industrial economies experience a lethargic recovery, the Asian Development Bank (ADB) said in a report released yesterday.In an update to its flagship annual economic publication, Asian ...

Having established a foothold in the capital, Burger King is pushing into Cambodia’s provinces and will launch its first branch in Siem Reap next month, a company official said yesterday.In all, the US fast-food giant plans to open four branches outside the capital by the ...

Cambodia has decided to establish a special economic zone in Preah Sihanouk province in an attempt to attract investment and develop its economy as the ASEAN Economic Community forms by the end of this year, reports Vietnam News Agency (VNA). ...

Cambodia’s economy is expected to remain strong through 2016, though it is likely to grow at a slightly slower pace than forecast earlier this year, the Asian Development Bank said Tuesday.In an update to its annual economic publication, Asian Development Outlook 2015, the ADB said ...

Zhang Ping, owner of a northeast China power technology company, described his trip to the 12th China-ASEAN Expo in the southern city of Nanning as a success. Also attending the expo, representatives from Sihanoukville special economic zone in Cambodia are seeking investment from China and ...

A survey of foreign direct investment by the National Bank of Cambodia due to be completed at the end of this month will help fill data gaps in the construction industry and could lead to new regulations in the property market that will pave the ...

Cambodia attracted investment projects with a total capital of $3.3 billion in the first six months of this year, according to the figures of the Council for the Development of Cambodia on Friday. ...

For companies looking to float shares on Cambodia’s fledgling stock exchange, the rules have just been made easier.After three years and only two listings, the Securities and Exchange Commission of Cambodia (SECC) has revamped the listing criteria, in a bid to increase the number of ...

Cambodia Securities Exchange (CSX) will hold a meeting next week to review the submitted financial statements of Phnom Penh Autonomous Port (PPAP), Cambodia’s second-largest port, and to consider its eligibility to list and trade its securities on the stock exchange, a CSX official said yesterday. ...