Economy and commerce

Cambodia earned $215 million from the exports of rubber articles in the first two months of this year, an increase of 90 percent compared to the same period last year, according to the latest trade data of the General Department of Customs and Excise (GDCE). ...

The Indonesian Government is planning to import 22,500 tonnes of rice from Cambodia to complement domestic stocks in meeting the needs ahead of Eid al-Fitr, the National Food Agency (Bapanas) stated. ...

The feasibility of a Light Railway line connecting Phnom Penh to the new airport and planned city metro (subway) was presented by the China Metro Group and Guangzhou Metro Group to the Inter-Ministry Committee of Cambodia on Saturday, said the Council for the Development of ...

A set of incentives awaits investors who can provide skills development training for employees in their Cambodia businesses, reminded the Council for the Development of Cambodia (CDC) recently. ...

Cambodia’s future lies in startups was the broad message at the Startup Ecosystem Forum: Connect 2024 at Raintree Cambodia held in Phnom Penh on Friday. ...

The Ministry of Commerce has identified three geographical indications (GI) products for exporting to the Chinese market, seeking support for promoting products in China. ...

Delegates from the Cambodia Young Entrepreneurs Association for Development (CYEAD) on Friday meet with senior officials of the Council for the Development of Cambodia (CDC) in Phnom Penh to explore investment opportunities. ...

Cambodia’s public debt stood at $11.24 billion by the end of last year and the risk from the debt is at a low level, according to a report of the Cambodia Public Debt Statistical Bulletin released by the Ministry of Economy and Finance last week. ...

The European Union (EU) and Cambodia have teamed up to launch four major programmes that focus on promoting sustainable value chains, energy efficiency and renewable energy, totalling $96.7 million. ...

A UNDP report has praised Cambodia for its rapid development to the medium human category, increasing a staggering 56.9 percent in two decades, but raised grave concerns about how the poorest are being left behind. ...

Even though Cambodia has attracted more European investors, the number of their investment projects in the country is still small, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia. ...

Prime Minister Hun Manet said that the ASEAN digital economy is capable of doubling its current value of around $1 trillion to reach a market cap of $2 trillion by 2030. ...

The European Union on Tuesday launched four new programs worth $85.6 million in total in Cambodia, with a focus on promoting sustainable value chains, energy efficiency and renewable energy, said a joint press release. ...

Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...

Cambodia exported 90,153 tonnes of milled rice to international markets in the first two months of 2024, a decline of 7.2 percent from 97,153 tonnes during the same period last year, according to a report from the Cambodia Rice Federation. ...

Cambodia’s international trade recorded a growth of 19.2 percent in the first two months of this year compared to the same period last year and reached $8.12 billion. While exports surged 22.7 percent to reach $3.98 billion, imports grew by 16.1 percent to reach $4.13 ...

Cambodia had exported 90,153 tons of milled rice in the first two months of 2024, down 7.2 percent from 97,153 tons over the same period 2023, said a Cambodia Rice Federation’s report released on Saturday. ...

Cambodia attracted investment of $1.3 billion in the first two-month period of this year, according to the Council for the Development of Cambodia (CDC). ...

Mexico has trade deposits in all ASEAN countries and its trade balance with Cambodia, in particular, is likely to touch $400 million by the end of 2024. This was made possible through the huge trade surplus between Mexico and the United States, reaching over $150 ...

The Royal Government of Cambodia (RGC) spent about $3.85 billion by the end of last year to boost the development of northeast part of the country aimed at connecting economic flow with the triangle development area between the three neighbouring countries – Cambodia-Laos-Vietnam – through ...

The Council for the Development of Cambodia (CDC) on Wednesday said that it working towards attracting investment partners from Australia. ...

Neth Pheaktra, Minister of Information, met with Soy Sopheap, President of the Cambodian-Chinese Journalists Association (CJCA), and his colleagues on March 5, 2024, at the Ministry of Information in Phnom Penh. ...

Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, received here on Monday the United Kingdom (UK) Minister for the Indo-Pacific, Rt Hon. Anne-Marie Trevelyan, discussing the bilateral cooperation on investment and trade, and UK backed-Green special economic zone project in Cambodia. ...

Cambodia has encouraged Australian business and investor community to further increase business and investment activities in high-value-added sectors such as agriculture and agro-processing, logistics, e-commerce, and digital technology, considered as priority sectors for economic development of the Royal Government of Cambodia. ...