Economy and commerce

The General Department of Taxation (GDT) plans to integrate Artificial Intelligence (AI) technologies as part of the modernisation and reform drive, said Kong Vibol, Minister Attached to the Prime Minister and Delegate of the Royal Government in charge as Director-General of GDT, yesterday.   ...

The National Bank of Cambodia (NBC) Wednesday called on local authorities in Ratanakiri province to strengthen public financial education, particularly for indigenous communities, to raise awareness of the risks associated with informal loans and the consequences of using community land as collateral.   ...

The Ministry of Commerce has dismissed calls by farmers to ban frozen meat imports because they are bound by free trade agreement contracts. ...

The European Union (EU) is investing nearly $87 million to modernize Cambodia’s agricultural sector and improve farmers’ access to domestic and international markets. ...

Recently appointed Indian Ambassador to Cambodia Bawitlung Vanlalvawna has committed to expanding India-Cambodia bilateral trade relations and encouraging more Indian investors and tourists to visit the Kingdom. ...

The European Union (EU) Friday granted €15 million, approximately $16.38 million, to modernize Cambodia’s agricultural sector and improve farmers’ access to both domestic and global markets. ...

The Digital Economy Forum 2025 focussed on Cambodia’s advancing digital landscape by fostering digital literacy and promoting the importance of digitalization. ...

The Royal Government of Cambodia secured new concessional loans close to $1.8 billion ($1.79584 billion) from various development partners, marking an increase of two percent from the previous year, according to Cambodia Public Debt Statistical Bulletin released last week. ...

The European Investment Bank (EIB Global) has provided a grant of 15 million euros (approximately $16.27million), to Cambodia to support rural economic development and trade in agricultural products. ...

To coincide with the upcoming Khmer New Year (KNY) festival, the Royal Government of Cambodia (RGC) has scheduled to officially inaugurate the Kampot International Tourism Port on April 3.​​ ...

The Council for the Development of Cambodia (CDC) outlined four key recommendations to enhance the effectiveness of the Royal Government-Private Sector Forum (G-PSF), focusing on improving communication, accelerating operational procedures and developing the website. ...

Cambodia’s graduation from a Least Developed Country (LDC) could slow GDP growth by up to 1.5 percent with a potential loss of 165,000 jobs, cautioned Alissar Chaker, Resident Representative, United Nations Development Programme (UNDP) Cambodia. ...

Cambodia’s exports to the United States soared to over $1.6 billion between January and February 2025, marking a 25 percent increase from the same period last year, according to a report from the General Department of Customs and Excise of Cambodia released earlier this week. ...

Cambodia approved fixed-assets investment projects worth $1,069 million in the first two months of 2025 with a total number of projects of 104 projects, a Council for the Development of Cambodia (CDC) report showed yesterday. ...

ASEAN is setting its sights on becoming the world’s fourth-largest economy by 2030, as the region strengthens trade, investment and economic partnerships amid intensifying global competition. ...

In the fourth quarter of 2024, the Cambodian government signed new loan agreements with creditors amounting to $763.83 million, bringing total public debt to over $12 billion, more than 99% of it external. Additionally, the government paid nearly $560 million in debt service. ...

More than 40 investment projects, totaling over $320 million, were approved by the Council for the Development of Cambodia (CDC) in February, bringing the total number of investment projects approved by the CDC in the first two months of 2025 to 112, with a total ...

Although Cambodia’s public debt exceeded $12 billion by the end of last year, the Ministry of Economy and Finance (MEF) yesterday reported that no loans were signed with China, the Kingdom’s former top creditor that provided over $300 million in 2023. ...

The Deputy Secretary General of the Cambodian Investment Board (CIB) Suon Sophal, today led a working group to meet and discuss with Li Yongjun, Director-General of the General Department of Economic Cooperation and Overseas Investment of the Ministry of Commerce of China, with the aim ...

Top officials from the Ministry of Economy yesterday presented an update on the Public Financial Management Reform Program during both Phase 3 Plus 2 (2019–2022) and Phase 4 (2023–2026) to the National Assembly’s (NA) Commission on Economy, Finance, Banking, and Auditing to assess the reform ...

The Kingdom’s import-export trade with all partners during the first two months of 2025 reached a total value of over $9.4 billion, an increase of more than 16% compared to the same period in 2024. Bilateral trade with China alone accounted for nearly 30% of ...

Top representatives of approximately 50 companies from Henan Province, China, are currently in Cambodia to explore investment opportunities, reflecting further deepening of economic ties between the two countries.   ...

The Ministry of Industry, Science, Technology & Innovation (MISTI) has reiterated its commitment to fostering the growth of Cambodia’s informal economy and facilitating its transition into the formal sector, as approximately 97% of small and medium-sized enterprises (SMEs) continue to operate informally.   ...

Not only will a slowdown in US economic activity weigh on Cambodia’s growth but also Cambodia remains susceptible to the potential imposition of reciprocal tariffs by US President Donald Trump, a country risk analysis published by BMI, a Fitch Solutions Company, on Friday, said. ...