Economy and commerce

The government’s public debt remains sustainable as the country is seeking more foreign debt used for building infrastructure, said Prime Minister Hun Manet. ...

Prime Minister Hun Manet laid out plans for Cambodia to graduate to an upper-middle income country by 2030 and strengthen the nation’s resilience and sustainability beyond then at the Cambodia Outlook Conference 2023. ...

Prime Minister of Cambodia has praised the World Economic Forum (WEF) for its important role as an active forum for government-private sector relations, by introducing new government policies and initiatives related to business and investment. ...

Cambodia maintained its economic growth prediction at 5.6 percent in 2023 and raised it to 6.6 percent in 2024, the country’s Prime Minister Hun Manet said here on Thursday. ...

The Regional Comprehensive Economic Partnership (RCEP) has given a big impetus to Cambodia’s exports, contributing to the economic development, said Sok Siphana, Senior Minister in Charge of International and Multilateral Trade and Economic Relations. ...

Located in southwest Cambodia, the Sihanoukville Special Economic Zone (SSEZ), a joint venture between Chinese and Cambodian companies, has not only positively impacted on local people’s lives, but also significantly contributed to the kingdom’s economic growth. ...

Cambodia and China have entered into cooperation on financial innovation and clearing and settlement arrangements, to facilitate efficient and secure cross-border payment transactions between the two countries. ...

Cambodia’s agricultural exports surpassed 6.2 million tonnes during the first ten months of the year, amounting to more than $3.5 billion across 74 countries, according to the Ministry of Agriculture, Forestry and Fisheries. ...

Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...

Prime Minister of Cambodia, Hun Manet, has expressed welcome and support from more investment from Japan in Cambodia. ...

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, yesterday reassured that the Royal Government’s vision 2030 and 2050 is not a dream. ...

The General Department of Taxation (GDT) earned value-added tax (VAT) of $62.8 million on e-commerce in the first ten months of the year, a report showed. ...

Chinese President Xi Jinping’s proposal to work together for another “golden 30 years” of the Asia-Pacific is crucial in the current global context, a Cambodian expert has said. ...

Two hydropower projects worth more than $400 million have been officially approved by the Council for the Development of Cambodia (CDC) for investment in Mondul Seima and Thmar Bang districts in Koh Kong province. ...

The real salaries in the country are expected to grow 2.2 percent next year, according to the latest Salary Trends Report published by ECA International, a renowned organization that offers data on salary, accommodation, tax, labour law, cost of living as well as benefits and ...

The Regional Comprehensive Economic Partnership (RCEP) has given a big impetus to Cambodia’s exports, contributing to the economic development, said Sok Siphana, Senior Minister in Charge of International and Multilateral Trade and Economic Relations. ...

The Royal Government has been promoting the local economy to grow in all sectors by creating jobs and increasing high incomes for the people, especially those who are living in poverty. ...

Cambodia garnered $62.8 million in e-commerce value-added tax (VAT) revenue during the first ten months of 2023, signifying a surge in electronic products and services in recent years. The income was collected from 82 non-resident taxpayer enterprises, supplying digital-related goods from abroad, according to the ...

Timor-Leste has signed an agreement to buy 4,000 tons of rice from Cambodia for the first time after the two countries signed a Memorandum of Understanding (MOU) on rice trade on October 20, according to the Ministry of Commerce (MoC). ...

During the government and private sector forum ceremony, Prime Minister Hun Manet underlined that the government has streamlined another mechanism of long-term leasehold rights in addition to the old mechanisms regarding foreigners leasing land. ...

The Thailand-Vietnam-Laos-Cambodia-Myanmar Business Forum 2023 took place from November 17-19 in Thailand’s UdonThani province, promoting connection among enterprises in the five countries. ...

The Royal Government has planned to upgrade the National Road (NR) 6 from the T-junction of the highway from Siem Reap-Angkor International Airport (SAI) in Siem Reap to the provincial city with a distance of nearly 20 kilometres at an estimated cost of $60 million. ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Wing Bank (Cambodia) Plc have inked a deal that will offer accessible, low interest rate loans to support the government’s Agriculture Priority policies through the innovative Wingagri supply chain platform built specifically to support the sector. ...

The General Department of Taxation (GDT) has collected $3,06 billion as tax revenue in the first ten months of 2023. ...