Economy and commerce

CDC leader: Faster diversification key to 2050 economic vision

A senior government official has highlighted the importance of increasing the speed of Cambodia’s economic diversification is essential to achieving its 2050 vision of becoming a high-income country. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-leader-faster-diversification-key-to-2050-economic-vision

CRC calls for support in maternal, child healthcare coverage

Bun Rany, President of the Cambodian Red Cross, has called on all relevant national, international, and partner organisations to support both public and private services in the technical and financial aspects of maternal, newborn, child, and youth healthcare to achieve universal health coverage in Cambodia. ...

Torn Vibol
https://www.khmertimeskh.com/501642951/crc-calls-for-support-in-maternal-child-healthcare-coverage/

Cambodia-China to launch ‘Tourism Year 2025’ next week

After the successful completion of ‘2024 Cambodia-China People-to-People Exchange Year’, both countries will commence the ‘Cambodia-China Tourism Year 2025’ next week in Zhengzhou City, Henan province, People’s Republic of China, said a press release issued by the Ministry of Tourism (MoT). ...

Mom Kunthea
https://www.khmertimeskh.com/501642898/cambodia-china-to-launch-tourism-year-2025-next-week/

THACO invests $1B in Cambodia agriculture, eyes $800M yearly revenue by 2028

THACO AGRI, a subsidiary of Vietnam’s Truong Hai Group Corporation (THACO), which began developing agriculture in Kratie and Ratanakiri provinces in 2018 with a focus on bananas, cattle, and other fruits and vegetables, estimates that it could earn $800 million in annual profits, starting in ...

Hong Raksmey
https://www.phnompenhpost.com/business/thaco-invests-1b-in-cambodia-agriculture-eyes-800m-yearly-revenue-by-2028

Despite trade war, insiders optimistic about US export market

The Kingdom’s authorities and business community are in general agreement that exports to the US will continue to grow despite the ongoing threat of new US import tariffs. ...

Hin Pisei
https://www.phnompenhpost.com/business/despite-trade-war-insiders-optimistic-about-us-export-market

Additional Chinese firms eying up investment in Kingdom

A delegation representing 18 large Chinese companies has expressed interest in investment opportunities in Cambodia, noting that the Kingdom requires foreign capital in several sectors, particularly for planting, producing, and processing goods to meet both domestic and export demand. ...

Hin Pisei
https://www.phnompenhpost.com/business/additional-chinese-firms-eying-up-investment-in-kingdom

New incubation programme backs green start-ups

Cambodia’s rapidly growing startup ecosystem has received a boost thanks to the introduction of the Digital & Green Innovation Accelerator (DGIx) Cambodia, a nine-month initiative aimed at propelling startups using digital and tech-enabled solutions for environmental sustainability. ...

Hong Raksmey
https://www.phnompenhpost.com/national/new-incubation-programme-backs-green-start-ups

Improving local production, expanding markets key to economic growth, MoC says

The Ministry of Commerce (MoC) Thursday encouraged small and medium-sized enterprises as well as domestic manufacturers to produce products that meet market demand and are competitive to replace certain imported goods.   ...

Mom Kunthea
https://www.khmertimeskh.com/501640270/improving-local-production-expanding-markets-key-to-economic-growth-moc-says/

Chinese investors urged to explore Cambodia’s agricultural sector

The Council for the Development of Cambodia (CDC) yesterday encouraged Chinese investors to explore opportunities in establishing a production chain within the agricultural sector, particularly in cashew processing as this initiative is led by Prime Minister Hun Manet.   ...

Mom Kunthea
https://www.khmertimeskh.com/501640827/chinese-investors-urged-to-explore-cambodias-agricultural-sector/

Informal businesses registration surpasses 11K, MISTI says

As of February 11, the Informal Economy Onboarding Platform has received 11,447 applications from informal businesses, a majority of which are from Phnom Penh, according to a report from the Ministry of Industry, Science, Technology & Innovation (MISTI) on Wednesday. ...

Sum Manet
https://www.khmertimeskh.com/501639140/informal-businesses-registration-surpasses-11k-misti-says/

Investors urged to tap Cambodia’s growing cashew sector

Chea Vuthy, Secretary General of the Cambodian Investment Board of the Council f or the Development of Cambodia (CDC), Tuesday urged two major companies to consider investing in the agro-industrial sector, especially the cashew industry in Cambodia. ...

Nin Kunthear
https://www.khmertimeskh.com/501638586/investors-urged-to-tap-cambodias-growing-cashew-sector/

UK buyers seek to raise rice, cashew imports from Cambodia, as farmers urge more support

Seven leading UK buyers from the rice, cashew nut, and dried fruit industries are visiting Cambodia from February 9 to 15, 2025, to explore business opportunities and strengthen trade ties with local agricultural producers. In the meantime, local farmers are calling for more support to ...

Sovann Sreypich
https://cambojanews.com/uk-buyers-seek-to-raise-rice-cashew-imports-from-cambodia-as-farmers-urge-more-support/

Coordinating committee reviews progress on informal economy development

The Coordinating Committee on Informal Economy Development (CCIED), chaired by Hem Vanndy, Minister of Industry, Science, Technology and Innovation, convened a meeting to assess progress on key measures implemented by various ministries and institutions. ...

Khmer Times Staff
https://www.khmertimeskh.com/501638769/coordinating-committee-reviews-progress-on-informal-economy-development/

SMEs registered formally reach nearly 44,000 in 2024

The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered 1,292 new small and medium enterprise (SMEs) in 2024, bringing the formally registered SMEs to 43,970 as of last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501638580/smes-registered-formally-reach-nearly-44000-in-2024/

Cambodia’s trade volume soars to over $5 billion in Jan

Cambodia exported about $2.3 billion and imported $2.7 billion, bringing the overall trade volume to $5.05 billion in the first month of 2025, reported the General Department of Customs and Excise (GDCE) yesterday.​ ...

Nhean Chamrong
https://www.khmertimeskh.com/501637338/cambodias-trade-volume-soars-to-over-5-billion-in-jan/

Customs revenue collection up to $2.59 billion in 2024

The General Department of Customs and Excise of Cambodia saw a growth in customs income last year, up 13.8 percent to $2,590 million.​​ ...

Chea Vanyuth
https://www.khmertimeskh.com/501637827/customs-revenue-collection-up-to-2-59-billion-in-2024/

Philippine salt giant tests waters for Cambodian rice imports

Arvin International Marketing Inc, the largest supplier and distributor of salt in the Philippines, has expressed interest in purchasing Cambodian rice for distribution through their extensive domestic operations. ...

Hin Pisei
https://www.phnompenhpost.com/business/philippine-salt-giant-tests-waters-for-cambodian-rice-imports

Customs revenue increases by over 10% in 2024

An increase in demand for raw materials to meet the needs of domestic factories/enterprises for the production of export goods led to a rise in customs revenue in 2024. ...

Hin Pisei
https://www.phnompenhpost.com/business/customs-revenue-increases-by-over-10-in-2024

January international trade up 25% year-on-year

Cambodia’s international trade continued its positive performance, with January 2025 recording over $5 billion, a nearly 25% increase compared to January 2024. Exports accounted for approximately 45% of the total trade value. ...

Hin Pisei
https://www.phnompenhpost.com/business/january-international-trade-up-25-year-on-year

Local products soon to be on PTT gas stations’ shelves

The Ministry of Commerce and PTT (Cambodia) are collaborating to promote Cambodian products through displaying for sale at PTT gas stations’ Café Amazon branches and convenience stores across 19 capital/provinces.   ...

Chea Vanyuth
https://www.khmertimeskh.com/501636599/local-products-soon-to-be-on-ptt-gas-stations-shelves/

Cambodia’s economy to grow by 6.3 pct this year: official

Cambodia’s economy is projected to grow by 6.3 percent in 2025, which will raise the country’s gross domestic product (GDP) to $51.39 billion, a senior official stated on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501637454/cambodias-economy-to-grow-by-6-3-pct-this-year-official/

Govt outlines path towards achieving Cambodia’s Vision 2050

The government has outlined its path towards achieving Cambodia’s Vision 2050, highlighting policies and accomplishments since the beginning of the 7th Mandate led by Prime Minister Hun Manet. ...

Torn Vibol
https://www.khmertimeskh.com/501637446/govt-outlines-path-towards-achieving-cambodias-vision-2050/

Cambodia’s trade volume soars to over $5 billion in Jan

Cambodia exported about $2.3 billion and imported $2.7 billion, bringing the overall trade volume to $5.05 billion in the first month of 2025, reported the General Department of Customs and Excise (GDCE) yesterday. ...

Nhean Chamrong
https://www.khmertimeskh.com/501637338/cambodias-trade-volume-soars-to-over-5-billion-in-jan/

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