Economy and commerce

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. ...

Kep provincial governor Som Piseth has issued a reminder that all advertising licences in the province are now due for renewal. Businesses which fail to comply will be fined, and may face temporary suspension, or even the closure, of their operations. ...

Several top Australian business leaders yesterday evinced interest in trade collaborations and investment opportunities in Cambodia as Prime Minister Hun Manet met them in separate meetings during his visit to the country. ...

A Chinese company will invest $1 billion in tyre production, said Prime Minister Hun Manet in Melbourne on Sunday. ...

In the afternoon of March 2, 2024, Prime Minister Hun Manet, received Mario Vecchio, Chief Executive Officer and President of FreshStart Energy, for a courtesy call and discussion on the occasion of the ASEAN-Australia Special Summit in Melbourne, Australia. ...

Financial institutions like Wing Bank, AMK Microfinance (MFI), Boost Capital are focusing on agriculture-driven tech. ...

Two projects in Sihanoukville with an investment of nearly $600 million have received incentives from the Council for the Development of Cambodia and are estimated to have a positive impact on the economy of Sihanoukville. ...

The US-ASEAN Business Council has requested that Cambodia cooperate to facilitate US company investment, business, and trade in the Kingdom, particularly to improve the climate. ...

Prime Minister Hun Manet will make his first visit to the ASEAN-Australia Special Summit next month, with experts expecting the trip to boost trade between the two nations, as well as Australian investment in Cambodia. ...

Revenue from the sale of special license plates decreased by about 11.9 percent to $16 million in 2023, with the Ministry of Public Works​ and Transport (MPWT) claiming it is a result of the global economic crisis. ...

Senior US officials met with Prime Minister Hun Manet during a visit aimed at boosting the relationship between the two countries, and to raise social issues that need to be resolved. ...

The total number of companies enrolled through the Online Business Registration System (OBRS) via IT Platform phase I – commonly known as Single Portal – had reached almost 34,000 as of February 25, as reported by OBRS. ...