Economy and commerce

Senior Official of Cambodia has inspired all stakeholders to continue working hard to attain $15-billion worth of Cambodia-Thailand bilateral trade volume set by the two countries’ Prime Ministers. ...

K (Cambodia) Co Ltd on March 29 officially inaugurated an Isuzu vehicle assembly plant in eastern Kampong Speu province, in response to growing demand and in a bid to expand the brand’s presence in Cambodia. ...

The process of establishing an association to represent and manage the “Kampot-Kep Salt” name once the commodity has been awarded domestic geographical indication (GI) status – expected late next month – is “progressing smoothly”, reported Bun Narin, the group’s acting president and number-one candidate for ...

Cambodia imported $904.3 million worth of “electronics” in 2022 – surging by 33.2 per cent from $678.9 million in 2021 – with the fourth quarter accounting for the lion’s share at 28.61 per cent of the annual total, according to figures from the finance ministry’s ...

The Ministry of Commerce warns that it will fine business owners who fail to affix or post clear prices for their products and services as instructed by relevant authorities. ...

Cambodia is considering investing in rice production in Cuba to help strengthen the Caribbean island nation’s capacity to ensure food security, as well as to increase the presence of the Kingdom’s varieties of the stable crop in international markets. ...

The banking system has played a crucial role in supporting Cambodia’s recovery from the economic downturn in the wake of Covid-19 with National Bank of Cambodia (NBC) pursuing an accommodative and prudent monetary policy to meet the needs of the economy. ...

Cambodia and Vietnam have signed a series of agreements to strengthen trade and cooperation between the two nations ...

On the recommendation of Prime Minister Hun Sen, the Ministry of Commerce has notified all departments of commerce in the capital and provinces that prices must be affixed to all goods throughout the Kingdom. ...

Cambodia and Indonesia have discussed further cooperation in trade, investment and tourism by promoting the export of Cambodian agricultural products to the Indonesian market. ...

A week after Prime Minister Hun Sen asked the Ministry of Commerce (MoC) and Ministry of Tourism (MoT) to cooperate with each other to work on price labelling, the MoC has set strict rules to initiate legal actions against those businesses that fail to label ...

Cambodian Prime Minister said on Wednesday that China is the largest supplier of raw materials to the kingdom’s garment industry. ...

The Lancang-Mekong Peace Boat project was launched here in the capital of Cambodia on Tuesday, aiming at promoting peace building and prosperity in the region, officials said. ...

The National Bank of Cambodia (NBC) organized on Monday a Seminar on Riel, Financial Literacy and Bakong system, as part of the celebration of the 43rd anniversary of reintroduction of Riel, the national currency. ...

The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $16.2 million. ...

Prime Minister Hun Sen shared eight key recommendations in order to successfully implement the Public Financial Management Reform Program (PFMRP) Phase IV (2023-2027). ...

With the growing effects of climate change increasingly a major concern globally, balancing economic activities with environmental considerations has never been more urgent. ...

National Bank of Cambodia (NBC) deputy governor Chea Serey on March 20 made a general call to keep using the local currency in day-to-day transactions, as part of de-dollarisation and other monetary policy initiatives, as a means to promote economic development. ...

Prime Minister Hun Sen yesterday announced the launch of the government’s implementation of vision and strategies of its public finance management reform programs for the fourth phase to enhance financial achievements after the previous three phases had focused on budget, financial accountability and finance-policy connectivity. ...

Prime Minister Hun Sen has stated that in leading the country to stability and development as it is now, the Royal Government has prepared two major reform plans. ...

The American Apparel & Footwear Association (AAFA) and VF Corporation are urging Cambodian authorities to investigate​ forced labor used to produce export goods. ...

The real estate industry in Cambodia has been identified as a high-risk sector for money laundering due to a number of factors. In recent years, the industry has experienced substantial growth, which has attracted foreign investors, particularly from China. This has led to a substantial influx ...

Cambodia and Pakistan have agreed to look into setting up a joint committee between the two countries’ apex business associations, to unlock the envisaged potential of two-way trade and investment, and boost import-export flows beyond their historically limited levels, according to a Ministry of Commerce ...

A massive, freshly-launched tyre factory, backed by a $300 million investment from Chinese-owned General Tires Technology (Cambodia) Co Ltd, could be the breakthrough that the local rubber and automotive sectors have been waiting for, and potentially act as a type of price stabiliser for domestic ...