Economy and commerce

The Cambodia Chamber of Commerce (CCC) has asked Vietnamese Customs for its full commitment to the Single Stop Inspection and Common Control Area (SSI & CCA) initiative, in the interest of boosting cross-border trade between the two countries. ...

To boost bilateral trade to around $1 billion (TL 18.78 billion), Cambodia has sought investments from Türkiye in agriculture, storage and processing facilities for exports to the European Union and other nations. ...

A mix of equity and bond listings are expected to double Cambodia Securities Exchange (CSX)’s total new securities to 14 in 2023, the CSX said on Wednesday. ...

The National Bank of Cambodia (NBC) said the banking system has played an active role in continuing to support the economic recovery by continuing to provide appropriate financial services to meet economic needs. ...

By the end of this year, Cambodia is all set to add more airport capacity to its existing facilities with the opening of the new Siem Reap Angkor International Airport. ...

Cambodia’s international trade in 2022 totalled more than $52 billion, a 9.2 percent year-on-year increase, while Cambodia’s exports jumped more than 16 percent. ...

The Royal Government of Cambodia collected $1.5 billion in value added tax (VAT) for goods and services in the first eleven months of 2022. ...

The value of imports and exports passing through the China-Cambodia jointly invested Sihanoukville Special Economic Zone (SSEZ) reached $2.49 billion in 2022, a year-on-year increase of 12 percent, SSEZ General Manager Cao Jianjiang told Xinhua on Tuesday. ...

Sixty-three percent of the construction work on a Chinese-invested international airport in northwestern Cambodia’s Siem Reap province has so far been completed, said a press statement on Monday. ...

The government has extended a suspension of “advance income tax” until the end of 2025 for eligible textile-related enterprises, a good deal of which have been hurt by a drop in orders as a result of global economic headwinds linked to the ongoing Ukraine crisis. ...

Cambodia exported 169,658 tonnes of fresh and dried mangoes in the first 11 months of 2022, down 30.28 per cent year-on-year, according to the Ministry of Agriculture, Forestry and Fisheries. ...

The head of the apex Cambodia trade body has asked importers operating in the southern Chinese region of Guangxi to take advantage of the Cambodia-China Free Trade Agreement (CCFTA) and buy produce made in the Kingdom, particularly items on which concessions have been granted. ...

An unnamed special economic zone (SEZ) is set to break ground on a one-million square metre plot in Kampong Cham province’s Cheung Prey district “soon”, according to provincial governor Un Chanda. The governor revealed this to the media on January 9 on the sidelines of a ...

Seven months after the announcement of the $150 million co-financial intervention package, only $41.52 million has been released to the businesses affected by the Covid-19 pandemic by the state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) and other participating financial institutions, according ...

Cambodia exported $1.81 billion worth of products to Japan in the first 11 months of last year, a year-on-year increase of 11.4 percent, according to the data from the Japan External Trade Organization (JETRO) yesterday. ...

Australia’s Ambassador to Cambodia Pablo Kang and Minister of Commerce Pan Sorasak jointly launched two publications: “Cambodian Crops with Prospects for the EU and RCEP Markets” and, “Cambodia and Unlocking Global Markets by Leveraging Free Trade Agreements”. ...

Walmart, the world’s largest retailer intends to learn more about Cambodia’s trade and investment potential, potentially expanding its business in a future collaboration with the Ministry of Commerce. ...

Investment projects worth $16 million are expected to create more than 4,600 jobs in Cambodia as the Council for the Development of Cambodia (CDC) last week gave the project registration certificate to three companies. ...

Cambodia exported $11,391 million worth of products to the United States in January-November of 2022, a 42 percent increase compared to the same period last year, the US Census Bureau reported yesterday. ...

The Council for the Development of Cambodia (CDC) approved fixed asset investment projects worth over $4.685 billion in 2022, up 7 percent as compared to a year before. ...

As Cambodia readies to welcome an expected influx of Chinese tourists, the Ministry of Tourism said that it expects Cambodia to receive about seven million tourists by 2025. ...

Cambodia exported more than 637,000 tons of rice last year, with nearly half going to China, official data showed on Friday. ...

Cambodia attracted fixed-asset investment of $4.68 billion in 2022, up 7.5 percent from $4.35 billion in a year earlier, a Council for the Development of Cambodia’s report showed on Friday. ...

Indicating a renewed interest in travelling, the famous UNESCO World Heritage Centre Angkor Archaeological Park, attracted 287,454 foreign tourists in 2022 and earned $11.5 million last year, the state-owned Angkor Enterprise said in a statement. ...