Economy and commerce

Cambodia’s export volume to China has been slipping since May, but economists feel it might not waylay Cambodia’s economic growth much ...

Phnom Penh recently announced the implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35 to raise the potential of investment and trade and improve national economic productivity, according to Aun Pornmoniroth, minister of economy and finance and chairman of the National Committee for ...

The number of companies registered through the information technology platform co-developed by multi-ministries has reached 19,072 as of 2 November 2022, according to the figures from the Ministry of Economy and Finance (MEF) yesterday. ...

Cambodia exported a total of $4,703 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first nine months of this year, an increase of six percent when compared with the same period last year. ...

Regional Comprehensive Economic Partnership (RCEP) will boost trade volume by around $40 billion and increase real income by up to 2.5 percent, according to Prime Minister Hun Sen. ...

The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...

Cambodia’s Biz Fair is making a return after a pandemic-fuelled hiatus and is expected to attract 500,000 visitors to the five-day event hosted at a newly-developed stretch of coastline close to Sihanoukville. ...

The Regional Comprehensive Economic Partnership (RCEP) is an important mechanism to safeguard the rules-based multilateral free trade system against the trends of anti-globalization and protectionism, Cambodian Prime Minister Hun Sen said on Wednesday. ...

Hun Sen, Prime Minister of the Kingdom of Cambodia, yesterday morning announced that the bilateral free trade agreement between Cambodia and South Korea will come into force in December this year. ...

The Cambodian government is pushing for the establishment of more bilateral free trade agreements with main trade partners in a bid to access wider markets for the country’s products. ...

Lauding the Regional Comprehensive Economic Partnership (RCEP), Cambodian Prime Minister Hun Sen said it has strengthened the global value chains and protected the multilateral free trade system. ...

The personal loan market improved significantly in the third quarter of 2022, according to the Consumer Credit Index of the Credit Bureau Cambodia (CBC). In the third quarter, the number of consumer credit applications increased marginally from the second quarter, according to the latest report. ...

Singapore has replaced China as the leading investing country in Cambodia in 2021, accounting for six projects, or 40 percent of Cambodia’s inward FDI, revealed the Investment Monitor’s ‘2022 Inward FDI Performance Index’, released recently. ...

Despite food prices in Cambodia slightly decreasing in September compared to the previous month, some food products will remain expensive in the long-run, which impacts Cambodian food supplies and livelihoods. To save Cambodia from food inflation, the Kingdom needs to boost more local agricultural productions, ...

A new website dedicated to serving readers’ cravings for the essential progress of Cambodia’s digital economy has been officially launched by Meta (formerly Facebook) and Open Development Cambodia (ODC). ...

Train operator Royal Railway Plc, a subsidiary of local conglomerate Royal Group of Companies Ltd, on October 31 became the eighth firm to list a corporate bond on the Cambodia Securities Exchange (CSX) to raise 41 billion riel, or about $10 million, to expand their ...

Cambodia and United Arab Emirates on Wednesday completed the first round of the negotiations on the Cambodia-UAE Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) in Abu Dhabi City, according to a release by the Ministry of Commerce (MoC). ...

Khuong Sreng, Governor of Phnom Penh, called on investors to invest more in Phnom Penh, especially in the food sector, to boost the country’s economy. ...

The General Department of Tax (GDT) of the Ministry of Economy and Finance has asked tax payers to follow the official exchange rate issued by National Bank of Cambodia (NBC), in a move to strengthen tax collection efficiency. ...

The Cambodian government on Friday approved the next three-year public investment program (2023-2025), which would require a total capital of $9.22 billion to implement 663 projects, government spokesperson Phay Siphan said. ...

The Kingdom of Cambodia continues on its high growth path in the post-Covid pandemic scenario and is set to report robust growth this year as well as the next few years, according to the International Monetary Fund (IMF). ...

Cambodian economic growth for 2023 is expected to be 6.6 per cent higher than the of the current gross domestic product of 32,291 million. GDP per capita is predicted to rise to $1,924, from the current figure of $1,785, according to the outcome of an ...

The Council of Ministers has approved a draft budget for 2023 of 39,206,205 million riels, or $9.6 billion, a 13 percent increase on 2022. ...

The Ministry of Economy and Finance will organize its first ever ‘Fintech Stage’ exhibition in Cambodia to promote the digital economy. The Fintech Stage will join the Cambodia Tech Expo 2022, to be held from November 11-13 at the Koh Pich Convention and Exhibition Centre. ...