Economy and commerce

Minister of Tourism Thong Khon on November 21 outlined seven key recommendations for more efficient and effective post-Covid-19 development of the eco- and community-based tourism segments, with emphasis on turning challenges into opportunities. ...

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed some $418 million in loans to at least 3,185 small- and medium-sized enterprises (SME) since its foundation, as of October 31, to keep them from going under during the height of ...

The National Social Security Fund (NSSF) has instructed its officials to focus on outreach to small enterprises and encourage them to register with the NSSF, noting that some of the businesses obligated to pay into the fund in its first month have been slow to ...

Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...

The Securities and Exchange Regulator of Cambodia (SERC) in collaboration with relevant authorities has started investigating non-governmental organisations (NGOs), associations, companies and individuals that have illegal investment schemes to collect funds from the public, said a top official of the regulator. ...

Bakong payment system infrastructure has increased remarkably and has contributed to the use of financial technology and innovations, the National Bank of Cambodia said on Monday. ...

Cambodia and Vietnam continue to march towards the goal of achieving the $10 billion-plus bilateral trade volume this year and taking the economic partnership to a new high. The commitment reflects in the bilateral interactions too. ...

The Ministry of Economy and Finance has pledged to provide another $10 million in addition to a $83 million fund to purchase rice from farmers at a reasonable cost amid low prices​ to avoid selling to crooked dealers. ...

In the first 10 months of 2022, from January to October, Cambodia earned more than $396 million from the export of rubber and rubber wood said the report of the General Department of Rubber. ...

Cambodia exported 7.62 million tons of agricultural products in the first 10 months of 2022, earning $3.07 billion in revenue, according to a report released by the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Saturday. ...

The bilateral trade between Cambodia and South Korea reached $920 million in ten months of 2022, a year-on-year increase of 16.3 percent, according to a report from the Korea International Trade Association (KITA). ...

The Kingdom of Cambodia and the Socialist Republic of Vietnam have spoken highly of their economic partnership, bringing about their bilateral trade volume to US $ 10 billion this year. ...

In the first 10 months of 2022, Cambodian exports to the United States reached $7.61 billion reported the General Department of Customs and Excise of Cambodia. ...

The General Department of Taxation (GTD) of the Ministry of Economy and Finance (MEF) has collected more than $2.94 billion of tax revenue for the period of first 10 months this year, which passes the amount set in the budget law 2022 and increases 26.96 ...

A total of 19,072 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of November 2, the finance ministry reported, in an achievement seen as a reflection of government efforts to improve the ease of ...

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) totalled $2.069 billion in the first 10 months of 2022, marking a 17.09 per cent rise year-on-year from $1.767 billion, according to statistics posted by the operator at the weekend. ...

The trade volume between Cambodia and China registered a 7.1 percent year-on-year growth to $9.62 billion in the ten months of this year, according to the General Department of Customs and Excise. ...

Structural changes to be brought by Regional Comprehensive Economic Partnership (RCEP) can raise Cambodia’s exports between 9.4 percent and 18 percent annually, according to experts. ...

The region and the globe remain in the grip of a slew of intractable crises on top of the persistent effects of Covid-19, posing precarious economic headwinds and dampening growth prospects for the coming years. ...

The Kingdom of Cambodia and Brunei Darussalam have highly valued their bilateral relations and cooperation and pledged to further foster them. ...

The 2022 ASEAN summit took place at the Cambodian capital Phnom Penh, this past weekend, with China as an official guest. At the event, Chinese Premier Li Keqiang announced Beijing’s approval of Chinese investment in significant infrastructure projects in the ASEAN region. ...

Ten member states of Southeast Asian Nations (ASEAN), Japan, China, and Korea have boosted cooperation in trade and investment by taking advantage of the existing free trade agreements. ...

Premier Li Keqiang said that China is the largest developing country and reform and opening-up is its pathway toward modernization when meeting with the International Monetary Fund Managing Director Kristalina Georgieva in Phnom Penh, Cambodia, on Saturday. ...

The second Asean Global Dialogue kicked off here in the capital of Cambodia on Sunday, focusing on sustainable post-Covid-19 pandemic economic recovery. ...