Economy and commerce

The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) in the country registered a 38 percent year-on-year increase, according to reports. ...

Inflation rose to 7.2 percent in May this year in the country, the highest in the last decade, the National Bank of Cambodia (NBC) said yesterday, adding that it has unleashed a set of measures to control the inflationary pressures and protect the purchasing power ...

The unemployment rate for Cambodia is expected to be at 0.31 percent this year, which is the lowest among all member states of the Association of Southeast Asian Nations (Asean), according to the Asean Information Center. ...

Cambodia collected $3.26 billion from all sources of taxes in the first half of 2022, up 22 percent from 2.67 billion dollars over the same period last year. ...

The Council for the Development of Cambodia (CDC) has approved an investment project worth $84.5 million that will need about 1,000 workers to manufacture solar panels in an industrial zone in Kratie province, according to a release by the CDC. ...

The State Bank of Vietnam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100 percent-owned bank in Cambodia on the ground of its branch in Phnom Penh. ...

In the first half of 2022, Cambodia exported 2.3 million tons of cassava products, an increase of about 40 percent compared to the same period last year. ...

Cambodia continues to attract large investments, with the latest being four CDC-approved investments worth more than $100 million. ...

Cambodia exported 168,280 tons of milled rice to China in the first half of 2022, up 17.4 percent over the same period last year, said an official report on Monday. ...

Public-listed stated-owned enterprise Phnom Penh Autonomous Port (PPAP) recorded a 29 percent increase in unaudited revenue to $19.76 million in January-June period this year. ...

Throughout the first half of 2022, fishermen across Kampot province harvested approximately more than 12,000 tonnes of freshwater and saltwater fish and crustaceans. ...

Prime Minister Hun Sen urged Bangladeshi investors to invest in the rice sector in Cambodia by building rice mills and buying rice from Cambodian farmers to export to Bangladesh. ...

Cambodia exported 135,137 tonnes of rubber in the first half of 2022, a 3 percent increase compared to the same period last year, earning $215 million as revenue, up 2.9 percent. ...

Each year, more than 1,000 tonnes of counterfeit products are discovered and seized by officials of the General Department of Consumer Protection, Competition and Fraud Repression (CCF). The counterfeit products are usually consumer goods, including food and beverage products that can affect the health of ...

Aing Bunath acknowledges that local residents were getting a little greedy during Sihanoukville’s online gambling boom in recent years. ...

The Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have given a boost to the fledgling e-commerce industry in Cambodia, experts said on Monday . ...

The Covid-19 pandemic has had an unprecedented impact on Cambodia’s tourism sector however, it was handled well with the proactive efforts of the government and the timely introduction of socio-economic development policies, a top tourism official has said.​ ...

Cambodia saw high growth in exports in the January-June period this year, driven by the resumption of socio-economic activities, trade preferences in the Regional Cooperation Economic Partnership and the bilateral free trade agreement with China. ...

Cambodia’s total trade volume was valued at $27.2 billion in the first half of 2022, up 20 percent from 22.6 billion dollars over the same period last year, according to an official report released on Tuesday. ...

The sharp rise in digital payments is a driving force for the development of e-commerce in Cambodia, Jack Lee, chief executive officer and founder of online market Smile Shop in Cambodia, said on Monday. ...

The Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have given a boost to development of the fledgling e-commerce industry in Cambodia, experts said on Monday. ...

The Cambodia Chamber of Commerce (CCC) on July 8 advised owners of local small- and medium-sized enterprises (SME) to understand and follow the legal procedures for export to streamline the process and reduce compliance issues. ...

The General Department of Customs and Excise earned $1,293 million in customs income in the first half of this year, representing 50.1 percent of the financial plan for 2022. ...

The number of international tourists to Cambodia soared by 394 percent to 506,762 in the first six months of this year. ...