Trade

Senior US officials met with Prime Minister Hun Manet during a visit aimed at boosting the relationship between the two countries, and to raise social issues that need to be resolved. ...

Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...

Following a one-day visit to Malaysia by Prime Minister Hun Manet, Cambodia and the predominantly Muslim nation have agreed to deepen their bilateral collaboration in various sectors. ...

The Cambodian Chamber of Commerce (CCC) in collaboration with ASEAN Business Advisory Council Cambodia supported by the Cambodian Government will host the Cambodia-ASEAN Business Summit in April in Phnom Penh. ...

The Phnom Penh Autonomous Port (PPAP), the Kingdom’s largest stock-listed river port, reported favourable business performance in the year’s first month, in line with the government’s projection of 6.6% economic growth, driven by global and regional economic improvements. ...

The US emerged as the leading buyer of Cambodian exports in the first month of 2024, with purchases nearing $630 million, approximately a third of the country’s total exports to the global market, as reported by the General Department of Customs and Excise (GDCE). ...

A business forum scheduled to be held on Tuesday in Kuala Lumpur, Malaysia, is expected to pave the way to enhance bilateral cooperation on trade, investment and economy between Cambodia and Malaysia. ...

Cambodia on Sunday called for the inclusion of the Investment Facilitation for Development (IFD) agreement into the WTO programme as such a fusion will benefit the member states – including Cambodia – by enhancing the investment climate. ...

Cambodia and the United Kingdom have agreed to push for better economic and trade cooperation, amid significant growth in bilateral trade in recent years. ...

A week after Prime Minister Hun Manet concluded his first official trip to Thailand, hundreds of Thai businessmen have shown keen interest in exploring investment opportunities in three potential projects across Cambodia in early March to the tune of $1 billion. ...

Amid the fall in global demand, Cambodia earned $121 million from the exports of rubber articles in the first month of this year, an increase of 123.5 percent compared to the same period last year, according to the latest trade data of the General Department ...

Cambodia exported 25.2 percent more milled rice to 46,221 tonnes this January, compared to the previous year, as per a Cambodia Rice Federation (CRF)’s report. This resulted in a 13 percent year-over-year rise in income to the exchequer of $32.6 million from rice exports in ...

The exports of garments, footwear and travel goods (GFT) rose by 21.64 percent in January this year, earning $967 million for the sector after declining for most of the time last year. The turnaround brought cheers to the vital sector of the Cambodian economy that ...

Cambodia’s foreign trade volume hit $4.05 billion in January 2024, up 16.7 percent from $3.47 billion in the same month last year, an official report showed on February 12, 2024. ...

Royal Group Phnom Penh SEZ Plc. (RGPPSP) has recorded an almost four-fold increase in annual net profits for 2023 compared to 2022, according to a Cambodia Stock Exchange (CSX) bourse filing by the special economic zone (SEZ) developer last week. ...

Cambodia and Thailand yesterday vowed to foster bilateral trade and investment by facilitating a better border-crossing mechanism for goods even as the two countries upgraded their ties to a strategic partnership. ...

Five Memorandums of Understanding (MoUs) were signed during Prime Minister Hun Manet’s visit to Thailand to strengthen the development of connectivity between Cambodia and the neighbouring country. ...

Prime Ministers of Cambodia and Thailand this week will meet in Bangkok and discuss steps for boosting bilateral trade, facilitating goods transport crossing the border, and removing barriers between the two countries. ...

The total import and export volume of the Sihanoukville Special Economic Zone (SSEZ) were valued at $3.36 billion in 2023, a year-on-year increase of 34.8 percent, the zone’s operator said in a statement issued recently. ...

Foreign minister Sok Chenda Sophea has expressed Cambodia’s commitment to enhancing the ASEAN-EU Strategic Partnership, noting that it is based on mutual respect, understanding and interests. ...

The value of imports and exports passing through the Sihanoukville Special Economy Zone (SSEZ) in Cambodia reached $3.36 billionin 2023, a year-on-year increase of 34.8 percent, the zone operator said in a recent statement. ...

Following the pandemic, economic growth has been steady, the International Monetary Fund (IMF) said, with expansion projected at six percent in 2024, from an estimated 5.3 percent last year, thanks to tourism and non-garment exports. ...

Transportation experts and economists are expressing optimism regarding the continued increase in the value of exports and imports within the Sihanoukville Special Economic Zone (SSEZ) for 2024. ...

The Ministry of Industry, Science, Technology, and Innovation has pushed for forming new small and medium enterprise (SME) clusters to help farmers sell their products to local productions, contributing to finished product export. ...