Economy and commerce

Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries reached $16.9 billion in the first half of this year, up 14% from $14.8 billion over the same period last year, said a Ministry of Commerce’s report on Saturday. ...

Cambodia’s fisheries sector, a source of income and employment for approximately 33,000 individuals – predominantly women – faces substantial challenges in exporting its products to the EU. ...

The financial standing of Cambodian borrowers has seen improvement over the years in many cases, as per data with the Cambodian Microfinance Association (CMA). ...

In a significant step towards enhancing bilateral relations, Cambodia and Thailand have committed to deepening their cooperation across various fields, emphasising practical results and a strategic partnership that prioritises the interests of their people. ...

Cambodia and China have witnessed a substantial increase in bilateral trade during the first half of 2024, according to an official report released on Wednesday by the General Department of Customs and Excise.​ ...

Vietnam’s President and the Cambodian Government have reaffirmed their commitment to strengthening bilateral relations and cooperation, driven by a shared cultural heritage and principles of good neighbourliness. Both sides aim to expand and deepen their partnership for the betterment of their peoples and nations. ...

Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...

Cambodia exported more than 545,000 tonnes of raw cashew nut in the first semester of 2024, an increase of 50 percent compared to the same period in 2023, said a report of the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Wednesday. ...

The Vietnamese President will make an official visit to Cambodia this week – his second overseas trip since being elected in June – with analysts predicting cyber crimes, the Funan Techo Canal and the border will be on the table. ...

Cambodia exported 338,654 tonnes of milled rice in the first six months of 2024, a year-on-year increase of 2.7 percent, the Cambodia Rice Federation (CRF) said on Tuesday. ...

The Cambodian economy is demonstrating signs of a recovery in terms of gross domestic product (GDP) growth in 2024 and the following periods, according to new statistics released by the Ministry of Economy and Finance’s (MEF) General Department of Policy which have predicted the country’s ...

Heng Sour, Minister of Labour and Vocational Training, signed a Memorandum of Understanding with Fukuhara Koji, President of the Japanese Business Association of Cambodia (JBAC), on July 9 to promote internship cooperation in order to support technical and vocational skills training. ...

Cambodian and Japanese bilateral relationship and cooperation have further strengthened, following a visit by Japanese Foreign Affairs Minister Yoko Kamikawa on July 6. ...

Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...

Cambodia has knocked off Ivory Coast to become Vietnam’s biggest supplier of raw cashew nuts. Earlier it was the African nation that held the position. The General Department of Customs of Vietnam made the announcement on Saturday.   ...

Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...

Cambodia and Japan Saturday in principle agreed to strengthen and expand cooperation on infrastructure and connect maritime space through participation in the design and development of Sihanoukville Autonomous Port. The two countries also agreed to expand cooperation in the economic field and attract Japanese investment. ...

The Council for the Development of Cambodia (CDC) approved $3.2 billion in fixed-asset investment for 190 projects during the first six months of 2024, nearly double (up 194 percent) the investment from the $1.1 billion recorded for the same period last year. ...

Japan’s Minister of Foreign Affairs is gearing up for an official visit to Cambodia from July 5 to 6 to strengthen economic and sociopolitical cooperation between the two nations, with analysts predicting closed door discussions will take place on human rights and democracy. ...

Cambodia has approved 190 investment projects totalling more than $3.2 billion and providing more than 68,500 jobs, with the bulk of foreign investment coming from China. ...

Wang Wenbin, the newly appointed Chinese Ambassador Designate to Cambodia, has pledged to enhance cooperation between China and Cambodia, aiming to achieve greater accomplishments and benefits for the people of both nations. ...

Cambodian Deputy Prime Minister Sok Chenda Sophea, Minister of Foreign Affairs and International Cooperation, and visiting Minister for Foreign Affairs of Japan, Ms. Kamikawa Yoko, held a constructive bilateral talk on some keys to cooperation. ...

From January to June 2024, the Council for the Development of Cambodia (CDC) approved 190 new projects, production expansion projects, and special economic zone investment projects with a total investment of $3.2 billion and can create 168,572 jobs. ​ ...

The Ministry of Commerce (MoC) is taking steps towards establishing a network of wholesale markets across Cambodia to improve market efficiency, reduce post-harvest losses and stabilize prices. ...