Economy and commerce

Figures from the Ministry of Agriculture, Forestry and Fisheries show that from January to August 2021, Cambodia exported about 876,521 tonnes of cashew products to foreign markets, a significant increase of 340 percent compared to the same period the previous year. ...

The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ...

Projects under the Belt and Road Initiative (BRI) have been helping buffer Cambodia’s economic development against the fallout of COVID-19, officials and academics said in recent interviews. ...

The Council for the Development of Cambodia (CDC) has approved 211 Japanese investment projects worth about $3.14 billion to invest in Cambodia as of July 2021, according to a CDC’s press release. ...

The speed of the government’s Covid-19 vaccination campaign will provide significant opportunities for Cambodia to welcome back fully-vaccinated international visitors, as the Kingdom gears up to host the ASEAN Tourism Forum (ATF) on January 16-22, Cambodia Association of Travel Agents (Cata) president Chhay Sivlin affirmed. ...

The Royal Government of Cambodia (RGC) on September 1 deployed Phase II of its online business registration platform, known as the “Single Portal”. ...

Amru Rice, Cambodia’s largest producer and exporter of the grain, is working with its farmers to diversify beyond the country’s largest agriculture product and grow other foodstuffs, including black pepper, cassava and cashews. ...

The Council for the Development of Cambodia (CDC) has approved a cumulative 211 Japanese investment projects as of July 31 worth about $3.14 billion since its inception in 1994, according to the CDC. ...

The Ministry of Economy and Finance on September 1 is due to deploy Phase II of its online business registration platform, also known as the “Single Portal”, it said in a press release. ...

Cambodia Trade, an online marketplace for small and medium enterprises (SMEs), is scheduled to operate officially in weeks after 16 firms were approved by the Ministry of Commerce to display their products. ...

The 22nd Cambodia-Japan Joint Committee met via video conference with more than 130 members of the private sector in attendance this week. Discussions focused on minimum wage, taxes, logistics, energy supply, automobile imports, human resource development and organising workshops to better understand supply chains, according ...

The Royal Government of Cambodia (RGC) has launched the five-pillared Cambodia Science, Technology and Innovation Roadmap for 2030, in a bid to create an ecosystem of knowledge management, creativity and entrepreneurial spirit, designed to be inclusive, sustainable and conducive to the relevant economic sectors and ...

The Ministry of Commerce on Monday signed a memorandum of understanding (MoU) with Wing Bank (Cambodia) Plc on easing payments for consumers trading on the ministry’s CambodiaTrade marketplace.   ...

CP All Pcl, a Thai multi-product retailer, opens Cambodia’s first 7-Eleven retail store in Sangkat Prek Leap, Khan Chroy Changvar, Phnom Penh in line with its plans to expand its business into the ASEAN region. ...

Along with the development of modern technology, businesses in the agricultural sector have also introduced agricultural drone as a tool to assist the sector. Growing as well as reducing costs and saving time. ...

With the Covid-19 pandemic expected to leave long-term impacts on global investment patterns and consumer behaviour, the CLMVT countries are counting on closer economic cooperation within Southeast Asia to help them benefit from each other’s strengths. ...

Vietnam’s overseas investment surged 74.1 percent year on year to $575 million in the first eight months of 2021, according to the Ministry of Planning and Investment. ...

Switch Garment, together with The Energy and Resources Institute (TERI) and the Institute of Technology of Cambodia (ITC) kicked off this month a series of energy audits which will take place in garment factories across Cambodia, according to a press release issued this week. ...

Switch Garment, in collaboration with New Delhi-based The Energy and Resources Institute (Teri) and the Institute of Technology of Cambodia (ITC), kicked off a series of energy audits in Cambodian garment factories.   ...

The new Law on Investment is expected to come into force next year, 10 years after the government embarked on a plan to repeal the existing statute, which was enacted in 1994, and amended in 2003.   ...

Southeastern Phnom Penh’s colossal 125ha Koh Norea satellite city project is pressing ahead, with river filling on track to be completed by the end of this year, according to Touch Samnang, deputy director-general of developer Overseas Cambodian Investment Corp Ltd (OCIC). ...

The Cambodia-Australia Agricultural Value Chain (Cavac) programme on August 25 released a study identifying nine high-value crops with strong export potential in China, the EU, ASEAN, Australia and New Zealand.​ ...

Cambodia is due to host the 3rd Joint Working Group Meeting of the Cambodia-Eurasian Economic Union (EAEU) Commission on September 7-8, which will focus on trade and investment cooperation. ...

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 12 projects with capital investment of over $79 million this month as of August 23, which could generate a reported 4,048 new jobs. ...