Economy and commerce

The Sihanoukville Autonomous Port saw revenue rise 14 percent in the first half of the year from the same period in 2020, to more than $44 million. ...

Cambodia is committed to harnessing the potential of the ASEAN-China Free Trade Agreement (ACFTA) to maximise economic benefits and implement structural reforms that promote, encourage and facilitate trade, investment and business. ...

The Covid-19 pandemic has rocked the retail landscape in Phnom Penh, with anxiety around infection risk keeping the masses away from shopping malls and driving retail consumption down by nearly five per cent in the first half of this year, compared to July-December 2020, according ...

WorldBridge Secure Logistics (WSL) has rebranded as Brink’s WorldBridge Secure Logistics (BWSL) with the full fledged entry into Cambodia of Brink’s, the world’s largest secure logistics company. ...

The Draft Law on Investment of the Kingdom of Cambodia was approved by the Royal Government in the Plenary Meeting of the Council of Ministers chaired by Prime Minister Hun Sen.   ...

The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) neared the $1 billion mark in the first half of this year, despite a spiralling third wave of coronavirus infections, dubbed the “February 20 community event”. ...

The free trade agreement (FTA) between Cambodia and China is likely to come into force next year, after winning unanimous support from the National Assembly’s expert committee. The Ministry of Commerce will now submit a draft law to the National Assembly for approval. ...

The Council of the Ministers approved the new investment law draft last week in order to attract increased investment flow to the Kingdom and enhance the nation’s economic diversification and competitiveness. ...

The Council of Ministers, or Cabinet, on July 9 approved the Draft Law on Investment, following a plenary session chaired by Prime Minister Hun Sen via a Zoom call. ...

The government has approved the draft investment law, following a plenary session of the Council of Ministers chaired by Prime Minister Hun Sen via a Zoom call on July 9. “The law is aimed at increasing Cambodia’s potential at attracting more domestic and foreign investors,” Hun ...

The draft of the new investment law was approved by the Council of Ministers at a Friday morning meeting held under the presidency of Prime Minister Hun Sen via video conference. ...

Foreign direct investment (FDI) fell 50 percent Jan-May from the same period in 2020, according to the Ministry of Economy and Finance. Investment projects for the first five months of 2021 were valued at $825 million, a 59 percent drop from results for the same ...

The government is planning to discuss a new law to stimulate investment in the country. The Office of the Council of Ministers will hold a virtual meeting on Friday to review the draft law, following the approval of Mr Hun Sen. The prime minister will ...

Leaders in the region and beyond must advance various forms of bilateral and multilateral cooperative relations, and join hands to create meaningful traction in economic recoveries for when the spread of the novel coronavirus eases to a significant enough degree, according to Prime Minister Hun ...

The Council for the Development of Cambodia (CDC) approved 70 projects with a total capital investment of $2.428 billion in the first half of this year. This is according to calculations by The Post based on CDC statements issued via social media throughout the January-June ...

Cambodian exports to China were valued at $558 million Jan-May, up over 56 percent year on year against the same period. The increase was driven by rising Chinese demand for Cambodian agricultural products. ...

Cambodia exported 132,174 tonnes of natural rubber worth $221.67 million in the first half of this year, up by 7.18 per cent and 38.12 per cent year-on-year in volume and value, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...

Cambodia exported 4,454,505.33 tonnes of agricultural products in the first half of this year, surging by 84.64 per cent year-on-year, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon on June 30.​ ...

The Collective Investment Scheme or CIS – an important source of financing for large development projects – is relatively new in Cambodia ...

The government, with support from development partners, on June 28 launched the National Circular Economy Strategy and Action Plan, as well as an affiliated platform to engage the private sector in the Kingdom’s transition towards a circular economy. ...

Seven financial institutions (FI) on June 29 signed a credit guarantee agreement with government-owned Credit Guarantee Corporation of Cambodia (CGCC) to provide more business loans in an effort to contribute to economic activities amid the ongoing Covid-19 health crisis. ...

Cambodia’s economy remains strong despite the Feb. 20 community outbreak of COVID-19 and the lockdown of Phnom Penh capital and Takhmao town of Kandal province in April. ...

Bilateral trade between Cambodia and South Korea reached $377 million for the first five months of 2021.  This represents a 6.2 percent increase compared to the same period last year.   ...

Shipments of goods from Japan to Cambodia jumped by more than one third in the first four months of the year as stimulus spending and higher demand increased calls for foreign goods. ...