Economy and commerce

The Khmer riel promoted national identity, nurtured unification in Cambodia

The seminal role of riel in strengthening Cambodia’s national identity and promoting economic stability came into full display during a seminar to mark the 45th anniversary of the re-circulation of the riel, yesterday. ...

Sum Manet
https://www.khmertimeskh.com/501657685/the-khmer-riel-promoted-national-identity-nurtured-unification-in-cambodia/

AI to propel Cambodia’s fintech revolution, IBCC says

Indian Business Chamber in Cambodia (IBCC) Wednesday unveiled an artificial intelligence (AI) system for the banking industry aimed at enhancing customer experiences and supporting Cambodia’s ongoing fintech transformation and digital banking evolution. /// ...

Nhean Chamrong
https://www.khmertimeskh.com/501657661/ai-to-propel-cambodias-fintech-revolution-ibcc-says/

WTO discusses Cambodia, China Free Trade Agreement

A special meeting held by the World Trade Organisation (WTO) on Wednesday discussed the Free Trade Agreement (FTA) between Cambodia and China. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501657651/wto-discusses-cambodia-china-free-trade-agreement/

ADB reaffirms strong partnership with Cambodia

Asian Development Bank (ADB) reaffirmed its strong partnership with Cambodia and commitment to advancing economic diversification, private sector development, and investments in human capital to sustain inclusive growth. ...

Sum Manet
https://www.khmertimeskh.com/501658720/adb-reaffirms-strong-partnership-with-cambodia-2/

MoC urges support for local products

The Ministry of Commerce (MoC) has called on local producers to ensure that their products are hygienic, quality and safety standards and encouraged Cambodian consumers to support locally produced goods.   ...

Chea Vanyuth
https://www.khmertimeskh.com/501657673/moc-urges-support-for-local-products/

CEYFA calls for campaigns to promote informal economy registration

The Cambodian Economic Youth Federation Association (CEYFA) Monday urged authorities to increase campaigns to promote the benefits of informal economy workers, encouraging their participation in supply chains and enhancing value creation in national economic activities.   ...

Mom Kunthea
https://www.khmertimeskh.com/501656110/ceyfa-calls-for-campaigns-to-promote-informal-economy-registration/

New MoU sees commerce ministry back domestic animal feed production

The Ministry of Commerce has thrown its weight behind efforts to promote the Kingdom’s domestic animal feed industry, signing a memorandum of understanding (MoU) with six factories to facilitate the purchase of ingredients. ...

Hin Pisei
https://www.phnompenhpost.com/business/new-mou-sees-commerce-ministry-back-domestic-animal-feed-production-

Alcohol billboards generate $160 million in 2024

Cambodia has a total of 140,710 billboards across the country, with 17 companies providing advertising services in three formats. ...

Hong Raksmey
https://www.phnompenhpost.com/national/alcohol-billboards-generate-160-million-in-2024

Zhengzhou development group considering Cambodian investments

The leadership of the Zhengzhou Agricultural Development Group, based in China’s Henan province, has expressed interest in investment opportunities in Cambodia, particularly in the development of agro-industrial parks. ...

Hin Pisei
https://www.phnompenhpost.com/business/zhengzhou-development-group-considering-cambodian-investments

CBC: More than half of Cambodian adults in debt

As of the end of 2024, 5.04 million Cambodian citizens – or 51 per cent of the over-18-year-old population – had utilised credit or taken out loans. The total amount of credit equalled to almost $59 billion (236,429.266 billion riel). ...

Niem Chheng
https://www.phnompenhpost.com/national/cbc-more-than-half-of-cambodian-adults-in-debt-

New Sino-Cambodia ‘cold chain’ shipping route launched

The newly-launched “cold chain + general cargo” transport route between the China’s southernmost port Fangchenggang and Cambodia’s Koh Kong Port is set to enhance the Kingdom’s export capacity, according to business insiders and Chinese officials. ...

Hin Pisei
https://www.phnompenhpost.com/business/new-sino-cambodia-cold-chain-shipping-route-launched

Cambodia’s intellectual property draft law reviewed

Cham Nimul, Minister of Commerce, held a meeting on Monday to review the draft Intellectual Property Law, which was attended by senior members of the ministry.   ...

Sreekanth Ravindran
https://www.khmertimeskh.com/?p=1655403

GDT mulls integrating AI for better efficiency

The General Department of Taxation (GDT) plans to integrate Artificial Intelligence (AI) technologies as part of the modernisation and reform drive, said Kong Vibol, Minister Attached to the Prime Minister and Delegate of the Royal Government in charge as Director-General of GDT, yesterday.   ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501655442/gdt-mulls-integrating-ai-for-better-efficiency/

NBC thrusts raising awareness on informal loans

The National Bank of Cambodia (NBC) Wednesday called on local authorities in Ratanakiri province to strengthen public financial education, particularly for indigenous communities, to raise awareness of the risks associated with informal loans and the consequences of using community land as collateral.   ...

Sum Manet
https://www.khmertimeskh.com/501653616/nbc-thrusts-raising-awareness-on-informal-loans/

‘Not Possible’ to ban frozen meat imports, ministry says

The Ministry of Commerce has dismissed calls by farmers to ban frozen meat imports because they are bound by free trade agreement contracts. ...

Meas Molika
https://kiripost.com/stories/not-possible-to-ban-frozen-meat-imports-ministry-says

Indian ambassador pledges increased trade, tourism promotion

Recently appointed Indian Ambassador to Cambodia Bawitlung Vanlalvawna has committed to expanding India-Cambodia bilateral trade relations and encouraging more Indian investors and tourists to visit the Kingdom. ...

Hin Pisei
https://www.phnompenhpost.com/business/indian-ambassador-pledges-increased-trade-tourism-promotion

EU grants €15 million to modernize Cambodia’s agriculture, boost exports

The European Union (EU) Friday granted €15 million, approximately $16.38 million, to modernize Cambodia’s agricultural sector and improve farmers’ access to both domestic and global markets. ...

Sum Manet
https://www.khmertimeskh.com/501654845/eu-grants-e15-million-to-modernize-cambodias-agriculture-boost-exports/

Digital Economy Forum underscores Kingdom’s rapid digitalization

The Digital Economy Forum 2025 focussed on Cambodia’s advancing digital landscape by fostering digital literacy and promoting the importance of digitalization. ...

Chea Vanyuth
https://www.khmertimeskh.com/501654849/digital-economy-forum-underscores-kingdoms-rapid-digitalization/

Kingdom signed concessional loans totalling $1.8 billion

The Royal Government of Cambodia secured new concessional loans close to $1.8 billion ($1.79584 billion) from various development partners, marking an increase of two percent from the previous year, according to Cambodia Public Debt Statistical Bulletin released last week. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501654851/kingdom-signed-concessional-loans-totalling-1-8-billion/

Europe provides over $16 mil to support Cambodia’s rural economy

The European Investment Bank (EIB Global) has provided a grant of 15 million euros (approximately $16.27million), to Cambodia to support rural economic development and trade in agricultural products. ...

Khmer Times Staff
https://www.khmertimeskh.com/501654129/europe-provides-over-16-mil-to-support-cambodias-rural-economy/

Kampot International Tourism Port set to open on April 3

To coincide with the upcoming Khmer New Year (KNY) festival, the Royal Government of Cambodia (RGC) has scheduled to officially inaugurate the Kampot International Tourism Port on April 3.​​ ...

Nhean Chamrong
https://www.khmertimeskh.com/501652997/kampot-international-tourism-port-set-to-open-on-april-3/

CDC lays out recommendations to bolster G-PSF mechanism

The Council for the Development of Cambodia (CDC) outlined four key recommendations to enhance the effectiveness of the Royal Government-Private Sector Forum (G-PSF), focusing on improving communication, accelerating operational procedures and developing the website. ...

Nhean Chamrong
https://www.khmertimeskh.com/501653004/cdc-lays-out-recommendations-to-bolster-g-psf-mechanism/

LDC graduation could drop Cambodia’s growth by 1.5%

Cambodia’s graduation from a Least Developed Country (LDC) could slow GDP growth by up to 1.5 percent with a potential loss of 165,000 jobs, cautioned Alissar Chaker, Resident Representative, United Nations Development Programme (UNDP) Cambodia. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501652995/ldc-graduation-could-drop-cambodias-growth-by-1-5/

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