Economy and commerce
Cambodia, US to strengthen trade, investment cooperation
Cambodia and the United States have reaffirmed their commitment to bolster cooperation in trade and investment. ...
Chea Vanyuth
https://www.khmertimeskh.com/501495143/cambodia-us-to-strengthen-trade-investment-cooperation/
AMRO forecasts rosier growth for Cambodia in 2024
According to a press release from the ASEAN+3 Macroeconomic Research Office (AMRO) on Thursday, Cambodia’s economy is predicted to grow robustly in 2024, driven by a rise in exports and a continued tourism recovery. ...
Khmer Times Staff
https://www.khmertimeskh.com/501494147/amro-forecasts-rosier-growth-for-cambodia-in-2024/
SERC to strengthen Cambodia’s derivatives market with IFC help
The Securities and Exchange Regulator of Cambodia (SERC) partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to bolster the development of Cambodia’s derivatives market. ...
Chea Vanyuth
https://www.khmertimeskh.com/501493215/serc-to-strengthen-cambodias-derivatives-market-with-ifc-help/
Bank lending to households posts weak growth, says NBC
With bank credit growth reaching its lowest in two decades in Cambodia, households’ mortgage loans posted weak growth in 2023, said the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...
Rachel David
https://www.khmertimeskh.com/501492423/bank-lending-to-households-posts-weak-growth-says-nbc/
CDC, CCC review 19th G-PSF progress
The Council for the Development of Cambodia (CDC) in collaboration with the Cambodia Chamber of Commerce (CCC) organised a meeting to review the progress of the 19th Government-Private Sector Forum (19th G-PSF). ...
Nhean Chamrong
https://www.khmertimeskh.com/501492411/cdc-ccc-review-19th-g-psf-progress/
Cambodia tops emerging markets FDI index 2024
Cambodia has topped a recent global index produced by the UK-based business publication, fDi Intelligence. ...
James Whitehead
https://www.khmertimeskh.com/501492453/cambodia-tops-emerging-markets-fdi-index-2024/
Kingdom’s food delivery business to net $170M
The food delivery business in Cambodia that got its momentum during the Covid-19 lockdowns is expected to make further strides and net a revenue of $170.2 million by the end of the current year. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501493191/kingdoms-food-delivery-business-to-net-170m/
FDI inflows into manufacturing remain high
Foreign direct investment (FDI) inflows into the manufacturing sector remained high, after investment into construction and real estate, as per the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...
Rachel David
https://www.khmertimeskh.com/501491715/fdi-inflows-into-manufacturing-remain-high/
Kingdom, Korea to establish trade consultation channel soon
Cambodia and South Korea will have ‘Regular Consultation Sessions’ aimed at boosting trade and investment cooperation between the two countries. ...
Nhean Chamrong
https://www.khmertimeskh.com/501491711/kingdom-korea-to-establish-trade-consultation-channel-soon/
Cambodia proposes exclusive Special Economic Zone for Korean Firms to boost investment
Cambodian Prime Minister Hun Manet raised two initiatives to promote trade and investment of Korean investors in Cambodia. The premier spoke at the opening ceremony of the Cambodia-Republic of Korea Business Forum on 16 May 2024 in Seoul, South Korea. ...
Khmer Times Staff
https://www.khmertimeskh.com/501490362/cambodia-proposes-exclusive-special-economic-zone-for-korean-firms-to-boost-investment/
Korea FDI in Kingdom reaches $5 billion, says Prime Minister
Prime Minister Hun Manet yesterday said that the bilateral trade volume between the Republic of Korea and Cambodia reached approximately $751 million while Korea’s foreign direct investment (FDI) in the Kingdom recorded $30 million last year, taking the total FDI from the country to $5 ...
Nhean Chamrong
https://www.khmertimeskh.com/501489820/korea-fdi-in-kingdom-reaches-5-billion-says-prime-minister/
Agricultural loans fall to 31% from 36% in 5 years
As Cambodia diversifies, share of agricultural loans in rural credit falls from 35.8 percent to 31 percent in five years, as per data with the National Bank of Cambodia (NBC). ...
Rachel David
https://www.khmertimeskh.com/501490959/agricultural-loans-fall-to-31-from-36-in-5-years/
Kingdom, Korea ink 6 agreements
Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea yesterday witnessed the signing of four Memoranda of Understanding (MoUs) and two other agreements aimed at expanding multifaceted cooperation in financial development, investment flow, intellectual property, drug management, vocational training and ...
Nhean Chamrong
https://www.khmertimeskh.com/501489818/kingdom-korea-ink-6-agreements/
New companies of KIAF aim to expand business operations and invest in furniture, engineering, and automotive sectors in Cambodia
Cambodia Prime Minister Hun Manet paid a courtesy call to MARN Ki-jeong, President of the Korea Industrial Alliance Forum (KIAF), during his official visit to Seoul, Republic of Korea, on May 17, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501490369/new-companies-of-kiaf-aim-to-expand-business-operations-and-invest-in-furniture-engineering-and-automotive-sectors-in-cambodia/
Cambodia’s RCEP trade up 14%
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries rose by 13.98 percent to $11.19 billion, a report from the Ministry of Commerce said. ...
Chea Vanyuth
https://www.khmertimeskh.com/501489816/cambodias-rcep-trade-up-14/
The National Bank of Cambodia reviews measures of housing prices
The Asian Development Bank forecast last month that Cambodia would have one of the lowest inflation rates in Southeast Asia this year if global fuel prices remain stable. ...
Cambodia’s homestay market projected to grow at 8.22%
The homestay market in Cambodia is projected to surpass $59.3 million in earnings this year and in the next four years, it will surge to $81.34 million. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501489136/cambodias-homestay-market-projected-to-grow-at-8-22/
Cambodian pepper looks for market in Malaysia
The Cambodia Pepper and Spices Federation (CPSF) has sought ways to promote Cambodia’s peppercorn in the Malaysian market, stressing that this ASEAN nation has potential for organic pepper. ...
Chea Vanyuth
https://www.khmertimeskh.com/501489150/cambodian-pepper-looks-for-market-in-malaysia/
Cambodia, South Korea sign memorandum of understanding on six documents
The Government of Cambodia and the Republic of Korea (ROK) signed a Memorandum of Understanding (MoU) on six documents on the morning of May 16, under the chairmanship of Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol. ...
Khmer Times Staff
https://www.khmertimeskh.com/501489599/cambodia-south-korea-sign-memorandum-of-understanding-on-six-documents/
Cambodia records 17 pct rise in garment, footwear, travel goods export in first four months
Cambodia exported garment, footwear, and travel products (GFT) worth $3,763 million in the first four months of 2024, up 17 percent from the $3,211 million reported a year earlier, according to a report released by the Ministry of Commerce on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501489411/cambodia-records-17-pct-rise-in-garment-footwear-travel-goods-export-in-first-four-months/
Cambodia’s exports to RCEP countries up 16 percent in 4 months
Cambodia earned over $3.36 billion from exports to members of the Regional Comprehensive Economic Partnership (RCEP) in the first four months this year, up 16.2 percent from $2.89 billion recorded in the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501489447/cambodias-exports-to-rcep-countries-up-16-percent-in-4-months/
Social protection benefits all fragments of society
Authorities are calling on all people to register for the social protection system to enjoy the health benefits, among others, that they can enjoy. ...
Yatt Malai
https://kiripost.com/stories/social-protection-benefits-all-fragments-of-society
UAE to expand economic ties with Kingdom
Prime Minister Hun Manet recently urged investors from the United Arab Emirates (UAE) to invest in Cambodia’s priority sectors such as tourism, agriculture, technology and clean energy infrastructures that can generate jobs in the country. ...
Nhean Chamrong
https://www.khmertimeskh.com/501488405/uae-to-expand-economic-ties-with-kingdom/
Ministry trains youth in trade regulations
The Ministry of Commerce has been training youngsters so that they are aware of Cambodia’s trade regulations and guidelines, governing the country’s trade and export-oriented markets. ...
Rachel David
https://www.khmertimeskh.com/501488408/ministry-trains-youth-in-trade-regulations/