Economy and commerce

Kingdom has exported milled rice to the United Arab Emirates (UAE), the first batch of 60,000 tonnes, grabbing a new market for Cambodia’s rice. ...

Total outstanding loans in the microfinance sector stood at $5.13 billion during the end of the third quarter of the last year, according to the latest data published by the Cambodia Microfinance Association (CMA). ...

In a meeting between the President of VINCI Airports, Nicolas Notebaert, and Prime Minister Dr. Hun Manet, VINCI expressed its gratitude for the Cambodian government’s efforts in maintaining peace, stability, and security. ...

Cambodian and Chinese officials have signed an MoU concerning plans to invest $1 billion (€910 million) in joint rubber & tire projects, Cambodia Development Council (CDC) has announced. ...

After experiencing positive growth in 2023, the Cambodian rice export market is expected to continue its upward trajectory in 2024. However, factors such as weather conditions and shipping costs may cause some disruptions. ...

Cambodia on Saturday reported a sharp rise in its export to Regional Comprehensive Economic Partnership (RCEP) member countries last year despite a slowdown in global demand. ...

Cambodia’s imports of diesel fuel and petroleum oil declined by 7.6 percent in 2023, according to a report from the General Department of Customs and Excise on Sunday. ...

South Korean investors have shown a strong interest in expanding their investment in the automotive sector, according to the Council for the Development of Cambodia (CDC). ...

South Korean investors have shown a strong interest in expanding their investment in the automotive sector, according to the Council for the Development of Cambodia (CDC). ...

Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. ...

Cambodia-China trade continued to rise in 2023 despite a slowdown in global demand, thanks to the Regional Comprehensive Economic Partnership (RCEP) agreement and the Cambodia-China Free Trade Agreement (CCFTA), a commerce official and experts said on Wednesday. ...

The U.S. Agency for International Development (USAID) is partnering with the Cambodia Cashew Federation to improve Cambodian cashew value chain through the Cashew Export Development Programme. ...

Cambodia exported 103 tonnes of the renowned Kampot pepper, registered as a Geographical Indication in the European Union, last year, recording a decrease of 11 percent compared to 2022, a report of the Kampot Pepper Promotion Association showed yesterday. ...

Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...

Two years on, the world’s largest free trade pact in terms of population and trade volume, has unleashed tremendous benefits for regional integration in the Asia-Pacific region and powered up economic recovery. ...

Prime Minister Hun Manet said Cambodia needs more qualified human resources that is why the Royal Government has decided to conduct strict education reform since 2014. ...

Cambodia has unveiled ambitious plans to secure a loan of 1.7 billion in Special Drawing Rights (SDR), or $2.3 billion, in 2024 for the development of key sectors. ...

In 2023, Cambodia exported more than 656,000 tons of milled rice worth $466 million​, marking a three percent growth in volume and 13 percent in value compared with 2022, according to Cambodia Rice Federation (CRF). ...

That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 and a galloping 6.2% in 2021, which reflected the robust recovery ...

A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...

Prime Minister Hun Manet will make an official visit to Bangkok on February 7 to discuss ways to boost trade and investment with his Thai counterpart Srettha Thavisin, according to Thai media. ...

The Securities Exchange Regulator of Cambodia (SERC) is actively seeking collaboration with relevant ministries and institutions to combat the illicit collection of public funds by unauthorised investors offering high returns. ...

Cambodia netted over $1.2 billion from exporting footwear, gaiters and related articles in the first 11 months of 2023, marking a nearly 23% decrease year-on-year. However, the last few months of 2023 showed signs of gradual improvement, as reported by the General Department of Customs ...

Cambodia exported $837 million worth of raw cashew nuts in 2023, a year-on-year decrease of 16.9 percent, according to the Cashew Nut Association of Cambodia’s report on Monday. ...