Economy and commerce

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/

Cambodia’s exports to US up 25% in two months

Cambodia’s exports to the United States soared to over $1.6 billion between January and February 2025, marking a 25 percent increase from the same period last year, according to a report from the General Department of Customs and Excise of Cambodia released earlier this week. ...

Sum Manet
https://www.khmertimeskh.com/501653007/cambodias-exports-to-us-up-25-in-two-months/

Cambodia attracts $1.06 billion investment in first two months

Cambodia approved fixed-assets investment projects worth $1,069 million in the first two months of 2025 with a total number of projects of 104 projects, a Council for the Development of Cambodia (CDC) report showed yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501652372/cambodia-attracts-1-06-billion-investment-in-first-two-months/

ASEAN shooting for top four global economy spot

ASEAN is setting its sights on becoming the world’s fourth-largest economy by 2030, as the region strengthens trade, investment and economic partnerships amid intensifying global competition. ...

Hong Raksmey
https://www.phnompenhpost.com/business/asean-shooting-for-top-four-global-economy-spot

Cambodia's total public debt reaches over $12 billion by the end of 2024

In the fourth quarter of 2024, the Cambodian government signed new loan agreements with creditors amounting to $763.83 million, bringing total public debt to over $12 billion, more than 99% of it external. Additionally, the government paid nearly $560 million in debt service. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-s-total-public-debt-reaches-over-12-billion-by-the-end-of-2024

Jan-Feb saw CDC say yes to 112 investment projects

More than 40 investment projects, totaling over $320 million, were approved by the Council for the Development of Cambodia (CDC) in February, bringing the total number of investment projects approved by the CDC in the first two months of 2025 to 112, with a total ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-feb-saw-cdc-say-yes-to-112-investment-projects

MEF reports zero debt with China in 2024

Although Cambodia’s public debt exceeded $12 billion by the end of last year, the Ministry of Economy and Finance (MEF) yesterday reported that no loans were signed with China, the Kingdom’s former top creditor that provided over $300 million in 2023. ...

Nhean Chamrong
https://www.khmertimeskh.com/501651781/mef-reports-zero-debt-with-china-in-2024/

Cambodia, China hold talks on investment cooperation, development of SEZs

The Deputy Secretary General of the Cambodian Investment Board (CIB) Suon Sophal, today led a working group to meet and discuss with Li Yongjun, Director-General of the General Department of Economic Cooperation and Overseas Investment of the Ministry of Commerce of China, with the aim ...

Khmer Times Staff
https://www.khmertimeskh.com/501651653/cambodia-china-hold-talks-on-investment-cooperation-development-of-sezs/

MEF updates public financial management reforms to NA

Top officials from the Ministry of Economy yesterday presented an update on the Public Financial Management Reform Program during both Phase 3 Plus 2 (2019–2022) and Phase 4 (2023–2026) to the National Assembly’s (NA) Commission on Economy, Finance, Banking, and Auditing to assess the reform ...

Sum Manet
https://www.khmertimeskh.com/501651785/mef-updates-public-financial-management-reforms-to-na/

Good start to the year as Jan-Feb international trade up 16%

The Kingdom’s import-export trade with all partners during the first two months of 2025 reached a total value of over $9.4 billion, an increase of more than 16% compared to the same period in 2024. Bilateral trade with China alone accounted for nearly 30% of ...

Hin Pisei
https://www.phnompenhpost.com/business/good-start-to-the-year-as-jan-feb-international-trade-up-16-

50 Chinese firms explore biz prospects in Cambodia

Top representatives of approximately 50 companies from Henan Province, China, are currently in Cambodia to explore investment opportunities, reflecting further deepening of economic ties between the two countries.   ...

Sum Manet
https://www.khmertimeskh.com/501650209/50-chinese-firms-explore-biz-prospects-in-cambodia/

MISTI strengthens efforts to formalise informal economy

The Ministry of Industry, Science, Technology & Innovation (MISTI) has reiterated its commitment to fostering the growth of Cambodia’s informal economy and facilitating its transition into the formal sector, as approximately 97% of small and medium-sized enterprises (SMEs) continue to operate informally.   ...

Ben Sokhean
https://www.khmertimeskh.com/501649467/misti-strengthens-efforts-to-formalise-informal-economy/

Cambodia remains susceptible to Trump tariffs, says BMI analysis

Not only will a slowdown in US economic activity weigh on Cambodia’s growth but also Cambodia remains susceptible to the potential imposition of reciprocal tariffs by US President Donald Trump, a country risk analysis published by BMI, a Fitch Solutions Company, on Friday, said. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501651194/cambodia-remains-susceptible-to-trump-tariffs-says-bmi-analysis/

PM highlights key priorities of Cambodia’s foreign policy

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, highlighted six key priorities of Cambodia’s foreign policy at the recent closing ceremony of the Ministry of Foreign Affairs and International Cooperation (MFAIC)’s Annual Review Conference. ...

Khmer Times Staff
https://www.khmertimeskh.com/501651548/pm-highlights-key-priorities-of-cambodias-foreign-policy/

ASEAN unveils 12 initiatives to drive economic integration

As part of a broader push to strengthen economic integration within Southeast Asia, the ASEAN Business Advisory Council (ASEAN-BAC) has unveiled a series of ambitious initiatives aimed at fostering private sector growth, regional collaboration, and sustainable development. ...

Sum Manet
https://www.khmertimeskh.com/501651203/asean-unveils-12-initiatives-to-drive-economic-integration/

CDC to decentralize investment registration process

The Council for the Development of Cambodia (CDC) is working on the decentralization of the investment project registration process to the sub-national level to enhance a smoother and more efficient investment environment. ...

Chea Vanyuth
https://www.khmertimeskh.com/501651209/cdc-to-decentralize-investment-registration-process/

Cambodian Ambassadors pledge to enhance promotion of the tourism sector

Ambassadors and Consuls General of Cambodia abroad have reaffirmed their commitment to further promote the country’s tourism potential to the world during their missions. This commitment was made during a meeting on March 9 between Huot Hak, Minister of Tourism, and a delegation of 19 ...

Khmer Times Staff
https://www.khmertimeskh.com/501651426/cambodian-ambassadors-pledge-to-enhance-promotion-of-the-tourism-sector/

New $500 million SEZ on way in Preah Sihanouk

A new special economic zone (SEZ) in Preah Sihanouk province – with total investment of approximately $500 million – is reportedly close to final approval. ...

Hin Pisei
https://www.phnompenhpost.com/business/new-500-million-sez-on-way-in-preah-sihanouk-

Japanese delegation seek investment opportunities in Cambodia

A Japanese business delegation representing around 40 companies has expressed appreciation for the efforts of the Cambodian government, which continually is working to build confidence in investors from all over the world. ...

Hin Pisei
https://www.phnompenhpost.com/business/japanese-delegation-seek-investment-opportunities-in-cambodia

Govt officials inspect P Sihanouk projects to boost investment climate

Hean Sahib, Secretary of State at the Ministry of Economy and Finance and Chairman of the Investment Promotion Working Group for Preah Sihanouk, Monday led an inspection team to the Peninsula Bay project and Sihanoukville Special Economic Zone (SSEZ) to strengthen investment promotion under the ...

Sum Manet
https://www.khmertimeskh.com/501648827/govt-officials-inspect-p-sihanouk-projects-to-boost-investment-climate/

Cambodia’s economy to grow at 6.5% average rate, PM says

Prime Minister Hun Manet yesterday said that the Royal Government of Cambodia (RGC) is optimistic about achieving an average annual economic growth of 6.5 percent for the next decade. To realise this goal, he emphasised that the target can only be met through specific, direct, ...

Nhean Chamrong
https://www.khmertimeskh.com/501648839/cambodias-economy-to-grow-at-6-5-average-rate-pm-says/

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