Economy and commerce

Cambodia’s GDP could touch $35 billion (143 trillion riel) this year, said a senior official from the Ministry of Economy and Finance. ...

Cambodian Prime Minister Hun Manet paid high attention to Small and Medium Enterprises (SMEs) as it contributed to enhancing the national economy. ...

Lippo Group, a large Indonesian company, is interested in investments in the areas of real estate, healthcare, financial and banking services, supermarket, etc. in Cambodia. ...

Showing a shift in mindset, more Cambodians are now taking loans from microfinance institutions (MFIs) over home needs than for farming. ...

In the 15 days of February 2024, the Council for the Development of Cambodia (CDC) decided to issue certificates for the registration of 22 qualified investment projects with a total investment capital of more than $444 million. This is according to the report from the ...

Cambodia and the United Kingdom have agreed to push for better economic and trade cooperation, amid significant growth in bilateral trade in recent years. ...

Prime Minister Hun Manet has invited Chinese investors to invest in infrastructure projects in Cambodia as the government sees this as key to the country’s socio-economic development. ...

A week after Prime Minister Hun Manet concluded his first official trip to Thailand, hundreds of Thai businessmen have shown keen interest in exploring investment opportunities in three potential projects across Cambodia in early March to the tune of $1 billion. ...

The microfinance sector has provided a credit sum of $5.12 billion to 1.57 million clients, an average of $3,260 per account last year, creating direct employment for 21,567 people nationwide with a business network of 904 offices. ...

Amid the fall in global demand, Cambodia earned $121 million from the exports of rubber articles in the first month of this year, an increase of 123.5 percent compared to the same period last year, according to the latest trade data of the General Department ...

Cambodia exported 25.2 percent more milled rice to 46,221 tonnes this January, compared to the previous year, as per a Cambodia Rice Federation (CRF)’s report. This resulted in a 13 percent year-over-year rise in income to the exchequer of $32.6 million from rice exports in ...

The exports of garments, footwear and travel goods (GFT) rose by 21.64 percent in January this year, earning $967 million for the sector after declining for most of the time last year. The turnaround brought cheers to the vital sector of the Cambodian economy that ...

The Cambodian government is preparing a policy on establishing Cambodia-Japan special economic zones as the country is keen to attract more direct investments from Japan. ...

Cambodia’s foreign trade volume hit $4.05 billion in January 2024, up 16.7 percent from $3.47 billion in the same month last year, an official report showed on February 12, 2024. ...

Cambodia’s tourism earned gross revenue of $3.04 billion in 2023, up 115 percent from $1.41 billion in a year earlier, according to a Ministry of Tourisms report released on February 12, 2024. ...

With the employment rate growing on an average of 2.5 percent annually, the nation will create additional jobs for about 235,000 people per year, increasing the opportunities to approximately 10.2 million in the next three years. ...

Royal Group Phnom Penh SEZ Plc. (RGPPSP) has recorded an almost four-fold increase in annual net profits for 2023 compared to 2022, according to a Cambodia Stock Exchange (CSX) bourse filing by the special economic zone (SEZ) developer last week. ...

Business people and investors who wish to receive ‘special benefits’ as part of the newly launched special programme to promote investments in Preah Sihanouk Province can file their applications now before the Preah Sihanouk Investment Promotion Working Group, according to a statement issued by the ...

Realising that 99 percent of Cambodian businesses are micro, small, and medium-sized enterprises (MSMEs), the Foreign Trade Bank of Cambodia (FTB) and the Asian Development Bank’s (ADB) have stepped into to fill the market gaps across the whole country. ...

Tourists and people of Siem Reap Province visit various resorts in Siem Reap Province during the Chinese-Vietnamese New Year from February 9–11, 2024, for a total of 117,677 people, an increase of 11.56% compared to 2023, about 105,481 people. ...

Businesses and factories registered with the Ministry of Labour and Vocational Training (MLVT) paid $5.18 billion as wages last year, according to Prime Minister Hun Manet, yesterday. ...

Cambodia and Thailand yesterday vowed to foster bilateral trade and investment by facilitating a better border-crossing mechanism for goods even as the two countries upgraded their ties to a strategic partnership. ...

The Council for the Development of Cambodia (CDC) on Monday agreed to the request from the British Ambassador to establish the ‘Green Special Economic Zone’ and help the country boost the related infrastructure, as part of the initiative to attract international investors worldwide. ...

Cambodia and Thailand are highly committed to strengthening cooperation in the tourism sector in line with the motto that everyone is gradually beginning to remember the slogan of‘Two kingdoms, the same tourism destination’. ...