Economy and commerce

The Chinese government has given the green light to attract investors to Preah Sihanouk province, prompting hopes that fresh life will be breathed into many of Sihanoukville’s abandoned buildings. ...

Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, on October 25, received a courtesy call from Ping M. Kitnikone on the occasion of her appointment as the new Ambassador Extraordinary and Plenipotentiary of Canada to the Kingdom of Cambodia ...

The Regional Comprehensive Economic Partnership (RCEP) is offering the Kingdom an ideal platform for economic structural transformation, a study carried out by a leading economic research institute has found. ...

 Year 2023 witnessed the spectacular emergence of Cambodia’s Sihanoukville Special Economic Zone (SSEZ) as a force to reckon with, as its enterprises hit 7.13 percent of the Kingdom’s total trade turnover, up from a mere 0.88 percent in 2013. In just nine months of the ...

Cambodia’s Prime Minister Hun Manet expressed his hope that Cambodia-Japan cooperation will increase in all fields, especially in tourism, investment and people-to-people exchange. ...

China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia’s economic growth, creating more new opportunities for development in Cambodia, said Sun Chanthol, Deputy Prime Minister of Cambodia. ...

The Royal Government of Cambodia (RGC) has been promoting the participation of the private sector, as its good partner, in the country development. ...

The Cambodia Securities Exchange (CSX) is experiencing a surge in interest for green bond listings, with firms from the education sector and telecoms giant CamGSM at the forefront. ...

Kwak Nga was still reeling from her husband’s suicide when his microfinance creditors showed up at her home to remind her that they still expected the approximate $170 (£140) monthly interest payments the couple had struggled to make. ...

EuroCham Cambodia is urging the garment sector to prioritize corporate social responsibility (CSR) in the global market, claiming that while the majority of factories acknowledge its importance, they face challenges, such as a shortage of skilled workers and managers and the need for substantial investments. ...

Cambodian fishery products could be exported to the European Union (EU) by 2024 as collaborations aim to implement a control system that meets international market requirements. ...

Prime Minister Hun Manet has called for free and open trade, the stimulation of investment and the creation of a conducive environment to promote business between ASEAN and the Gulf states, as the two regions seek to strengthen ties at their historic first-ever ASEAN-Gulf Cooperation ...

Yang Saing Koma, a secretary of state for the Ministry of Agriculture, Forestry and Fisheries, highlighted the significance of red corn as a vital agricultural product. ...

Vietnamese Ambassador to Cambodia Nguyen Huy Tang on October 23 met with Second Vice President of the Cambodian National Assembly (NA) Vong Sauth. ...

Prime Minister Pham Minh Chinh and his Cambodian counterpart Dr Hun Manet have agreed to foster cooperation and connect the two economies, helping each other develop an independent and self-resilient economy with deep international integration. ...

President Xi Jinping called on Thursday for China and Cambodia to maintain high-level strategic communication and cooperate on the Belt and Road joint building to promote common development. ...

Vietnam and Cambodia are keen to use their local currency for trading with Malaysia to reduce dependence on the US dollar, according to Malaysian Prime Minister Datuk Seri Anwar Ibrahim. ...

Cambodia exported 242,304 tons of dry rubber in the first nine months of 2023, up 3.5 percent from 234,100 tons over the same period last year, said a report from the General Directorate of Rubber on Thursday. ...

The role played by the National Bank of Cambodia (NBC) to maintain and control financial condition through various regulatory measures has helped the country to keep inflation under check and economic growth steady despite the global headwinds. ...

Prime Minister Datuk Seri Anwar Ibrahim said Vietnam and Cambodia have shown interest in using their local currency for trading purposes as a step to reduce dependence on the US dollar. ...

The newly appointed governor of the National Bank of Cambodia (NBC), H.E Dr. Chea Serey, gave an in-depth interview to Khmer Times on the Bank’s as well as her priorities in her role as the Governor. ...

On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...

Prime Minister of Cambodia, Dr. Hun Manet, received Ms. Wen Jia, President of the Public Affairs Department of Alibaba Group, on the side-lines of the 3rd Road and Belt Forum for International Coordination in Beijing, China yesterday. ...

Cambodia and China signed several high-level cooperation documents on October 17, during Prime Minister Hun Manet’s visit to Beijing for the 3rd Belt and Road Forum for International Cooperation from October 17-18. On the sidelines of the forum, Manet also met with several Chinese investors who ...