Economy and commerce
Cambodia anticipates welcoming as many as 7.5M tourists in 2025: minister
Cambodia is projected to attract up to 7.5 million international tourists in 2025, Tourism Minister Huot Hak said here on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501646275/cambodia-anticipates-welcoming-as-many-as-7-5m-tourists-in-2025-minister/
Entrepreneurs, producers urged to improve product quality
The Cambodian Chamber of Commerce (CCC) Wednesday urged entrepreneurs to better understand the use of standard labels for products and production systems to boost competitiveness in both domestic and international markets. ...
Chea Vanyuth
https://www.khmertimeskh.com/501642906/entrepreneurs-producers-urged-to-improve-product-quality/
Tourism industry contributes 9.4 percent to Cambodia’s GDP
The tourism industry contributed 9.4 per cent to Cambodia’s gross domestic product (GDP) last year, making the sector one of the key drivers of the country’s economy, according to a report from the Ministry of Tourism released on February 24. ...
Khmer Times Staff
https://khmertimeskh.com/501644957/tourism-industry-contributes-9-4-percent-to-cambodias-gdp/
CMA says Cambodia’s microfinance surpasses $5B
By the end of 2024, the microfinance sector had supported more than 1.48 million people, providing loans totalling approximately $5.16 billion, according to a report by the Cambodia Microfinance Association (CMA). ...
Sum Manet
https://www.khmertimeskh.com/501644767/cma-says-cambodias-microfinance-surpasses-5b/
Kingdom sees 10 percent growth in manufacturing sector
Cambodia’s manufacturing sector experienced a robust growth in 2024 with the number of manufactures reaching a new high of 2,316 as of November last year, a report from the Ministry of Industry, Science, Technology, and Innovation showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501644780/kingdom-sees-10-percent-growth-in-manufacturing-sector/
CDC leader: Faster diversification key to 2050 economic vision
A senior government official has highlighted the importance of increasing the speed of Cambodia’s economic diversification is essential to achieving its 2050 vision of becoming a high-income country. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-leader-faster-diversification-key-to-2050-economic-vision
CRC calls for support in maternal, child healthcare coverage
Bun Rany, President of the Cambodian Red Cross, has called on all relevant national, international, and partner organisations to support both public and private services in the technical and financial aspects of maternal, newborn, child, and youth healthcare to achieve universal health coverage in Cambodia. ...
Torn Vibol
https://www.khmertimeskh.com/501642951/crc-calls-for-support-in-maternal-child-healthcare-coverage/
Cambodia-China to launch ‘Tourism Year 2025’ next week
After the successful completion of ‘2024 Cambodia-China People-to-People Exchange Year’, both countries will commence the ‘Cambodia-China Tourism Year 2025’ next week in Zhengzhou City, Henan province, People’s Republic of China, said a press release issued by the Ministry of Tourism (MoT). ...
Mom Kunthea
https://www.khmertimeskh.com/501642898/cambodia-china-to-launch-tourism-year-2025-next-week/
THACO invests $1B in Cambodia agriculture, eyes $800M yearly revenue by 2028
THACO AGRI, a subsidiary of Vietnam’s Truong Hai Group Corporation (THACO), which began developing agriculture in Kratie and Ratanakiri provinces in 2018 with a focus on bananas, cattle, and other fruits and vegetables, estimates that it could earn $800 million in annual profits, starting in ...
Hong Raksmey
https://www.phnompenhpost.com/business/thaco-invests-1b-in-cambodia-agriculture-eyes-800m-yearly-revenue-by-2028
Despite trade war, insiders optimistic about US export market
The Kingdom’s authorities and business community are in general agreement that exports to the US will continue to grow despite the ongoing threat of new US import tariffs. ...
Hin Pisei
https://www.phnompenhpost.com/business/despite-trade-war-insiders-optimistic-about-us-export-market
Additional Chinese firms eying up investment in Kingdom
A delegation representing 18 large Chinese companies has expressed interest in investment opportunities in Cambodia, noting that the Kingdom requires foreign capital in several sectors, particularly for planting, producing, and processing goods to meet both domestic and export demand. ...
Hin Pisei
https://www.phnompenhpost.com/business/additional-chinese-firms-eying-up-investment-in-kingdom
New incubation programme backs green start-ups
Cambodia’s rapidly growing startup ecosystem has received a boost thanks to the introduction of the Digital & Green Innovation Accelerator (DGIx) Cambodia, a nine-month initiative aimed at propelling startups using digital and tech-enabled solutions for environmental sustainability. ...
Hong Raksmey
https://www.phnompenhpost.com/national/new-incubation-programme-backs-green-start-ups
GS1 Cambodia Expo showcases products from provinces, cities
A GS1 Cambodia Expo showcasing products from 25 provinces and cities across the Kingdom was held at The Factory in Phnom Penh on Wednesday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501639127/gs1-cambodia-expo-showcases-products-from-provinces-cities/
Improving local production, expanding markets key to economic growth, MoC says
The Ministry of Commerce (MoC) Thursday encouraged small and medium-sized enterprises as well as domestic manufacturers to produce products that meet market demand and are competitive to replace certain imported goods. ...
Mom Kunthea
https://www.khmertimeskh.com/501640270/improving-local-production-expanding-markets-key-to-economic-growth-moc-says/
Chinese investors urged to explore Cambodia’s agricultural sector
The Council for the Development of Cambodia (CDC) yesterday encouraged Chinese investors to explore opportunities in establishing a production chain within the agricultural sector, particularly in cashew processing as this initiative is led by Prime Minister Hun Manet. ...
Mom Kunthea
https://www.khmertimeskh.com/501640827/chinese-investors-urged-to-explore-cambodias-agricultural-sector/
Informal businesses registration surpasses 11K, MISTI says
As of February 11, the Informal Economy Onboarding Platform has received 11,447 applications from informal businesses, a majority of which are from Phnom Penh, according to a report from the Ministry of Industry, Science, Technology & Innovation (MISTI) on Wednesday. ...
Sum Manet
https://www.khmertimeskh.com/501639140/informal-businesses-registration-surpasses-11k-misti-says/
Investors urged to tap Cambodia’s growing cashew sector
Chea Vuthy, Secretary General of the Cambodian Investment Board of the Council f or the Development of Cambodia (CDC), Tuesday urged two major companies to consider investing in the agro-industrial sector, especially the cashew industry in Cambodia. ...
Nin Kunthear
https://www.khmertimeskh.com/501638586/investors-urged-to-tap-cambodias-growing-cashew-sector/
UK buyers seek to raise rice, cashew imports from Cambodia, as farmers urge more support
Seven leading UK buyers from the rice, cashew nut, and dried fruit industries are visiting Cambodia from February 9 to 15, 2025, to explore business opportunities and strengthen trade ties with local agricultural producers. In the meantime, local farmers are calling for more support to ...
Sovann Sreypich
https://cambojanews.com/uk-buyers-seek-to-raise-rice-cashew-imports-from-cambodia-as-farmers-urge-more-support/
Coordinating committee reviews progress on informal economy development
The Coordinating Committee on Informal Economy Development (CCIED), chaired by Hem Vanndy, Minister of Industry, Science, Technology and Innovation, convened a meeting to assess progress on key measures implemented by various ministries and institutions. ...
Khmer Times Staff
https://www.khmertimeskh.com/501638769/coordinating-committee-reviews-progress-on-informal-economy-development/
SMEs registered formally reach nearly 44,000 in 2024
The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered 1,292 new small and medium enterprise (SMEs) in 2024, bringing the formally registered SMEs to 43,970 as of last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501638580/smes-registered-formally-reach-nearly-44000-in-2024/
Cambodia’s trade volume soars to over $5 billion in Jan
Cambodia exported about $2.3 billion and imported $2.7 billion, bringing the overall trade volume to $5.05 billion in the first month of 2025, reported the General Department of Customs and Excise (GDCE) yesterday. ...
Nhean Chamrong
https://www.khmertimeskh.com/501637338/cambodias-trade-volume-soars-to-over-5-billion-in-jan/
Customs revenue collection up to $2.59 billion in 2024
The General Department of Customs and Excise of Cambodia saw a growth in customs income last year, up 13.8 percent to $2,590 million. ...
Chea Vanyuth
https://www.khmertimeskh.com/501637827/customs-revenue-collection-up-to-2-59-billion-in-2024/
Philippine salt giant tests waters for Cambodian rice imports
Arvin International Marketing Inc, the largest supplier and distributor of salt in the Philippines, has expressed interest in purchasing Cambodian rice for distribution through their extensive domestic operations. ...
Hin Pisei
https://www.phnompenhpost.com/business/philippine-salt-giant-tests-waters-for-cambodian-rice-imports
Customs revenue increases by over 10% in 2024
An increase in demand for raw materials to meet the needs of domestic factories/enterprises for the production of export goods led to a rise in customs revenue in 2024. ...
Hin Pisei
https://www.phnompenhpost.com/business/customs-revenue-increases-by-over-10-in-2024