Economy and commerce

Laos and Cambodia recently signed three agreements in Phnom Penh to promote bilateral ties and cooperation. ...

In November, the Council for the Development of Cambodia (CDC) endorsed 40 new investment projects and 3 production expansion projects with a total investment capital of $940 million, generating some 39,000 job opportunities for the locals. ...

China in principle agreed to assist Cambodia in six major economic areas including developing green energy and infrastructure, modernising the technology, agriculture and health sectors, and accelerating the corridor projects. ...

While Cambodia’s private debt rate remains below the global red line, addressing informal loans and improving credit data accuracy could enhance financial transparency and stability, said Ky Sereyvath, an economic researcher at the Royal Academy of Cambodia (RAC). ...

Cambodia has earned $1.79 billion from paddy and milled rice exports in the first eleven months of this year, a report from the Cambodia Rice Federation showed yesterday. ...

The Cambodian government is striving to enhance productivity in the agricultural sector to meet domestic demand and boost exports to international markets. Towards this effort, two state institutions have signed a memorandum of understanding (MoU) to strengthen agricultural cooperation and promote exports. ...

In one year between September 2023 and September 2024, Cambodia’s Foreign Direct Investment (FDI) inflows surged to $8.1 billion, according to a report by the Ministry of Economy and Finance (MEF). ...

Angkor Archaeological Park, the most popular tourist attraction in Cambodia which is also a UNESCO World Heritage site, welcomed 898,336 foreign tourists in the first eleven months of this year, a year-on-year increase of 28.3 percent, a report showed yesterday. ...

Travel goods and leather sector is playing a vital role in the economy and among the priority sectors of the Royal Government of Cambodia, said Cham Nimul, Minister of Commerce, on Saturday. ...

Trade between Cambodia and Malaysia reached $715 million in the January to October period this year, a jump of 35.3 percent compared to the same period last year, according to the data of the General Department of Customs and Excise (GDCE) released recently. ...

Cambodia is optimistic about attracting additional direct investment from Japan, following a meeting between major Cambodian business leaders and Japanese financiers to explore the business climate and partnership opportunities across various sectors. ...

The government has officially recognised four Digital Government Products (DGPs) developed by the Ministry of Post and Telecommunications, while highlighting their diverse functionalities and benefits. ...

As the government under Prime Minister Hun Manet enters the first quarter of its second year in power, it has highlighted its achievements, with a particular emphasis on border initiatives and the ongoing northeastern border provinces tour. ...

Hun Manet, Prime Minister of the Kingdom of Cambodia, has reaffirmed the Kingdom’s readiness to contribute to peace across the region. ...

Public-listed Phnom Penh Autonomous Port (PPAP) netted a revenue of $34.47 million in the January to October period in 2024, a rise of 18 percent compared to the same period last year, according to a recent report it filed with the Cambodia Securities Exchange (CSX). ...

The Council for the Development of Cambodia (CDC) and the Department of Business & Trade (DBT) of the United Kingdom held a roundtable meeting to discuss mechanisms to improve the investment climate for British private companies. ...

A recent analysis by CBRE Cambodia highlights the potential risks and opportunities for Cambodia’s upcoming trade and investment trends as US President-elect Donald Trump and his administration gear up to take office for the second term as US President. ...

Cambodia needs an investment capital of around $36 billion to implement the master plan for infrastructure developments in short- and medium-term projects 2023-2027 and long-term projects 2028-2033, according to a report by the Ministry of Public Works and Transport.​​ ...

As of October 2024, Cambodia has a total of 1,273 factories invested by Chinese investors, totaling $9.08 billion, which represents 45.49 percent of the country’s overall investment capital. ...

In the first ten months, the United States remained Cambodia’s number one export market, while Vietnam at number two, according to a data released by the General Department of Customs and Excise (GDCE). ...

Prime Minister Hun Manet yesterday assured foreign investors that their investments are safe in Cambodia, as it provides a stable environment for businesses. ...

The value of Cambodia’s garment exports reached over $9.33 billion in the first 10 months of 2024, surpassing the total export value of garments in 2023. ...

The Non-Bank Financial Services Authority (NBFSA), the Private Sector Working Group and Cambodia Chamber of Commerce (CCC) joined hands last Friday to organise a consultative workshop on the development of a ‘Financial Technology (Fintech) Strategic Development Plan’ for the non-bank financial sector from 2024 to ...

Prime Minister Hun Manet held fruitful meetings in Kunming, Yunnan province, China, where he met with the Governor of Yunnan, leaders from Vietnam and Myanmar, business representatives, and Cambodian students studying in Yunnan. ...