Economy and commerce

Premier Li Qiang stressed China’s readiness to bolster Belt and Road cooperation and uphold the centrality of the Association of Southeast Asian Nations in regional affairs during separate meetings with leaders of Laos, Vietnam, Indonesia and Malaysia over the weekend. ...

Premier Li Qiang reaffirmed on Sunday Beijing’s commitment to a neighborhood policy of amity, sincerity, mutual benefit, and inclusiveness in bolstering ties with the Association of Southeast Asian Nations, calling for a closer bond of interests between China and the 10-nation regional group. ...

Like many of her neighbors in Kampong Cham, Seang Sinath borrowed tens of thousands of dollars to invest in a tycoon’s land scheme, falling into overindebtedness when the company stopped paying her back. ...

Cambodia is poised to achieve its goal of exporting 1 million tonnes of rice annually by 2025, as indicated by the country’s rice exports reaching over 400,000 tonnes in the first eight months of the year. ...

Cambodia has signed new concessional loans with development partners totaling $787 million in the first six months of 2023, an increase of 24 percent compared to the same period last year. ...

Prime Minister Hun Manet addressed the opening ceremony of the 20th China-ASEAN Expo in Nanning, China, on September 16, expressing his belief that amid growing global uncertainties, the expo would provide an opportunity for the attendees to forge closer relations while helping to promote sustainable ...

Prime Minister Hun Manet would have become one of the four heads of government of the Association of Southeast Asian Nations (ASEAN) member states to attend the 20th China-ASEAN Expo (CAEXPO) on Sunday in the southern city of Nanning, Guangxi region of China. ...

Six new investment projects with a total capital of $34.6 million have been approved by the Council for the Development of Cambodia (CDC). ...

The Cambodia-China Industrial Park Project in the Guangxi Zhuang Autonomous Region serves as China’s primary access point for trade with ASEAN countries, facilitating exports and imports. ...

The Government of the People’s Republic of China and the Royal Government of Cambodia on Saturday issued a joint communique as follows: ...

An initial research by an international economic and financial research organisation shows that Cambodia’s economy has continued to recover strongly with a high growth rate that is supported by more active domestic economic activities and growth in its service sector, according to a statement released ...

China remained the biggest trading partner of Cambodia in the January to August period this year and the trade between the two countries reached $8.09 billion by the end of last month showing an increase of 1.1 percent compared to the same period in 2022. ...

The Council for the Development of Cambodia (CDC) has sought investments from potential investors from China’s Xiamen city of the Fujian province amid the Kingdom setting records in terms of Foreign Direct Investments (FDIs) during the current year. ...

The emerging superpower India stands as a high potential for the Kingdom’s Free Trade Agreement (FTA) expansion plans, a leading Cambodian academician and international development expert has opined. ...

The Cambodia Chamber of Commerce (CCC) and the US Chamber of Commerce will jointly host the Cambodia-US Business Forum in New York next Friday aimed at promoting investment and business opportunities in Cambodia. ...

The government collected 15.4 trillion riel or $3.7 billion in tax revenue in the first seven months of the year, which is equivalent to 58.7 per cent of the 2023 annual budget law, according to the Ministry of Economy and Finance. ...

Cambodia’s exports to Singapore rose by an impressive 554.8 percent in the January to August period this year compared to the same period in 2022 – from $72.83 million to $476.90 million. ...

Chinese investment in the Kingdom’s agricultural sector has boosted the national economy and created jobs for local people, said an expert from the Chinese Cambodian Evolution Researcher Association. ...

The Regional Comprehensive Economic Partnership (RCEP) will help Cambodia to achieve its goal of becoming an upper middle-income country by 2030, said Sok Siphana, Senior Minister in Charge of International and Multilateral Trade and Economic Relations. ...

Cambodia and the Republic of Korea, through the Korea International Trade Association (KITA), have been committed to further boost their cooperation in the digital sector, trade exchange, and investment. ...

Prime Minister Hun Manet will hold wide-ranging discussions with Chinese President Xi Jinping during his first official visit to China starting tomorrow, said a statement released by the Chinese Embassy in Phnom Penh on Monday. ...

The Regional Comprehensive Economic Partnership (RCEP) will play a crucial role in attracting more foreign direct investments to Cambodia and contributes to a sustainable economic growth. ...

Cambodia’s exports to Singapore rose by an impressive 554.8 percent in the January to August period this year compared to the same period in 2022 – from $72.83 million to $476.90 million. ...

Hun Sen, President of the Supreme Privy Council of His Majesty the King, has encouraged the Japanese investors to invest in Cambodia’s two key areas, including the establishment of factories for raw material processing, and advanced technology such as car assembly plants, production of electronic ...