Economy and commerce

Chea Serey, Governor of the National Bank of Cambodia (NBC), on Thursday urged the owners of small and medium enterprises (SMEs) to adopt digital tools to expand their financial and market access. ...

The Government of Cambodia will borrow $2.6 billion from various development partners (DPs) in 2025 for financing public investment projects, especially to support long-term sustainable economic growth and increase economic productivity, according to the Draft Law on Finance Management 2025. ...

The National Bank of Cambodia (NBC) and the Ministry of Commerce (MoC) on Tuesday asked all banking and financial institutions (FIs) to cooperate in opening bank accounts in KHR for all businesses registered in Cambodia. ...

In October alone, the Council for the Development of Cambodia (CDC) endorsed 31 investment projects with a total investment capital of $226 million, generating 16,000 job opportunities for the local people. ...

The Ministry of Commerce (MoC) officially inaugurated the ‘Export Service Centre (ESC)’ at the ministry to promote Cambodia’s exports, assist traders in preparing for exports and boost their confidence in competing in the global market. ...

Cambodia has earned over $1.5 billion from paddy and milled rice exports in the first ten months of this year, a report from the Cambodia Rice Federation (CRF) showed yesterday. ...

Cambodia exported approximately 8.5 million tonnes of agricultural products in the first nine months of 2024, marking a 53 percent increase compared to the same period in 2023, said a senior official from the Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

Cambodian businesses are eager to strengthening relations with the US during the upcoming Donald Trump Administration. ...

The Royal Government’s cash flow management from July to September 2024 (Q3) received praise from various quarters, confirmed the Ministry of Economy and Finance (MEF). ...

Prime Minister Hun Manet encouraged Chinese companies to invest in Cambodia’s agricultural sector, particularly in high-potential crops such as durian, cashew nuts, and cassava. ...

Cambodia has raked in $376.53 million from exporting more than 507,029 tonnes of milled rice to 66 destinations worldwide in the first 10 months of the year. ...

A delegation of Hong Kong General Chamber of Commerce (HKGCC), led by its Chairman of Asia-Africa-Middle East Committee, Dewan Saiful Alam, has visited Cambodia to learn more about Cambodia’s investment opportunities and potential. ...

The 2024 China-Cambodia Digital Economy Cooperation Forum and the inauguration of the China-Cambodia Digital Economy Professional Association marked a significant milestone in deepening digital cooperation between the two nations. ...

Loan volume in Cambodia’s microfinance sector increased by only one percent in the first three quarters of 2024 compared to 2023, a sign that the current unfavourable global economic conditions are affecting the Cambodian economy as well. ...

Cambodia’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Sok Chenda Sophea, recently hosted Australian Ambassador Derek Yip in Phnom Penh to discuss the growing economic and diplomatic ties between Cambodia and Australia. ...

Various United Nations (UN) agencies recently commended the Royal Government of Cambodia (RGC) for its progress in socio-economic development and pledged to enhance cooperation in priority sectors to help the country achieve sustainable goals benefitting the citizens. ...

Cambodia generated nearly $36 million from ticket sales to the Angkor Archaeological Park, Koh Ker, and Chong Khneas Tourism Port in the first ten months of 2024, according to a press release issued by Angkor Enterprise on November 1, 2024. ...

Some 720,105 Cambodians from various backgrounds have contributed a total of $26,967,609 million to the Border Infrastructure Development Fund, reflecting their collective commitment to protecting and developing their homeland. ...

Recent reports from the Credit Bureau Cambodia (CBC) present a mixed picture of Cambodia’s credit market in Q3 2024, which ended September 30, 2024. ...

The office of the council of ministers said Cambodia’s GDP per capita in 2025 is expected to rise to $2,924—a rise of over 40 percent over the projected 2024 figures. ...

The General Department of Taxation (GDT) has attributed the significant growth in tax revenue collection since 2014 to the implementation of technology solutions. ...

Japan’s new Prime Minister Shigeru Ishiba expressed his gratitude to Senate President Hun Sen for his congratulatory message upon his appointment. ...

The Royal Government of Cambodia (RGC) has approved special incentives for 25 projects in Preah Sihanouk province, including 12 projects for completing unfinished buildings, 12 new projects and one expansion project, with a total investment budget of $917 million. ...

The Cambodian government has approved a draft budget of more than $9.3 billion for 2025, with economic growth projected at 6.3 percent. ...