Economy and commerce

Cambodia has emerged as a major exporter of agricultural products to Vietnam in the past couple of years, registering a January-October 2022 total of $2.429 billion, according to the state-run Vietnamnet newspaper. ...

The apex Cambodian business association’s leaders are convinced that their new representative office in the Sendai region will materially accelerate the Kingdom’s trade and economic relations with Japan, largely by tapping into the opportunities created by the Regional Comprehensive Economic Partnership (RCEP). ...

The Singapore Business and Investment Forum (SBIF), a young and vibrant organisation, aims to better serve the business and investment needs of Singaporean businesses and investors in Cambodia ...

Cambodia’s manufacturing output hit $15.8 billion in 2022, a remarkable increase of 83 percent year on year, the Ministry of Industry, Science, Technology and Innovation (MISTI)’s report showed on Tuesday. ...

Delegation of US-ASEAN Business Council (US-ABC), led by its Senior Vice President and Regional Managing Director H.E. Michael Michalak, have been on a visit to Cambodia to study more potential and opportunities of trade and investment. ...

The Kingdom’s central bank and the Cambodia Microfinance Association (CMA) have jointly launched a project aimed at promoting financial literacy, consumer empowerment and consumer protections at the community level. ...

Six major American corporations have committed to attracting US investment in Cambodia’s public infrastructure and transportation sectors to keep pace with the Kingdom’s socio-economic growth. The promise was made during a February 27 working meeting between a delegation from the US-ASEAN Business Council (US-ABC) and Minister ...

The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...

Sovannaphum Life Assurance Plc, with its financial strength and trust, is making women’s economic empowerment its top corporate social responsibility (CSR) priority this year by financing small-scale businesswomen. ...

The work on the master plan to develop Preah Sihanouk province into a multi-purpose model Special Economic Zone has reached the halfway mark and has now entered the stage of review and recommendations at the technical level, according to Long Dimanche, the Deputy Governor of ...

Prime Minister Hun Sen yesterday called on all stakeholders to pay high attention and do their best to boost the country’s tourism sector. ...

Small and medium enterprises (SME) contribute 98 percent of all businesses in Cambodian and contribute about 58 percent of the kingdom’s GDP. ...

Hun Sen said on Monday Cambodia has not been successful in exporting one million tons of rice because of a lack of processing basics, including rice mills, dry ovens, and capital. ...

The National Bank of Cambodia (NBC) and Cambodia Microfinance Association (CMA) have rolled out a pilot campaign to promote financial literature, consumer empowerment and protection in Cambodian communities. ...

Prime Minister Hun Sen said Cambodia could become one of the main cashew nut producers and exporters in the world, and added the commodity has the potential but limitations of processing. ...

A project to strengthen financial literacy at the local level has been launched to promote knowledge related to finance, rights, and client protection as well as to increase clients’ access to formal financial services within communities. ...

National Bank of Cambodia (NBC) on Thursday created a new milestone for the country by inking deals with the central banks of the Republic of Fiji and the Solomon Islands to exchange knowledge and experience on financial innovation and inclusion as well as to share ...

Cambodia’s export to South Korea has increased significantly thanks to the bilateral free trade agreement, which was put into force last December. ...

The National Bank of Cambodia (NBC) and the Cambodia Microfinance Association (CMA) have jointly launched the “Safe Finance in Community” project to promote financial literacy, rights and consumer protection in communities, a press statement said on Monday. ...

A partnership between Cambodia Microfinance Association (CMA) and Water.org aims to increase access to safe water and sanitation nationwide by offering incentives to finance the sector. ...

The Ministry of Public Works and Transport has decided that all cargo ships unloading or picking up goods in Cambodia must register through the Port Electronic Data Interchange (Port EDI) system, an electronic data exchange system which manages large-scale inbound and outbound cargo traffic at ...

Cambodia’s insurance industry recorded a total premium of $331.8 million  in 2022, up 10.6 percent from $299.8 million in a year earlier, a report by the Insurance Regulator of Cambodia (IRC) showed on Friday. ...

Cambodia has signed Memorandums of Understanding (MoUs) with the Solomon Islands and Fiji to extend the collaboration in the areas of financial innovation and payment system, said a joint statement on Friday. ...

National Bank of Cambodia (NBC) and Bank of China on Wednesday discussed means to expand the cross-border payment between the two countries as well as develop transactions in other member states of the Association of Southeast Asian Nations (ASEAN), said a release. ...