Economy and commerce
New MoU sees commerce ministry back domestic animal feed production
The Ministry of Commerce has thrown its weight behind efforts to promote the Kingdom’s domestic animal feed industry, signing a memorandum of understanding (MoU) with six factories to facilitate the purchase of ingredients. ...
Alcohol billboards generate $160 million in 2024
Cambodia has a total of 140,710 billboards across the country, with 17 companies providing advertising services in three formats. ...
Hong Raksmey
https://www.phnompenhpost.com/national/alcohol-billboards-generate-160-million-in-2024
Zhengzhou development group considering Cambodian investments
The leadership of the Zhengzhou Agricultural Development Group, based in China’s Henan province, has expressed interest in investment opportunities in Cambodia, particularly in the development of agro-industrial parks. ...
Hin Pisei
https://www.phnompenhpost.com/business/zhengzhou-development-group-considering-cambodian-investments
CBC: More than half of Cambodian adults in debt
As of the end of 2024, 5.04 million Cambodian citizens – or 51 per cent of the over-18-year-old population – had utilised credit or taken out loans. The total amount of credit equalled to almost $59 billion (236,429.266 billion riel). ...
Niem Chheng
https://www.phnompenhpost.com/national/cbc-more-than-half-of-cambodian-adults-in-debt-
New Sino-Cambodia ‘cold chain’ shipping route launched
The newly-launched “cold chain + general cargo” transport route between the China’s southernmost port Fangchenggang and Cambodia’s Koh Kong Port is set to enhance the Kingdom’s export capacity, according to business insiders and Chinese officials. ...
Hin Pisei
https://www.phnompenhpost.com/business/new-sino-cambodia-cold-chain-shipping-route-launched
Cambodia’s intellectual property draft law reviewed
Cham Nimul, Minister of Commerce, held a meeting on Monday to review the draft Intellectual Property Law, which was attended by senior members of the ministry. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/?p=1655403
GDT mulls integrating AI for better efficiency
The General Department of Taxation (GDT) plans to integrate Artificial Intelligence (AI) technologies as part of the modernisation and reform drive, said Kong Vibol, Minister Attached to the Prime Minister and Delegate of the Royal Government in charge as Director-General of GDT, yesterday. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501655442/gdt-mulls-integrating-ai-for-better-efficiency/
NBC thrusts raising awareness on informal loans
The National Bank of Cambodia (NBC) Wednesday called on local authorities in Ratanakiri province to strengthen public financial education, particularly for indigenous communities, to raise awareness of the risks associated with informal loans and the consequences of using community land as collateral. ...
Sum Manet
https://www.khmertimeskh.com/501653616/nbc-thrusts-raising-awareness-on-informal-loans/
‘Not Possible’ to ban frozen meat imports, ministry says
The Ministry of Commerce has dismissed calls by farmers to ban frozen meat imports because they are bound by free trade agreement contracts. ...
Meas Molika
https://kiripost.com/stories/not-possible-to-ban-frozen-meat-imports-ministry-says
EU invests $87 million to modernize Cambodia’s agriculture and boost market access
The European Union (EU) is investing nearly $87 million to modernize Cambodia’s agricultural sector and improve farmers’ access to domestic and international markets. ...
Seoung Nimol
https://cambojanews.com/eu-invests-87-million-to-modernize-cambodias-agriculture-and-boost-market-access/
Indian ambassador pledges increased trade, tourism promotion
Recently appointed Indian Ambassador to Cambodia Bawitlung Vanlalvawna has committed to expanding India-Cambodia bilateral trade relations and encouraging more Indian investors and tourists to visit the Kingdom. ...
Hin Pisei
https://www.phnompenhpost.com/business/indian-ambassador-pledges-increased-trade-tourism-promotion
EU grants €15 million to modernize Cambodia’s agriculture, boost exports
The European Union (EU) Friday granted €15 million, approximately $16.38 million, to modernize Cambodia’s agricultural sector and improve farmers’ access to both domestic and global markets. ...
Digital Economy Forum underscores Kingdom’s rapid digitalization
The Digital Economy Forum 2025 focussed on Cambodia’s advancing digital landscape by fostering digital literacy and promoting the importance of digitalization. ...
Chea Vanyuth
https://www.khmertimeskh.com/501654849/digital-economy-forum-underscores-kingdoms-rapid-digitalization/
Kingdom signed concessional loans totalling $1.8 billion
The Royal Government of Cambodia secured new concessional loans close to $1.8 billion ($1.79584 billion) from various development partners, marking an increase of two percent from the previous year, according to Cambodia Public Debt Statistical Bulletin released last week. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501654851/kingdom-signed-concessional-loans-totalling-1-8-billion/
Europe provides over $16 mil to support Cambodia’s rural economy
The European Investment Bank (EIB Global) has provided a grant of 15 million euros (approximately $16.27million), to Cambodia to support rural economic development and trade in agricultural products. ...
Khmer Times Staff
https://www.khmertimeskh.com/501654129/europe-provides-over-16-mil-to-support-cambodias-rural-economy/
Kampot International Tourism Port set to open on April 3
To coincide with the upcoming Khmer New Year (KNY) festival, the Royal Government of Cambodia (RGC) has scheduled to officially inaugurate the Kampot International Tourism Port on April 3. ...
Nhean Chamrong
https://www.khmertimeskh.com/501652997/kampot-international-tourism-port-set-to-open-on-april-3/
CDC lays out recommendations to bolster G-PSF mechanism
The Council for the Development of Cambodia (CDC) outlined four key recommendations to enhance the effectiveness of the Royal Government-Private Sector Forum (G-PSF), focusing on improving communication, accelerating operational procedures and developing the website. ...
Nhean Chamrong
https://www.khmertimeskh.com/501653004/cdc-lays-out-recommendations-to-bolster-g-psf-mechanism/
LDC graduation could drop Cambodia’s growth by 1.5%
Cambodia’s graduation from a Least Developed Country (LDC) could slow GDP growth by up to 1.5 percent with a potential loss of 165,000 jobs, cautioned Alissar Chaker, Resident Representative, United Nations Development Programme (UNDP) Cambodia. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501652995/ldc-graduation-could-drop-cambodias-growth-by-1-5/
Cambodia’s exports to US up 25% in two months
Cambodia’s exports to the United States soared to over $1.6 billion between January and February 2025, marking a 25 percent increase from the same period last year, according to a report from the General Department of Customs and Excise of Cambodia released earlier this week. ...
Sum Manet
https://www.khmertimeskh.com/501653007/cambodias-exports-to-us-up-25-in-two-months/
Cambodia attracts $1.06 billion investment in first two months
Cambodia approved fixed-assets investment projects worth $1,069 million in the first two months of 2025 with a total number of projects of 104 projects, a Council for the Development of Cambodia (CDC) report showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501652372/cambodia-attracts-1-06-billion-investment-in-first-two-months/
ASEAN shooting for top four global economy spot
ASEAN is setting its sights on becoming the world’s fourth-largest economy by 2030, as the region strengthens trade, investment and economic partnerships amid intensifying global competition. ...
Hong Raksmey
https://www.phnompenhpost.com/business/asean-shooting-for-top-four-global-economy-spot
Cambodia's total public debt reaches over $12 billion by the end of 2024
In the fourth quarter of 2024, the Cambodian government signed new loan agreements with creditors amounting to $763.83 million, bringing total public debt to over $12 billion, more than 99% of it external. Additionally, the government paid nearly $560 million in debt service. ...
Jan-Feb saw CDC say yes to 112 investment projects
More than 40 investment projects, totaling over $320 million, were approved by the Council for the Development of Cambodia (CDC) in February, bringing the total number of investment projects approved by the CDC in the first two months of 2025 to 112, with a total ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-feb-saw-cdc-say-yes-to-112-investment-projects
MEF reports zero debt with China in 2024
Although Cambodia’s public debt exceeded $12 billion by the end of last year, the Ministry of Economy and Finance (MEF) yesterday reported that no loans were signed with China, the Kingdom’s former top creditor that provided over $300 million in 2023. ...
Nhean Chamrong
https://www.khmertimeskh.com/501651781/mef-reports-zero-debt-with-china-in-2024/