Economy and commerce

As part of a broader push to strengthen economic integration within Southeast Asia, the ASEAN Business Advisory Council (ASEAN-BAC) has unveiled a series of ambitious initiatives aimed at fostering private sector growth, regional collaboration, and sustainable development. ...

The Council for the Development of Cambodia (CDC) is working on the decentralization of the investment project registration process to the sub-national level to enhance a smoother and more efficient investment environment. ...

Ambassadors and Consuls General of Cambodia abroad have reaffirmed their commitment to further promote the country’s tourism potential to the world during their missions. This commitment was made during a meeting on March 9 between Huot Hak, Minister of Tourism, and a delegation of 19 ...

A new special economic zone (SEZ) in Preah Sihanouk province – with total investment of approximately $500 million – is reportedly close to final approval. ...

A Japanese business delegation representing around 40 companies has expressed appreciation for the efforts of the Cambodian government, which continually is working to build confidence in investors from all over the world. ...

Hean Sahib, Secretary of State at the Ministry of Economy and Finance and Chairman of the Investment Promotion Working Group for Preah Sihanouk, Monday led an inspection team to the Peninsula Bay project and Sihanoukville Special Economic Zone (SSEZ) to strengthen investment promotion under the ...

Prime Minister Hun Manet yesterday said that the Royal Government of Cambodia (RGC) is optimistic about achieving an average annual economic growth of 6.5 percent for the next decade. To realise this goal, he emphasised that the target can only be met through specific, direct, ...

The Ministry of Industry, Science, Technology and Innovation (MISTI) yesterday unveiled the Cambodia Enterprise Innovation Index (CEII) Guidelines, a strategic initiative designed to boost enterprise innovation and competitiveness.   ...

Prime Minister Hun Manet Saturday said that the One Village One Product (OVOP) movement has played a major role in increasing incomes, revitalizing rural economic activities, reducing poverty, curbing migration, and strengthening community ownership.   ...

Sun Chanthol first vice-president of The Council for the Development of Cambodia (CDC), stated that Cambodia is continuing to push for improvements in all sectors to enhance the business environment and increase the potential to attract more foreign direct investment. ...

The National bank of Cambodia has reported large increases in the use of its Bakong digital payment system in 2024, with over 600 million transactions taking place. ...

A senior official from the Ministry of Economy and Finance has suggested that the success of an investment initiative in Preah Sihanouk province will lead to similar, Kingdom-wide programmes. ...

The Ministry of Commerce has rejected claims by US-owned news outlet NK News that North Korean companies are engaged in business in Cambodia. ...

The Coordinating Committee on Informal Economy Development (CCIED) in partnership with the Battambang Provincial Administration has intensified efforts to integrate informal workers into the formal sector.   ...

Cambodia’s market value of E-commerce reached approximately $1.12 billion in 2024 and is projected to reach $1.81 billion in 2029, thanks to the rapid digital payment adoption, a tech-savvy youth population, rising smartphone penetration, and strong government support, said a 2024 E-Commerce report published by ...

Cambodia is keen to boost its agricultural exports to China and the country sees China as a major destination for its increasing agricultural products, according to Lao Nguon Eng, Commercial Attaché to the Consulate General of Cambodia in Guangzhou. ...

As Cambodia’s economy recorded a 6% growth rate in 2024, the government registered nearly 1,300 new Micro, Small, and Medium Enterprises (MSMEs), bringing the total number of MSMEs across the country to nearly 44,000 and employing over 476,200 workers, according to official data. ...

Cambodia’s total value of industrial products in 2024 exceeded $15 billion, with nearly $4 billion allocated to the domestic market and over $11 billion attributed to exports, according to the 2024 Annual Report and 2025 Planning of the Ministry of Industry, Science, Technology & Innovation ...

Cambodia is projected to attract up to 7.5 million international tourists in 2025, Tourism Minister Huot Hak said here on Wednesday. ...

The Cambodian Chamber of Commerce (CCC) Wednesday urged entrepreneurs to better understand the use of standard labels for products and production systems to boost competitiveness in both domestic and international markets. ...

The tourism industry contributed 9.4 per cent to Cambodia’s gross domestic product (GDP) last year, making the sector one of the key drivers of the country’s economy, according to a report from the Ministry of Tourism released on February 24. ...

By the end of 2024, the microfinance sector had supported more than 1.48 million people, providing loans totalling approximately $5.16 billion, according to a report by the Cambodia Microfinance Association (CMA). ...

Cambodia’s manufacturing sector experienced a robust growth in 2024 with the number of manufactures reaching a new high of 2,316 as of November last year, a report from the Ministry of Industry, Science, Technology, and Innovation showed. ...

A senior government official has highlighted the importance of increasing the speed of Cambodia’s economic diversification is essential to achieving its 2050 vision of becoming a high-income country. ...