Economy and commerce
Cambodia, UK discuss ways to enhance private investment
The Council for the Development of Cambodia (CDC) and the Department of Business & Trade (DBT) of the United Kingdom held a roundtable meeting to discuss mechanisms to improve the investment climate for British private companies. ...
Nhean Chamrong
https://www.khmertimeskh.com/501593978/cambodia-uk-discuss-ways-to-enhance-private-investment/
US economic policy changes likely to impact Cambodia’s trade
A recent analysis by CBRE Cambodia highlights the potential risks and opportunities for Cambodia’s upcoming trade and investment trends as US President-elect Donald Trump and his administration gear up to take office for the second term as US President. ...
James Whitehead
https://www.khmertimeskh.com/501593975/us-economic-policy-changes-likely-to-impact-cambodias-trade/
Cambodia needs $36B for large scale infra development
Cambodia needs an investment capital of around $36 billion to implement the master plan for infrastructure developments in short- and medium-term projects 2023-2027 and long-term projects 2028-2033, according to a report by the Ministry of Public Works and Transport. ...
Sum Manet
https://www.khmertimeskh.com/501593982/cambodia-needs-36b-for-large-scale-infra-development/
Cambodia has 1,273 Chinese-invested factories worth $9B
As of October 2024, Cambodia has a total of 1,273 factories invested by Chinese investors, totaling $9.08 billion, which represents 45.49 percent of the country’s overall investment capital. ...
Chea Vanyuth
https://www.khmertimeskh.com/501586372/cambodia-has-1273-chinese-invested-factories-worth-9b/
US remains Cambodia’s number one export market in 10 months
In the first ten months, the United States remained Cambodia’s number one export market, while Vietnam at number two, according to a data released by the General Department of Customs and Excise (GDCE). ...
Sum Manet
https://www.khmertimeskh.com/501593580/us-remains-cambodias-number-one-export-market-in-10-months/
PM says Kingdom provides safe investment environment
Prime Minister Hun Manet yesterday assured foreign investors that their investments are safe in Cambodia, as it provides a stable environment for businesses. ...
Mom Kunthea
https://www.khmertimeskh.com/501590518/pm-says-kingdom-provides-safe-investment-environment/
Jan-Oct garment exports exceed 2023 totals
The value of Cambodia’s garment exports reached over $9.33 billion in the first 10 months of 2024, surpassing the total export value of garments in 2023. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-oct-garment-exports-exceed-2023-totals-
Kingdom pushes fintech strategic plan
The Non-Bank Financial Services Authority (NBFSA), the Private Sector Working Group and Cambodia Chamber of Commerce (CCC) joined hands last Friday to organise a consultative workshop on the development of a ‘Financial Technology (Fintech) Strategic Development Plan’ for the non-bank financial sector from 2024 to ...
Chea Vanyuth
https://www.khmertimeskh.com/501589344/kingdom-pushes-fintech-strategic-plan/
PM Hun Manet holds fruitful meetings in Kunming, China
Prime Minister Hun Manet held fruitful meetings in Kunming, Yunnan province, China, where he met with the Governor of Yunnan, leaders from Vietnam and Myanmar, business representatives, and Cambodian students studying in Yunnan. ...
Khmer Times Staff
https://www.khmertimeskh.com/501589410/pm-hun-manet-holds-fruitful-meetings-in-kunming-china/
NBC chief urges SMEs to adopt digital tools
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. ...
Nhean Chamrong
https://www.khmertimeskh.com/501589326/nbc-chief-urges-smes-to-adopt-digital-tools/
Government plans to borrow $2.6 billion from DPs in 2025
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. ...
Sum Manet
https://www.khmertimeskh.com/501589356/government-plans-to-borrow-2-6-billion-from-dps-in-2025/
NBC seeks riel accounts for all businesses
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. ...
Sum Manet
https://www.khmertimeskh.com/501586430/nbc-seeks-riel-accounts-for-all-businesses/
CDC endorses 31 investment projects worth $226 million in October
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. ...
Khmer Times Staff
https://www.khmertimeskh.com/501586729/cdc-endorses-31-investment-projects-worth-226-million-in-october/
MoC launches Export Service Centre
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. ...
Mom Kunthea
https://www.khmertimeskh.com/501586370/moc-launches-export-service-centre/
Cambodia earns $1.5 billion from rice exports
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. ...
Chea Vanyuth
https://www.khmertimeskh.com/501587936/cambodia-earns-1-5-billion-from-rice-exports/
Cambodia’s agri exports rise 53% in nine months
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). ...
Mom Kunthea
https://www.khmertimeskh.com/501586374/cambodias-agri-exports-rise-53-in-nine-months/
Cambodia aims for stronger economic ties with US
Cambodian businesses are eager to strengthening relations with the US during the upcoming Donald Trump Administration. ...
Sum Manet
https://www.khmertimeskh.com/501587906/cambodia-aims-for-stronger-economic-ties-with-us/
Government’s Q3 cash flow management receives praise
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). ...
Sum Manet
https://www.khmertimeskh.com/501587912/governments-q3-cash-flow-management-receives-praise/
PM seeks Chinese investment in agri sector
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. ...
Mom Kunthea
https://www.khmertimeskh.com/501587948/pm-seeks-chinese-investment-in-agri-sector/
Cambodia exports 507,029 tonnes of milled rice
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. ...
Khim Sokunthy
https://kiripost.com/stories/cambodia-exports-507029-tonnes-of-milled-rice
HKGCC probes Kingdom’s investment climate
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. ...
Khmer Times Staff
https://www.khmertimeskh.com/501586377/hkgcc-probes-kingdoms-investment-climate/
Cambodia, China strengthen digital economy cooperation
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. ...
Ben Sokhean
https://www.khmertimeskh.com/501585569/cambodia-china-strengthen-digital-economy-cooperation/
Cambodia sees just 1% rise in MFI loans this year
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. ...
Sum Manet
https://www.khmertimeskh.com/501585584/cambodia-sees-just-1-rise-in-mfi-loans-this-year/
Cambodia, Australia reinforce economic ties at meeting
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. ...
Jerome Misa
https://www.khmertimeskh.com/501584988/cambodia-australia-reinforce-economic-ties-at-meeting/