Economy and commerce

The Deputy Secretary General of the Cambodian Investment Board (CIB) Suon Sophal, today led a working group to meet and discuss with Li Yongjun, Director-General of the General Department of Economic Cooperation and Overseas Investment of the Ministry of Commerce of China, with the aim ...

Top officials from the Ministry of Economy yesterday presented an update on the Public Financial Management Reform Program during both Phase 3 Plus 2 (2019–2022) and Phase 4 (2023–2026) to the National Assembly’s (NA) Commission on Economy, Finance, Banking, and Auditing to assess the reform ...

The Kingdom’s import-export trade with all partners during the first two months of 2025 reached a total value of over $9.4 billion, an increase of more than 16% compared to the same period in 2024. Bilateral trade with China alone accounted for nearly 30% of ...

Top representatives of approximately 50 companies from Henan Province, China, are currently in Cambodia to explore investment opportunities, reflecting further deepening of economic ties between the two countries.   ...

The Ministry of Industry, Science, Technology & Innovation (MISTI) has reiterated its commitment to fostering the growth of Cambodia’s informal economy and facilitating its transition into the formal sector, as approximately 97% of small and medium-sized enterprises (SMEs) continue to operate informally.   ...

Not only will a slowdown in US economic activity weigh on Cambodia’s growth but also Cambodia remains susceptible to the potential imposition of reciprocal tariffs by US President Donald Trump, a country risk analysis published by BMI, a Fitch Solutions Company, on Friday, said. ...

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, highlighted six key priorities of Cambodia’s foreign policy at the recent closing ceremony of the Ministry of Foreign Affairs and International Cooperation (MFAIC)’s Annual Review Conference. ...

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. ...