Economy and commerce

Bilateral trade between Cambodia and Japan in the first eight months of 2022 rose by more than one-sixth on-year, in a trend expected to carry into the foreseeable future, largely driven by agricultural exports from the Kingdom. Still, the business community is calling for greater ...

Average year-on-year inflation for the second half (H2) of 2022 will fall below five per cent, on the back of improvements in economic activity, as gross domestic product (GDP) grows around five per cent over the period, National Bank of Cambodia (NBC) governor Chea Chanto ...

The Republic of Guatemala is committed to further promote the cooperation on culture and trade with Cambodia. The commitment was made by Carlos Humberto Jiménez Licona, newly-appointed Ambassador of the Republic of Guatemala to Cambodia, while paying a courtesy call on Cambodian Acting Head of ...

Prime Minister Hun Sen called for enhanced cooperation among countries in the region to achieve a sustainable economic recovery in a speech delivered on Sunday at a forum where experts also highlighted the benefits of green and digital transitions. ...

Minister of State for Trade and Export Growth Phil Twyford will travel to Cambodia this week to attend the Association of South East Asian Nations (ASEAN) Economic Ministers’ consultations. ...

Cambodian Prime Minister Hun Sen launched the ASEAN Economic Club at a forum on Sept 12 with a call for enhanced cooperation among regional countries for sustainable and inclusive economic recovery. ...

The Council for the Development of Cambodia (CDC) has approved three new investment projects with a total capital of $16.5 million in Kampong Speu province and Phnom Penh capital. ...

Public-listed industrial-park operator Phnom Penh SEZ Plc (PPSP) revealed that employment among the 120 tenants of its Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) southwest of the capital’s airport has increased by over 85 percent since 2019, despite the Covid-19 crisis and resulting job ...

A new book by the Asian Development Bank reveals one in five informal workers in Cambodia lost employment due to the pandemic, with women workers hit harder than men. ...

Inflation remains under control and is predicted to drop below five percent as banking and financial institutes continue to aid post-pandemic economic recovery, says the National Bank of Cambodia. ...

The Cambodian Women Entrepreneurs Association (CWEA) said that e-Commerce in Cambodia is set to grow rapidly with the ease of doing business in the Kingdom. Entrepreneurs explained that the e-commerce sector has boomed in the country in recent years thanks to the rapid development of ...

Cambodia is planning to receive one million international tourists via the sea route by 2027 and will strengthen the Southern Tourism Corridor (STC) Cooperation as well, said Thong Rathasak, Director General of Tourism Development and International Cooperation of the Ministry of Tourism, recently. ...

The Asian Development Bank is engaged in developing a new project called ‘Skills for Future Economy’ with the purpose of improving the industry in Cambodia, according to a senior officer of the Royal Government of Cambodia. ...

The Kingdom has seen a significant rise in the number of international tourists in the January-August period of 2022, reflecting the industry recovery thanks to the government resuming the border to vaccinated tourists. ...

The Real Estate Business and Pawnshop Regulator (RPR) under the Non-Bank Financial Service Authority (FSA) of the Ministry of Economy and Finance (MEF) has prepared notifications to fine 38 businesses that provide non-bank financial services and products to customers, according to a report released by ...

The Council for the Development of Cambodia (CDC) has approved 149 Japanese investment projects with a total investment capital of about $2.9 billion as of August 2022. ...

The Kingdom of Cambodia is now able to directly export its longan to the Chinese market, Chinese Embassy in Cambodia said yesterday evening. ...

The number of people classified as poor has gone up by 25 percent in the 10 months from June 2020 to April 2021 in Cambodia due to income decline and job losses following the spread of Covid-19, said a survey by the Asia Foundation. ...

The Cambodian government had a total public debt stock of $9.7 billion as of June 2022, according to the Cambodia Public Debt Statistical Bulletin published on Wednesday. ...

The National Bank of Cambodia (NBC) announced that it will float the 100 billion riel ($25 million) first tranche of its 1.2195 trillion riel maiden sovereign-bond issue on September 7, which financial experts point out will allow the government to diversify funding sources for national ...

Cambodia has earned KHR 16,430 billion (approximately $3.98 billion) as income in the January-August period of this year, the Ministry of Economy and Finance’s report stated on Tuesday. ...

Cambodia received almost $3.3 billion for 123 foreign investment projects from January to August this year, according to data by the Council for the Development of Cambodia (CDC). ...

Prime Minister Hun Sen applauded Cambodian and Thai officials for promoting good relations between the two neighbours, as well as cooperation in trade, education and other sectors despite the Covid-19 pandemic. ...

China and the European markets remain the potential markets for Cambodia’s agricultural products, said key insiders, urging exporters and companies to focus on those two big markets for their processing of agricultural products. ...