Economy and commerce

China has topped the list of buyers of Cambodian milled rice for the first five months of 2022, accounting for more than half of the Kingdom’s total exports of the commodity, which has seen a nearly 22 per cent year-on-year surge overall. ...

The first France-Cambodia Business Forum, scheduled for June 9-10 in Phnom Penh, seeks to promote investment, increase cooperation and expand bilateral trade between the Kingdom and its former colonial power, according to organisers. ...

Cambodia exported a total of 64,660 tonnes of soybeans and mung beans in the first four months of this year, roughly doubling from the same period in 2021, with more than 96.5 per cent bought by Vietnam, according to the agriculture ministry. ...

Cambodia and Hungary on May 27 reaffirmed their vows to strengthen and further develop economic and trade cooperation after a reported dip in trade last year pinned on the global Covid-19 crisis. ...

There has been significant growth in digitisation across the world in recent years and the Covid-19 pandemic only accelerated the process. Cambodia too has been called up to step up investments in the sector to build capacity matching international standards. ...

The Royal Government of Cambodia plans to officially issue $300 million in securities this month. This is according to Mang Sopheara, Deputy Director General of the General Department of International Cooperation and Debt Management of the Ministry of Economy and Finance and a member of ...

Cambodia and Hungary agreed to enhance economic and trade cooperation at a meeting held recently at the Ministry of Commerce (MoC) after bilateral trade between the two countries re-bounced this year, according to a release. ...

Prominent Cambodian-based investors are joining forces to shed light on the Law on Trust and advertise the Kingdom’s investment environment, to make up for missed opportunities due to the Covid-19 pandemic as the local outbreak remains under control. ...

The Royal Government of Cambodia is promoting the economic literacy for non-economists. An 11-day workshop on the topic was conducted recently in hybrid format by professors and experts from Crawford School of Public Policy, Australian National University (ANU). ...

The Regional Comprehensive Economic Partnership (RCEP) free trade pact is the best example of an open, inclusive and rules-based trading system, Cambodian Prime Minister Hun Sen said on Friday. ...

PESTECH International Berhad and Hydrogene De France SA have signed a memorandum of understanding to collaborate on green hydrogen production from hydropower plants in Cambodia and Malaysia. ...

The Council for the Development of Cambodia (CDC) has approved four new investment projects with a total capital of $8.4 million. ...

Chinese company “Jiangsu General Science Technology Co Ltd” has invested nearly $300 million to build the largest tyre factory in the Sihanoukville Special Economic Zone (SSEZ), according to Beijing’s embassy in Phnom Penh. ...

Cambodia earned more than $1.502 billion from tax collection in the first four months of 2022, an increase of over $340 million or 29.36 per cent year-on-year, a feat observers believe reflects recovery and encouraging results from the government’s push started in early November towards ...

The Cambodia-South Korea Free Trade Agreement can help boost Cambodian exports of garments, textiles, and footwear to South Korea. ...

The Cambodia-South Korea Free Trade Agreement can help boost Cambodian exports of garments, textiles, and footwear to South Korea. ...

Citing low bilateral trade volume, Myanmar and Cambodia are expediting talks on two draft agreements to raise trade cooperation. Cambodian commerce minister Pan Sorasak recently called on the two sides for more discussions on economic and trade progress “within the regional and bilateral frameworks aimed ...

Public-listed special economic zone (SEZ) developer Phnom Penh SEZ Plc (PPSP) has reported a sharp increase in total revenue and lower net loss in the first quarter of 2022, a filing with Cambodia Securities Exchange (CSX) showed. ...

The Ministry of Public Works and Transport will sign a memorandum of understanding (MoU) with ACLEDA Bank and ABA Bank to facilitate the payment of public service fees via Port EDI, an electronic data exchange system. ...

Prime Minister Hun Sen has invited Prof. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), to attend the 2nd ASEAN Global Dialogue to be held in Phnom Penh in November this year. ...

The Micro, Small and Medium Entreprises (MSME) sector in Cambodia faces a funding shortage to the tune of $3.7 billion, said Tommy Boukhris, Asian Venture Philanthropy Network (AVPN) Cambodia Advisor and Senior Consultant & Portfolio Manager, EMC. ...

Prime Minister Hun Sen said that Cambodia has been boosting exports of manufacturing products – both garment and non-garment – and domestic tourism to support strong economic growth. ...

Prime Minister Hun Sen has stated that with the subsequent easing of administrative and health measures, Cambodia encourages openness and strengthening of economic integration by promoting investment, trade, by fully implementing free trade agreements. ...

Cambodia and Singapore have pledged to step up cooperation to bolster bilateral trade, after registering more than $5.2 billion last year, marking a nearly 50 per cent jump over 2020. ...