Economy and commerce

Fishing communities in Kampot and Kep provinces are under threat as a coastal tourism project linked to the wife of a government minister is reportedly moving forward, the Cambodian Center for Human Rights said. ...

Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report.   ...

Lieutenant General John Sanderson – a retired senior Australian Army officer and former Force Commander of the UN Transitional Authority in Cambodia (UNTAC) – praised the rapid development of Cambodia and its “huge successes” while also expressing his appreciation for the Kingdom’s contributions to global ...

Deputy Prime Minister Prak Sokhon, Minister of Foreign Affairs and International Cooperation, received a Malaysian business delegation, comprising 50 SME sectoral players to visit and participate in a business forum in Cambodia. ...

Following the celebration and influx of tourists during the Khmer New Year, Cambodia has recorded an increase in weekly tourists last weekend, as the country moves toward the recovery of its tourism sector. ...

Cambodia’s Deputy Prime Minister and Foreign Minister, Prak Sokhon has urged  Italy to reconsider raising tariffs on rice imports. ...

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) clocked in at $710 million in the first three months of 2022, marking a 50.74 per cent rise year-on-year from $471 million, the operator said in a statement on April 23. ...

Cambodia’s Ministry of Commerce and Vietnam’s Ministry of Industry and Trade talked about boosting trade activities, pledging to push the bilateral trade volume to $10 billion by this year. ...

Cambodia and Laos are moving for harmony between the two countries by enhancing their friendship through cooperation, trade ties and plans for Prime Minister Hun Sen to visit Laos. ...

The China Road and Bridge Corporation (CRBC) has finished a feasibility study for the construction of a waterway and logistic facility along the Bassac River in Phnom Penh. ...

Bilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs. ...

Cambodia is requesting that a new checkpoint be opened to allow transborder transport and travel between Trat province and Thmor Dar in Cambodia’s Pursat province. ...

A high percentage of the Covid-19 vaccinated population, and the new investment law put into force last year have helped increase the number of new investment projects in Cambodia. ...

Following confirmation of Cambodia’s eligibility to depart from the least developed country (LDC) status for the first time ever in 2021, the UN has stated graduation could be recommended “as early as 2027”, so long as the same standards are met when the Committee for ...

Around 300 garment workers from Canteran Apparel gathered on Veng Sreng Street in Chaom Chao commune’s Trapeang Thleung village of Phnom Penh’s Por Sen Chey district on April 19 to protest recent actions by the owner of the business. ...

Cambodia exported more than $3 billion worth of garments, footwear, travel goods and other textile-related products in the first quarter of 2022, an increase of nearly a quarter compared to the same period last year, according to data from the General Department of Customs and ...

Cambodia and China shared a bilateral trade volume of $2.87343 billion in the first quarter of this year, up by 30.14 per cent from the $2.20788 billion recorded in the same period last year, reflecting overall progress in the resumption of economic activity as Covid-19 ...

The Cambodian government identified the automotive and electronics sectors as potential priority sectors for promoting Cambodia’s participation in the global value chain, as well as promoting economic diversification and economic recovery after the Covid-19. ...

The bilateral free trade between Cambodia and South Korea surged 22.8 percent to $234.4 million in the first three months of this year.   ...

The Royal Government of Cambodia identifies the automotive and electronics sectors as potential priority sectors for promoting Cambodia’s participation in the global value chain. ...

The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...

Cambodia counted nearly 4.6 million domestic tourists over this year’s three-day public holiday for the Khmer New Year, including 4.5 million Cambodians and nearly 30,000 foreign residents – a number which officials have said is similar to that seen pre-pandemic.   ...

The General Department of Customs and Excise of Cambodia (ACC) collected 2,428.6 billion Riels, equivalent to $597.6 million or approximately 23.2percent of the plan set by the Financial Law for 2022 management. ...

The total trade volume between Cambodia and its partners reached $13.162 billion in the first quarter of this year, up 9.1 percent compared to the same period last year. ...