Economy and commerce
Trade
Cambodia, UK discuss ways to boost bilateral investment and trade cooperation
Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, received here on Monday the United Kingdom (UK) Minister for the Indo-Pacific, Rt Hon. Anne-Marie Trevelyan, discussing the bilateral cooperation on investment and trade, and UK backed-Green special economic zone project in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501451334/cambodia-uk-discuss-ways-to-boost-bilateral-investment-and-trade-cooperation/
PM’s Australia visit expected to stimulate trade
Prime Minister Hun Manet will make his first visit to the ASEAN-Australia Special Summit next month, with experts expecting the trip to boost trade between the two nations, as well as Australian investment in Cambodia. ...
Mao Sreypich
https://kiripost.com/stories/pms-australia-visit-expected-to-stimulate-trade
US and Cambodia seek to strengthen relations
Senior US officials met with Prime Minister Hun Manet during a visit aimed at boosting the relationship between the two countries, and to raise social issues that need to be resolved. ...
Meas Molika
https://kiripost.com/stories/us-and-cambodia-seek-to-strengthen-relations
Bilateral trade with Thailand nearly $342M
Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m
Malaysian PM welcomes Manet, pledges closer ties
Following a one-day visit to Malaysia by Prime Minister Hun Manet, Cambodia and the predominantly Muslim nation have agreed to deepen their bilateral collaboration in various sectors. ...
Samban Chandara
https://www.phnompenhpost.com/national/malaysian-pm-welcomes-manet-pledges-closer-ties
Cambodia-ASEAN Business Summit slated for April
The Cambodian Chamber of Commerce (CCC) in collaboration with ASEAN Business Advisory Council Cambodia supported by the Cambodian Government will host the Cambodia-ASEAN Business Summit in April in Phnom Penh. ...
Chea Vanyuth
https://www.khmertimeskh.com/501445994/cambodia-asean-business-summit-slated-for-april/
PPAP reports robust growth amid recovery
The Phnom Penh Autonomous Port (PPAP), the Kingdom’s largest stock-listed river port, reported favourable business performance in the year’s first month, in line with the government’s projection of 6.6% economic growth, driven by global and regional economic improvements. ...
May Kunmakara
https://www.phnompenhpost.com/business/ppap-reports-robust-growth-amid-recovery
US lead purchaser of Cambodian goods in January
The US emerged as the leading buyer of Cambodian exports in the first month of 2024, with purchases nearing $630 million, approximately a third of the country’s total exports to the global market, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/us-lead-purchaser-of-cambodian-goods-in-january
Cambodia ready to ramp up trade ties with Malaysia
A business forum scheduled to be held on Tuesday in Kuala Lumpur, Malaysia, is expected to pave the way to enhance bilateral cooperation on trade, investment and economy between Cambodia and Malaysia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501446578/cambodia-ready-to-ramp-up-trade-ties-with-malaysia/
Cambodia bats for trade cooperation at WTO meet
Cambodia on Sunday called for the inclusion of the Investment Facilitation for Development (IFD) agreement into the WTO programme as such a fusion will benefit the member states – including Cambodia – by enhancing the investment climate. ...
Nhean Chamrong
https://www.khmertimeskh.com/501446580/cambodia-bats-for-trade-cooperation-at-wto-meet/
Cambodia, UK foster bilateral trade and economic cooperation
Cambodia and the United Kingdom have agreed to push for better economic and trade cooperation, amid significant growth in bilateral trade in recent years. ...
Chea Vanyuth
https://www.khmertimeskh.com/501442504/cambodia-uk-foster-bilateral-trade-and-economic-cooperation/
Thai businessmen likely to invest $1B in Cambodia
A week after Prime Minister Hun Manet concluded his first official trip to Thailand, hundreds of Thai businessmen have shown keen interest in exploring investment opportunities in three potential projects across Cambodia in early March to the tune of $1 billion. ...
Nheng Chamrong
https://www.khmertimeskh.com/501442027/thai-businessmen-likely-to-invest-1b-in-cambodia/
Cambodia’s rubber exports rise by 123 percent
Amid the fall in global demand, Cambodia earned $121 million from the exports of rubber articles in the first month of this year, an increase of 123.5 percent compared to the same period last year, according to the latest trade data of the General Department ...
Manoj Mathew
https://www.khmertimeskh.com/501440080/cambodias-rubber-exports-rise-by-123-percent/
Cambodia boosts rice exports 25% to 46,221 tonnes in Jan
Cambodia exported 25.2 percent more milled rice to 46,221 tonnes this January, compared to the previous year, as per a Cambodia Rice Federation (CRF)’s report. This resulted in a 13 percent year-over-year rise in income to the exchequer of $32.6 million from rice exports in ...
Rachel David
https://www.khmertimeskh.com/501439361/cambodia-boosts-rice-exports-25-to-46221-tonnes-in-jan/
Cambodia’s GFT exports jump 22% amid rising hopes
The exports of garments, footwear and travel goods (GFT) rose by 21.64 percent in January this year, earning $967 million for the sector after declining for most of the time last year. The turnaround brought cheers to the vital sector of the Cambodian economy that ...
Manoj Mathew
https://www.khmertimeskh.com/501439379/cambodias-gft-exports-jump-22-amid-rising-hopes/
Cambodia’s international trade up 16.7 pct in January
Cambodia’s foreign trade volume hit $4.05 billion in January 2024, up 16.7 percent from $3.47 billion in the same month last year, an official report showed on February 12, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501439008/cambodias-international-trade-up-16-7-pct-in-january/
Royal Group PPSP sees four-fold increase in annual net profits in 2023
Royal Group Phnom Penh SEZ Plc. (RGPPSP) has recorded an almost four-fold increase in annual net profits for 2023 compared to 2022, according to a Cambodia Stock Exchange (CSX) bourse filing by the special economic zone (SEZ) developer last week. ...
James Whitehead
https://www.khmertimeskh.com/501438729/royal-group-ppsp-sees-four-fold-increase-in-annual-net-profits-in-2023/
Cambodia, Thailand to enlarge trade, investment ties
Cambodia and Thailand yesterday vowed to foster bilateral trade and investment by facilitating a better border-crossing mechanism for goods even as the two countries upgraded their ties to a strategic partnership. ...
Chea Vanyuth
https://www.khmertimeskh.com/501436273/cambodia-thailand-to-enlarge-trade-investment-ties/
PM Inks five deals to boost ties with Thailand
Five Memorandums of Understanding (MoUs) were signed during Prime Minister Hun Manet’s visit to Thailand to strengthen the development of connectivity between Cambodia and the neighbouring country. ...
Yatt Malai
https://kiripost.com/stories/pm-inks-five-deals-to-boost-ties-with-thailand
Cambodia, Thailand target $15 billion trade by 2025
Prime Ministers of Cambodia and Thailand this week will meet in Bangkok and discuss steps for boosting bilateral trade, facilitating goods transport crossing the border, and removing barriers between the two countries. ...
Chea Vanyuth
https://www.khmertimeskh.com/501434816/cambodia-thailand-target-15-billion-trade-by-2025/
SSEZ’s export-import valued at $3.36 billion in 2023
The total import and export volume of the Sihanoukville Special Economic Zone (SSEZ) were valued at $3.36 billion in 2023, a year-on-year increase of 34.8 percent, the zone’s operator said in a statement issued recently. ...
Khmer Times Staff
https://www.khmertimeskh.com/501435871/ssezs-export-import-valued-at-3-36-billion-in-2023/
Cambodia still committed to strong ASEAN-EU relations
Foreign minister Sok Chenda Sophea has expressed Cambodia’s commitment to enhancing the ASEAN-EU Strategic Partnership, noting that it is based on mutual respect, understanding and interests. ...
Samban Chandara
https://www.phnompenhpost.com/national/kingdom-still-committed-to-strong-asean-eu-relations
BRI-backed economic zone in Cambodia records 34.8 pct rise in trade volume in 2023
The value of imports and exports passing through the Sihanoukville Special Economy Zone (SSEZ) in Cambodia reached $3.36 billionin 2023, a year-on-year increase of 34.8 percent, the zone operator said in a recent statement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501435120/bri-backed-economic-zone-in-cambodia-records-34-8-pct-rise-in-trade-volume-in-2023/
IMF forecasts Cambodia GDP at 6%, but warns of weak US, China growth
Following the pandemic, economic growth has been steady, the International Monetary Fund (IMF) said, with expansion projected at six percent in 2024, from an estimated 5.3 percent last year, thanks to tourism and non-garment exports. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/imf-forecasts-cambodia-gdp-at-6-but-warns-of-weak-us-china-growth