Industries
Cambodia receives 6 million international visitors in 11 months of 2024
In the first 11 months of 2024, Cambodia received approximately 6 million international tourists, an increase of 22 percent compared to the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501608473/cambodia-receives-6-million-international-visitors-in-11-months-of-2024/
Cambodia’s GFT exports surge 25%, trend to continue in 2025
Cambodia’s exports of garments, footwear and travel goods (GFT) surged by 25.23 percent in the first eleven months of this year, compared to the same period last year, earning the country $12.51 billion, the latest trade data of the General Department of Customs and Excise ...
Manoj Mathew
https://www.khmertimeskh.com/501607441/cambodias-gft-exports-surge-25-trend-to-continue-in-2025/
Top 3 Cambodian infrastructure projects In 2025 which could boost construction development
According to the annual report from the Ministry of Land Management, Urban Planning and Construction (MLMUPC), released in November 2024, Cambodia’s construction sector attracted nearly US $80 billion of investment capital over 24 years from 2000 to 2024. In this time there have been construction permits ...
Khmer Times Staff
https://www.khmertimeskh.com/501605375/top-3-cambodian-infrastructure-projects-in-2025-which-could-boost-construction-development/
RCEP, bilateral FTAs boost Cambodia’s export in first 11 months of 2024
Cambodia exported products worth $23.93 billion in the first 11 months of 2024, up 16.8 percent over the same period last year, said a report from the General Department of Customs and Excise released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501606338/rcep-bilateral-ftas-boost-cambodias-export-in-first-11-months-of-2024/
CPC launched to boost food industry competitiveness and sustainability
The Cambodia Packaging Development Center (CPC) Friday officially launched to enhance the competitiveness and sustainability of the domestic food industry. It aims to improve food security, minimise waste, and establish Cambodia as a leader in sustainable food processing. ...
Mom Kunthea
https://www.khmertimeskh.com/501605551/cpc-launched-to-boost-food-industry-competitiveness-and-sustainability/
Hun Sen, Xi meet: calls for increased security co-op, party relations
Hun Sen, president of the Cambodian Senate and leader of the Cambodian People’s Party (CPP), met personally with Chinese President Xi Jinping on December 3, as part of his three-day official visit to China. He encouraged increased security cooperation in areas like fraud and online gambling, ...
Niem Chheng
https://www.phnompenhpost.com/politics/hun-sen-xi-meet-calls-for-increased-security-co-op-party-relations
Angkor Wat sees 28% rise in visits, nets $42 million
Angkor Archaeological Park, the most popular tourist attraction in Cambodia which is also a UNESCO World Heritage site, welcomed 898,336 foreign tourists in the first eleven months of this year, a year-on-year increase of 28.3 percent, a report showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501601877/angkor-wat-sees-28-rise-in-visits-nets-42-million/#google_vignette
Cambodia’s GFT sector gathers steam under EU collaboration
The Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC), in partnership with EuroCham and the Responsible Business Hub (RBH), has unveiled the 2024 GFT Sector Brief, Issue No. 3, shedding light on the current state and future potential of Cambodia’s garment, footwear, and ...
Jerome Misa
https://www.khmertimeskh.com/501587930/cambodias-gft-sector-gathers-steam-under-eu-collaboration/
DPM Samal outlines key tasks to boost Kep tourism
Say Samal, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction (MLMUPC), Monday called on the Kep Provincial Administration (KPA) to focus on achieving the objectives of Pentagonal Strategy – Phase One’s vision aimed at expanding accessibility to clean water, electricity and ...
Nhean Chamrong
https://www.khmertimeskh.com/501578336/dpm-samal-outlines-key-tasks-to-boost-kep-tourism/
Tourism minister lays out plans to attract Chinese visitors
Newly-appointed Minister of Tourism Huot Hak, who until recently served as Minister of Inspections, has called the Kingdom’s citizens and international guests to play their part in promoting Cambodia as a tourist destination, while assuring the public that the tourism ministry is actively working with ...
Niem Chheng
https://www.phnompenhpost.com/business/tourism-minister-lays-out-plans-to-attract-chinese-visitors
Post Covid recovery of Cambodia’s garment and tourism industries
The Covid-19 pandemic brought widespread economic disruption across the globe, and Cambodia was no exception. ...
Hong Raksmey
https://www.phnompenhpost.com/business/post-covid-recovery-of-cambodia-s-garment-and-tourism-industries
How Cambodia can achieve export diversification
Over the past decade, Cambodia has progressed in integrating into the global trade network and diversifying its exports beyond traditional products such as garments and textiles. Amid the changing global trade landscape, the country faces challenges such as trade disruptions and intensified competition. It is now ...
Khmer Times Staff
https://www.khmertimeskh.com/501575865/how-cambodia-can-achieve-export-diversification-2/
SAI offers discounts and incentives to boost airline operations
Siem Reap Angkor International Airport Operators announced discounts on terminals and operational fees for new flights and airlines to encourage the establishment of new routes and expanding business operations at Siem Reap Angkor International Airport (SAI). ...
Khmer Times Staff
https://www.khmertimeskh.com/501575519/sai-offers-discounts-and-incentives-to-boost-airline-operations/
Govt announces tax break to boost Siem Reap tourism businesses
The government has announced tax exemption for tourism-related businesses operating in Siem Reap province. ...
Chea Vanyuth
https://www.khmertimeskh.com/501575221/govt-announces-tax-break-to-boost-siem-reap-tourism-businesses/
Cambodia’s real estate market remains quiet during first 9 months of ‘24
Despite the government’s recent efforts to expand infrastructure development – such as roads, airports and airstrips – Cambodia’s real estate market in the first nine months of 2024 has not shown any notable positive signs, according to industry experts. ...
Bicycle export earns $278M in first eight months
Cambodia exported $278 million worth of bicycles including electric bicycles in the first eight months of this year, a 30 percent decrease year-on-year compared to the same period last year, a report by the General Department of Customs and Excise showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501570205/bicycle-export-earns-278m-in-first-eight-months/
Electrical machinery, equipment export revenue exceeds $1.4B
Cambodia earned approximately $1.4 billion from the export of electrical machinery, equipment and parts to international markets during the first eight months of 2024, a decrease of one-third compared to the same period in 2023. Some economists attribute the decline to weak global economic growth. ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-equipment-export-revenue-exceeds-1-4b
Environment Ministry, World Bank vow to enhance ecotourism project
The Ministry of Environment, in cooperation with the World Bank, vowed to enhance the Cambodia sustainable landscape and ecotourism project (CSLEP) to boost income for local communities. ...
Nop Sreymao
https://www.khmertimeskh.com/501556768/environment-ministry-world-bank-vow-to-enhance-ecotourism-project/
Cambodia’s economy driven by garment exports, tourism is to grow by 5.6% in 2024
Cambodia’s economy is projected to grow by 5.6 % this year, up from 5% compared to last year, boosted by a rise in garment exports and ongoing tourism recovery, said an ASEAN+3 Macroeconomic Research Office (AMRO) press release on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554331/cambodias-economy-driven-by-garment-exports-tourism-is-to-grow-by-5-6-in-2024/
Cambodia accelerates BUSINESS 15 reforms in post-Covid era, AMRO says
Cambodia’s economy is projected to grow by 5.6 percent in 2024 and 5.9 percent in 2025. The recovery momentum is driven by a rebound in the garment sector and sustained growth in the non-garment manufacturing sector. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554137/cambodia-accelerates-business-15-reforms-in-post-covid-era-amro-says/
New initiatives for Siem Reap-Angkor Action Plan
Cambodia has added three new initiatives to the Siem Reap-Angkor Action Plan 2025-2029, addressing the issues of gender, environment, and improvised anti-personnel mines. These additions reflect the country’s commitment to upholding the Ottawa Convention. ...
Khmer Times Staff
https://www.khmertimeskh.com/501552520/new-initiatives-for-siem-reap-angkor-action-plan/
Cambodia’s famed Angkor makes $30 mil revenue in first 8 months of 2024
Cambodia’s famed Angkor Archaeological Park made $30.33 million from ticket sales in the first eight months of 2024, up 31.3% from $23.09 million over the same period last year, said an official report on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501551419/cambodias-famed-angkor-makes-30-mil-revenue-in-first-8-months-of-2024/
Apparel workers demand $14 vs $1 employer offer in wage negotiations
Negotiations surrounding the minimum wage for workers in the textile, apparel, footwear and travel goods sector have started, with employee representatives proposing a $14 increase while employer representatives put forward $1. ...
Thang Sinorn
https://kiripost.com/stories/apparel-workers-demand-14-vs-1-employer-offer-in-wage-negotiations
Workers seek $14 minimum wage increase for 2025, employers offer $1
Cambodian worker representatives have called for a $14 increase in the minimum wage, while employer representatives have proposed a $1 increase on the current rate of $204 for 2025, according to a press release from the Ministry of Labour and Vocational Training following a meeting ...
Niem Chheng
https://www.phnompenhpost.com/national/workers-seek-14-minimum-wage-increase-for-2025-employers-offer-1