Industries

Cambodia’s tourism earned gross revenue of $3.04 billion in 2023, up 115 percent from $1.41 billion in a year earlier, according to a Ministry of Tourisms report released on February 12, 2024. ...

Tourists and people of Siem Reap Province visit various resorts in Siem Reap Province during the Chinese-Vietnamese New Year from February 9–11, 2024, for a total of 117,677 people, an increase of 11.56% compared to 2023, about 105,481 people. ...

Manufacturing, the recovery of Cambodian tourism on the back of regional improvement, and infrastructure development are likely to boost gross domestic product (GDP) growth, projected at 6.4 percent this year, up from 5.5 percent in 2023. ...

Approximately 35 per cent of Cambodia’s 250,000 construction workers are women, according to Sok Kin, president of the Building and Wood Workers Trade Union Federation of Cambodia (BWTUC). ...

The Ministry of Environment plans to establish four international standard nursery stations in Kampong Speu, Koh Kong, Siem Reap, and Tbong Khmum provinces. ...

Cambodia received 547,798 Chinese visitors in 2023, up 412.5 percent from only 106,875 in a year earlier, said a Ministry of Tourism’s report released on Friday. ...

Wanli Tire Co Ltd, a State-owned enterprise based in Guangzhou, capital of Guangdong province, has begun construction of a new-phase production base amid a recovery of the country’s tire industry last year. ...

The ASEAN+3 Macroeconomic Research Office (AMRO) has maintained a 6.2 percent growth for Cambodia in the current year in its January 2024 Quarterly Update. ...

Cambodia attracted some 5.43 million international tourists in 2023, a sharp increase of 139 percent from 2.27 million in 2022, the Ministry of Tourism pointed out in a report on Friday. ...

EuroCham Cambodia has published a guidebook, ‘Alternative Manufacturing and Special Economic Zones Guidebook 2024’, providing insight for entrepreneurs, investors, and industry stakeholders seeking information about Cambodia’s manufacturing sphere. ...

Council for the Development of Cambodia (CDC) has decided to issue licences to ten investment projects with a total investment capital of more than $60 million, as of Jan. 15. ...

Dr. Hun Manet, Prime Minister of Kingdom of Cambodia, received separate courtesy calls from CEOs of two private companies in Davos, Switzerland on Jan. 16. ...

The Mayor of Xi’an in the People’s Republic of China, Ye Niuping, recently met with Cambodian Consul General Heng Poeu to discuss ways to enhance economic, cultural, and tourism cooperation between the two regions. ...

In a meeting with Dr. Hun Manet, Prime Minister of Cambodia, Monday, in France, Ms. Maud Bailly, Chief Executive Officer of Sofitel, MGallery& Emblems, representing ACCOR Group, expressed optimism about the growth and improvement of the tourism sector in Cambodia in 2024. ...

Lippo Group, a major Indonesian corporation, is seeking investment opportunities in Cambodia’s health and real estate sectors. ...

Cambodia exported 368,048 tonnes of dry rubber in 2023, a slight decrease of 1.3 percent from 372,903 tonnes in a year earlier, said a report from the General Directorate of Rubber on Wednesday. ...

Cambodian and Chinese officials have signed an MoU concerning plans to invest $1 billion (€910 million) in joint rubber & tire projects, Cambodia Development Council (CDC) has announced. ...

Cambodia and Switzerland have discussed increasing the provision of vocational training for the tourism industry. Through the wider implementation of the Skills Development Programme Phase II 2024-2028, they aim to bring the quality of services in line with national and ASEAN standards, ensuring that the ...

The Ministry of Tourism has instructed all tour guides and interpreters to continue strengthening professional practices to improve the quality of reliable and friendly services for tourists. ...

A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...

Cambodia netted over $1.2 billion from exporting footwear, gaiters and related articles in the first 11 months of 2023, marking a nearly 23% decrease year-on-year. However, the last few months of 2023 showed signs of gradual improvement, as reported by the General Department of Customs ...

The 18-month project will add capacity for 3.5 million units of semi-steel radial passenger car tires and 750,000 all-steel truck bus tires per year at the plant, inaugurated in April last year. ...

The Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank), loan terms for tourism vendors in Siem Reap Province will be loosened from the beginning of 2024 to encourage more uptake of funds exclusively by Siem Reap-based entities to bolster the sector’s return to ...

India is now Vietnam’s fastest growing tourism market with the number of visitors last year from that country increasing by 231% from 2019, the year before Covid broke out. ...