Economy and commerce

Challenges, progress in exporting Cambodia's fishery products to the EU

Cambodia’s fisheries sector, a source of income and employment for approximately 33,000 individuals – predominantly women – faces substantial challenges in exporting its products to the EU. ...

Hong Raksmey
https://www.phnompenhpost.com/business/challenges-progress-in-exporting-cambodia-s-fishery-products-to-the-eu

More Cambodian borrowers of MFIs are buying land than selling

The financial standing of Cambodian borrowers has seen improvement over the years in many cases, as per data with the Cambodian Microfinance Association (CMA). ...

Rachel David
https://www.khmertimeskh.com/501523109/more-cambodian-borrowers-of-mfis-are-buying-land-than-selling/

Cambodia, Thailand strengthen bilateral ties in key sectors

In a significant step towards enhancing bilateral relations, Cambodia and Thailand have committed to deepening their cooperation across various fields, emphasising practical results and a strategic partnership that prioritises the interests of their people. ...

Hang Punreay
https://www.khmertimeskh.com/501522645/cambodia-thailand-strengthen-bilateral-ties-in-key-sectors/

Cambodia-China trade sees robust growth in the first half of 2024

Cambodia and China have witnessed a substantial increase in bilateral trade during the first half of 2024, according to an official report released on Wednesday by the General Department of Customs and Excise.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501522267/cambodia-china-trade-sees-robust-growth-in-the-first-half-of-2024/

Even stronger ties: Cambodia and Vietnam pledge to enhance cooperation for mutual benefit

Vietnam’s President and the Cambodian Government have reaffirmed their commitment to strengthening bilateral relations and cooperation, driven by a shared cultural heritage and principles of good neighbourliness. Both sides aim to expand and deepen their partnership for the betterment of their peoples and nations. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501522664/even-stronger-ties-cambodia-and-vietnam-pledge-to-enhance-cooperation-for-mutual-benefit/

GFT exports rise 17 percent in first half of 2024

Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...

Manoj Mathew
https://www.khmertimeskh.com/501521386/gft-exports-rise-17-percent-in-first-half-of-2024/

Cambodia exports 50 percent more raw cashew nuts in first semester

Cambodia exported more than 545,000 tonnes of raw cashew nut in the first semester of 2024, an increase of 50 percent compared to the same period in 2023, said a report of the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Wednesday. ...

Mom Kunthea
https://www.khmertimeskh.com/501521384/cambodia-exports-50-percent-more-raw-cashew-nuts-in-first-semester/

Vietnamese President to make second overseas trip to Cambodia

The Vietnamese President will make an official visit to Cambodia this week – his second overseas trip since being elected in June – with analysts predicting cyber crimes, the Funan Techo Canal and the border will be on the table. ...

Mao Sreypich
https://kiripost.com/stories/vietnamese-president-to-make-second-overseas-trip-to-cambodia

Rice exports surge in first half of 2024

Cambodia exported 338,654 tonnes of milled rice in the first six months of 2024, a year-on-year increase of 2.7 percent, the Cambodia Rice Federation (CRF) said on Tuesday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501520193/rice-exports-surge-in-first-half-of-2024/

MEF bullish on medium-term growth amid diversification

The Cambodian economy is demonstrating signs of a recovery in terms of gross domestic product (GDP) growth in 2024 and the following periods, according to new statistics released by the Ministry of Economy and Finance’s (MEF) General Department of Policy which have predicted the country’s ...

​Jam​e​s ​White​head​
https://www.khmertimeskh.com/501520198/mef-bullish-on-medium-term-growth-amid-diversification/

Kingdom emerges biggest supplier of raw cashew nuts to Vietnam

Cambodia has knocked off Ivory Coast to become Vietnam’s biggest supplier of raw cashew nuts. Earlier it was the African nation that held the position. The General Department of Customs of Vietnam made the announcement on Saturday.   ...

​Jig​me​ ​Pal​d​e​n​P​a​z​o
https://www.khmertimeskh.com/501519482/kingdom-emerges-biggest-supplier-of-raw-cashew-nuts-to-vietnam/

Cambodia and France exchange two MoUs on trade and education

Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...

Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/

Kingdom sees surge in investment in first half 2024

The Council for the Development of Cambodia (CDC) approved $3.2 billion in fixed-asset investment for 190 projects during the first six months of 2024, nearly double (up 194 percent) the investment from the $1.1 billion recorded for the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501518989/kingdom-sees-surge-in-investment-in-first-half-2024/

Japanese foreign minister's visit aims to boost bilateral Ties

Japan’s Minister of Foreign Affairs is gearing up for an official visit to Cambodia from July 5 to 6 to strengthen economic and sociopolitical cooperation between the two nations, with analysts predicting closed door discussions will take place on human rights and democracy. ...

Mao Sreypich
https://kiripost.com/stories/japanese-foreign-ministers-visit-aims-to-boost-bilateral-ties

190 projects totalling $3.2 billion approved in six months

Cambodia has approved 190 investment projects totalling more than $3.2 billion and providing more than 68,500 jobs, with the bulk of foreign investment coming from China. ...

Mao Sreypich
https://kiripost.com/stories/190-projects-totalling-32-billion-approved-in-six-months

CDC approves 190 new projects worth $3.2 billion investment in H1

From January to June 2024, the Council for the Development of Cambodia (CDC) approved 190 new projects, production expansion projects, and special economic zone investment projects with a total investment of $3.2 billion and can create 168,572 jobs. ​ ...

Khmer Times Staff
https://www.khmertimeskh.com/501518342/cdc-approves-190-new-projects-worth-3-2-billion-investment-in-h1/

MoC initiates pilot project for nationwide wholesale markets

The Ministry of Commerce (MoC) is taking steps towards establishing a network of wholesale markets across Cambodia to improve market efficiency, reduce post-harvest losses and stabilize prices. ...

Chea Vanyuth
https://www.khmertimeskh.com/501517912/moc-initiates-pilot-project-for-nationwide-wholesale-markets/

Cambodia posts 57% rise in agricultural exports

Cambodia exported more than 6.13 million tonnes of agricultural products in the first half of 2024, an increase of 57 percent compared to the same period in 2023, earning more than $2.8 billion, according to a report of the General Directorate of Agriculture posted by ...

Mom Kunthea
https://www.khmertimeskh.com/501517943/cambodia-posts-57-rise-in-agricultural-exports/

Cambodia posts 57% rise in agricultural exports

Cambodia exported more than 6.13 million tonnes of agricultural products in the first half of 2024, an increase of 57 percent compared to the same period in 2023, earning more than $2.8 billion, according to a report of the General Directorate of Agriculture posted by ...

Mom Kunthear
https://www.khmertimeskh.com/501517943/cambodia-posts-57-rise-in-agricultural-exports/

MEF reviews policies to boost economic productivity

The Ministry of Economy and Finance (MEF) recently organised several meetings and discussions with the public and private institutions to ensure the effective and productive uses of the national budget in line with the economic policies master plan. ...

Nhean Chamrong
https://www.khmertimeskh.com/501517937/mef-reviews-policies-to-boost-economic-productivity/

Support sought to increase investments from Malaysia

Khuon Sudary, President of the National Assembly on Monday requested the Malaysian ambassador to Cambodia to help boost bilateral cooperation between the two parliaments and boost investment, trade and human resource training. ...

Mom Kunthear
https://www.khmertimeskh.com/501516302/support-sought-to-increase-investments-from-malaysia/

Cambodia to broaden cooperation with Malaysia and Germany

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, held here at the Peace Palace yesterday separate talks with Shaharuddin Onn, Ambassador of Malaysia, and Stefan Messerer, Ambassador of Germany to Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501516458/cambodia-to-broaden-cooperation-with-malaysia-and-germany/

ERIA to boost cooperation with Cambodia

The Economic Research Institute for ASEAN and East Asia (ERIA) has pledged to continue strengthening and expanding its cooperation with the Royal Government of Cambodia (RGC).   ...

Soth Koemsoeun
https://www.khmertimeskh.com/501516460/eria-to-boost-cooperation-with-cambodia/

Cambodia, Japan committed to enhance investment cooperation

The Ministry of Foreign Affairs and International Cooperation (MFAIC) and the Ministry of Foreign Affairs of Japan (MOFA) Friday agreed to reinforce the Comprehensive Strategic Partnership (CSP) to enhance cooperation and attract more Japanese businessmen to invest in Cambodia. ...

Nhean Chamrong
https://www.khmertimeskh.com/501515570/cambodia-japan-committed-to-enhance-investment-cooperation/

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