Economy and commerce

Cambodian deputy prime minister Sun Chanthol recently announced a comprehensive $50-billion master plan for the country’s transport and logistics sectors comprising 174 projects. ...

An EU-ASEAN Business Council delegation landed in Cambodia to look into long-term investments in the country. In the first installment of two, Kiripost sits down with executive director, Chris Murphy, to see what progress was made. ...

The US embassy in Phnom Penh has said that Washington is seeking a trading relationship with Cambodia that is mutually beneficial, transparent, balanced, and in adherence to the highest standards, including labor rights. ...

The European Union plans to launch two initiatives aimed at promoting the green transition and fostering sustainable trade in Cambodia, according to new EU Ambassador to Cambodia, Igor Driesmans. ...

Trade between Cambodia and Canada for the first nine months of 2023 reached approximately $700 million, marking a decrease of over 22% from the corresponding period last year, according to the latest figures from the General Department of Customs and Excise’s (GDCE) International Commodity Trade ...

Cambodia’s exports to the Regional Comprehensive Economic Partnership (RCEP) countries continued to increase, indicating the emergence of a growing market for the country’s products. ...

The Vietnam-Cambodia Defence Economic Production Exhibition 2023 (VIDEX 2023) opened at the KohPich Exhibition and Convention Centre Phnom Penh, Cambodia on October 25. ...

A total of 870 companies exhibited 2,590 products at the event. As an important platform for the export of agricultural products, the fair improves awareness of Shanxi fruit, increases the province’s influence, and brings opportunities overseas, organizers said. ...

Securities and Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX) signed an agreement yesterday introducing the API (Application programming interface) linkage for registering investor ID online and opening trading accounts online. ...

The Chinese government has given the green light to attract investors to Preah Sihanouk province, prompting hopes that fresh life will be breathed into many of Sihanoukville’s abandoned buildings. ...

Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, on October 25, received a courtesy call from Ping M. Kitnikone on the occasion of her appointment as the new Ambassador Extraordinary and Plenipotentiary of Canada to the Kingdom of Cambodia ...

The Regional Comprehensive Economic Partnership (RCEP) is offering the Kingdom an ideal platform for economic structural transformation, a study carried out by a leading economic research institute has found. ...

 Year 2023 witnessed the spectacular emergence of Cambodia’s Sihanoukville Special Economic Zone (SSEZ) as a force to reckon with, as its enterprises hit 7.13 percent of the Kingdom’s total trade turnover, up from a mere 0.88 percent in 2013. In just nine months of the ...

Cambodia’s Prime Minister Hun Manet expressed his hope that Cambodia-Japan cooperation will increase in all fields, especially in tourism, investment and people-to-people exchange. ...

China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia’s economic growth, creating more new opportunities for development in Cambodia, said Sun Chanthol, Deputy Prime Minister of Cambodia. ...

The Royal Government of Cambodia (RGC) has been promoting the participation of the private sector, as its good partner, in the country development. ...

The Cambodia Securities Exchange (CSX) is experiencing a surge in interest for green bond listings, with firms from the education sector and telecoms giant CamGSM at the forefront. ...

Kwak Nga was still reeling from her husband’s suicide when his microfinance creditors showed up at her home to remind her that they still expected the approximate $170 (£140) monthly interest payments the couple had struggled to make. ...

EuroCham Cambodia is urging the garment sector to prioritize corporate social responsibility (CSR) in the global market, claiming that while the majority of factories acknowledge its importance, they face challenges, such as a shortage of skilled workers and managers and the need for substantial investments. ...

Cambodian fishery products could be exported to the European Union (EU) by 2024 as collaborations aim to implement a control system that meets international market requirements. ...

Prime Minister Hun Manet has called for free and open trade, the stimulation of investment and the creation of a conducive environment to promote business between ASEAN and the Gulf states, as the two regions seek to strengthen ties at their historic first-ever ASEAN-Gulf Cooperation ...

Yang Saing Koma, a secretary of state for the Ministry of Agriculture, Forestry and Fisheries, highlighted the significance of red corn as a vital agricultural product. ...

Vietnamese Ambassador to Cambodia Nguyen Huy Tang on October 23 met with Second Vice President of the Cambodian National Assembly (NA) Vong Sauth. ...

Prime Minister Pham Minh Chinh and his Cambodian counterpart Dr Hun Manet have agreed to foster cooperation and connect the two economies, helping each other develop an independent and self-resilient economy with deep international integration. ...