Economy and commerce

Cambodia’s tourism SMEs can sign up to free modules delivered by PATA that focus on strengthening finance and digital skills in a post-pandemic world ...

Prime Minister Hun Sen said here on Monday that the Southeast Asian nation is projected to graduate from a least developed country status by 2027. ...

Cambodia’s famed Angkor Archeological Park received 344,757 foreign tourists in the first five months of 2023, up 653 percent from 45,779 in the same period last year, said a press statement on Monday. ...

The Council for the Development of Cambodia (CDC) notices issued in the January-May period reveal that the government agency approved 61 new private investment projects – both inside and outside of special economic zones (SEZ) – totalling $516.64 million and set to deliver an estimated ...

Cambodia and Vietnam signed a trade enhancement agreement to increase economic cooperation between the two countries. ...

Cambodia’s wild aquatic products have been granted formal approval to be exported to China, the Chinese embassy in Cambodia said in a statement on Wednesday. ...

The Association of Banks in Cambodia (ABC) and Expert Leadership Innovation Exchange Organization (ELIX) are joining hands to promote digital literacy and capacity building, in support of the government’s policies on the Fourth Industrial Resolution (Industry 4.0) as well as the “Cambodia Digital Economy and ...

The Council for the Development of Cambodia (CDC) has given green light to three new investment projects with a total capital of $23.2 million. ...

Prime Minister Hun Sen said future leaders of Cambodia and government institutions must allocate a budget for infrastructure projects that would help expedite economic growth. ...

The National Assembly (NA) on Tuesday approved the law on the approval of the Association of Southeast Asian Nations Service Trade (ASEAN Service Trade) Agreement in the ninth session of its sixth legislature to strengthen Cambodia’s economic connectivity in the region, said a release by ...

A meeting between the German Embassy in Cambodia and stakeholders in the microfinance sector has outlined proposals including improving communication with clients, compliance set-ups and grievance redress mechanisms. ...

Svay Rieng provincial governor Men Vibol on May 27 extended an open invitation to potential investors from Quzhou city, Zhejiang province, China to participate in the growth story of Tai Seng Bavet Special Economic Zone, located in the southeastern town of Bavet on the border ...

The Council for the Development of Cambodia (CDC) has given green light to three new investment projects with a total capital of $15.4 million. ...

The Cambodian National Assembly on May 30 ratified the ASEAN Trade in Services Agreement (ATISA) to boost trade and investment in the area of services. ...

Japan remains a key partner in Cambodia’s journey towards becoming a fully-digitalised economy, according to a prominent banker in the country. ...

During a meeting with nearly 20,000 workers and employees in the Royal Group Phnom Penh Special Economic Zone, on May 26, Prime Minister Hun Sen, said that Cambodia currently has 1,326 factories with more than 840,000 labor force across the country. ...

An inter-ministerial consultation workshop on ‘National Strategic Plan for Tourism Development (NSPTD) for 2023-2035’ was held on Wednesday by the Ministry of Tourism, a press release said. ...

Cambodia received 1.29 million international visitors in the first quarter, a remarkable increase of 709 percent from 159,546 over the same period in 2022. ...

The China-proposed Belt and Road Initiative (BRI) is committed to promoting the connectivity and common development of all countries, and China will continue to advance Belt and Road cooperation with Cambodia, delivering more benefits to the two peoples, Chinese Foreign Ministry spokesperson Mao Ning said ...

Cambodia exported products worth $7.23 billion during the January-April period of 2023, a year-on-year decrease of 4.9 percent from 7.6 billion dollars, Prime Minister Hun Sen said on Saturday. ...

Cambodia’s ministry of commerce and the UK’s ministry of business and trade have established a Joint Trade and Investment Forum (JTIF) to strengthen trade and investment ties  ...

The Council for the Development of Cambodia recently finalised a new draft law on special economic zones (SEZs), aiming to attract investment into the country by providing incentives, enhancing transparency, and promoting fair competition. ...

Cambodia has seen a significant rise in mobile payments as more people transition from cash-based to digital transaction options, according to a recent report by the National Bank of Cambodia (NBC). ...

E-payment trends in Cambodia have significantly consolidated in recent years as more and more people transition from cash-based to digital transaction options, the National Bank of Cambodia (NBC) reaffirmed in a recent report. ...