Economy and commerce

A delegation of Japan-based FORVAL Corporation is eying more trade and business potential in Cambodia. ...

Cambodia’s exports to the member countries of the Regional Comprehensive Economic Partnership (RCEP) totaled $1.956 billion in the first three months of this year, up 11 percent over the same period last year, according to data from the Ministry of Commerce. ...

Cambodia and the Republic of Korea have discussed trade potential between both countries, mainly the import of Cambodian mangoes. ...

The significance of investment governance for inclusive, sustainable development is often overlooked, including by stakeholders who work on natural resource governance and social and environmental issues. And yet, investment governance plays a major part in shaping the outcomes of their efforts. ...

Cambodia approved 52 fixed asset investment projects worth $2.46 billion in the first four months of 2022, according to a report by the Council for the Development of Cambodia (CDC) on Tuesday. ...

The Regional Comprehensive Economic Partnership (RCEP) trade agreement has boosted Cambodia’s economy in a big way, with export to member countries of the pact hitting $1.95 billion in the first quarter (Q1) this year —up by 11 per cent from $1.75 billion over the same ...

China’s foreign direct investment was on the rise in Cambodia last year despite Covid-19, showing positive confidence of investors in Cambodia as the country fully resumed its socio-economic activities, particularly the bilateral trade pact. ...

Cambodia’s economic growth is expected to end with a healthy growth rate by 2022, but below the growth projected early this year. The lowering of growth estimates is due to the Russia-Ukraine conflict and the uncertainty in China’s economic growth. ...

Despite the adverse effects of Covid-19 and the Russia-Ukraine war, Cambodia’s agricultural exports rose 5.60 percent to 4 million tonnes in the first four months of this year compared to the same period last year. ...

Cambodia’s famed Angkor Archaeological Park attracted 33,205 foreign visitors in the first four months of this year, up by 633 percent year-on-year, the state-owned Angkor Enterprise said on Monday. ...

The Council for the Development of Cambodia (CDC) on April 29 announced that it had greenlit final registration certificates for three projects in textile-linked sectors with total capital investment of nearly $19 million that are expected to create 2,005 jobs. ...

A Preah Sihanouk provincial deputy governor on April 28 met with a policy adviser at Australia’s flagship infrastructure programme in Cambodia for talks on plans to transform the province into a model multi-purpose special economic zone (SEZ) by 2030, and other smart-city development initiatives. ...

Japan has expressed interest in investing on construction of a cosmetic plant in Preah Sihanouk province. ...

The Council for the Development of Cambodia (CDC) said that it has issued investment project registration certificates to three companies worth almost $20 million. ...

Cambodia expressed its keenness to further strengthen cooperation in all fields with Italy and other European Union nations by promoting more investments in Cambodia. ...

The Minister of Commerce has sought more Japanese investments in the Kingdom as Cambodia and Japan are keen to work on negotiations to possibly establish a bilateral free trade agreement. ...

The government has decided to extend the stamp duty tax exemption till the end of this year in a bid to help ease the burden on the private sector and people in the Covid-19 context. ...

Fishing communities in Kampot and Kep provinces are under threat as a coastal tourism project linked to the wife of a government minister is reportedly moving forward, the Cambodian Center for Human Rights said. ...

Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report.   ...

Lieutenant General John Sanderson – a retired senior Australian Army officer and former Force Commander of the UN Transitional Authority in Cambodia (UNTAC) – praised the rapid development of Cambodia and its “huge successes” while also expressing his appreciation for the Kingdom’s contributions to global ...

Deputy Prime Minister Prak Sokhon, Minister of Foreign Affairs and International Cooperation, received a Malaysian business delegation, comprising 50 SME sectoral players to visit and participate in a business forum in Cambodia. ...

Following the celebration and influx of tourists during the Khmer New Year, Cambodia has recorded an increase in weekly tourists last weekend, as the country moves toward the recovery of its tourism sector. ...

Cambodia’s Deputy Prime Minister and Foreign Minister, Prak Sokhon has urged  Italy to reconsider raising tariffs on rice imports. ...

The volume of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) clocked in at $710 million in the first three months of 2022, marking a 50.74 per cent rise year-on-year from $471 million, the operator said in a statement on April 23. ...