Economy and commerce

Cambodian PM receives CEOs of two companies in Davos

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424482/cambodian-pm-receives-ceos-of-two-companies-in-davos/

Bühler Group of the Swiss Confederation promises to bring Leading Modern Technology into Agricultural Development in Cambodia

Director of Quality Management and Grain Supply of Bühler Groupis interested in expanding the company’s investment by bringing modern technology to develop agriculture in Cambodia, from the process of cultivation and harvesting to processing for exporting abroad. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425186/buhler-group-of-the-swiss-confederation-promises-to-bring-leading-modern-technology-into-agricultural-development-in-cambodia/

French investors keen to learn investment potential in Cambodia

A business forum is scheduled to be held this week in Paris, France, giving floor to businessmen and investors to understand potential investment opportunities in Cambodia, according to the Embassy of France in Phnom Penh. ...

Chea Vanyuth
https://www.khmertimeskh.com/501423451/french-investors-keen-to-learn-investment-potential-in-cambodia/

Cambodian Prime Minister Welcomes ACCOR Group’s Continued Investment

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423738/cambodian-prime-minister-welcomes-accor-groups-continued-investment/

Cambodia exports bicycles worth nearly $417 mln last year

Cambodia exported bicycles worth $416.7 million in 2023, a decrease of 53.6 percent from $899.7 million in a year earlier, said a General Department of Customs and Excise’s report on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501424449/cambodia-exports-bicycles-worth-nearly-417-mln-last-year/

Cambodia, France trade volume reaches $515M

Bilateral trade volume between the Kingdom and France reached $515.21 million last year, making Europe’s trade volume stand at $4.6 billion in 2023, said Prime Minister Hun Manet. ...

Nheng Chamrong
https://www.khmertimeskh.com/501424116/cambodia-france-trade-volume-reaches-515m/

Vietnamese firms in Cambodia foster connections and enhance trade

Representatives from about 50 Vietnamese enterprises and Khmer businesses of Vietnamese-origin gathered in Phnom Penh on January 16 to share their experience in operating and investing in Cambodia and foster their connections. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425155/vietnamese-firms-in-cambodia-foster-connections-and-enhance-trade/

Temasek Holdings Company in Singapore aims to expand its business in Cambodia

The chairman of Temasek Holdings Company, Lim, said to Cambodian Prime Minister Dr. Hun Manet that his company aims to expand its business further in the ASEAN region, of which Cambodia is also a priority. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425185/temasek-holdings-company-in-singapore-aims-to-expand-its-business-in-cambodia/

Cambodia exports rubber worth $490.6 million in 2023

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425159/cambodia-exports-rubber-worth-490-6-million-in-2023/

Kingdom exports first shipment of milled rice to UAE

Kingdom has exported milled rice to the United Arab Emirates (UAE), the first batch of 60,000 tonnes, grabbing a new market for Cambodia’s rice. ...

Chea Vanyuth
https://www.khmertimeskh.com/501422987/kingdom-exports-first-shipment-of-milled-rice-to-uae/

MFI outstanding loans stood at $5.13 billion in 2023 Q3

Total outstanding loans in the microfinance sector stood at $5.13 billion during the end of the third quarter of the last year, according to the latest data published by the Cambodia Microfinance Association (CMA). ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501422993/mfi-outstanding-loans-stood-at-5-13-billion-in-2023-q3/

Cambodian government praised by French company VINCI for creating ideal business conditions

In a meeting between the President of VINCI Airports, Nicolas Notebaert, and Prime Minister Dr. Hun Manet, VINCI expressed its gratitude for the Cambodian government’s efforts in maintaining peace, stability, and security. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423737/cambodian-government-praised-by-french-company-vinci-for-creating-ideal-business-conditions/

China and Cambodia sign ‘$1billion rubber & tire projects’ agreement

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. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423710/china-and-cambodia-sign-1billion-rubber-tire-projects-agreement/

Rising exports, global renown fuel rice sector

After experiencing positive growth in 2023, the Cambodian rice export market is expected to continue its upward trajectory in 2024. However, factors such as weather conditions and shipping costs may cause some disruptions. ...

Hin Pisei
https://www.phnompenhpost.com/business/rising-exports-global-renown-fuel-rice-sector

Cambodia imports oil products worth $2.17 bln in 2023

Cambodia’s imports of diesel fuel and petroleum oil declined by 7.6 percent in 2023, according to a report from the General Department of Customs and Excise on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501423161/cambodia-imports-oil-products-worth-2-17-bln-in-2023/

South Korean investors eye automotive expansion

South Korean investors have shown a strong interest in expanding their investment in the automotive sector, according to the Council for the Development of Cambodia (CDC). ...

Van Socheata
https://www.phnompenhpost.com/business/south-korean-investors-eye-automotive-expansion

South Korean investors eye automotive expansion

South Korean investors have shown a strong interest in expanding their investment in the automotive sector, according to the Council for the Development of Cambodia (CDC). ...

Van Socheata
https://www.phnompenhpost.com/business/south-korean-investors-eye-automotive-expansion

Cambodia-China trade continues to grow despite global demand slowdown

Cambodia-China trade continued to rise in 2023 despite a slowdown in global demand, thanks to the Regional Comprehensive Economic Partnership (RCEP) agreement and the Cambodia-China Free Trade Agreement (CCFTA), a commerce official and experts said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501422036/cambodia-china-trade-continues-to-grow-despite-global-demand-slowdown/

USAID helps improve Cambodian cashew value chain

The U.S. Agency for International Development (USAID) is partnering with the Cambodia Cashew Federation to improve Cambodian cashew value chain through the Cashew Export Development Programme. ...

Khmer Times Staff
https://www.khmertimeskh.com/501420730/usaid-helps-improve-cambodian-cashew-value-chain/

Cambodia exports over 100 tonnes of Kampot pepper

Cambodia exported 103 tonnes of the renowned Kampot pepper, registered as a Geographical Indication in the European Union, last year, recording a decrease of 11 percent compared to 2022, a report of the Kampot Pepper Promotion Association showed yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501420426/cambodia-exports-over-100-tonnes-of-kampot-pepper/

Cambodia’s trade declines 1.9% to $46.82 billion in 2023

Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...

Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/

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