Economy and commerce

The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan of up to $10 million to spur post-pandemic recovery for the nation’s micro-, small- and medium-sized enterprises (MSMEs) by increasing access to finance, with at least half earmarked for women. ...

Trucks loaded with Vietnamese durians lined up for customs inspections recently at the China and Vietnam Youyi Pass, a border crossing located in a natural gap between a series of steep cliffs and hills covered in conifers and bamboo on the border of the two ...

Cambodia exported a total of 670,000 tonnes of raw cashew nuts worth $1.07 billion last year to the international market, with 98.5 percent of its raw cashew nuts worth $1 billion being shipped to Vietnam. ...

Japan-Cambodia Association (JCA) is committed to attract more Japanese investors to Cambodia, particularly in human resources development. ...

Cambodia and Kuwait have reiterated their commitments to further enhance bilateral relation and cooperation in areas of trade, economy and oil/gas exploration. ...

The total number of loan accounts reached 1.54 million nationwide in December, rising by 3.45 per cent “from the previous quarter”, according to the latest report from Credit Bureau (Cambodia) Co Ltd (CBC). ...

The Securities and Exchange Regulator of Cambodia (SERC) is set to authorise the establishment of joint venture funds in the first quarter of this year ending March 31, as the underlying regulatory framework nears completion, paving the way for licensed companies to raise money for ...

Officials have suggested that the 14 partner signatories to the Regional Comprehensive Economic Partnership (RCEP) establish a trade secretariat in Phnom Penh. The agreement, which aims to boost economic development, came into force at the beginning of 2022. ...

Cambodia exported $1,939 million worth of products to Japan last year, a year-on-year increase of 10.5 percent, the Japan External Trade Organization (JETRO) report said on Monday. ...

Outbound tourism by Chinese citizens, which had been suspended for nearly three years, has gradually resumed since China optimized its COVID-19 response and entry-exit policies on January 8. ...

The export volume of Cambodia for the past year was valued at $22.44 billion, while import reached $25.46 billion. ...

Cambodia has high hopes of forging a deal with the Philippines to export 1,000 tonnes of rice as a trial, the head of Cambodian Rice Federation (CRF) said on Monday after a visit to explore the market. ...

A forum on human resources in Cambodia has highlighted the need to prioritize developing high-skilled labor to grow the economy. ...

The state-owned Small and Medium Enterprise Bank of Cambodia Plc. (SME Bank) has disbursed more than $200 million in loans to at least 2,500 SMEs to help them expand businesses. ...

The value of Cambodian trade with the nine other ASEAN countries reached $16.053 billion in 2022 – up 1.4 per cent from $15.838 million in 2021 – accounting for a 30.62 per cent share of the Kingdom’s $52.425 billion in total foreign trade for the ...

General Department of Customs and Excise (GDCE) said that they have collected more than $2.69 billion in 2022, an increase of 18.3 per cent over 2021 revenue.​ In a February 3 annual meeting in Kep province, GDCE director general Kun Nhem said that the figure ...

The Ministry of Labour and Vocational Training disbursed its 89th cash payment to 3,223 workers employed by 33 different enterprises in the tourism sector located in Siem Reap, according to the ministry statement. ...

Garment, footwear and travel accessories accounted for more than half of Cambodia’s total exports in 2022, valued at more than $10 billion. ...

Cambodia exported some $1,083 million worth of products to the German market last year, according to the latest report from the General Department of Domestic Trade of the Ministry of Commerce. ...

The government is considering the establishment of more bilateral free trade agreements to access broader markets for Cambodia-made products. ...

Cambodia confirmed its readiness to exit the Least Developed Countries (LDC) status, saying that studies on the impacts of the exit, challenges and the loss of trade preference schemes have been made. ...

The export volume of Cambodia for the past year was valued at $22.44 billion, while import reached $25.46 billion. ...

Cambodia and the Enhanced Integrated Framework (EIF) have been committed to continuing to strengthen cooperation under the EIF’s Aid for Trade to further develop Cambodia’s trade sector. ...

The Royal Government of Cambodia has been pushing for the establishment of more bilateral free trade agreements (FTAs) with main trade partners in order to access wider markets for the Cambodia-made products. ...