Economy and commerce

Cambodia continues to attract large investments, with the latest being four CDC-approved investments worth more than $100 million. ...

Cambodia exported 168,280 tons of milled rice to China in the first half of 2022, up 17.4 percent over the same period last year, said an official report on Monday. ...

Public-listed stated-owned enterprise Phnom Penh Autonomous Port (PPAP) recorded a 29 percent increase in unaudited revenue to $19.76 million in January-June period this year. ...

Throughout the first half of 2022, fishermen across Kampot province harvested approximately more than 12,000 tonnes of freshwater and saltwater fish and crustaceans. ...

Prime Minister Hun Sen urged Bangladeshi investors to invest in the rice sector in Cambodia by building rice mills and buying rice from Cambodian farmers to export to Bangladesh. ...

Cambodia exported 135,137 tonnes of rubber in the first half of 2022, a 3 percent increase compared to the same period last year, earning $215 million as revenue, up 2.9 percent. ...

Each year, more than 1,000 tonnes of counterfeit products are discovered and seized by officials of the General Department of Consumer Protection, Competition and Fraud Repression (CCF). The counterfeit products are usually consumer goods, including food and beverage products that can affect the health of ...

Aing Bunath acknowledges that local residents were getting a little greedy during Sihanoukville’s online gambling boom in recent years. ...

The Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have given a boost to the fledgling e-commerce industry in Cambodia, experts said on Monday . ...

The Covid-19 pandemic has had an unprecedented impact on Cambodia’s tourism sector however, it was handled well with the proactive efforts of the government and the timely introduction of socio-economic development policies, a top tourism official has said.​ ...

Cambodia saw high growth in exports in the January-June period this year, driven by the resumption of socio-economic activities, trade preferences in the Regional Cooperation Economic Partnership and the bilateral free trade agreement with China. ...

Cambodia’s total trade volume was valued at $27.2 billion in the first half of 2022, up 20 percent from 22.6 billion dollars over the same period last year, according to an official report released on Tuesday. ...

The sharp rise in digital payments is a driving force for the development of e-commerce in Cambodia, Jack Lee, chief executive officer and founder of online market Smile Shop in Cambodia, said on Monday. ...

The Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have given a boost to development of the fledgling e-commerce industry in Cambodia, experts said on Monday. ...

The Cambodia Chamber of Commerce (CCC) on July 8 advised owners of local small- and medium-sized enterprises (SME) to understand and follow the legal procedures for export to streamline the process and reduce compliance issues. ...

The General Department of Customs and Excise earned $1,293 million in customs income in the first half of this year, representing 50.1 percent of the financial plan for 2022. ...

The number of international tourists to Cambodia soared by 394 percent to 506,762 in the first six months of this year. ...

Minister of Agriculture, Forestry and Fisheries Veng Sakhon said that Ministry has identified 131 communities that could potentially be turned into ecotourism communities. ...

The Ministry of Economy and Finance and the National Bank of Cambodia (NBC) have reached a memorandum of understanding on electronic Know Your Customer (e-KYC) cooperation, aiming to enhance digital verification of customer documents in Cambodia. ...

Cambodia’s market value of e-commerce had increased to $970 million in last year, up 19 percent from 813 million dollars in 2020, according to the Ministry of Commerce’s iTrade Bulletin released recently. ...

The market value of e-commerce in Cambodia surged 19 percent to $970 million in 2021 compared to a year earlier, according to the iTrade Bulletin of the Ministry of Commerce. ...

Chinese State Councillor and Foreign Minister Wang Yi and Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn met on Sunday, and both sides pledged to further enhance relations and cooperation in building the Belt and Road and other fields. ...

Cambodia is now weathering an oil price shock, just as the economy had started to recover amid a rollback of COVID-19-related restrictions. ...

In its Consumer Payment Attitudes 2021 study, Visa highlights a rapidly changing payment landscape in Cambodia, with cash losing ground to digital alternatives, said Visa in a news release issued on June 29. ...