Economy and commerce

Cambodia’s Ministry of Commerce and Vietnam’s Ministry of Industry and Trade talked about boosting trade activities, pledging to push the bilateral trade volume to $10 billion by this year. ...

Cambodia and Laos are moving for harmony between the two countries by enhancing their friendship through cooperation, trade ties and plans for Prime Minister Hun Sen to visit Laos. ...

The China Road and Bridge Corporation (CRBC) has finished a feasibility study for the construction of a waterway and logistic facility along the Bassac River in Phnom Penh. ...

Bilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs. ...

Cambodia is requesting that a new checkpoint be opened to allow transborder transport and travel between Trat province and Thmor Dar in Cambodia’s Pursat province. ...

A high percentage of the Covid-19 vaccinated population, and the new investment law put into force last year have helped increase the number of new investment projects in Cambodia. ...

Following confirmation of Cambodia’s eligibility to depart from the least developed country (LDC) status for the first time ever in 2021, the UN has stated graduation could be recommended “as early as 2027”, so long as the same standards are met when the Committee for ...

Around 300 garment workers from Canteran Apparel gathered on Veng Sreng Street in Chaom Chao commune’s Trapeang Thleung village of Phnom Penh’s Por Sen Chey district on April 19 to protest recent actions by the owner of the business. ...

Cambodia exported more than $3 billion worth of garments, footwear, travel goods and other textile-related products in the first quarter of 2022, an increase of nearly a quarter compared to the same period last year, according to data from the General Department of Customs and ...

Cambodia and China shared a bilateral trade volume of $2.87343 billion in the first quarter of this year, up by 30.14 per cent from the $2.20788 billion recorded in the same period last year, reflecting overall progress in the resumption of economic activity as Covid-19 ...

The Cambodian government identified the automotive and electronics sectors as potential priority sectors for promoting Cambodia’s participation in the global value chain, as well as promoting economic diversification and economic recovery after the Covid-19. ...

The bilateral free trade between Cambodia and South Korea surged 22.8 percent to $234.4 million in the first three months of this year.   ...

The Royal Government of Cambodia identifies the automotive and electronics sectors as potential priority sectors for promoting Cambodia’s participation in the global value chain. ...

The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...

Cambodia counted nearly 4.6 million domestic tourists over this year’s three-day public holiday for the Khmer New Year, including 4.5 million Cambodians and nearly 30,000 foreign residents – a number which officials have said is similar to that seen pre-pandemic.   ...

The General Department of Customs and Excise of Cambodia (ACC) collected 2,428.6 billion Riels, equivalent to $597.6 million or approximately 23.2percent of the plan set by the Financial Law for 2022 management. ...

The total trade volume between Cambodia and its partners reached $13.162 billion in the first quarter of this year, up 9.1 percent compared to the same period last year. ...

Cambodia exported $291 million worth of goods to Japan in the first two months of this year, inching down 1.9 percent compared to the same period last year. ...

Cambodia exported 61,839 tons of dry rubber in the first quarter (Q1) of 2022, a slight increase of 1 percent compared to the same period last year, said a General Directorate of Rubber report on Monday. ...

Cambodia has imported iron and steel worth over $84 million in the first quarter of 2022 – an increase of over three per cent compared to the same period last year, according to the General Department of Customs and Excise (GDCE). ...

The first quarter of 2022 clocked over $13 billion in international trade, nine per cent more than last year, with exports jumping 25.7 per cent year-on-year. ...

Vietnam’s Ministry of Industry and Trade (MoIT) has issued a circular stipulating the import of rice and dried tobacco leaves originating from Cambodia under tariff quotas for 2021 and 2022. ...

The Council for the Development of Cambodia (CDC) has granted investment licences to four private companies. ...

The National Bank of Cambodia (NBC) has finally been delivered the 2019 “Best New Banknote” award received for its 15,000 riel banknote by representatives from the printing company Landqart AG after a long wait due to pandemic-induced border restrictions.   ...