News

Cambodia is optimistic that it will continue to attract more foreign direct investments following the formation of a new government after the July 23 election, a top official said.   ...

Prime Minister Hun Sen urged the Ministry of Justice to expedite the establishment of a commercial court and to operationalise it as soon as this year. This is to ensure the resolution of trade and business disputes and to improve the investment and business climate ...

Prime Minister Hun Sen requested that the Ministry of Justice prepare legal frameworks that will expedite the formation of dedicated commercial and labour courts. ...

Cambodia earned $164.111 million from the export of “furniture, lighting signs, prefabricated buildings” in the first four months of 2023, down 28.82 per cent year-on-year from $230.544 million and down 52.01 per cent half-on-half (compared to July-October 2022) from $341.97 million, according to provisional Customs ...

The Council for the Development of Cambodia (CDC) notices issued in the January-May period reveal that the government agency approved 61 new private investment projects – both inside and outside of special economic zones (SEZ) – totalling $516.64 million and set to deliver an estimated ...

Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 per cent year-on-year from $149.808 million and up 22.7 per cent half-on-half (compared to July-October 2022) from $168.5 million, according to provisional Customs (GDCE) ...

The Cambodia Chamber of Commerce (CCC) has requested that the government study consider offering additional tax exemptions to the agriculture sector, in order to support last year’s 2022-2030 agricultural policy. ...

The merchandise trade volume between Cambodia and Canada reached $192.720 million in the first quarter of 2023, making the world’s ninth largest economy the Kingdom’s 10th biggest trading partner for the three-month period, according to Customs (GDCE). ...

Representatives of the private sector and economists have encouraged regional developers to establish a private sector development council to invest in regional special economic zones (SEZs), as they called for renewed focus on the development of exiting SEZs. ...

Agriculture minister Dith Tina asked Yaron Tamir, the CEO of Israeli agricultural capacity-building company Agrostudies, to examine the possibility of importing Cambodian agricultural products into Israel. ...

Cambodia and Pakistan have agreed to look into setting up a joint committee between the two countries’ apex business associations, to unlock the envisaged potential of two-way trade and investment, and boost import-export flows beyond their historically limited levels, according to a Ministry of Commerce ...

Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to discuss business opportunities in the Kampong Speu. ...

The apex Cambodian business association’s leaders are convinced that their new representative office in the Sendai region will materially accelerate the Kingdom’s trade and economic relations with Japan, largely by tapping into the opportunities created by the Regional Comprehensive Economic Partnership (RCEP). ...

Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021. ...

Cambodia and Switzerland have pledged to further strengthen trade relations and look into establishing a bilateral free trade agreement (FTA), as import-export flows between the two countries passed the $1.4 billion mark in 2022, according to a Ministry of Commerce statement. ...

The Cambodia Chamber of Commerce (CCC) has asked Vietnamese Customs for its full commitment to the Single Stop Inspection and Common Control Area (SSI & CCA) initiative, in the interest of boosting cross-border trade between the two countries. ...

Cambodia exported 169,658 tonnes of fresh and dried mangoes in the first 11 months of 2022, down 30.28 per cent year-on-year, according to the Ministry of Agriculture, Forestry and Fisheries. ...

The Cambodia Chamber of Commerce (CCC) will host the ASEAN Business and Investment Summit 2022 next month in Phnom Penh, where leaders of the bloc, its dialogue partners, and business decision-makers discuss and exchange views on various challenges, including economic recovery, geopolitical tension, the Regional ...

Cambodia and the UK have pledged to further boost trade cooperation after January-August bilateral trade soared more than two-fifths compared to the same period last year. ...

Agricultural exports to China in the 14 quarters to June 30 amounted to 2.4 million tonnes, worth $1.942 billion, said a Chinese embassy report citing Cambodian agriculture ministry data, as the government’s new policies to boost productivity in the field and turn the Kingdom into ...

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. ...

A business delegation, who are members of the Cambodia Chamber of Commerce (CCC), will fly to two cities in the US from May 8 to 15 along with Prime Minister Hun Sen to meet the American businesspeople during the US-Asean Summit in Washington. ...

The government has identified three target provinces in which to develop Agri-Food Industrial Parks, with industry experts urging the elevation of the initiative to special economic zone (SEZ) equivalent status, so as to promote agricultural production in Cambodia. ...

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. ...