News

Despite a challenging global trade landscape, the global effects of inflation, realignment of tariffs, and geopolitical tensions, Cambodia’s march towards inclusive, sustainable and resilient growth goes on. With strong fundamentals, collaborative public policies and recalibrated strategic diplomacy, the Kingdom seems to continue pursuing healthy economic growth ...

Cambodia’s public finance system is progressing in the right direction, said Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance (MEF), terming it as realistic, achievable, and aligned with international standards to ensure efficiency, effectiveness, transparency, and accountability in the Cambodian context. ...

Cambodia’s graduation from a Least Developed Country (LDC) could slow GDP growth by up to 1.5 percent with a potential loss of 165,000 jobs, cautioned Alissar Chaker, Resident Representative, United Nations Development Programme (UNDP) Cambodia. ...

Not only will a slowdown in US economic activity weigh on Cambodia’s growth but also Cambodia remains susceptible to the potential imposition of reciprocal tariffs by US President Donald Trump, a country risk analysis published by BMI, a Fitch Solutions Company, on Friday, said. ...

Cambodia’s manufacturing sector experienced a robust growth in 2024 with the number of manufactures reaching a new high of 2,316 as of November last year, a report from the Ministry of Industry, Science, Technology, and Innovation showed. ...

Cambodia’s economy is projected to grow by 6.3 percent in 2025, which will raise the country’s gross domestic product (GDP) to $51.39 billion, a senior official stated on Monday. ...

As Cambodia ushers in 2025, its economic outlook reflects a mix of steady progress and high aspirations. As outlined in its medium-term public finance framework, the government forecasts an economic growth rate of approximately 6.3% for 2025. ...

‘Cambodia Economic Update December 2024’, the World Bank report released recently records several business barriers that continue to inhibit the labour productivity of Cambodian-based businesses, reducing the ability of some enterprises to successfully expand operations in the country. ...

Various United Nations (UN) agencies recently commended the Royal Government of Cambodia (RGC) for its progress in socio-economic development and pledged to enhance cooperation in priority sectors to help the country achieve sustainable goals benefitting the citizens. ...

The office of the council of ministers said Cambodia’s GDP per capita in 2025 is expected to rise to $2,924—a rise of over 40 percent over the projected 2024 figures. ...

Prime Minister Hun Manet Monday pointed out five recommendations to promote economic and trade development to transform Cambodia into a middle-income country by 2030 and a high-income country by 2050. ...

Cambodia’s economy is projected to grow by 5.6 % this year, up from 5% compared to last year, boosted by a rise in garment exports and ongoing tourism recovery, said an ASEAN+3 Macroeconomic Research Office (AMRO) press release on Thursday. ...

Cambodia’s economy is projected to grow by 5.6 percent in 2024 and 5.9 percent in 2025. The recovery momentum is driven by a rebound in the garment sector and sustained growth in the non-garment manufacturing sector. ...

Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5% this year, according to a World Bank (WB) report. ...

Cambodia’s economy is forecast to grow at 5.5 percent in 2023 and 6 percent in 2024, due to a stronger tourist rebound and faster growth in the services sector, according to a report by Asian Development Bank (ADB). ...

Cambodian economy will grow at 5.1 percent this year and 6.2 percent in 2023, according to the Ministry of Economy and Finance. ...