PM pushes for agricultural diversification

Prime Minister Hun Manet yesterday called for efforts to promote agricultural products, especially through diversification, for the betterment of farmers’ livelihoods. ...

Chea Vanyuth

ADB commits $1.26 bln to support Cambodia’s development for 5 years

The Asian Development Bank (ADB) announced in a news release on Wednesday that it has committed approximately $1.26 billion to support the Cambodian government from 2024 to 2028. ...

Khmer Times Staff

Cambodia diversifying into non-garment industry

Cambodia has been diversifying into the industrial sector from garment manufacturing to non-garment manufacturing, using skilled labour and technology in the production chains. ...

Chea Vanyuth

PM Hun Manet reaffirms Cambodia’s growth for this year is at 5.6 percent

Cambodia maintained its economic growth prediction at 5.6 percent in 2023 and raised it to 6.6 percent in 2024, the country’s Prime Minister Hun Manet said here on Thursday. ...

Khmer Times Staff

Cambodia’s diversification from garment to non-garment rolling

Non-garment manufacturing has played an important role in the economy because its share in the country’s total exports has increased remarkably, showing industry diversification. ...

Chea Vanyuth

Gov’t releases economic diversification report

The Council of Ministers released a summary report yesterday on key multi-sector achievements during the last five years from 2017 to 2021, which includes economic diversification of the country to showcase the Cambodian government’s continuous efforts to overcome obstacles and challenges, in particular, the Covid-19 ...

Kang Sothear

Cambodia ‘keen on as many trade deals’ as possible

Prime Minister Hun Sen says he wants the nation to have many trade agreements with different partners to diversify its economic partners and attract more foreign direct investment. ...

Chhut Bunthoeun

Kingdom’s development discussed

The National Bank of Cambodia (NBC) and the International Monetary Fund on Thursday held a conference to discuss the next steps in Cambodia’s economic development. ...

Hor Kimsay

Cambodia very lucrative for investors

Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...

Export diversity induces growth

In order for Cambodia to maintain the same rate of growth it has enjoyed in the past few years, exports need to diversify from textiles and tourism to modern services, said the World Bank’s country manager yesterday in Phnom Penh. “Cambodian firms are already tentatively exporting ...

Signs point to more diverse investment projects in Cambodia

The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...

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