Pornmoniroth stresses economic growth, living standards

To enhance competitiveness, economic growth and Cambodian living standards, Minister of Economy and Finance (MEF) Aun Pornmoniroth shared inputs and issued directions to promote public work and the transportation sector at the result summary and work direction conference of the Ministry of Public Work and ...

Hong Sovannary

Cambodia’s economy slated to grow 6% in 2023

Cambodia’s economy is predicted to grow by roughly six percent in 2023 despite global challenges, according to the National Bank of Cambodia (NBC). ...

Mao Sreypich

Cambodia’s economy grew 5.5% in 2022, says PM

Prime Minister Hun Sen yesterday announced that Cambodia’s Gross Domestic Product (GDP) grew by 5.5 percent in 2022, while the tax revenue collected from both customs and taxation grew by 2 percent higher than expected. ...

Kang Sothear

One year on, RCEP, CCFTA give momentum to Cambodia’s trade growth in post-pandemic era

One year on, the Regional Comprehensive Economic Partnership (RCEP) trade deal and the Cambodia-China Free Trade Agreement (CCFTA) have injected a vital impetus to Cambodia’s trade growth in the post COVID-19 pandemic era, an official and experts said. ...

Khmer Times Staff

Kingdom’s economy to grow 5.4% in 2023

The Cambodian economy, which is projected to register a growth of 5 percent this year, is set to grow by 5.5 percent in 2023, according to the 2022 Annual Consultation Report on Cambodia published by the ASEAN+3 Macroeconomic Research Office (AMRO) yesterday. ...

Khmer Times Staff

Cambodia says Chinese vaccines helped to bring COVID-19 pandemic under control

Cambodian officials and scholars on Wednesday extended their gratitude to China for its supply of COVID-19 vaccines to the kingdom from the early days of the pandemic, saying that the jabs have protected lives and reinvigorated economic growth. ...

Khmer Times Staff

World Bank says Cambodia’s economy on recovery path, forecast 4.8 percent GDP growth for this year

Cambodia’s economy is recovering well after COVID-19, but global headwinds could pose risks to a positive outlook in months to come, the World Bank said in a report released yesterday. ...

Khmer Times Staff

Cambodia’s economy expected to trend back to potential six percent growth

The World Bank in its Economic Update released Wednesday said the tourism and hospitality industries are likely to accelerate further, with projected increases in international arrivals and domestic tourists once the pandemic is becomes history. ...

Khmer Times Staff

Chinese modernization delivers economic growth for the world, says Cambodian Think Tank director

“China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world,” said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International ...

Khmer Times Staff

GDP growth to shrink to 4.9% as poverty rate inches up

Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...

Kiripost staff writers

Cabinet predicts economic growth for 2023

Cambodian economic growth for 2023 is expected to be 6.6 per cent higher than the of the current gross domestic product of 32,291 million. GDP per capita is predicted to rise to $1,924, from the current figure of $1,785, according to the outcome of an ...

Post Staff

Skills for future economy project to be okayed by 2023: ADB

ADB will support the Skills for Future Economy Sector Development Program in Cambodia, said a top official of the bank. The bank is the leading development partner in the technical and vocational education and training (TVET) sector. ...

Sok Sithika

COVID-19 vaccines boost Cambodia’s economic growth: PM

Covid-19 vaccines have helped boost Cambodia’s economic recovery and growth since last November, the country’s Prime Minister Hun Sen said on Thursday. ...

Khmer Times Staff

Cambodia’s economic recovery takes a knock with prevailing oil price shock

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

Khmer Times Staff

Cambodia’s industry is expected to grow by 9.2 percent in 2023

The Cambodian industry is expected to grow by 9.2 per cent in 2023 with support from improved external demand that help boost garment and non-garment manufacturing, while the garment sector is expected to grow by 8.1 per cent in that year due to demand in ...

Khmer Times Staff

Cambodia’s GDP to grow at 5% in 2022, but inflation threat looms large

Cambodia’s economy is expected to grow at around five percent this year as against three percent last year, but the inflationary pressures being witnessed across the world can cut into the purchasing power of the country’s households as well, said the Financial Stability Report 2021, ...

Manoj Mathew

COVID-19 crisis pushes Cambodia’s economy to negative growth for the first time, says Ministry

As the global economy continues to reel from the compounded crises of Covid-19 and Ukraine-Russia, Cambodia has not been able to go through them unaffected. The Covid-19 crisis has pushed Cambodia’s economy to negative growth for the first time in 2020 due to a sharp ...

Khmer Times Staff

Economic growth projected at 4.8 percent in 2022

Cambodia’s economic growth is projected to see robust growth next year because of economic recovery resulting from the government’s Covid-19 vaccination programmme. ...

Chea Vanyuth

Investment in construction crumbles under pandemic

The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row. ...

Hin Pisei

Kingdom set to diversify economy as Covid bites

Cambodia is moving towards developing non-textile industries with a policy calling for sustainable growth and economic diversification. To ensure progress, the government will continue implementation of the Cambodia Industrial Development Policy 2015-2025, said a press release on the results of a Cabinet meeting chaired by Prime ...

Thou Vireak

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