News

Despite the recent improvement, Cambodia’s tourism sector still lags behind several fellow ASEAN countries amid the nation’s race to attract foreign tourists in the post-pandemic era. ...

Real estate insiders have noted that sales of entry-level new homes have begun to pick up, a promising sign in a market that has remained largely stagnant since 2020. ...

The Covid-19 pandemic brought widespread economic disruption across the globe, and Cambodia was no exception. ...

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. ...

World Bank has approved $275 million for Cambodia’s growth. This is the second tranche to boost the country’s economy after the Covid-19 pandemic. The first tranche was in 2022, when the World Bank approved $274 million for Cambodia’s Growth and Resilience Development Policy Financing. ...

The National Social Security Fund (NSSF) of the Ministry of Social Affairs, Veterans, and Youth Rehabilitation has announced that the cash support programme for poor and vulnerable families affected by the COVID-19 pandemic will finish on April 24, 2024. ...

Cambodia’s largest social assistance programme – the Covid-19 cash transfer programme – has played a crucial role in boosting the economy, said the World Bank in its latest report. ...

Following the pandemic, economic growth has been steady, the International Monetary Fund (IMF) said, with expansion projected at six percent in 2024, from an estimated 5.3 percent last year, thanks to tourism and non-garment exports. ...

That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 and a galloping 6.2% in 2021, which reflected the robust recovery ...

An in-depth study into the impact of Covid-19 on tourism-related businesses in Siem Reap has revealed that while solid networks helped strengthen resilience, existing debts and the structure of the labor system hampered it. ...

While Cambodia’s economy and borders have now been open for two years following the Covid-19 pandemic, many small businesses continue to face financial hardships amid a global economic slowdown. ...

The number of international tourists to Cambodia is predicted to surpass the pre-COVID-19 pandemic level in 2025, the country’s Tourism Minister Thong Khon said on Wednesday. ...

Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5 per cent in 2023, led by manufacturing exports, according to a World Bank report. ...

China-proposed Belt and Road Initiative (BRI) has become a key contributor to global economic growth and poverty reduction in the post-COVID-19 pandemic era, a Cambodian scholar said. ...

Cambodia reported 1.26 million air travelers during the first quarter of 2023, up 549 percent from only 195,000 passengers over the same period last year, said the State Secretariat of Civil Aviation’s report released on Wednesday. ...

Cambodia views 2023 as a pivotal year for attracting more foreign tourists. After the devastating impacts of the Covid-19 outbreak, the year should considerably assist Cambodia in overcoming the crisis that has enveloped the tourism sector, which is regarded one of the four pillars on ...

Cambodia has welcomed the resumption of China Eastern Airlines flights to its Siem Reap cultural province, the country’s Ministry of Tourism said in a press statement on Saturday. ...

The Angkor Foundation has stated that almost 80,000 international tourists bought Angkor and Koh Ker tickets last month month – generating more than $ 3 million in ticket sales compared to 2022, an increase of more than 900% . ...

Prime Minister Hun Sen yesterday called on all stakeholders to pay high attention and do their best to boost the country’s tourism sector. ...

The Ministry of Labour and Vocational Training will make the final cash support payment to 129 tourism workers in Siem Reap province whose employment contracts were suspended due to the Covid-19 pandemic. ...

The Ministry of Labour and Vocational Training disbursed its 89th cash payment to 3,223 workers employed by 33 different enterprises in the tourism sector located in Siem Reap, according to the ministry statement. ...

Prime Minister Hun Sen expressed his hope that between three and four million foreign tourists will visit Cambodia this year. ...

The Royal Government of Cambodia (RGC) on Monday issued another set of guidelines on additional measures to further control the impacts of the recovery of tourism in Cambodia as the economy has still been at high risk and uncertainty of regional and global changing trends, ...

The tourism and housing industries in Cambodia are showing signs of recovery this year, according to the ASEAN+3 Regional Economic Outlook. ...