News

Cambodia’s trade with RCEP countries up 14.6 pct in Q1

Cambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) countries reached $8.36 billion in the first quarter (Q1) of 2024, up 14.6 percent from $7.29 billion over the same period last year, said the Ministry of Commerce’s report released on Friday. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501472193/cambodias-trade-with-rcep-countries-up-14-6-pct-in-q1/

MoC setting priorities, tapping African market via Middle East

The Ministry of Commerce (MoC) is making earnest efforts to reach out to uncharted African markets via the Middle East, while strengthening the existing major markets such as the United States, Canada, the European Union, and countries within the regional comprehensive economic partnership (RCEP). ... ...

Nhean Chamrong
https://www.khmertimeskh.com/501469165/moc-setting-priorities-tapping-african-market-via-middle-east/

Cambodia-China trade continues to grow despite global demand slowdown

Cambodia-China trade continued to rise in 2023 despite a slowdown in global demand, thanks to the Regional Comprehensive Economic Partnership (RCEP) agreement and the Cambodia-China Free Trade Agreement (CCFTA), a commerce official and experts said on Wednesday. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501422036/cambodia-china-trade-continues-to-grow-despite-global-demand-slowdown/

RCEP fuels regional growth amid economic recovery, challenges

Two years on, the world’s largest free trade pact in terms of population and trade volume, has unleashed tremendous benefits for regional integration in the Asia-Pacific region and powered up economic recovery. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501421396/rcep-fuels-regional-growth-amid-economic-recovery-challenges/

Cambodia attracts 268 new FDI’s, which creates more than 307,000 jobs in 2023

Cambodia attracted fixed-asset investment of $4.92 billion in 2023, up 22 percent from $4.03 billion in a year earlier, the Council for the Development of Cambodia (CDC) said in a news release on Wednesday. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501417705/cambodia-attracts-268-new-fdis-which-creates-more-than-307000-jobs-in-2023/

Cambodia exports $7.21 billion worth of products to RCEP member countries in the first 11 months

Penn Sovicheat, secretary of state of Cambodia’s Commerce Ministry, said the RCEP has been a key driving force for Cambodia’s export growth and has become a magnet for attracting more foreign direct investment inflows into the country. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501415453/cambodia-exports-7-21-billion-worth-of-products-to-rcep-member-countries-in-the-first-11-months/

Cambodia’s exports to RCEP members up 27 pct in 11 months: report

Cambodia exported $7.21 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) members in the first 11 months of 2023, up 27 percent from 5.67 billion dollars in the same period last year, a Ministry of Commerce report said on Tuesday. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501413723/cambodias-exports-to-rcep-members-up-27-pct-in-11-months-report/

Cambodia’s exports touch $20.5 billion in Jan-Nov

Cambodia’s exports topped $20.49 billion in the January-November period of this year, inched up by 1.2 percent compared to the same period last year, a General Department of Customs and Excise report said on Monday. ... ...

Chea Vanyuth
https://www.khmertimeskh.com/501405278/cambodias-exports-touch-20-5-billion-in-jan-nov/

Cambodia’s export to other RCEP members sharply up in 10 months

Cambodia exported $6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 percent from the same period last year, said a Ministry of Commerce’s report on Tuesday. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501402629/cambodias-export-to-other-rcep-members-sharply-up-in-10-months/

RCEP helps international market access to Cambodia

The Regional Comprehensive Economic Partnership (RCEP) has given a big impetus to Cambodia’s exports, contributing to the economic development, said Sok Siphana, Senior Minister in Charge of International and Multilateral Trade and Economic Relations. ... ...

Chea Vanyuth
https://www.khmertimeskh.com/501395909/rcep-helps-international-market-access-to-cambodia/

RCEP helps international market access to Cambodia

The Regional Comprehensive Economic Partnership (RCEP) has given a big impetus to Cambodia’s exports, contributing to the economic development, said Sok Siphana, Senior Minister in Charge of International and Multilateral Trade and Economic Relations. ... ...

Chea Vanyuth
https://www.khmertimeskh.com/501395909/rcep-helps-international-market-access-to-cambodia/

Cambodia urges more collaborations between nations

To counter the growing risk of geopolitics, it is important to have more mutual investments and collaborations between countries and regions to truly achieve global economic prosperity, experts say. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501389490/cambodia-urges-more-collaborations-between-nations/

Cambodia’s exports to RCEP countries rise 23% to $5.8B

Cambodia’s exports to the Regional Comprehensive Economic Partnership (RCEP) countries continued to increase, indicating the emergence of a growing market for the country’s products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501382492/cambodias-exports-to-rcep-countries-rise-23-to-5-8b/

RCEP offering Cambodia platform for structural transformation

The Regional Comprehensive Economic Partnership (RCEP) is offering the Kingdom an ideal platform for economic structural transformation, a study carried out by a leading economic research institute has found. ... ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501381922/rcep-offering-cambodia-platform-for-structural-transformation/

IMF lowers growth forecast for Cambodia due to weak external demand

On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/

Cambodia exports down 0.8 pct in first 9 months

Cambodia exported $16.94 billion worth of goods in the first nine months of 2023, a slight drop of 0.8 percent from $17.07 billion in the same period last year, said a General Department of Customs and Excise’s report released on Tuesday. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501374605/cambodia-exports-down-0-8-pct-in-first-9-months/

Cambodia-China FTA brings growth

Nearly two years have passed since the Cambodia-China Free Trade Agreement (CCFTA) came into effect in early January 2022. This period has witnessed significant growth in bilateral trade, as well as a surge in Chinese investment in Cambodia. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-china-fta-brings-growth

Cambodia’s export to fellow RCEP members reaches $5.26 billion

Cambodia exported $5.26 billion worth of goods to fellow member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first eight months of 2023, up 22 percent from $4.3 billion the same period last year, according to the latest report by the Ministry of ...

Khmer Times Staff
https://www.khmertimeskh.com/501372630/cambodias-export-to-fellow-rcep-members-reaches-5-26-billion/

Cambodia-Oz trade dips 8.5%

Cambodia's exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). Concurrently, imports from Australia ...

Hin Pisei
https://phnompenhpost.com/business/cambodia-oz-trade-dips-85

Diversification and Market Access: RCEP Positively Impacts Cambodia’s Economy

The Regional Comprehensive Economic Partnership (RCEP) agreement, which came into effect in 2022, has played a significant role in diversifying Cambodia’s economy and boosting its exports, according to Aaditya Mattoo, chief economist of the World Bank’s East Asia and Pacific Region. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501370132/diversification-and-market-access-rcep-positively-impacts-cambodias-economy/

Cambodian PM says RCEP will help regional economic integration

Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet attended the third RCEP Economic and Trade Cooperation Business Summit under theme of “Integrating into RCEP’s More Open Market and Promoting Win-Win Asia-Pacific Cooperation” in Nanning, China’s Guangxi Zhuang Autonomous Region yesterday. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501362044/cambodian-pm-says-rcep-will-help-regional-economic-integration/

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