The National Bank of Cambodia (NBC) and the Korea Asset Management Corporation (KAMCO) signed a Memorandum of Understanding (MOU) to collaborate on managing non-performing loans (NPLs) in Cambodia. The MOU aims to enhance the financial stability ...
07th March 2025
See More
The Ministry of Water Resources and Meteorology (MoWRAM) of Cambodia has announced an ambitious plan to increase the country's water capacity by 1 billion cubic meters by 2027. This initiative aims to address the challenges posed by erratic rainfall, prolonged droughts, and outdated infrastructure. The plan includes upgrading existing infrastructure, implementing climate-resilient irrigation systems, and integrating modern technology for real-time water monitoring. The government is also focusing on enhancing ...
06th March 2025
See More
Prime Minister Hun Manet has announced that Cambodia's economy is projected to grow at an average rate of 6.5% over the next few years. This optimistic forecast is based on the country's strong economic fundamentals, including robust domestic demand, increased foreign ...
05th March 2025
See More
Cambodia has launched the Cambodia Enterprise Innovation Index (CEII) to enhance its innovation ecosystem and drive economic growth. The CEII, unveiled at a workshop in Phnom Penh, is a strategic tool developed by the Ministry of Industry, Science, Technology, and Innovation (MISTI) with ...
04th March 2025
See More
Cambodian migrant workers earn over $5 billion and sent nearly $3 billion in remittances back to their families in 2024, significantly contributing to the national economy. The Ministry of Labor and Vocational Training (MLVT) reported that 1.38 million Cambodians were ...
03rd March 2025
See More
A recent study by BMJ Public Health highlights that private healthcare services are utilized by 80% of the Cambodian population. The research underscores the dominance of private healthcare providers in the country, despite government efforts to enhance public healthcare ...
28th February 2025
See More
Cambodia's tourism sector is poised for significant growth, with the country aiming to attract up to 7.5 million international tourists in 2025. In 2024, Cambodia welcomed 6.7 million foreign visitors, a 23% increase from the previous year, generating $3.63 billion in revenue. The tourism sector contributed 9.4% to the country's GDP and created 510,000 direct jobs. Key attractions include UNESCO World Heritage sites such as the Angkor Archaeological Park and the Temple of Preah Vihear, as well as a pristine coastline stretching 450 km. The Ministry of ...
27th February 2025
See More
The e-commerce market in Cambodia has witnessed significant growth, reaching a market value of $1.12 billion. This remarkable expansion is fueled by the increasing adoption of digital platforms by businesses and consumers, as well as the government's supportive policies and infrastructure development initiatives. The market's upward ...
26th February 2025
See More
Cambodia's securities market has shown remarkable growth, reflecting the country's economic resilience and investor confidence. The Cambodia Securities Exchange (CSX) has reported a substantial increase in trading activity at approximately $130,000, with an ...
25th February 2025
See More
The National Bank of Cambodia (NBC) has reported that the country's banking system remains resilient and progressive despite global economic challenges. The NBC highlighted the robustness of the banking sector, which has demonstrated high levels of liquidity and capital. The central bank ...
24th February 2025
See More