Cambodia's trade with its partners surged to nearly $50 billion in the first 11 months of 2024, showcasing a substantial 20% annual rise. The General Department of Customs and Excise (GDCE) revealed that exports constituted 48% of this total, with a notable 17.4% ...
11th December 2024
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Cambodia's economy is forecasted to grow by 6% in 2024, signaling a robust recovery from recent economic challenges. This growth projection is driven by strong performances in key sectors such as agriculture, manufacturing, and services....
10th December 2024
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Nearly 57,000 loan accounts have been restructured by banks and microfinance institutions (MFIs) in Cambodia, amounting to $850 million. This restructuring comes as part of directives from the National Bank of Cambodia (NBC) to ease financial burdens on ...
09th December 2024
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Cambodia's construction and real estate sector has accumulated a debt of $18 billion, highlighting the challenges faced during the post-pandemic recovery period. The decline in demand and economic slowdown have contributed to the financial strain on these industries. Despite ...
06th December 2024
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The Cambodian government has launched a comprehensive 10-year roadmap for Public-Private Partnership (PPP) projects, aiming to boost infrastructure development and economic growth. This strategy focuses on attracting private investment to fund key sectors ...
05th December 2024
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Foreign direct investment (FDI) in Cambodia has surged to $8.1 billion from September 2023 to September 2024, reflecting growing investor confidence in the country's economic prospects. The influx of capital is primarily driven by investments in sectors such as ...
04th December 2024
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Angkor Enterprise, the state-owned agency managing ticket sales for Angkor Archaeological Park, reported revenue exceeding $40 million from ticket sales in the first 11 months of 2024. This represents a significant recovery compared ...
03rd December 2024
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Cambodia's cashew nut production has been steadily increasing, with experts predicting it could surpass traditional cashew powerhouses to become the largest cashew producer by 2030. The country currently has over 580,000 hectares of ...
02nd December 2024
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The National Assembly (NA) approved a $9.3 billion budget for the Cambodian government in 2025 during its Third Session of the Seventh Legislature, emphasizing the commitment to meet public aspirations and drive socio-economic growth towards becoming ...
29th November 2024
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The Cambodian government has extended the exemption of property transfer taxes for residential properties valued under $70,000 until the end of 2025 to aid the real estate sector's recovery. Prime Minister Hun Manet announced this extension during the Ministry of Land Management, Urban Planning and ...
28th November 2024
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