Market Update

Feasibility study for Phnom Penh-Siem Reap-Poipet Expressway completed

China Road and Bridge Corporation (CRBC) has completed a feasibility study for the proposed Phnom Penh-Siem Reap-Poipet Expressway, Cambodia's third expressway project. This project, which begins at Win-Win Boulevard and ends at Poipet ...

18th July 2024

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Market Update

3,130 new enterprises generate 77,436 jobs in Cambodia in the first half of 2024

In the first six months of 2024, Cambodia saw a notable surge in new enterprises, with 3,130 businesses launched, employing 77,436 workers, including 43,172 women, primarily in the garment sector. As of June 2024, there are ...

17th July 2024

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Market Update

NEA offers 3,380 jobs to 17,535 applicants in the first half of the year

The National Employment Agency (NEA) of the Ministry of Labour and Vocational Training (MLVT) in Cambodia provided 3,380 jobs to 17,535 registered job seekers in the first half of 2024. Most of these positions were filled by ...

16th July 2024

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Market Update

Cambodia-China trade experiences strong growth in the first half of 2024

Cambodia and China have experienced a significant surge in bilateral trade during the first half of 2024, with trade volume reaching $7.31 billion from January to June, marking an 18.8% increase from $6.15 billion in the same ...

15th July 2024

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Market Update

GFT exports increase by 17% YoY in the first half of 2024

Cambodia's garment, footwear, and travel goods (GFT) exports surged by 16.89% YoY in the first half of 2024, generating $6.15 billion, according to data from the General Department of Customs and Excise (GDCE). The GFT sector is a cornerstone ...

12th July 2024

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Market Update

Cambodia's trade increases by 12.7% YoY in the first half of the year, reaching $26 billion

Cambodia's international trade reached $26.09 billion in the first half of 2024, marking a 12.7% increase from the same period last year. Exports totaled $12.29 billion, while imports stood at $13.8 billion, resulting in a trade deficit of $1.5 billion ...

11th July 2024

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Market Update

Cambodia records 1,614 electric vehicles by June 2024

As of June 2024, Cambodia has registered 1,614 electric vehicles (EVs), with popular brands including China's BYD, Japan's Toyota, and Tesla. The country promotes EV usage due to their environmental benefits and cost savings, having reduced import ...

10th July 2024

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Market Update

Cambodia-France bilateral trade hits $515M in 2023, reaches $206M in early 2024

During the 2nd Cambodia-France Business Forum, Cambodian Prime Minister Hun Manet emphasized France's growing role in the country's trade and investment sector. Bilateral trade between Cambodia and France reached $515.21 million ...

09th July 2024

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Market Update

Cambodia experiences investment boom in first half of 2024

Cambodia's Council for the Development of Cambodia (CDC) has approved $3.2 billion in fixed-asset investments for 190 projects in the first half of 2024, marking a remarkable 194% increase from the $1.1 billion recorded during the same period last year. The approved projects encompass ...

08th July 2024

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Market Update

Cambodia sees 57% increase in agricultural exports

In the first half of 2024, Cambodia exported over 6.13 million tonnes of agricultural products, a 57% increase from 2023, earning over $2.8 billion. Key exports included milled rice, paddy rice, fresh cassava, cassava flour, cashew nuts, corn, fresh longan, fresh mango, and pepper, shipped to 80 countries such as Vietnam, Thailand, China, and South Korea....

05th July 2024

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