Phnom Penh has initiated steps toward realizing its long-awaited metro rail system, a transformative project aimed at modernizing the city's transportation infrastructure. The plan, which has been under discussion for years, envisions a network of urban rail lines to alleviate traffic ...
14th March 2025
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In the first two months of 2025, Cambodia's rice exports generated $420 million, showcasing the sector's robust performance. Milled rice in particular saw a rise of nearly 50% in terms of exported tonnage and 62% int terms of value while rice paddy exports saw a reduction of 20% in terms of export value at the same time. Fragrant rice, a premium product, remains the flagship export, catering to high-demand markets such as China, Europe, and regional neighbors. To capitalize on this success, efforts are ...
13th March 2025
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The Cambodian government successfully mobilized $74 million through its public bond program in 2024, which is geared toward financing vital public investment projects. Launched in 2022, the initiative reflects Cambodia's efforts to reduce dependence ...
12th March 2025
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Cambodia's international trade witnessed a commendable 16% growth to $9.44 billion during the first two months of 2025, showcasing the country's increasing economic dynamism. This substantial increase is attributed to the higher volume of exports and imports, driven primarily ...
11th March 2025
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The Council for the Development of Cambodia (CDC) has embarked on a groundbreaking initiative to decentralize its investment registration process, aimed at enhancing accessibility, efficiency, and transparency through revisiting its data sharing systems and procedures for ...
10th March 2025
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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
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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
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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
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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
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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
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