According to Governor Chea Serey of the National Bank of Cambodia (NBC), as high as 67% of Cambodians have access to formal financial services, an increase of 18% from 2015. Governor Serey stressed the need to promote financial ...
11th April 2024
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Cambodia is expected to achieve graduation from its Least Developed Country (LDC) status by 2029, extending beyond the initial target of 2027. Minister of Planning Bin Trachhey revealed plans for the country's second ...
10th April 2024
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According to a report issued by the Ministry of Economy and Finance (MEF) and the Ministry of Land Management, Urban Planning and Construction issued construction permits to 3,207 projects in 2023, a 25% YoY decrease. However, construction ...
09th April 2024
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According to the Cambodia Rice Federation (CRF), Cambodia's milled rice exports in the first quarter of 2024 reached 166,451 tons, declining by 5.7% compared to the same period in the previous year. Revenue from these exports ...
08th April 2024
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During the first quarter of 2024, the Council for the Development of Cambodia (CDC) approved 106 new projects and production expansion, amounting to a total investment of $2.2 billion and the creation of over 107,000 ...
05th April 2024
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Thailand's ambassador to Cambodia, Chheut Kiet, led a delegation compromising over 20 representatives from Thai private firms to visit Kratie province in Cambodia to assess investment prospects in the industrial sector. The delegation, along ...
04th April 2024
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In a speech given at the Cambodia-ASEAN business summit, PM Hun Manet reaffirms Cambodia's commitment to play a bigger role in strengthening the economic integration of ASEAN as the country is expected to have the highest ...
03rd April 2024
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The World Bank released its latest economic update for East Asia and the Pacific region, forecasting both Cambodia and the Philippines as the fastest-growing developing economies in SEA with each country's GDP expanding ...
02nd April 2024
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The Cambodia-ASEAN Business Summit 2024, scheduled from April 1-2 at Sofitel Phnom Penh Phokeethra, will assemble key stakeholders to delve into ASEAN's burgeoning connectivity, technological advancements, and inclusive ...
01st April 2024
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Motor insurance in Cambodia surged in 2023, reaching $24 million in gross premiums, a 26% increase from 2020. This growth reflects heightened awareness of insurance needs and benefits. Suy Channtharong, CEO of Forte Insurance Cambodia, credits strategic ...
29th March 2024
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