Cambodia's industrial expansion boosts economy
The Ministry of Industry, Science, Technology and Innovation registered 75 new factories in 1Q24, increasing the total to 2,195. Predominantly garment factories, these new investments were mainly from China, South Korea, Japan and Thailand. In April alone, 20 ...
15th May 2024
See More
Cambodia-China trade continues to rise in the first fourth months of 2024
Cambodia-China trade has witnessed a 15.1% increase in the first four months of 2024, reaching $4.48 billion, according to a report by Cambodia's General Department of Customs and Excise. China remains Cambodia's top trading partner, followed ...
13th May 2024
See More
Cambodia sees surge in online business registrations
As of May 5th 2024, a total of 35,829 businesses with a capital of $10.22 billion have been registered through the Online Business Registration platform, known as the Single Portal-Phase 1, according to an official report. The system has reserved 19,094 company ...
10th May 2024
See More
Cambodia's rice exports surge to $170 million
In 1Q24, Cambodia's rice exports surged, with 248,491 tons valued at $170.2 million shipped abroad, as reported by the Cambodia Rice Federation (CRF). April alone accounted for $46.6 million from exporting 82,491 tons of rice, with China ...
09th May 2024
See More
Cambodia's export growth highlights the country's economic resilience
Prime Minister Hun Manet underscored Cambodia's robust export performance, with an average growth of 13.3% between 2017 and 2023, reaching $23.47 billion in 2023 or 54.7% of the GDP. Speaking at the National Single Window ...
08th May 2024
See More
Cambodia plan to establish large-scale seedling nurseries across 5 provinces
The Ministry of Environment plans to establish five large-scale seedling nurseries in five provinces, with Tboung Khmum hosting Cambodia's first regional nursery capable of producing over one million seedlings annually. These nurseries ...
07th May 2024
See More
NBC and NGB sign MoU to reduce dollarization
The National Bank of Cambodia (NBC) and the National Bank of Georgia (NGB) inked a memorandum of understanding (MoU) aimed at bolstering financial cooperation for de-dollarization effort. This historic agreement marks the first collaboration ...
06th May 2024
See More
IMF updates Cambodia's GDP figures
The International Monetary Fund (IMF) recently updated Cambodia's GDP figures for 2023, now standing at $41.9 billion, a 35% increase from previous calculations using 2014 as the base year, a shift from the outdated 2000 base. Mekong Strategic Capital (MSC) ...
03rd May 2024
See More
Cambodia and Mexico aim to strengthen trade ties
Trade and investment collaboration between Cambodia and Mexico is set to escalate following discussions between Cambodia Chamber of Commerce (CCC) and Ambassador of Mexico to Cambodia. They highlighted the need ...
02nd May 2024
See More