Market Update

Khmer New Year sees unprecedented rise in tourism in Cambodia

According to the Ministry of Tourism, Cambodia experienced a remarkable influx of tourists over the four days of the Khmer New Year from April 13 to 16. The coastal provinces such as Kep, Preah Sihanouk, and Koh Kong ...

18th April 2024

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Market Update

Cambodia's trade with ASEAN nation surges

According to a report from the Ministry of Commerce, Cambodia's cross-border trade with other ASEAN countries surged by 18.64% to $4.32 billion in 1Q24. In the first quarter of this year, the Kingdom exported $1.77 billion worth of goods to other ASEAN ...

17th April 2024

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Market Update

Government allocates $100 million for agricultural interventions

The Royal Government of Cambodia has allocated $100 million for agriculture interventions aimed at ensuring the stability of agricultural prices in response to fluctuations in the world market. This reserved budget was disclosed by PM Hun ...

12th April 2024

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Market Update

As high as 67% of Cambodians have access to financial services

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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Market Update

Cambodia expects to graduate from Least Developed Country (LDC) status in 2029

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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Market Update

Construction investments increase despite number of projects drop in 2023

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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Market Update

Cambodia generates $123.6 million in revenue from rice exports in 1Q24

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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Economy & Industry

CDC approves 106 new projects with an investment amount of $2.2 billion

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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Market Update

Thai delegation explores investment opportunities in Kratie Province

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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Market Update

Cambodia spearheads ASEAN economic integration at Business Summit 2024

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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