Despite a global demand slowdown and geopolitical challenges, Cambodia experienced stable export growth, reaching $1.97 billion in January 2024, a 27% increase compared to the same period in 2023. Penn Sovicheat, Secretary of State at the Ministry ...
07th March 2024
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Cambodia's government spent roughly $3.85 billion on various infrastructures, industrial parks and economic centers by the end of 2023 to boost the economic activity in the northeast region with neighboring Laos ...
06th March 2024
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The Council for the Development of Cambodia (CDC) is set to greenlight two significant projects in Sihanoukville province with a combined investment value of nearly $600 million. The first project involves a 2,870 ...
05th March 2024
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Cambodia recorded a substantial increase in electric vehicle (EV) adoption, registering 604 new EVs in 2023, bringing the total to 1,335 in the country. The Ministry of Public Works and Transport's report highlighted the growing momentum of EVs in Cambodia ...
04th March 2024
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Cambodia's National Bank of Cambodia (NBC) and Malaysia's Bank Negara Malaysia (BNM) have signed a memorandum of understanding (MoU) to strengthen digital innovation and payment systems. The deal is expected ...
01st March 2024
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In January 2024, Cambodia achieved over $120 million in exports to China, representing a remarkable 50% surge compared to January 2023. The General Department of Customs and Excise (GDCE) reports that China remains Cambodia's largest import-export partner, with ...
29th February 2024
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According to the Cambodia Rice Federation (CRF), Cambodia has secured the 10th position among the world's largest rice producers, excelling in both domestic consumption and export. Chan Sokheang, CRF's president, highlighted the country's significant ...
28th February 2024
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Several companies have submitted applications for construction investment projects in Preah Sihanouk province under the government's special incentive program for 2024. The applications are currently under review ...
27th February 2024
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The Funan Techo Canal - a $1.7 billion canal network connecting major rivers and waterways - stretches over 180km from the Mekong River to the Kep waterway of Prek Ta Hing. With the groundbreaking ceremony expected in Q4 2024, the project signifies ...
26th February 2024
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Prime Minister Hun Manet underscored the pivotal role of micro, small, and medium enterprises (MSMEs) as the driving force behind Cambodia's national economy. Addressing the official inauguration of the 'Techo Sen' building and the 2023 Annual Meeting closing ceremony, the ...
23rd February 2024
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