Cambodia's exports to the Regional Comprehensive Economic Partnership (RCEP) countries have seen a significant increase, reaching $5,261 million in eight months of 2022, a 22% increase from the same period last year. The RCEP free trade agreement, ...
06th October 2023
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Cambodia has launched the Cambodia Financial Technology Development Policy 2023-2028 to promote the development of fintech in the country. The policy was launched at a workshop attended by officials from various sectors, including the Ministry of Economy and Finance ...
05th October 2023
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Cambodia's exports of electrical machinery, equipment, and related products reached $2.1 billion in the first eight months of 2023, a nearly 100% increase from the same period last year. Exports under Chapter HS 2 Code 85 reached $2.162 billion, a 98.5% ...
04th October 2023
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The World Bank has maintained Cambodia's economic growth forecast at 5.5% this year, citing the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. This contrasts with the Asian Development Bank's revised ...
03rd October 2023
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Cambodia's government has disbursed $913.8 million concessional loans in the first half of 2023, an increase of 11% compared to the same period in 2022, according to the Ministry of Economy and Finance. The total public debt stock ...
02nd October 2023
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Cambodia's National Council on Minimum Wage (NCMW) has agreed on a new minimum wage of $202 for garment, travel goods, and bag industries, with an additional $2 per month by Prime Minister Hun Manet. This will enable factory workers to receive a ...
29th September 2023
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A survey by the Cambodia Restaurant Association (CRA) revealed that 77% of Cambodian restaurants reported a revenue drop from 2022, indicating a slowdown in the country's economy and tourism sector. The survey, conducted by CRA, revealed that 45% ...
28th September 2023
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Cambodia has received $140 million in loans from the Asian Development Bank (ADB) to boost labor development and transform the country into a technology-driven, knowledge-based industrial economy. The loans will help the government introduce policy ...
27th September 2023
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The Cambodian government is planning to invest at least $1 billion in completing unfinished buildings in the coastal city of Sihanoukville, following a standstill in real estate and related businesses due to the Covid-19 pandemic in 2019. The government plans ...
26th September 2023
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Cambodia's Prime Minister Hun Manet has urged US investors to support the country's development efforts and start businesses. The Cambodia-US Business Forum, organized by the Cambodian Chamber of Commerce and the US Chamber of Commerce ...
25th September 2023
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