Cambodia's insurance sector continued its expansion at a slower pace, with total premiums reaching $96.5 million in 1Q24, up 9% YoY, according to the Insurance Regulator of Cambodia (IRC). The market comprises 18 general insurers, 14 life insurers, seven ...
12th June 2024
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Cambodia exported $308 million worth of tire in the first five months this year, representing a staggering 204% increase compared to the $101 million recorded during the same period last year, according to the Ministry of Commerce. This growth ...
11th June 2024
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Cambodia exported $4.969 billion worth of garments, footwear, and travel goods (GFTs) in the first five months of 2024, marking a 20% increase from $4.129 billion over the same period last year, according to a Ministry of Commerce report. Garments and textiles ...
10th June 2024
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Despite a subdued domestic demand, Cambodia's economy is projected to grow at 5.8% this year, 6.1% in 2025, and 6.4% in 2026, driven by a revival in goods and services exports, according to a World Bank report. At the launch ...
07th June 2024
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A Ministry of Commerce report released indicated that Cambodia's trade with Regional Comprehensive Economic Partnership (RCEP) countries rose to $14.17 billion in the first five months of 2024, a 14.2% increase from ...
06th June 2024
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National Bank of Cambodia (NBC) Governor Chea Serey emphasized Cambodia's commitment to green financing during her visit to Brussels, Belgium, for the Francophone Central Bank Governors' meeting, which gathered officials from 20 central banks representing ...
05th June 2024
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Cambodia is set to establish its first wind farms in Mondulkiri and Kampot provinces, according to Minister of Mines and Energy Keo Rottanak. The wind farms will ...
04th June 2024
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Cambodia's tourism sector is witnessing a robust recovery, highlighted by a significant increase in visitors to the Angkor Archaeological Park. In the first five months of this year, the park welcomed ...
03rd June 2024
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Cambodia and Turkey have committed to boosting bilateral trade to $1 billion annually and advancing plans for direct flights between Phnom Penh and Istanbul. The agreement was ...
31st May 2024
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Cambodia's wholesale and retail trade sector has not only recovered post-Covid but also surpassed pre-pandemic levels, driven by higher disposable incomes and a growing economy. In 2023, wholesale and retail trade reached 13,182 billion riels ...
30th May 2024
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