Market Update

Cambodia's $5.8 billion in exports to RCEP nations increase by 23%

Cambodia's exports to the Regional Comprehensive Economic Partnership (RCEP) countries increased by 23% in the first nine months of 2021, according to a Ministry of Commerce report. The country exported $5.8 billion worth ...

27th October 2023

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Market Update

PM hope the Funan Techo Canal to ripe economic growth

Cambodia's Prime Minister Hun Manet has expressed confidence in the Funan Techo Canal waterway project, a significant infrastructure investment in the country's transport sector to boost the country's economic development. The project, also ...

26th October 2023

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Market Update

As construction activity increases, steel imports rise

Cambodia imported over $280 million worth of iron and steel in the first nine months of 2023, representing over 1% of the country's total imports. The country's construction sector has shown some improvement this year, attributed to an uptick in projects approved ...

25th October 2023

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Market Update

G-PSF to address business challenges, boost economy

The Government-Private Sector Forum (G-PSF) is set to take place in November this year to address challenges in businesses and investment and set up strategic drives to boost the economy. The forum will be chaired by Prime Minister Hun Manet, ...

24th October 2023

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Market Update

Chinese company express interest to construct airport metro

Cambodia's Council for the Development of Cambodia (CDC) has revealed plans by Chinese firm Guangzhou Metro Group to connect Phnom Penh with the new international airport. Chairman of Guangzhou Metro Group, Jianlong Ding, expressed ...

23rd October 2023

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Market Update

In the first nine months, rubber exports bring in $320.5 million for Cambodia

Cambodia exported 242,304 tons of dry rubber in the first nine months of 2023, a 3.5% increase from 234,100 tons in the same period last year, according to a report from the General Directorate of Rubber. The country earned $320.5 million ...

20th October 2023

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Market Update

Cambodia FDI surges 27% in the first nine months of 2023, despite global economic turmoil

Cambodia has approved 191 new Foreign Direct Investment (FDI) projects from 2023 to September, a 27% increase on last year's approvals. The growth is driven by recent policy directives, despite global trade ...

19th October 2023

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Market Update

China will invest $3.6 billion to boost the Kingdom's energy sector

Cambodia's energy sector has received over $3.6 billion from Chinese corporations, thanks to Prime Minister Hun Manet's efforts at the 'Belt and Road Forum' in Beijing. Wang Bo, Chairman of China Machinery Engineering Corporation, ...

18th October 2023

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Market Update

Cambodia's tourist hub's newly opened airport is anticipated to boost the country's economy and tourism

Cambodia's Siem Reap Angkor International Airport (SAI), a Chinese-invested facility, has commenced operations, boosting tourism in the northwest province. The airport, which has a 3,600-meter runway, is a 4E-level international airport capable of ...

17th October 2023

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Market Update

A $1 billion bilateral-trade goal is set between Cambodia and Turkey

Deputy Prime Minister Chenda Sophea and Turkish Ambassador Ulku Kocaefe have discussed the cordial relations between the two countries as they prepare to celebrate the 65th anniversary of diplomatic ties next year. They expressed readiness to jointly launch activities ...

16th October 2023

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