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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According to a senior official from the Ministry of Economy and Finance (MEF), Cambodia's GDP could reach $35 billion dollars (143 trillion riels) this year. MEF's Secretary of State H.E. Phan Phalla expects the GDP per capita ...
22nd February 2024
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Cambodia exported 46,221 tonnes of milled rice in January 2024, marking a 25.2% increase from the 36,900 tonnes exported in the same period last year, according to the Cambodia Rice Federation. The country earned a total revenue of $32.6 million ...
12th February 2024
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In 2023, Cambodia's trade with the 14 other nations in the Regional Comprehensive Economic Partnership (RCEP) totaled nearly $30 billion. Exports to these countries amounted to $8.172 billion, marking a increase of over ...
09th February 2024
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The Agricultural and Rural Development Bank (ARDB) has earmarked $100 million for a special financing program aimed at stabilizing agricultural commodity prices during the harvest season, with a specific focus on the rice sector. This initiative will offer working capital financing ...
08th February 2024
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In 2023, Indonesia emerged as Cambodia's 6th largest trading partner, with trade volume reaching nearly $1.1 billion, marking a significant 15% increase from 2022. Bilateral trade between the two nations amounted to $1.09 billion, constituting 2.32% ...
07th February 2024
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Cambodia's insurance industry recorded a premium of $77.8 million in Q4 2023, a 0.07% decrease from Q4 2022, according to the Insurance Regulator of Cambodia (IRC). The gross premium from general insurance was $29.5 million, a 1.14% increase ...
06th February 2024
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In the fourth quarter of 2023, there was a 5% surge in consumer loan applications in Cambodia compared to the third quarter, reaching a total of $15.01 billion. The aggregate number of consumer loan accounts hit 1.76 million, with 80% attributed ...
05th February 2024
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