According to a press release from the Ministry of Public Works and Transport (MPWT), Cambodia has sought partners to raise about $30 billion in investment funds to implement 150 hard and soft infrastructure projects that the government has identified as priorities to include in the Comprehensive Intermodal Comprehensive Master Plan (CIT-MP) ...
25th April 2023
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According to preliminary Customs (GDCE) data, Cambodia exported $736.776 million worth of electrical machinery, equipment, and related products in the first quarter (Q1) of 2023 that concluded on March 31, up 101.70% from the $365.279 million tallied during the same period in 2022. The aforementioned group of goods ...
24th April 2023
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According to preliminary Customs (GDCE) data, the value of goods traded between Cambodia and mainland China in the first quarter (Q1) of 2023 was $2.862 billion, a 0.38% decrease from the same period last year. Imports from the East Asian market made up 88.52% of this volume, a decrease of 0.28%pt ...
21st April 2023
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un Chanthol, the Minister of MPWT, and Asad Yqub, the IFC Resident Representative for Cambodia, signed the Financial Advisory Services Agreement (FASA) to commission IFC to conduct the feasibility study for the Sihanoukville Logistics Complex (SHV-LC) project, ...
20th April 2023
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The bilateral free trade agreement, which went into effect in December last year, has contributed to a large growth in Cambodia's exports to South Korea in the first quarter of this year. According to a report released this week by the Korea International Trade Association, Cambodia exported items worth $130 million to South Korea between January and March of this year, a rise of 17.2% ...
19th April 2023
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Industry insiders and experts have reassured that the central bank's recent decision to revoke the operating licenses of 104 rural credit institutions (RCI), or nearly half of them, shouldn't have a substantial impact on the Kingdom's larger financial sector. According to NBC, the 223 RCIs in the Kingdom collectively held assets worth 234 billion riel ($56.8 million) ...
18th April 2023
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According to press releases issued on Thursday, April 13, 2023, Cambodia collected $1.9 billion from all sources of taxes in the first quarter of 2023, an increase of 2% from about $1.86 billion in the same period last year. According to the General Department of Taxation's news release, tax revenue for the period of January through March this year was $1.34 billion, up...
17th April 2023
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During the first quarter of 2023, Cambodia exported $2.36 billion worth of garment, footwear, and travel (GFT) goods, a significant decrease from the $3.05 billion exported during the same period in the previous year, according to the most recent trade data made public by the General Department of Customs and Excise on Monday...
13th April 2023
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Throughout the first three months of this year, Cambodia received and operated 494 flights weekly at its three airports, according to preliminary data from the State Secretariat of Civil Aviation (SSCA), the country's regulatory and development body for civil aviation activity and infrastructure. 368 flights or 736 movements were received ...
12th April 2023
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In the first quarter of 2023, trade between Cambodia and other countries was $11.25 billion, a decrease of 14.5% YoY from $13.16 billion in the same period last year. According to the General Department of Customs and Excise's report, export from January to March of this year was valued at $5.39 billion, down 5.7% YoY ...
11th April 2023
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