According to the Ministry of Finance (MEF), Cambodia's public debt stood at $11.24 billion by the end of 2023 - the majority of public debt is in US dollars (46%) and in Special Drawing Rights (19%). Furthermore, 99.5% of the public debt is owed ...
18th March 2024
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Japan has allocated $154 million to support Cambodia's Regional Hospital Development project, a significant step in bolstering the Kingdom's socio-economic growth. The concessional loan agreements, overseen by Cambodian ...
15th March 2024
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The Council for the Development of Cambodia (CDC) approved nearly $1.2 billion in investment capital - 35 new projects and 2 production expansion projects in existing companies - which will generate approximately 38,000 new ...
14th March 2024
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On a positive note, Cambodia's garment, footwear, and travel goods (GFT) exports increased by 22.22% in the initial two months of 2024, generating $1.89 billion in revenue. This growth, reversing an 18-month decline, signals ...
13th March 2024
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According to the Cambodian Valuers and Estate Agents Association (CVEA), Cambodia's real estate sector is expected to require to pre-pandemic levels within 2 or 3 years. Sorn Seap, president of CVEA, observed that the sector has not significantly ...
12th March 2024
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According to the Council for the Development of Cambodia (CDC), Cambodia received $1.3 billion in the first two month of the year, representing a 500% increase compared to the same period in 2023. China accounted for 39% of total FDI investments ...
11th March 2024
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Despite a global demand slowdown and geopolitical challenges, Cambodia experienced stable export growth, reaching $1.97 billion in January 2024, a 27% increase compared to the same period in 2023. Penn Sovicheat, Secretary of State at the Ministry ...
07th March 2024
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Cambodia's government spent roughly $3.85 billion on various infrastructures, industrial parks and economic centers by the end of 2023 to boost the economic activity in the northeast region with neighboring Laos ...
06th March 2024
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The Council for the Development of Cambodia (CDC) is set to greenlight two significant projects in Sihanoukville province with a combined investment value of nearly $600 million. The first project involves a 2,870 ...
05th March 2024
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Cambodia recorded a substantial increase in electric vehicle (EV) adoption, registering 604 new EVs in 2023, bringing the total to 1,335 in the country. The Ministry of Public Works and Transport's report highlighted the growing momentum of EVs in Cambodia ...
04th March 2024
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