In the initial 11 months of 2023, Cambodia experienced a noteworthy surge in exports to South Korea, surpassing $253 million and contributing to a bilateral trade volume exceeding $683 million. The country's trade deficit with ...
25th December 2023
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In the January-November period of 2021, Cambodia's trade with RCEP nations exceeded $26.5 billion, constituting 61% of the country's overall international trade, which stood at $43 billion. Throughout this ...
22nd December 2023
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The Central Bank of Cambodia's digital currency, Bakong, has seen a significant adoption rate, with around 10 million accounts created since its launch in October 2020. This represents 60% of Cambodia's population, indicating ...
21st December 2023
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In the initial 11 months of 2023, Cambodia witnessed a substantial increase in exports of electrical machinery, equipment, and related products, totaling nearly $3 billion. This marked a significant growth of 70% compared to the corresponding ...
20th December 2023
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Cambodia has received approval from the International Telecommunication Union (ITU) to utilize the 6GHz band for the expansion of mobile services. This approval was granted subsequent to the 2023 World Radiocommunication Conferences (WRC) held ...
19th December 2023
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Cambodia's government is set to implement an "e-Arrival Card" system starting January 1, streamlining the entry procedures for both foreign visitors and Cambodian nationals. The Ministry of Interior has revealed that this initiative will ...
18th December 2023
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The General Department of Taxation (GDT) in Cambodia has set a target of $4.162 billion for 2024, representing a 20% increase from the current year. Despite economic uncertainties, the GDT achieved ...
15th December 2023
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According to the 2024 budget law, the government intends to generate funds amounting to $100 million next year through the issuance of government bonds to finance public investments. The funds will ...
14th December 2023
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Leaders of Cambodia and Vietnam have pledged to boost bilateral trade to $20 billion in the coming year, despite economic uncertainties. This commitment is grounded in the strong political and economic ties between the two ...
13th December 2023
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In the first 11 months of 2023, Cambodia experienced a modest uptick in its export figures, surpassing $20 billion, indicating a slight growth (+1.2%) compared to the previous year. Notably, the country's trade deficit contracted from over $3 billion ...
12th December 2023
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