Cambodia has taken initiatives to make it simpler for tourists to travel to the nation and pay for goods and services in order to entice one million Chinese visitors there by 2023. On Monday, April 22, 2022, representatives of the Ministry of Tourism met with representatives of UnionPay International ...
24th May 2023
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According to the most recent banking supervision report published by the National Bank of Cambodia (NBC), four of the five microfinance deposit-taking institutions (MDIs) including Prasac, AMK, LOCL, Amret, and Mohanokor have dominated the microfinance market in ...
23rd May 2023
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Following the conclusion of a 26-month study, the Council of Ministers on Friday 19 April 2023 approved the Tonle Bassac navigation and logistics system project, estimated to cost $1.7 billion. The project's goal is to connect the Mekong River ...
22nd May 2023
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Water subscriptions increased 4.8% YoY to 458,909 connections at the end of 1Q23. Household clients make up the vast majority of water subscribers, with 366,997 connections, or 80.0% of the total connections. Commercial and industrial clients account for 85,180 connections or 18.6% of the total, while the remaining ...
22nd May 2023
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The World Bank projected that an increasing agriculture sector and easier access to regional markets will cause the national economy's growth to accelerate to 5.5% in 2023. According to the report, real growth in Cambodia's economy accelerated to 5.2 percent ...
19th May 2023
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• At the end of 2022, there were 451,554 connections, a rise of 4.7% from the end of 2021. Household customers make up 360,948 connections, or 79.9%, of the total subscriptions, while commercial and industrial customers make up 83,874 connections or ...
18th May 2023
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The General Department of Customs and Excise said that the value of garment exports in the first four months of 2023 fell by 28% from the same period last year to $1,394 million. Exports of travel-related goods also fell by 23% to $515 million. Overall, exports to important markets like ...
18th May 2023
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Ith Samheng, the Minister of Labor and Vocational Training, stated that the government has worked to improve cooperation with partner nations to give more Cambodian employees opportunity to work abroad. Currently, 1.3 million workers send their families remittances totaling over ...
17th May 2023
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After the General Administration of Customs of China (GACC) authorizes Cambodia's export request, Cambodian pepper will be immediately available in China. The GACC approved seven packaging firms and 28 registered pepper farms for exports, ...
16th May 2023
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According to figures from the Ministry of Commerce, Cambodia shipped goods worth $2.89 billion to the RCEP members in Q1 2023, an increase of 16% over the same period last year. Vietnam, Thailand, and China were Cambodia's top three export destinations in the RCEP, with exports totaling ...
15th May 2023
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