According to the General Department of Customs and Excise (GDCE), Cambodia's rubber exports surged in the first two months of 2024, reaching $215 million, a 90% increase from the previous year. This growth trend follows a global decline in natural rubber production ...
20th March 2024
See More
In 2023, as per data from the Cambodia Microfinance Association (CMA), deposit balance at AMK, Amret, LOLC, and Mohanokor increased from $2 billion to $2.22 billion, representing a 11% increase YoY. Meanwhile, the number of depositors only increased by ...
19th March 2024
See More
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
See More
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
See More
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
See More
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
See More
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
See More
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
See More
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
See More
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
See More