Cambodia experienced a significant increase in electric vehicle (EV) registrations in 2024, with a total of 2,253 EVs registered, marking a 620% rise from the previous year. The most popular EV brands in Cambodia are BYD from China, Toyota from Japan, and Tesla from the United States...
17th January 2025
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In 2024, Cambodia experienced a significant boost in investment projects, particularly in the industrial sector. The Council for the Development of Cambodia (CDC) approved 414 investment projects, with nearly 400 in the industrial sector alone. This marks a 40% ...
16th January 2025
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In 2025, the Royal Government of Cambodia plans to raise around $120 million through the issuance of government bonds to fund economic and social development, particularly in infrastructure and other key sectors. The bonds, worth KHR500 billion ...
15th January 2025
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China has become Cambodia's largest foreign investor, contributing nearly 50% of the total foreign direct investment (FDI) in 2024, amounting to $34.25 billion. Domestic investors and Vietnam ranked second and third, with 33.81% and 8.11% of investments, ...
14th January 2025
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Cambodia's international trade grew by 16% in 2024, reaching $54.74 billion, up from $46.82 billion in 2023. Exports increased by 15.7% to $26.19 billion, while imports rose 18% to $28.54 billion. China, Vietnam, and the U.S. were Cambodia's top trade partners. Free Trade Agreements ...
13th January 2025
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Cambodia attracted 6.7 million foreign visitors in 2024, a 22.9% increase from the previous year, according to the Ministry of Tourism spokesperson. The top five tourism markets were Thailand, Vietnam, China, Laos, and the United States. The growth is attributed ...
10th January 2025
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The Ministry of Economy and Finance (MEF) has urged taxpayers to use a KHR bank account for VAT refunds to promote the use of the national currency. To speed up the VAT refund process, large- and medium-scale taxpayers, including foreign embassies, consulates, international ...
09th January 2025
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Preah Sihanouk province is emerging as a key industrial and tourism hub in Cambodia, attracting significant investments and creating thousands of jobs. In 2024, the province hosted 270 factories, generating $2.8 billion in investment and over 100,000 jobs. Infrastructure development, ...
08th January 2025
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Starting in 2025, Cambodia will prioritize factories producing goods for export in applying for Renewable Energy Certificates (RECs) from Electricite du Cambodge (EDC). This initiative aims to enhance market access, especially in the US and EU, by verifying clean energy usage. Cambodia ...
02nd January 2025
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In the first 11 months of 2024, new business registrations in Cambodia dropped by 17% YoY, totaling 9,530, while business closures surged by nearly 33% YoY. The decline was most pronounced among private enterprises and foreign commercial companies, though ...
26th December 2024
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