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MOT and EuroCham agree to jointly promote tourism sector

PHNOM PENH: The Ministry of Tourism and the European Chamber of Commerce in Cambodia (EuroCham Cambodia) have agreed to join hands in the development of the tourism sector in Cambodia. The agreement was made in a meeting here on Feb. 12 between H.E. Sok Soken, Minister of Tourism, and Mr. Tassilo Brinzer, Chairman of EuroCham […]

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Garment exports rise; electrical equipment, machinery exports decline in January

PHNOM PENH: Textile, garment, and footwear exports were in positive growth early this year after a significant decline in 2023, while the exports of electrical equipment and machinery showed a significant decline. Cambodia’s exports from the garment, textile, and footwear sector totaled nearly US$826 million in January 2024, an increase of 24 percent or US$161

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Cambodia’s tourism generated $3 billion revenue in 2023

PHNOM PENH: Cambodia’s tourism earned a gross revenue of US$3.04 billion in 2023, a year-on-year increase of 115 percent from US$1.41 billion in 2022, according to a Ministry of Tourism report released on Monday. The Kingdom received 5.45 million international tourists last year, up 140 percent from 2.27 million a year earlier, it said. Thailand

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Cambodia, Germany discuss trade and economic cooperation

PHNOM PENH: Cambodia and Germany have discussed ways to further strengthen trade and economic cooperation between both countries. The discussion was made between H.E. Mrs. CHAM Nimul, Minister of Commerce, and Mr. Johannes Steiniger, a Member of the German Bundestag, and Dr. Stefan Heck, Chairman of the Christian Democratic Union (CDU) Marburg-Biedenkopf, accompanied by the

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Registered economic enterprises reach nearly 50,000 employing some 1.7 million people

PHNOM PENH: There are 49,075 economic enterprises registered at the Ministry of Labour and Vocational Training by 2023, creating more than 1.7 million jobs. Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of Cambodia, mentioned the figures while presiding over the closing ceremony of the annual meeting of the Ministry of Labour and Vocational Training

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DPM meets UNDP Representative to discuss development partnerships

PHNOM PENH: On Tuesday, February 6th, 2024, the Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC) held a productive meeting with Mrs. Alissar Chaker, the United Nations Development Program (UNDP) Representative in Cambodia. The Deputy Prime Minister expressed his gratitude for UNDP’s longstanding support to the Royal

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MOT agrees to expand Hoka’s program in new provinces

PHNOM PENH: The Ministry of Tourism‘s highly successful Hoka Project, which provides essential tourism skills training, is expanding its reach to new provinces across Cambodia. This follows months of acclaim from both private and public sectors for the project’s positive impact. A meeting, chaired by Mr. Chuob Ratana, Director of the Department of Tourism Planning

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SSEZ’s export-import valued at $3.36 billion in 2023

PHNOM PENH: The total import and export volume of the Sihanoukville Special Economic Zone (SSEZ) were valued at $3.36 billion in 2023, a year-on-year increase of 34.8 percent, the zone’s operator said in a statement issued recently. “The trade volume through the SSEZ accounted for approximately 7.18 percent of Cambodia’s total trade volume,” the source

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