World Bank projects Cambodia’s 2023 growth at 5.5 percent
PHNOM PENH The World Bank on Monday projected its growth forecast for Cambodia to 5.5 percent in 2023, thanks mainly to the revival of the services sector and improvements in…
EIU sees Cambodia as one of world’s fastest growing economies in 2024
PHNOM PENH: The Economist Intelligence Unit (EIU) forecast Thursday that Cambodia will be among the world’s fastest-growing economies next year. According to a webinar by the affiliate of The Economist…
ADB to provide $140 million in loans to Cambodia
PHNOM PENH: The Asian Development Bank (ADB) on Tuesday signed an agreement to provide 140 million U.S. dollars in loans to Cambodia to boost the caliber of the country's labor…
Cambodia produces over 8.28 tonnes of gold so far: official
PHNOM PENH: Cambodia has produced more than 8.28 tonnes of dore bars with 90 percent pure gold solution since commercial mining started in June 2021, a senior official said on…
Cambodia targets high-income country status by 2050: PM
PHNOM PENH: Cambodian Prime Minister Hun Manet has said that Cambodia has set a strategy to transform it into a high-income country by 2050. Hun Manet made the remarks at…
Cambodia and China boost agricultural cooperation with “Fish and Rice Corridor” initiative
PHNOM PENH: This week, Cambodia's Minister of Agriculture, Forestry, and Fisheries, H.E. Dith Tina, welcomed and supported the investment of nests for export to the Chinese market. The announcement was…
Cambodia’s FDI increased 41.6 pct, despite tightening global financial situation
PHNOM PENH: Cambodia's economy is expected to grow 5.3 percent in 2023, with foreign direct investment (FDI) increasing at a rate of 41.6 percent in the first half of the…
ADB lowers growth forecast for Cambodia to 5.3 pct
PHNOM PENH: The Asian Development Bank (ADB) lowered its 2023 economic growth forecast for Cambodia to 5.3 percent from an earlier prediction of 5.5 percent, mainly due to slower-than-expected industry…
FAO says Cambodian wholesale rice prices stable or higher last month
PHNOM PENH: Wholesale rice prices in Cambodia were stable or rising last month despite surges in Thailand and Vietnam, the Food and Agricultural Organisation of the United Nations (FAO) said…
Signing Ceremony of MOU between ID Capital Plc. and Chongqing Hongjiu Fruit, Advance Digital World Trade and Artwell Tapioca
PHNOM PENH: On Sunday, September 17, 2023, the Innovation and Development Investors Association "IDI" led by Dr. Hor Sereyvath, Chairman of the Board of Directors of IDI and ID Capital…
WTO says Cambodia now part of global high-tech production networks
PHNOM PENH: Cambodia along with Bangladesh, Romania, and Vietnam have graduated from low valued-added supply chains to global high-technology production networks, the World Trade Organisation (WTO) says. In its annual…