Cambodia’s foreign reserves hit $18.4 billion as of June
PHNOM PENH: Cambodia’s foreign reserves rose to US$18.4 billion as of June 2023, up 3.2 percent from US$17.82 billion at the end of 2022, showed a report of the National…
Cambodian economy in H1 remains healthy
PHNOM PENH: Cambodia continued to achieve positive economic growth in the first six months of this year, said the National Bank of Cambodia (NBC)’s report released at a recapitulative meeting…
GDT collects over $2 billion taxe income in first six months
PHNOM PENH: The General Department of Taxation (GDT) has collected US$2,072 million as tax income in the first half of 2023, accounting for 58 percent of the yearly plan, according…
Lawrence Lennon: Challenges in first half of 2023 likely to persist
PHNOM PENH: The Council for the Development of Cambodia (CDC) approved 113 investment projects and investment expansion projects in the first half of 2023, with a total investment capital of…
NBC introduces convenient interbank transactions with CSS debit card
PHNOM PENH: Yesterday The National Bank of Cambodia (NBC) organized the official launch of the Cambodian Shared Switch (CSS) presided over by H.E. Dr. Chea Serey, Deputy Governor of the…
Cambodia welcomes 2.57 million foreign tourists in H1
Cambodia has welcomed some 2.57 million international visitors in the first half of 2023, a skyrocketing increase of 409 percent from 506,762 over the same period last year, the Ministry…
Remittances from Cambodian workers abroad estimated at 4.2 percent of GDP last year
PHNOM PENH: Cambodia's inflows of remittances from workers abroad were the third-highest in Southeast Asia after the Philippines and Vietnam as a share of gross domestic product (GDP) last year,…
Cambodian government commits to 200,000-300,000 new jobs per year
PHNOM PENH: The Royal Government of Cambodia has made a commitment to generate between 200,000 and 300,000 fresh employment opportunities annually. Prime Minister Samdech Techo Hun Sen emphasized this pledge…
Cambodia’s major cities considered as a member of TPO
PHNOM PENH: Cambodia's major cities including Phnom Penh, Sihanoukville, Siem Reap, and Battambang cities are considered and evaluated to become members of the Tourism Promotion Organisation for Asian-Pacific Cities (TPO).…
Australian food manufacturer seeking agricultural investment potential in Cambodia
PHNOM PENH: SPC Global— a renowned Australian agribusiness has explored agricultural investment and trade potential in Cambodia, stressing that the firm is interested in expanding to Cambodia for produce such…
Cambodia encourages direct flight expansion with China
PHNOM PENH: Cambodia has asked China to expand direct flights from both existing cities and cities without direct flights yet as Cambodia has large-scale international airports that can accommodate all…