Cambodia projects a robust economic growth in 2024
PHNOM PENH: Cambodia's economy is expected to achieve a 6.6 percent growth rate in 2024 thanks to the continued good tendency of the industry, service, and agriculture sectors, the main…
Cambodia’s GDP per capita to reach 2,071 USD next year
PHNOM PENH: Cambodia's GDP per capita is forecast to hit 2,071 U.S. dollars in 2024, up from some 1,917 dollars in 2023, according to a report from the Ministry of…
Royal Government approves draft 2024 budget bill
PHNOM PENH: The Royal Government of Cambodia this morning endorsed the draft budget law for 2024 worth a total of KHR 38,829 billion or roughly US$9.40 billion, according to the…
Cambodian delegates to present tourism Investment opportunities at GMS Tourism meeting
PHNOM PENH: Cambodia's delegates to present at Business Opportunities in GMS Tourism in Bangkok, Thailand, on 17-20 October 2023 The GMS Tourism Coordinating Office is organizing a private sector roundtable…
Experts say RCEP helps Cambodia diversify economy, exports
PHNOM PENH: the Regional Comprehensive Economic Partnership (RCEP) agreement, which took effect in 2022, has helped diversify Cambodia's economy and exports, a World Bank's senior economist said on Monday. Aaditya…
Angkor ticket sales earns $24M in three-quarter
PHNOM PENH: Cambodia’s famed Angkor Archaeological Park earned $24.95 million from ticket sales in the first nine months of this year, a 365 percent increase compared to the same period…
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…
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,…
PM: Cambodia’s economy to grow by 6.6% this year
PHNOM PENH: Cambodia's economy is expected to grow by 6.6 percent in 2023, up from 5.5 percent last year, according to Samdech Techo Hun Sen, Cambodian Prime Minister, on March…
RCEP to boost region’s trade to $40 billion and $263 billion in the global
PHNOM PENH: According to major international institutions, full implementation of the RCEP will increase trade by approximately $ 40 billion, increasing real income by 2.5 percent among RCEP members. Cambodian…