US Remains Top Destination for Cambodian Exports
PHNOM PENH: According to data released by the General Department of Customs and Excise (GDCE) on Wednesday, Cambodia's exports surged in the first half of 2024, reaching US$12.29 billion, a…
Cambodia’s Booming Manufacturing Creates 50,000 New Jobs Fueled by GTF
PHNOM PENH: According to the latest report from the World Bank, consistent with improved goods exports, employment in the manufacturing sector is expanded. After some easing in labor market conditions…
Strong Demand Fuels Cambodia’s GFT Exports Hit $4.9 Billion
PHNOM PENH: Cambodia's garment, footwear, and travel goods (GFT) sector is experiencing a surge, with exports reaching a staggering US$4.9 billion in the first five months of 2024. This impressive…
Cambodia’s Economy Projected to Grow 5.8%, Boosted by Exports and Services
PHNOM PENH: The World Bank forecasts Cambodia's economic growth to reach 5.8% in 2024, driven by a surge in exports and a rebound in service industries. Their recent Economic Update…
Cambodia welcomes new alliance of investors
PHNOM PNEH: The Cambodia Federation of Investors Association (CCIA) officially launched last week, marking a significant step forward for the Cambodian economy. This event highlights the strong partnership between the…
CDC endorses 22 investment projects worth $310 million in April
PHNOM PENH: The Council for the Development of Cambodia (CDC) has approved 22 investment and production expansion projects worth some US$309 million in April of this year, showed a report…
Cambodia’s exports grow by 13% in past seven years
PHNOM PENH: Cambodia's exports grew by an average of 13.3 percent between 2017 and 2023, and reached US$23.47 billion, or 54.7 percent of the country's gross domestic product in 2023.…
Cambodia’s trade with EU up 5.4 percent in Q1
PHNOM PENH: Cambodia’s trade with the European Union (EU) rose by 5.4 percent to US$1,074 million in the first three months of this year, a report of the General Department…
Cambodia’s garment, footwear, travel goods export jumps 20 percent in Q1
PHNOM PENH: Cambodia exported US$2,941 million worth of garment, footwear and travel products to international markets in the first quarter (Q1) of 2024, up 20 percent from US$2,449 million in…
Cambodia’s bicycle exports reached nearly $100 million in three months
PHNOM PENH: Cambodia's bicycle export fell 43 per cent year on year in the first quarter of 2024, said a General Department of Customs and Excise's report on Tuesday (April…
Cambodia reaches record of trade surplus in Q1
PHNOM PENH: Cambodia has experienced for the first time a trade surplus in the international trade balance. An official report showed last week, the total import-export turnover in January-March period…