PHNOM PENH: Cambodia’s economy is expected to expand at 5.6 percent in 2023, supported by the growth of garment product export, agriculture, and tourism, the […]
Tag: Investment
Cambodia aims to become an automotive component manufacturing
PHNOM PENH: Global economic uncertainty has affected crucial sectors that drive Cambodia‘s economic growth, forcing the government to implement new policies and measures to respond […]
Cambodia’s exports to RCEP countries hit $6.3 billion last year
PHNOM PENH: Cambodia exported US$6.34 billion worth of goods to the Regional Comprehensive Economic Partnership (RCEP) member countries last year, up 7 percent from a […]
2023’s first mega project worth $300 million signed
PHNOM PENH: On January 18, 2023, the Secretary of State for Civil Aviation and Royal Group Koh Rong Development Co, Ltd signed a Memorandum of […]
RCEP-China trade increased by 7.9%
According to the Ministry of Commerce, trade between China and the other members of the Regional Comprehensive Economic Partnership (RCEP) has been growing rapidly since […]
China made a significant financial contribution to Cambodia’s infrastructure
PHNOM PENH: China becomes a key collaborator in accelerating the construction of the nation’s infrastructure. The Beijing government has offered Cambodia financial assistance programs worth […]
Trade between ASEAN and China reached $669 billion
PHNOM PENH: In 2021, trade between ASEAN and China increased by 28% to about US$669 billion, making China ASEAN’s top trading partner. A total of […]
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 […]
Agriculture exports to China earned Cambodia nearly $2 billion
PHNOM PENH: According to the Chinese Embassy in Cambodia, from 2019 to the end of June 2022, Cambodia exported 2.4 million tons of agricultural products […]
Chinese company to invest in a plant for electric vehicles
PHNOM PENH: China Matrix Technology Group-Horche Intelligent Automobile has expressed interest in investing in industrial technology by establishing an electric car assembly plant in Koh […]
Cambodia urges more textile investment from Korea
PHNOM PENH: South Korea has been asked by Cambodia to increase its textile sector investments, particularly in the capital city of Phnom Penh. The request […]