Bicycle export bags $424 million in nine months
PHNOM PENH: Cambodia exported $424 million worth of bicycles to foreign markets as of the third quarter of 2023, a year-on-year drop of 42.8 percent, said a Ministry of Commerce’s…
Cambodia leads in mobile but lags in fixed broadband
PHNOM PENH: Among 14 emerging market and developing economies in East Asia and the Pacific, Cambodia ranks sixth in terms of access to mobile-broadband services, the World Bank says. In…
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…
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 Korea strengthen development cooperation and partnership
PHNOM PENH: Cambodia and Korea agreed to review its country partnership strategy for Cambodia to align with the Pentagonal Strategy-Phase I, during a meeting on September 15, 2023, at the…
Korean largest commercial association visits Cambodia to explore agricultural cooperation and investment
PHNOM PENH: Minister of Agriculture Dith Tina met with the Korea International Trade Association (KITA) to discuss the possibility of exporting more Cambodian agricultural products to South Korea, promoting Cambodian…
RCEP to attract more investments to Cambodia in coming years
PHNOM PENH: The Regional Comprehensive Economic Partnership (RCEP) will play a crucial role in attracting more foreign direct investments to Cambodia and contribute to sustainable economic growth. The mega trade…
Cambodia, Korea to continue boosting digital and investment cooperation
PHNOM PENH: Cambodia and the Republic of Korea, through the Korea International Trade Association (KITA), have been committed to further boosting their cooperation in the digital sector, trade exchange, and…
Dr. Tann Monivan on Cambodia’s EV industry: A favorable investment environment with some challenges
PHNOM PENH: The Cambodian automotive industry is growing rapidly, with a focus on electric vehicles (EVs). The number of registered EVs in Cambodia increased by 1,000% in 2022, and the…
Construction of Cambodia-Korea friendship bridge to begin soon
PHNOM PENH: The Cambodia-Korea Friendship Bridge will break ground soon as the evaluation of the construction project has just been completed. The information was shared by visiting H.E. Kim Jin…
EIU ranks Cambodia among best investment destinations for Chinese market expansion, supply-chain development
PHNOM PENH: The Economist Intelligence Unit (EIU) has ranked Cambodia as the world’s sixth most attractive investment destination for market expansion by Chinese companies. In a report on China’s Belt…