Cambodia’s bicycle export bags $330 million
PHNOM PENH: Cambodia exported $331 million worth of bicycles to foreign markets in the first six months of 2023, a year-on-year drop of 30.5 percent, according to a Ministry of…
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…
Cambodia earns $2.4 billion from agricultural exports in H1
PHNOM PENH: Cambodia has exported 3.9 million tonnes of agricultural products in the first six months of 2023, earning some $2.4 billion in revenue, according to a report from the…
Cambodia studies new railway line to connect with Vietnam
PHNOM PENH: The Cambodian Ministry of Public Works and Transport (MPWT) is studying a new railway line that would connect six provinces in Cambodia with Vietnam. The line would run…
Construction of Preah Monivong flyover is 25 percent complete
PHNOM PENH: As of July 12, 2023, the construction of the Preah Monivong flyover was achieved at 25 percent and the project is expected to complete in August 2025. The…
Four new investment projects approved by CDC
PHNOM PENH: The Council for the Development of Cambodia (CDC) has given the green light to four new investment projects in the provinces of Preah Sihanouk and Kampong Speu, and…
Cambodia, Singapore set up financial transparency corridor to support SMEs
PHNOM PENH: Cambodia and Singapore have reached a deal on setting up the Financial Transparency Corridor (FTC) initiative, facilitating trade and cross-border related financial services between small and medium-sized enterprises…
Where to invest in Cambodia in 2023?
PHNOM PENH: Garment manufacturing, tourism, agriculture, and construction are considered the main engines of growth. The priorities of middle-class consumers, such as health and education are creating opportunities for investors.…
CDC approves $1.1 billion worth investment projects in first half 2023
PHNOM PENH: The Council for the Development of Cambodia (CDC) has approved 113 investment projects and investment expansion projects in the first half of 2023, with a total investment capital…
Construction of Techo international airport over 50 percent completed
PHNOM PENH: The construction of Techo International Airport is now over 50 percent complete for the first phase and is expected to be put into operation in 2025. The update…
CDC 2022 reports: China’s dominant investment and robust US exports fuel Cambodia’s growth
PHNOM PENH: Cambodia offers numerous advantages to investors, some of which may not be widely recognized outside the country. The main advantages include solid economic growth, a strategic geographical location,…