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…
Cambodia encourages Association of Cambodia Bird’s Nest business sector to increase tts production
PHNOM PENH: Cambodia has encouraged the Association of Cambodia Bird’s Nest Business, including producers and exporters to continue cooperating with major bird nest suppliers and businessmen from Indonesia, Malaysia, and…
Cambodia’s RCEP exports surge 23.6% in first 9 months of 2023, reaching $5.81 billion
PHNOM PENH: Cambodia exported 5.81 billion U.S. dollars worth of goods to other Regional Comprehensive Economic Partnership (RCEP) member countries in the first nine months of 2023, up 23.6 percent…
The construction of Koh Tonsay Tourism port reached 50 percent completed
PHNOM PENH: The construction of a tourism port on Koh Tonsay Island, about 4 kilometers offshore from Kep province, has achieved almost 50 percent as of October. The update was…
Germany pledges to provide over $60 million for economic development in Cambodia
PHNOM PENH: The Federal Republic of Germany has pledged to provide approximately $66 million to Cambodia to support the projects on socio-economic development. The information was shared by H.E Andreas…
Cambodia earns $320 million from rubber export in nine months
PHNOM PENH: Cambodia exported 242,304 tonnes of dry rubber in the first nine months of 2023, earning $320 million, according to a report from the General Directorate of Rubber. The…
IMF revises Cambodia’s economic growth to 5.6 percent in 2023
PHNOM PENH: The International Monetary Fund (IMF) has revised its 2023 economic growth projection for Cambodia to 5.6 percent from its prediction of 5.8 percent in April, due to weak…
China’s BRI projects greatly benefit Cambodia’s socio-economic development
PHNOM PENH: Projects under China’s Belt and Road Initiative (BRI) have been greatly boosting Cambodia's economy and improving local people's livelihoods, said H.E Vongsey Vissoth, Cambodian Permanent Deputy Prime Minister.…
Cambodia exports down 0.8 pct in first 9 months
PHNOM PENH: Cambodia exported $16.94 billion worth of goods in the first nine months of 2023, a slight drop of 0.8 percent from $17.07 billion in the same period last…
Cambodia launches 5-year national strategy for development of informal economy
PHNOM PENH: Cambodia on Tuesday launched a national strategy for the development of the informal economy for 2023-2028, aiming at bolstering protection, enhancing productivity, and fortifying the resilience of the…
Cambodia to send trainees to China for the “Construction and Railway Planning”
PHNOM PENH: Cambodia will send 8 trainees from the Ministry of Public Works and Transport to attend training courses in China on "Environmental Conservation and Green Economy" and "Railway Construction…