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-Thailand bilateral trade tops $2.58 billion in first eight months
PHNOM PENH: The bilateral trade between Cambodia and Thailand amounted to $2,585 million in the January-August period of this year, a 19.9 percent decrease over that of last year, a…
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…
FAO says Cambodian wholesale rice prices stable or higher last month
PHNOM PENH: Wholesale rice prices in Cambodia were stable or rising last month despite surges in Thailand and Vietnam, the Food and Agricultural Organisation of the United Nations (FAO) said…
Cambodia-Thailand Stung Bot-Ban Nong Ian border crossing nearly completed
PHNOM PENH: The construction of the Cambodia-Thailand Stung Bot-Ban Nong Ian international border crossing is now over 90 percent complete. The update was shared with the Minister of Public Works…
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…
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…
World rice prices surge 10 percent to 15-month high
PHNOM PENH: International rice prices soared almost 10 percent from July to a 15-month high in August, the Food and Agriculture Organisation of the United Nations (FAO) said Friday. But…
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…
The factors driving foreign direct investment in Cambodia
PHNOM PENH: Cambodia has a stream of direct investment from many major countries, including South Korea, Singapore, Japan, Vietnam, Malaysia, Thailand, the United Kingdom, especially China and the United States.…