Automotive investment in Cambodia soars
PHNOM PENH: Over the last decade, Phnom Penh, Cambodia has morphed into a new city with high-rise buildings and shopping complexes too numerous to count, but nowhere has the change…
Cambodia-ASEAN trade valued at over $7 billion in H1
PHNOM PENH: Cambodia’s trade with ASEAN member countries was valued at US$7.1 billion in the first six months of this year, accounting for 30 percent of the Kingdom’s total international…
Cambodia exports to RCEP countries reach $4 billion in H1
PHNOM PENH: Cambodia exported $4,071 million worth of goods to the Regional Comprehensive Economic Partnership (RCEP) countries in the first half of 2023, a year-on-year increase of 24 percent, a…
Bakong-UPI cross-border QR code payment cooperation to attract more Chinese tourists
PHNOM PENH: The cross-border QR Code payment transactions through KHQR between Bakong’s network and UnionPay International's global QR Code acceptance network will expectedly contribute to attracting more Chinese tourists to…
Cambodia hopes RCEP, bilateral FTAs to boost exports of garment, footwear, travel goods
PHNOM PENH: Cambodia has pinned hopes on the Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral Free Trade Agreements (FTAs) to boost its exports of garment, footwear, and travel (GFT)…
FDI in Cambodia increases by 9% in Q1
PHNOM PENH: Foreign direct investment (FDI) in Cambodia amounted to 185.7 trillion Riel (Cambodian currency roughly US$45.8 billion), as of the first quarter of 2023, according to the National Bank…
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 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…
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 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,…
Cambodia’s international trade tops $23 billion in H1
PHNOM PENH: Cambodia’s international trade amounted to $23.69 billion in the first six months of this year, a 13 percent decrease compared to the same period last year, the General…