PHNOM PENH: The World Bank’s latest Global Economic Prospects report has forecast Cambodia’s GDP growth at 5.5 percent for this year and next year — up from an estimated 5.3… Read More »World Bank Sees Cambodia’s Growth at 5.5 Percent in 2025 and 2026
PHNOM PENH: Over the past few decades, Cambodia has experienced transformative growth, moving from a country known for its rich cultural heritage to an emerging economic hub in Southeast Asia.… Read More »Emerging Giant: How Cambodia is Following in Singapore’s Footsteps
PHNOM PENH: Cambodia’s manufacturing sector is experiencing significant growth, driven by increased foreign investment and a rise in exports. As of June 2024, the country boasts over 44,417 factories, employing… Read More »Over 1 Million Employed as Cambodia’s Manufacturing Surges, Garment Exports Up 18.4%
PHNOM PENH: Cambodia has taken a major step forward in revitalizing its tourism industry by establishing the Cambodia Tourism Board (CTB). On June 27, 2024, Prime Minister Hun Manet signed… Read More »Cambodia Launches New Tourism Board to Boost Industry with Public-Private Partnership
PHNOM PENH: Cambodia’s construction industry is experiencing mixed signals, according to a recent World Bank report. While there’s a positive trend with a significant increase in imports of essential building… Read More »Material Boost Lifts Cambodia’s Construction Industry Despite Property Slump
PHNOM PENH: According to yesterday’s meeting of the Ministry of Land Management, Urban Planning and Construction (MLMUPC), the Ministry has achieved a remarkable milestone in resolving land disputes across Cambodia.… Read More »Ministry Achieves 85% Resolution Rate in Land Dispute Cases
PHNOM PENH: Cambodia’s Ministry of Land Management, Urban Planning and Construction (MLMUPC) recently met with the Cambodian Microfinance Association (CMA) to discuss collaboration in the real estate sector. According to… Read More »DPM Say Samal Underscores CMA’s Importance in Addressing Sluggish Real Estate Sector
PHNOM PENH: According to the latest report from the World Bank, consistent with improved goods exports, employment in the manufacturing sector is expanded. After some easing in labor market conditions… Read More »Cambodia’s Booming Manufacturing Creates 50,000 New Jobs Fueled by GTF
PHNOM PENH: Since 2023, the Association of Southeast Asian Nations (ASEAN) has overtaken the EU to become Cambodia’s second-largest export market. According to the latest reports from the World Bank,… Read More »ASEAN Becomes Cambodia’s Second-Largest Export Market, Led by Agricultural Growth
PHNOM PENH: The World Bank is approving a $275 million credit to support Cambodia’s transition towards achieving sustained, high-quality economic growth, according to a press release issued yesterday on AKP.… Read More »World Bank Backs Cambodia’s Shift Towards High-Quality Growth with a New $275 Million Credit
PHNOM PENH: A new report by the World Bank this month paints a picture of a sluggish Cambodian property development sector in the first quarter of 2024. The value of… Read More »World Bank Report: Cambodia’s Property Development Stalls After Brief Rebound
