The Regional Comprehensive Economic Partnership (RCEP) free trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have injected a new impetus into the Cambodia-China trade, a Cambodian official said on Thursday. China is currently the largest trading partner of Cambodia, according to official figures from Cambodia. Cambodian Ministry of Commerce’s undersecretary of state and spokesman […]
Read MoreIn the last five years, the banking sector attracted more than $4 billion in foreign investment, which is equivalent to 21 percent of the total foreign investment in Cambodia, according to a report on the key achievements of the Cambodian government from 2017 to 2021. The foreign investment in the banking sector was $1.8 billion […]
Read MoreCambodian economy will grow at 5.1 percent this year and 6.2 percent in 2023, according to the Ministry of Economy and Finance. The forecast followed the preliminary assessment of the macroeconomic situation of Cambodia by the International Monetary Fund (IMF) mission here. Regarding the assessment of the economic and financial situation in the country, Alasdair […]
Read MoreCambodia exported more than $300 million worth of bicycles to international markets in the first four months of 2022, an increase of 54 per cent year-on-year, according to latest figures from the Ministry of Commerce. Data shows that from January to April 2022, Cambodia’s bicycle exports amounted to $306.47 million. The US was the biggest […]
Read MoreCambodia exported goods for a total of $7,606 million in the first four months this year, a 32 percent increase over the same period last year, data from the General Department of Customs and Excises showed. From the January to April period, the US was the biggest market for Cambodia’s exports with a total of […]
Read MoreThe International Labour Organization (ILO) estimates that as many as 93% of those who are employed in Cambodia are part of the informal economy, while the share in Myanmar and Indonesia, two other Southeast Asian countries, is as high as 85%. According to a recent report by the Asian Development Bank (ADB), other estimates point […]
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