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Cambodia eyes free trade agreement with Japan

Minister of Commerce Pan Sorasak urged all relevant parties to work together on the possibility of establishing a free trade agreement between Cambodia and Japan following a remarkable surge in exports of Cambodian products to Japan this year. The minister was speaking at a seminar, attended by businessmen and entrepreneurs from both countries, on trade […]

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Cambodia exports reach $9.18 billion in five months

Cambodia’s exports in the first five months of 2023 were worth $9.18 billion, down 2.4 percent from $9.41 billion for the same period last year, according to a General Department of Customs and Excise report. The country’s main exports were apparel, footwear, travel goods, bicycles, and agricultural products such as rice, rubber, cassava, bananas, and […]

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Factories expand across Cambodia

Factories and enterprises have expanded to almost the 25 provinces and capital in Cambodia. The remarks were made by Prime Minister Hun Sen while paying a visit to some 16,500 workers and employees from 12 factories and enterprises in Tram Kak district, Takeo province on Sunday. “[…] Phnom Penh really needs investment, but if all […]

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Tighter global financial conditions may impact Cambodia

Tighter-than-expected global financial conditions could have widespread adverse effects on the East Asia and Pacific (EAP) region, including Cambodia, according to the World Bank’s ‘Global Economic Prospects – June 2023’. The tighter financial conditions could stem from a combination of further global banking sector turmoil and heightened investor risk aversion or from tighter-than-expected monetary policy […]

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