Cambodia’s garment, footwear and travel goods industry has seen a 40-percent rise in exports in the first half of this year, according to a report from the General Department of Customs and Excise. The Southeast Asian nation exported the products totally worth $6.6 billion during the January-June period this year, up 40 percent from $4.72 […]
Read MoreCambodia saw its oil import increase in value in the first half of this year, amid the global increase in crude oil prices following the Russia-Ukraine war. The Kingdom imported $1,910 million worth of oil products in the January-June period of this year, a 25.8 percent increase compared to the same period last year, according […]
Read MoreCambodia will benefit significantly from the Phnom Penh-Sihanoukville expressway project such as faster and cost-efficient transport and logistics. The outlook was shared recently by Dr Ky Sereyvath, Director of the Institute of China Studies and an economist at the Royal Academy of Cambodia. The expressway connects Phnom Penh to the deep-sea port in Sihanoukville making […]
Read MoreThe Cambodian government’s stimulus packages of $665 million in total have mitigated the impact of Covid-19 pandemic on the country’s gross domestic product (GDP), unemployment rate, household income, consumption and poverty rate, according to a new research report. The government rolled out rapid cash transfers for the first time in June 2020 among other stimulus […]
Read MoreFollowing the global epidemic of Covid-19, the Sihanoukville Special Economic Zone has strived to secure production lines and to date it has attracted a total of 170 enterprises from Europe, the United States, China and Southeast Asia, and created nearly 30,000 jobs. On the occasion of the investment process at Ministry of Labor and Vocational […]
Read MoreBoth pacts are well-timed intervention in Cambodia’s quest for a Least Developed Country graduation, likely by 2028 and the country’s planned endeavour to achieve the upper-middle income and high-income status by 2030 and 2050 respectively Xinhua – The Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have provided wider exporting […]
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