Concerns over the continuing economic impact of Covid-19, after the emergence of the highly-transmissible Omicron variant, have helped push Cambodia’s stock index down to its lowest close in nearly three years. The drop comes in spite of comments by Prime Minister Hun Sen yesterday that economic growth will accelerate in spite of Omicron. The Cambodia […]
Read MoreThe listed-Sihanoukville Autonomous Port has called for public bidding for the construction of its deep seaport terminal project after the layout-design of the port has been completed. Lou Kim Chhoun, Director General of Sihanoukville Autonomous Port, said that it is the first phase of expansion for the port. It is one of the three port […]
Read MoreCambodia exported $4.4 billion worth of agricultural products to foreign markets in the first eleven months this year. This ensured that agricultural sector remained one of the main movers of the Cambodian economy during the pandemic. Figures from the Ministry of Agriculture, Forestry, and Fisheries stated that from January to November, some 7.1 million tonnes […]
Read MoreThree Phnom Penh-based companies and Sihanoukville’s Ly Ly Kampong Seila Special Economic Zone Co Ltd have signed a memorandum of understanding (MoU) to design new investment projects in Sihanoukville Fintech Hub City. Continent Asset Management Co Ltd, PLMP Venture Capital Co Ltd and PropNex Cambodia Co Ltd inked the MoU with Ly Ly on November […]
Read MorePhnom Penh’s cost of living tumbled relative to other global cities in the Economist Intelligence Unit’s annual survey. The Cambodian capital fell 21 places to 92 in the 173-strong list. It scored 66 points with New York as the base city with 100 points. Parts of Asia still proved pricey with Singapore’s cost of living […]
Read MoreIssues with customs procedures and implementation of trade facilities policies raised by the private sector have been resolved, in what officials and private sector said the outcome will contribute to facilitating trade as the country reopened fully, economic social activities. The outcome was reached Tuesday in a meeting organised by the General Department of Customs […]
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