Cambodia attracted 39 fixed-asset investment projects worth $294 million in the first quarter of 2023, generating some 47,000 new jobs, a report of the Council for the Development of Cambodia said Monday. “During the January-March period this year, China is the top foreign investor to Cambodia, accounting for almost 70 percent ($201 million) of the […]
Read MorePrime Minister Hun Sen said yesterday that the small and medium enterprises (SME) have played an important role in boosting economic growth in Cambodia, generating jobs for people, and contributing to poverty reduction. In a meeting with about 5,000 SMEs yesterday, the Prime Minister lauded the remarkable SME development through the supply of domestically produced […]
Read MoreCambodia’s international trade decreased 14.5 percent to $11.3 billion in the first quarter of 2023, according to a report from the General Department of Customs and Excise yesterday. Cambodia exported a total of $5.4 billion worth of goods from January to March this year, a decrease of 5.7 percent from the same period last year, […]
Read MoreThe Cambodian government has continuously implemented reforms to overcome challenges to attract more foreign direct investment, a senior official at the Ministry of Economy and Finance said. Shortage of skilled labour, limited inputs for production, high cost of energy and logistics, and limited commercial facilitation procedures are among the issues the government needs to address, […]
Read MoreNational Bank of Cambodia has been consistently taking steps to increase the use of riel in different parts of the country. There have been encouraging signs in the usage of riel by different sections of society in their day-to-day life. However, the world economy, which showed signs of recovery for a while after the devastating […]
Read MoreXinhua – China’s optimization of its anti-Covid-19 strategy and resumption of its outbound group tours earlier this year has revived the tourism industry in countries around the world, Cambodian government chief spokesman Phay Siphan has said. In an interview with Xinhua, Siphan said with a population of more than 1.4 billion, China is the most important […]
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