The Kingdom of Cambodia and the Lao People’s Democratic Republic (Lao PDR) will boost their bilateral cooperation in tourism sector. This is the spirit of the visit to Lao PDR by an delegation of Cambodian tourism ministry and private sector led by Minister of Tourism Thong Khon from March 12 to 15. During the visit, […]
Read MoreCambodia’s public debt is still evaluated as controllable with a low risk of distress despite the country’s economy having been impacted by the Covid-19 pandemic and other external factors. As of the end of 2022, including the old debt, the Cambodian government has a total public debt of $9.99 billion, in which 99.82 percent or […]
Read MoreCambodia views 2023 as a pivotal year for attracting more foreign tourists. After the devastating impacts of the Covid-19 outbreak, the year should considerably assist Cambodia in overcoming the crisis that has enveloped the tourism sector, which is regarded one of the four pillars on which Cambodia’s economy is built. The country’s tourism industry earned […]
Read MoreBy 2030, Sihanoukville Autonomous Port (PAS) will be able to ship goods directly without any transit to the US and European Union (EU) markets, said Sun Chanthol, Minister of Public Works and Transports (MPWT) yesterday. The PAS, which is fast developing in three phases with financing support from Japan, will gear itself to receive larger […]
Read MoreCambodia’s exports of garments, footwear and travel (GFT) goods declined by nearly 25 percent in February 2023, compared to the same period in 2022, continuing a trend that started nearly six months ago raising fears of factory closures and job losses. While Cambodia exported GFT goods worth $986 million in February 2022, it managed to […]
Read MoreThe number of active manufacturing factories in Cambodia was 1,962 by 2022, a 28.4 percent increase from 1,528 factories in 2018, the Ministry of Industry, Science, Technology, and Innovation said in a report. In the five-year period, job creation increased from 973,129 in 2018 to 1.04 million in 2022. The ministry said that manufacturing output […]
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