The airports in Cambodia are set to benefit from the easing of travel restrictions announced by China last month, according to VINCI Airports. VINCI, which operates three airports in Cambodia, said in a statement: “The easing of travel restrictions in the first quarter of 2023 announced by the Chinese authorities should benefit these Asian airports […]
Read MoreThe US continued to be the biggest export destination of Cambodia in 2022 as the Kingdom shipped goods worth $8.9 billion to the country, 19.7 percent more compared to 2021. However, Cambodia’s exports to China with $1.2 billion last year showed a 17.9 percent decline for the same period. While the US share in the […]
Read MoreThe National Bank of Cambodia (NBC) has forecasted that the country’s Gross Domestic Product (GDP) is expected to grow around 6 percent in 2023, said the latest report released by NBC. The growth would be supported by garment and non-garment manufacturing products that are estimated to grow by 6.9 percent and 14.3 percent respectively. The […]
Read MoreCambodia’s footwear products are likely to see a drop in purchase orders early this year due to the prolonged war in Ukraine, the Cambodia Footwear of Cambodia said. The association called for more promotion and diversification in the market. Export of products, bags and footwear in 2022 increased moderately compared to 2021. However, in 2023 […]
Read MoreAs the freight services are on the decline, the freight rates that are reasonable at present, are likely to fall, said the Cambodian Logistics Association (CLA). But the future scenario that depends on various factors, like the growth of the economy and domestic and international transportation, cannot be assessed now, it added. “After the Cambodian […]
Read MoreCambodia’s Tourism Minister Thong Khon said on Wednesday that China’s optimization of its pandemic control policies will give new momentum to tourism growth in Cambodia and the rest of the world. “On behalf of the government and the Ministry of Tourism, I would like to welcome the return of Chinese tourists to Cambodia,” he told […]
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