The Royal Government of Cambodia has committed to implementing a comprehensive cross-ministerial action plan that will make it easier for investors to set up automotive and electrical businesses in Cambodia and increase the cost-competitiveness of their operations. Cambodia’s goal will be to move up the value chain into more complex and higher value-added components in […]
Read MoreOver the past decade, Cambodia’s sustained economic success has been mainly due to traditional markets such as textiles, construction, agriculture and tourism sectors. However, the Covid-19 pandemic has exposed the fragile nature of these markets, resulting in cross-ministerial calls for greater market variety. In a statement released prior to the ‘Automotive and Electronics Sector Roadmap […]
Read MoreThe Ministry of Economy and Finance (MEF), which launched its new strategy for the Garment, Footwear and Travel Goods (GFT) sector, pinpointed two areas of interest it sees as structural issues that need to strengthen the industry. An upgrade in the quality of production into higher-end goods and the adoption of more environmentally sustainable production […]
Read MoreKnight Frank’s Cambodia Real Estate Highlights in the second half of 2021 predicts 5.5 per cent economic growth in 2022. There was “a notable uptick in activity in the Cambodian real estate and construction sectors during H2 2021” due to the cautious optimism in business sentiment, according to a report. Cambodia Real Estate Highlights-2nd half […]
Read MoreCambodia earned more than $77 million from the export of rubber and rubberwood in the first two months of this year, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). Last year, Cambodia obtained more than $611 million from rubber and rubberwood exports. The country exported 366,300 tonnes of rubber and 454 cubic metres […]
Read MoreSoutheast Asia a very fertile ground for digital payments innovation, (BIS) Innovation Hub executive says A lot of room to grow in the internet economy in Southeast Asia, says the National Bank of Cambodia Cental banks in several Southeast Asian countries are exploring the use of digital currencies to enhance payments efficiency and to encourage start-ups and […]
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