The Kingdom of Cambodia has emerged as the 20th-ranked power in the region, improving by two places from last year, according to the fifth edition of the Asia Power Index 2023. The position in the index, which measures a country’s resources and influence to rank the relative power of states, reflects the standing of Cambodia […]
Read MoreThe Cambodia Rice Federation (CRF) has set export targets for the nation at 750,000 tonnes of milled rice in 2023 and one million tonnes by 2025. This represents an over 50 percent increase compared to the export figure in 2022. According to CRF President Chan Sokheang, the federation has also set a goal to facilitate […]
Read MoreThe average value of Riel between buy and sale in the domestic foreign exchange market fell 0.6 percent to 4,115 riel per dollar in November 2022 from 4,140 riel per dollar in October, while the official exchange rate declined slower by 0.46 percent to 4,122 riel per dollar from 4,141 riel per dollar, according to […]
Read MoreCambodia’s exports to the European Union (EU) last year were worth $4.045 billion—a more than 25 per cent hike from the $3.229 billion registered in 2021, according to the ministry of commerce. Cambodia-EU trade was worth $4.857 billion last year, rising by 15.9 per cent from $4.190 billion in 2021. The country’s imports from the […]
Read MoreIn the ongoing economic recovery in Southeast Asia, including Cambodia, post-Covid-19 pandemic, the demand for construction materials like cement is increasing year by year. The government measures to improve and build physical infrastructure are only adding to raising the demand. The demand for cement will continue to grow in the next 10 years, says the […]
Read MoreThe Laotian central bank and the Soramitsu firm signed an MOU to launch the project to expand financial inclusivity and provide sellers with faster settlement. Japanese financial software firm Soramitsu has announced the signing of a memorandum of understanding with the Bank of the Lao People’s Democratic Republic Payment Systems Department on the launch of […]
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Thailand
