Cambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) member countries was valued at 24 billion U.S. dollars in the first nine months of 2022, up 11 percent from the same period last year, the Ministry of Commerce said in a report on Wednesday. Cambodia’s export to RCEP member countries reached 4.7 billion dollars during the […]
Read MoreLauding the Regional Comprehensive Economic Partnership (RCEP), Cambodian Prime Minister Hun Sen said it has strengthened the global value chains and protected the multilateral free trade system. The world is facing uncertainty due to the war in Ukraine, climate change, geographical situation, and trade and technology war, the Prime Minister said during the 10th anniversary […]
Read MoreThe personal loan market improved significantly in the third quarter of 2022, according to the Consumer Credit Index of the Credit Bureau Cambodia (CBC). In the third quarter, the number of consumer credit applications increased marginally from the second quarter, according to the latest report. The number of consumer credit applications, which shows that consumers […]
Read MoreThe Cambodian government is pushing for the establishment of more bilateral free trade agreements with main trade partners in a bid to access wider markets for the country’s products. Penn Sovicheat, under-secretary of state at the Ministry of Commerce, said that the more bilateral FTAs, the wider markets Cambodia can export products to. “When we […]
Read MoreSingapore has replaced China as the leading investing country in Cambodia in 2021, accounting for six projects, or 40 percent of Cambodia’s inward FDI, revealed the Investment Monitor’s ‘2022 Inward FDI Performance Index’, released recently. China, which held the top position in both 2019 and 2020, dropped to joint second, alongside the US, recording three […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP), the world’s biggest free trade deal, is all about win-win cooperation, not a zero-sum game, a Cambodian government official said in an exclusive interview with Xinhua. He added that the RCEP will provide tremendous benefits to all participating countries in the long run, as it facilitates free flows of […]
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