In 8 months, Cambodia-ASEAN trade volume reached over USD10 billion, an increase of more than 11%
In the first eight months of 2024, Cambodia’s trade with ASEAN countries reached over USD10 billion, marking an increase of more than 11% from the same period in 2023. According to a report from the General Department of Customs and Excise published by the Ministry of Information on September 27, 2024, Cambodia exported about $3.43 […]
Cambodia’s Trade Volume with RCEP Surges to Nearly $23 Billion in 8-Month Period, Up 17%
Cambodia’s trade relations with the Regional Comprehensive Economic Partnership (RCEP) witnessed substantial growth in the first eight months of 2024, reaching an impressive USD 22.92 billion, a 17.2% increase compared to the USD 19.55 billion recorded during the same period last year. This spike in trade highlights Cambodia’s deepening economic integration with RCEP member countries, […]
Cambodia’s Construction Material Imports Surge to USD 1 Billion, a 21% increase 8 Months of 2024
Cambodia’s import of construction materials hit USD 1.063 billion in the first eight months of 2024, marking a 21.58% increase compared to the same period last year. Despite this significant rise, the country’s construction sector is expected to experience a slower recovery, as highlighted by a recent report from both the General Department of Customs […]
PPAP Port Collects Over USD 27 Million in Eight Months, Marking a 15% Growth
In a remarkable performance, Phnom Penh Autonomous Port (PPAP) collected more than USD 27 million in revenue during the first eight months of 2024, reflecting a 15% increase compared to the same period last year. This boost, driven primarily by port operations and services, showcases the port’s robust contribution to Cambodia’s growing economy, as confirmed […]
Apple Commits USD250 Million on New Campus in Singapore Aiming to Expand Market in ASEAN
Apple has announced a USD 250 million expansion of its Ang Mo Kio campus in Singapore, reinforcing its presence in Southeast Asia with construction set to begin this year, according to Thailand-business-news dated 04 September 2024. The project will utilize 100% renewable energy and target LEED certification, highlighting Apple’s dedication to sustainability. The announcement, made […]
Cambodia Achieves First Airborne Export of Cashew Nuts to China’s Henan Market
In a milestone for Cambodia’s agricultural sector, the country successfully exported 2 tons of premium cashew nuts by air to Henan Province, China, marking its first-ever cashew shipment to this key Chinese market. The initial consignment, exported on 22 September 2024, was the result of intensive cooperation between Cambodian and Chinese officials following meetings in […]