H1-2024, Cambodia earned nearly US$ 25M from ticket sales for Angkor, Koh Ker and boat rides
In the first half of 2024, Cambodia collected US$ 24,952,996 from ticket sales for Angkor, Koh Ker and boating. This is according to the report released by Angkor Institute on July 1, 2024. According to the report, in the first six months of 2024, 521,950 foreign tourists bought tickets to Angkor for a total of […]
The first shipment of 2,000 km from China to Cambodia by land was a success
A convoy consisting of seven Chinese trucks and passenger vehicles has completed a journey of over 2,000 kilometres from China to Cambodia. The convoy travelled through the Mekong sub-region, crossing Laos and Thailand before reaching its final destination in Phnom Penh. The Ministry of Public Works and Transport published news about the convoy’s successful arrival […]
750k SMEs in Cambodia Key Driver of Economic Growth, Contributing 63% to GDP and Employing Over 70% of Workforce
Cambodia has more than 750,000 small and medium-sized enterprises (SMEs) which play a pivotal role in the nation’s economy, contributing 63% to the gross domestic product (GDP) and employing more than 70% of the workforce. This significant contribution was highlighted by Samdech Hun Manet, PM of Cambodia, in his message on the occasion of the […]
Vietnam’s Trade Ministry Requests PM’s Approval on Cambodian Sand Imports to Address 2.3 Million m3 Demand
The Vietnamese Ministry of Industry and Trade has proposed to Prime Minister Phạm Minh Chính to import construction sand from Cambodia to address the country’s annual demand of 2.3 million cubic meters. This recommendation follows a feasibility study indicating Cambodia’s ability to supply sand for Vietnam’s long-term construction needs, as reported by Vietnamnews.vn on 24 […]
World Bank Approves US$275m Loan to Bolster Cambodia’s Economic Growth
The World Bank has approved a US$275 million loan package to support Cambodia’s long-term economic growth and resilience. The funding, sourced from the International Development Association (IDA), aims to drive reforms to enhance the competitiveness of the private sector and strengthen the country’s finances to assist the most vulnerable populations. This announcement was made by […]
Cambodia FDI In 2023: Real Estate Soars to Third Place
As of 2023, foreign direct investment (FDI) in Cambodia surged to 197.8 trillion KHR (US$48.4 billion), marking a 7.9% increase over the previous year. This substantial influx of investment was channelled into key sectors such as financial activities, manufacturing, real estate, accommodation, agriculture, energy, and construction, according to a recent report released on 18 May […]