Cambodia’s Exports to Korea Skyrocket, Surging 2048% in 2023
In a remarkable surge, Cambodia’s exports to the Republic of Korea soared to US$26.21 million in 2023, marking a staggering increase of 2048% compared to the previous year’s US$1.22 million. This substantial growth underscores the robust trade relationship between the two nations, facilitated by the CKFTA agreement. The data, disclosed by the Spokesperson of the […]
Cambodia’s Exports Surge to Nearly US$12 Billion Under New Government within Six Months
Cambodia’s export trade has soared to impressive heights under the leadership of the new government, with a remarkable trade volume of US$11.8 billion recorded from September 2023 to February 2024. This figure reflects a substantial increase of 16.57% compared to the corresponding period last year. PM Samdech Hun Manet disclosed these statistics during the plenary […]
China’s Property Investment Sees 9% Decline in the First Two Months, Still Down but Slower than Last Year
Property investment in China witnessed a 9.0% year-on-year decline in the first two months of 2024, a notable improvement from the 24.0% fall recorded in December 2023, according to data from the National Bureau of Statistics (NBS). Similarly, property sales by floor area experienced a 20.5% slide in January-February compared to a year earlier, showing […]
Marking its 40th Anniversary, Bentley Systems Announces CEO Transition Plan
COO Nicholas Cumins to be Promoted to CEO July 1, 2024, as Greg Bentley will Transition to Executive Chair London – March 21, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board […]
Aeon Mall Denies Rumours of Fourth Outlet, Reaffirms Transparency
Aeon Mall (Cambodia) Co., Ltd. unequivocally refuted speculations surrounding the development of a fourth Aeon Mall project in Cambodia, particularly Aeon Mall IV, according to a press release issued on March 22, 2024. The company clarified that no plans have been initiated for the construction of a new outlet, dismissing recent rumours propagated on social […]
SSEZ Records 38% Surge in Trade Volume, Reaching $628 Million in Two Months
In a remarkable surge of economic activity, the Sihanoukville Special Economic Zone (SSEZ) has reported a staggering trade volume of US$628 million in the first two months of 2024, marking a significant 38.3% increase compared to the corresponding period last year. This notable achievement underscores the SSEZ’s pivotal role as a thriving hub for international […]