The private sector selects three key measures to contribute to the development of the automotive industry in Cambodia
The private sector has selected three of the top 20 priority measures to contribute to developing Cambodia’s automotive and electronics industry. This is according to the press release on the results of the second meeting of the Advisory Council for the Development of Automotive and Electronics Sector, chaired by the Council for the Development of […]
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 […]