Cambodia Inaugurates National Customs School as the 11th Asia-Pacific Training Center
The inauguration ceremony was led by His Excellency Dr. Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, and attended by various national and international guests. The National Customs School was designated the “11th Asia-Pacific Training Center” of the World Customs Organization at the 143/144 Customs Cooperation Council Meeting in June 2024 […]
Malaysia and Cambodia Unveil Cross-Border QR Payment Linkage
In a major milestone for regional digital payments, Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have successfully launched a cross-border QR payment linkage between Malaysia and Cambodia, aiming to connect over five million merchants across both countries, according to Asianbankingandfinance dated 20 September 2024. This ambitious initiative, which reached the end […]
Chinese Firm to Revolutionise Cambodia with Cutting-Edge 3D AI Display Technology
A leading Chinese company specialising in 3D-AI-free digital display technology has announced plans to invest in Cambodia, bringing advanced 3D displays that require no glasses, integrated with 5G technology. The move signals an exciting new chapter for Cambodia’s tech landscape, with the Ministry of Information confirming the development on 16 September 2024. During a high-level […]
Cambodia-Indonesia Trade Volume Surpasses USD1 Billion in 2023 with a 15% Growth
In a significant boost for bilateral relations, Cambodia and Indonesia achieved a trade volume exceeding USD1 billion in 2023, marking a robust 15% increase compared to the previous year. Lok Chumteav Chamnimol, Cambodia’s Minister of Commerce, shared these insights during the “Hello Indonesia” exhibition on 13 September 2024. The Minister emphasised that this remarkable growth […]
Cambodia Sees 59% Surge in Iron and Steel Imports, Totalling Over USD404M in 2024
Cambodia’s iron and steel imports soared by 59.2% in the first eight months of 2024, with the country importing more than USD404 million worth of these materials, a substantial increase from just over USD254 million during the same period in 2023. These figures were reported by the General Department of Customs and Excise on 10 […]
Cambodia’s Trade Volume Surges to Over USD36 Billion in First Eight Months of 2024, Marking a 16.5% Growth
Cambodia’s trade volume reached an impressive USD36 billion in the first eight months of 2024, marking a significant 16.5% growth compared to the same period in 2023. This robust increase underscores Cambodia’s growing economic activity and strengthened position in global markets, according to the General Department of Customs and Excise of Cambodia. The country’s export […]