Indonesia Commits to Boost Investment in Cambodia as Trade Reaches USD 1 Billion
In a significant diplomatic engagement, His Excellency Santo Damosumato, the Ambassador of the Republic of Indonesia to the Kingdom of Cambodia, expressed his country’s commitment to attracting more investment to Cambodia. This announcement was made during a meeting with Mr. Kuoch Chamroeun, the Governor of Kandal Provincial Council, on March 6, 2025. Ambassador Damosumato’s remarks […]
Strengthening Economic Ties: Cambodia and India Boost Trade Relations
In a move to elevate bilateral trade relations, Cambodia and India have reported a significant increase in their trade volume, now exceeding $340 million. This announcement was made during separate discussions between Samdech Techo Hun Sen, the Acting Head of State of Cambodia, and H.E. Bawitlung Vanlalvawna, the Indian Ambassador to Cambodia, as well as […]
Cambodia-Thailand Trade Relations Soar to New Heights in 2024
In a significant boost to regional trade relations, the trade volume between Cambodia and Thailand reached an impressive USD 10 billion in 2024. This increase, marking a rise from USD 8 billion in the previous year, underscores the strengthening economic ties between the two neighboring countries. During a pivotal meeting on March 11, 2025, Samdech […]
EU Delegation Explores Investment Opportunities in Sihanoukville
A European Union delegation comprising representatives from 12 member states met with local authorities in Sihanoukville to explore potential investment avenues in the region as it seeks to enhance economic ties and contribute to key sectors. The meeting featured HE Long Dimanche, Deputy Governor of Sihanoukville Province, who welcomed the delegation led by Mr. Andreas […]
Cambodia’s Tourism Soars with Impressive Revenue from Ticket Sales
Cambodia is celebrating a significant boost in tourism as the country rakes in over USD 13.55 million from ticket sales in just the first two months of 2025. According to a report released by the Angkor Foundation, the magnificent temples of Angkor continue to attract visitors from around the globe, reaffirming Cambodia’s status as a […]
Slow Credit Growth in Cambodia’s Banking Sector in 2024
In 2024, Cambodia’s banking system experienced slow credit growth, reaching only 3 percent. This modest increase is attributed to the sluggish recovery of key sectors such as construction, real estate, tourism, as well as wholesale and retail businesses. A report released by the National Bank of Cambodia (NBC) on February 22 revealed that the total […]