Economic and finance
Cambodia’s Trade Volume Surges, Exceeds USD 25 Billion in First Five Months of 2025
In a noteworthy development for the Cambodian economy, trade volume between Cambodia and its international partners has surpassed USD 25 billion in the first five months of 2025, marking an impressive increase of 18.5% compared to the same period last year. This information is detailed in a recent report from the General Department of Customs […]
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Cambodia’s Banana Exports Flourish as China Remains Top Market
In a significant boost to its agricultural sector, Cambodia exported a remarkable 260,000 tons of fresh bananas in 2024, with a staggering 95% of this yield headed for the Chinese market. This surge in banana exports highlights Cambodia’s growing influence in the international agricultural arena. To date, Cambodia boasts 21,000 hectares dedicated to yellow banana […]
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Cambodia’s Agriculture Sector Set to Boost GDP Significantly by 2024
In a promising outlook for the Cambodian economy, the agriculture sector is projected to contribute nearly 17% to the country’s gross domestic product (GDP) by 2024, amounting to an impressive USD 7.82 billion. This information was unveiled in a recent press release following a meeting of the National Assembly and Senate on agriculture held on […]
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Strengthening Support for Informal Economy Workers in Cambodia
On 26 May 2025, a significant partnership was established between the Cambodian Ministry of Labour and Vocational Training and the Japan International Labor Fund (JILAF) with the signing of a Memorandum of Understanding in Tokyo, Japan. This collaboration aims to bolster the livelihoods of workers in Cambodia’s informal economy through enhanced vocational training and support […]
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Cambodia’s Port Revenues Surge in Q1 2025
Cambodia’s two major state-owned ports, the Sihanoukville Autonomous Port (PAS) and the Phnom Penh Autonomous Port (PPAP), have reported impressive revenue growth in the first quarter of 2025, totalling approximately USD 40 million. According to a recently filed report with the Cambodian Securities Exchange, Sihanoukville Autonomous Port, the country’s largest seaport, generated a substantial revenue […]
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Cambodia Lowers Economic Growth Forecast Amid Tariff Policy Impacts
The Government of Cambodia has revised its economic growth projections for 2025 and 2026, anticipating a decline to approximately 5%. This adjustment comes in light of the anticipated repercussions of a recent tariff policy primarily affecting the export-oriented service sector. Prior to the announcement of these tariffs by the United States, Cambodia’s economy showed promising […]
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Cambodia & Australia Strengthen Ties with Investment & Trade Commitment
In a significant step towards enhancing bilateral relations, Cambodia and Australia have pledged to explore new strategies for expanding investment and trade cooperation. This commitment was solidified during a meeting held on 19 May 2025, between HE Hun Manet, Prime Minister of Cambodia, and Ms. Frances Adamson, Premier of South Australia. The discussions highlighted key […]
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Takeo Province Leads the Charge in Job Creation & Investment Attraction
Takeo province is making significant strides in attracting investment, with nearly 800 factories currently operating, creating substantial job opportunities for the local population. HE Wei Samnang, Governor of the Takeo Provincial Government, emphasized this commitment during a meeting with over 500 workers in Por Pel commune, Tram Kak district, on 18 May 2025. During the […]
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Cambodia & United States Commit to Expanding Bilateral Trade Relations
In a significant move to bolster economic ties, Cambodia and the United States have engaged in constructive discussions focused on enhancing bilateral trade and investment. This initiative was highlighted during a series of meetings on 15 May 2025, involving HE Deputy Prime Minister Sun Chanthol, U.S. Congresswoman Carol Miller, and Senator Tammy Duckworth. During […]
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Yazaki Expands Investment Plans in Cambodia
Yazaki Corporation, a renowned Japanese firm specializing in wire assembly, has announced its ambitious plans to further expand its investment in Cambodia. This move comes as the company celebrates over a decade of successful operations in the country. During a recent meeting, Mr. Yoshimoto Ito, the Deputy CEO of Yazaki, discussed these expansion plans […]
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