2023 Cambodia-Indonesia trade volume reaches more than USD1 billion, an increase of 15%
In 2023, the trade volume between Cambodia and Indonesia reached more than USD1 billion, marking a 15% increase compared to the same period in 2022. This information was shared by Lok Chumteav Chamnimol, Minister of Commerce of Cambodia, during the opening ceremony of the “Hello Indonesia” exhibition on September 13, 2024. Lok Chumteav stated that […]
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 […]
Bentley Systems Acquires 3D Geospatial Company Cesium
EXTON, PA — September 6, 2024 — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has acquired 3D geospatial company Cesium. Cesium is recognized as the foundational open platform for creating powerful 3D geospatial applications, and its 3D Tiles open standard has been widely adopted by leading enterprises, governments, and tens of thousands of application developers globally. Cesium […]
Korean EV Firm Camko Motor to Establish Electric Car Assembly Plant in Cambodia for Global Export
Camko Motor and Camko Infracore are preparing to launch electric vehicle assembly operations in Cambodia, a strategic move that taps into the rapidly growing global demand for electric cars. This ambitious plan was revealed during a meeting between Samdech Techo Hun Sen and His Excellency Kim Jin-pyo, former Speaker of the National Assembly of the […]
Kazakhstan Eyes Boost in Trade with Cambodia, Targeting USD300 Million Milestone
Kazakhstan has announced an ambitious plan to expand its trade with Cambodia to USD300 million, with a longer-term goal of reaching USD1 billion. This development followed a high-level meeting between former Prime Minister Samdech Hun Sen and His Excellency Kanat TUMYSH, the newly appointed Ambassador of the Republic of Kazakhstan, on 5 September 2024. During […]