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ខ្មែរ 
Economy and Finance
Angkor Wat Ticket Sales Surge Nearly 29% to USD 41.9 Million in 2024
Cambodia’s Angkor Archaeological Park has recorded a significant revenue of USD 41,908,833 from ticket sales in the first eleven months of 2024, marking a significant 29% increase compared to the same period in 2023. The announcement was detailed in a report released by the Angkor Foundation on 1 December 2024. The report revealed that 898,339 foreign tourists visited the UNESCO World Heritage ...
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Siem Reap Angkor International Airport Welcomes 1.3 Million Passengers, Targets 2 Million in 2025
Siem Reap Angkor International Airport has welcomed over 1.3 million passengers in the first 11 months of 2024, with projections set to reach 1.4 million by the end of the year, marking a promising recovery in Cambodia’s tourism and aviation sectors. This milestone was shared by Lu Wei, Chairman of the Board of Directors of Siem Reap Angkor International Airport, during a meeting with HE Hem Va...
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ADB Approves USD 50m Loan to Boost Cambodia’s MSME Sector
The Asian Development Bank (ADB) has approved a USD 50 million loan to enhance Cambodia’s micro, small, and medium-sized enterprises (MSMEs), aiming to strengthen the business environment and reduce trade barriers in Southeast Asia. ADB Country Director for Cambodia, Jyotsana Varma, highlighted the MSME’s transformative potential: “By fostering the growth of these enterprises, we can attract in...
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Daikin Expands Operations in Cambodia, Paving the Way for Industrial Growth
Japanese air conditioning leader Daikin has officially expanded its operations in Cambodia, highlighting the nation’s growing appeal to international investors. The inauguration ceremony, held on 22 November 2024, was presided over by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, who applauded Daikin’s contribution to creating over 100 jobs and its plans for further work...
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Arabic Firm DP World Explores Investment Opportunities in Cambodia’s Transport & Industrial Sectors
DP World, a global leader in logistics and transport based in the UAE, has expressed strong interest in investing in Cambodia’s transport infrastructure and industrial park development, marking a pivotal step for the kingdom’s economic future. The announcement came during a meeting between PM Hun Manet and His Excellency Sultan Ahmed Bin Sulayem, Chairman of DP World, on 20 November 2024. Chair...
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Cambodia Achieves Record Cashew Production of 840k Tons in 2024
Cambodia’s cashew industry has witnessed remarkable growth, with 840,000 tons of cashew nuts produced in the first ten months of 2024, marking a 26% increase compared to the same period last year. This significant milestone, announced by Mr. Uon Siloth, President of the Cambodian Cashew Association, reflects the sector’s growing importance in the nation’s agricultural landscape. Of the total...
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Cambodia’s Mining Sector Attracts USD 2.764 Billion Investment Across 555 Licensed Operations
Cambodia’s mining sector continues to expand, with 555 registered mining licenses now active under the Ministry of Mines and Energy, driving a total investment of USD 2.764 billion and creating approximately 11,306 jobs. The ministry highlighted this significant growth during its annual meeting on 21 November 2024, underscoring the sector's vital role in national economic development. In 2024 a...
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Thai Office Space Vacancy Rate Rises 26.3%, Yet Thailand’s Richest Billionaire Optimistic on Market Demand Growth
Bangkok's office vacancy rate in prime Grade A buildings has soared to 26.3%, reflecting a growing oversupply, but Frasers Property Limited, led by Thailand’s wealthiest scion, is betting on the US-China trade feud to drive demand for office and industrial spaces across Southeast Asia, according to the Bangkok Post on 19 September 2024. With a USD 3.6 billion investment in the ‘One Bangkok’ pro...
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Cambodia Welcomes Over 7.8 Million Tourists During Three-Day Water Festival
Cambodia’s Royal Water Festival in 2024 attracted an impressive 7,844,388 tourists over three days, with Phnom Penh leading as the top destination, receiving 6,292,187 visitors. This remarkable turnout underscores the festival’s significance as a cornerstone of Cambodia’s cultural heritage, according to a report shared by Samdech PM Hun Manet on 18 November 2024. Of the total visitors, 7,755,09...
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Cambodia Records USD 505m in Iron & Steel Imports, Showing Gradual Recovery of Construction Sector
Cambodia imported iron and steel products worth USD 505 million in the first ten months of 2024, a significant 65% increase compared to USD 305 million during the same period in 2023. Data from the General Department of Customs and Excise (GDCE) revealed that imports for October 2024 alone reached USD 52.5 million, marking a 105% rise from USD 25.4 million in October 2023. Iron and steel acc...
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