English 
ខ្មែរ Economy and Finance
Phnom Penh Autonomous Port Earned Nearly US$20m in H1 2022, 29% Increase Y-o-Y
- 23 August 2022
During the first half of 2022, the Phnom Penh Autonomous Port (PPAP) earned nearly US$20 million in revenue, an increase of about 29% compared to the same period last year. PPAP Director General Hei Bavy said on 23 August that the increase in revenue is due to the increase in exports of Cambodian agricultural products, as well as the export of textile and garment products to foreign markets. ...
Read More
Ministry of Tourism Urges Direct Flights from Phu Quoc to Siem Reap
- 9 August 2022
The Ministry of Tourism is studying the possibility of making a new tourism scheme to boost Siem Reap’s tourism, by urging airlines to have more direct flights to Siem Reap from other major tourist destinations such as Phu Quoc. According to the meeting on Siem Reap-Angkor Tourism Management and Development on 08 August, the ministry has already begun work with relevant institutions and the pri...
Read More
Five Cement Plants in Cambodia Produce 4.6 million Tons of Cement in H1 2022
- 9 August 2022
Five domestic cement factories in Cambodia produced 4.6 million tons of cement in the first half of 2022, contributing to cheaper construction costs in the kingdom. The Ministry of Mines and Energy released this figure at a press conference at the Government Spokesperson’s Unit on 09 August. The ministry did not reveal figures for the same period last year but stated that by the end of 2021,...
Read More
Government bond issuance is expected in August or September this year
- 5 August 2022
The government is preparing to issue 1.2 trillion Riel (equivalent to US$300 million) government bonds in 2022 to raise capital from the stock market to develop the national economy. HE Meas Soksensan, Secretary-General, and spokesman for the Ministry of Economy and Finance stated that the government may issue the bond in August or September, while the ministry is currently finalizing procedure...
Read More
Gov’t Collects US$1.3bn in Tariffs in H1 2022, Construction Materials Account For US$80m
- 4 August 2022
During the first six months of 2022, the Customs and Excise Department of Cambodia collected total import tax of approximately US$1.3 billion, an increase of 12% y-o-y. Among all, tariffs, those on construction materials and other fees accounted for approximately US$79.2 million, or equivalent to 6.1% of total tariff revenue. The figures were shared during a work progress meeting of Customs ...
Read More
Naga Corp Earns Net Profit of US$52 million in H1 2022
- 3 August 2022
Hong Kong-listed NagaCorp Ltd, the operator of the casino resort monopoly in Phnom Penh, earned a total profit of US$52 million in the first half of 2022. The figures were mentioned in a filing dated 18 July to the Hong Kong Stock Exchange. The profit of US$52 million is a major increase compared to a US$77-million loss for the first half of 2021 when the resort was closed most of the time d...
Read More
NBC Forecasts Cambodia’s Economic Growth at 5.3% in 2022
- 3 August 2022
The National Bank of Cambodia (NBC) has projected that Cambodia’s economic growth in 2022 will be at 5.3% which is higher than the previously estimated rate of just 3%. The growth is due to the global economic recovery and the rapid resumption of economic activity, which will be supported by the garment sector, tourism, agriculture, and construction, the report added. NBC Governor HE Chea Ch...
Read More
Cambodia Imports US$1.27 billion in Construction Materials in H1 2022
- 1 August 2022
Imports of raw materials and construction materials to Cambodia were valued at US$1.27 billion in the first half of 2022, an increase of about 10% over the same period last year. A National Bank of Cambodia report showed that the import of construction materials ranks third after the import of raw materials for garments and fuel. NBC said in a report that the favourable domestic factors of t...
Read More
Evergrande’s Headquarter on Tender to Settle Its Crippling Debt
- 29 July 2022
The China Evergrande Group is calling for buyers to buy its US$1.7 billion Hong Kong headquarters, according to Nikkei Asia on 28 July 2022. CK Asset Holdings, founded by Hong Kong billionaire Li Ka-shing, has made a tender on China Evergrande Centre for US$1.7 billion, of which the price once has been on sale last year. CK Asset over worries that Evergrande's unresolved debt could complicate ...
Read More
Expert: Cambodia has Fastest Economic Growth in the World as GDP Grows 6.3% in 2022
- 27 July 2022
Cambodia's gross domestic product (GDP) will grow by 6.3% in 2022, which is one of the reasons why the country will become one of the fastest-growing economies in the world. This is according to Ivan Tan's forecast and remarks on fibre2fashion on 25 July 2022. Cambodia’s GDP will expand by 6.3% this year, higher than projections made by the World Bank, the International Monetary Fund and the As...
Read More