Economy and Finance
Malaysia Strengthens Agricultural Ties with Cambodia Through Investment in Fresh Milk Production
In a significant step towards enhancing agricultural cooperation, Malaysia has announced plans to invest in fresh milk production in Cambodia. This development was unveiled during a key meeting between Cambodia’s Minister of Agriculture, Forestry and Fisheries HE Dit Tina, and Malaysia’s Minister of Agriculture and Food Security, HE Datuk Seri Haji Mohamad bin Sabu. During the discussions, the ...
Read MoreCambodia to Expand Industrial & Economic Zones by 2024
As part of its ongoing economic development strategy, Cambodia is poised to have a total of 20 industrial parks by 2024, with operational factories situated across five capital cities and provinces. This expansion represents an increase of three industrial parks, or 17.65%, compared to the previous year, according to the 2024 Work Results Report and the 2025 Work Directions published by the Minist...
Read MoreCompanies Raise USD 475 Million in Capital Markets, Promising Growth Ahead
As of February 2025, listed companies in Cambodia have successfully raised a total of USD 475 million from the capital market, according to HE Hong Sok Hour, CEO of the Cambodia Securities Exchange (CSX). During his address at the ACLEDA Bank subordinated bond listing ceremony on 24 February 24, HE Hong announced that CSX currently features 24 listed companies, comprising 11 equity securities a...
Read MoreUSAID’s Withdrawal Paves the Way for China’s Expanding Influence in Cambodia & ASEAN
The abrupt freezing of USAID funding under the Trump administration has halted vital infrastructure and development projects across Southeast Asia, leaving a geopolitical vacuum that China is poised to fill. With USAID’s cessation, critical services in Cambodia—including healthcare, education, and demining efforts—face significant disruption. The United States, which allocated nearly USD 68 billio...
Read MoreCambodia Government Facilitates Import Exemptions for Construction Projects
In a significant move to boost investment in the construction sector, the Cambodian government has announced a new procedure to exempt imports of construction materials from customs duties, special taxes, and state-paid value-added tax. This initiative targets investment projects registered with the Capital-Provincial Investment Subcommittee and is detailed in Inter-Ministerial Prakas No. 070 MEF....
Read MorePhilippines Investors Eye Cambodian Rice Imports
In a significant step towards bolstering agricultural trade, Arvin International Marketing Inc., a leading Philippines company, has expressed a keen interest in importing high-quality rice from Cambodia. This announcement follows a meeting between HE Cham Nimol, Cambodia's Minister of Commerce, and Mrs Azucena L. Yao, Chairman of the Board of Directors of Arvin International, held in Manila. HE...
Read MoreCambodia’s Stone Processing Industry Flourishes with USD 90 Million in Revenue in 2024
In a noteworthy development for Cambodia’s economy, the stone processing sector has emerged as a significant contributor, generating an impressive USD 90 million in revenue in 2024. This remarkable achievement highlights the industry's growth potential and its critical role in the national budget. As the Ministry of Information reported on 16 February 2025, Cambodia currently boasts 68 stone pr...
Read MoreCambodia’s Small & Medium Enterprises Flourish in 2024
In a promising development for Cambodia's economy, the Ministry of Industry, Science, Technology, and Innovation has reported significant growth in the country's small and medium enterprises (SMEs) within the industrial sector. As of 2024, nearly 1,300 SMEs have registered, indicating a robust entrepreneurial spirit within the nation. According to the recent report on the ministry's accomplishm...
Read MoreThailand Accelerating Major Projects to Become Largest Transportation Hub in ASEAN
Thailand is accelerating efforts to become the leading transportation hub in Southeast Asia by developing major infrastructure projects, including cruise ship terminals, a new airport, and flyovers. Deputy Minister of Transport Manaporn Charoensri emphasised the country's strategic geographic location, which positions it as a central transit point in the region. Key initiatives include construc...
Read MoreMinistry of Economy and Finance Predicts Cambodia’s Economic Growth at 6.3% in 2025
In a promising forecast for the nation, Cambodia’s Ministry of Economy and Finance has announced a projected economic growth of 6.3% for the year 2025. This optimistic outlook, unveiled during a public forum on macroeconomic management and the 2025 budget law, is attributed to robust performance in key sectors, including apparel, textiles, agricultural exports, and services. The ministry's 2025...
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