Business and Market
IKEA Explores Expansion into the Cambodian Market
Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, […]
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Cambodia’s Trade Surges to USD 9.44 Billion in Early 2025
In a promising start to the year, Cambodia’s international trade volume soared to approximately USD 9.44 billion during the first two months of 2025, marking a remarkable 16.3% increase compared to the same period in 2024, according to a recent report from the General Department of Customs and Excise of Cambodia. Export activities also showed […]
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Indonesia Commits to Boost Investment in Cambodia as Trade Reaches USD 1 Billion
In a significant diplomatic engagement, His Excellency Santo Damosumato, the Ambassador of the Republic of Indonesia to the Kingdom of Cambodia, expressed his country’s commitment to attracting more investment to Cambodia. This announcement was made during a meeting with Mr. Kuoch Chamroeun, the Governor of Kandal Provincial Council, on March 6, 2025. Ambassador Damosumato’s remarks […]
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Cambodia-Thailand Trade Relations Soar to New Heights in 2024
In a significant boost to regional trade relations, the trade volume between Cambodia and Thailand reached an impressive USD 10 billion in 2024. This increase, marking a rise from USD 8 billion in the previous year, underscores the strengthening economic ties between the two neighboring countries. During a pivotal meeting on March 11, 2025, Samdech […]
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Cambodia and Vietnam Set Ambitious Trade Target of USD 20 Billion
In a significant commitment to enhance economic collaboration, Cambodia and Vietnam have pledged to elevate their bilateral trade to USD 20 billion in the coming years. This agreement was reached during a meeting on February 26, 2025, between Samdech Khuon Sudary, President of the National Assembly of Cambodia, and H.E. Nguyen Minh Vu, the Ambassador […]
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Cambodia’s Trade Volume Surges to Over USD28 Billion in 2024
In a significant boost to its economy, Cambodia has reported a trade volume exceeding USD 28 billion in 2024, marking an impressive 18% increase from the previous year. The latest import trade report from the General Department of Customs and Excise reveals a total import value of approximately USD 28.5 billion, reflecting robust growth in […]
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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, H.E. Dit Tina, and Malaysia’s Minister of Agriculture and Food Security, H.E. Datuk Seri Haji Mohamad bin Sabu. During […]
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Cambodia and Japan Collaborate to Create War Relic Recycling Facility for Souvenirs
In a spirit of inspiration to transform war relics into symbols of hope, Cambodia has joined hands with Japan to establish a war relic recycling facility that will pioneer the crafting of unforgettable souvenirs. The initiative was launched by the Cambodian Mine Action Center (CMAC) and Japan On The Road on February 24, 2025. His […]
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Companies 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 […]
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Cambodia 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.Prokas, issued […]
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