Business and Market
Cambodia & 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 20 February 2025, between Samdech Khuon Sudary, President of the National Assembly of Cambodia, and HE Nguyen Minh Vu, Ambassador Extraordinary and Plenipotentiary of Vietnam...
Read MoreCambodia’s Trade Volume Surges Past USD55 Billion in 2024
In a remarkable display of economic growth, Cambodia's trade volume surpassed USD 55 billion in 2024, marking a substantial increase compared to the previous year. This data comes from the latest export-import trade report released by the General Department of Customs and Excise of Cambodia, reflecting a robust and favorable trajectory for the nation's economy. The report highlights that in 202...
Read MoreMalaysia 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 & 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 Cambodian Mine Action Center (CMAC) and Japan On The Road launched the initiative on 24 February 2025. HE Heng Ratana, Royal Government Delegate in charge of CMAC, stated that the ...
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 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 MoreAustralian Business Delegation Eyes Investment in Key Sectors of Cambodia
In a significant move to bolster economic cooperation, a delegation from the Australian Business Association has announced plans to invest in four pivotal sectors in Cambodia: trade, mining, ports, and agricultural technology. This initiative aims to enhance bilateral relations and support the country's economic growth. During a high-profile meeting held in Sydney on 17 February 2025 with Cambo...
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...
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