· 374 articles
The Cambodian government’s public debt stock remains sustainable, according to the latest Cambodia Public Debt Statistical Bulletin. The total public debt stock is $10.23 billion as of March 2023, with 67% coming from bilateral Developing Partners (DPs), 33% from multilateral DPs, and 0.41% from public domestic debt. This debt is composed of various foreign currencies,…
In the face of global economic challenges, Cambodia’s foreign trade has shown signs of improvement, with exports rising and a narrowing trade deficit. The Kingdom’s international trade volume reached $19.293 billion in the first five months of 2023, a decrease from previous years but with promising developments in May. As the world grapples with the…
Discover the future of travel in Cambodia with Royal Group Samra Seaplane, the country’s first premium seaplane service, offering unparalleled convenience, luxury, and connectivity for locals and tourists alike. Experience breathtaking aerial views and seamless connections across Cambodia’s stunning landscapes, all while supporting sustainable practices and addressing critical needs in various sectors. Get ready for…
In a significant development for Cambodia’s automotive industry, renowned Japanese automaker Toyota is set to launch a state-of-the-art vehicle assembly plant in the Royal Group Phnom Penh Special Economic Zone. Slated for completion in July, this major investment underscores Cambodia’s growing appeal as an investment destination. In addition, the prestigious French jewelry brand will also…
Cambodia witnessed a significant increase in the export of electrical and electronic equipment in the first four months of 2023, earning $979.06 million, a 94.24% year-on-year growth from $504.039 million, and a 36.72% half-on-half increase compared to July-October 2022’s $716.11 million. These figures are according to the provisional Customs (GDCE) data in “International Merchandise Trade…
CART TIRE Co., Ltd., a subsidiary of China’s SAILUN GROUP, is investing $562 million in a tire production facility in Cambodia’s QiLu Special Economic Zone, located in Svay Rieng province. The factory is set to produce 1.6 million tires per year for export, tapping into Cambodia’s large labor force and low-cost natural rubber from local…
The Council for the Development of Cambodia (CDC) has approved 65 fixed asset investment projects worth over $588 million during the first four months of this year. Chinese investors have emerged as the largest source of foreign direct investment (FDI) in Cambodia, accounting for 73.5% of the total FDI in the country. Chea Vuthy, Deputy…
Explore Cambodia’s impressive economic growth projections for 2023 and beyond, with a focus on increasing GDP growth rates driven by manufacturing, services, and agriculture sectors. Learn about the opportunities for investors in this emerging regional powerhouse. As we step into 2023, Cambodia’s economic outlook has never been more promising. The World Bank (WB) recently revised…
Cambodia is showcasing its agricultural and industrial products under the “One Village, One Product” program at the Morodok Techo Stadium during the 32nd Southeast Asian Games (SEA Games). More than 200 local products are being displayed at stalls inside the stadium complex, according to Suong Noy, Secretary-General of the national committee for promoting the program.…
According to Statista.com, Cambodia’s e-commerce market is on a steady growth trajectory, with revenue projections reaching US$1,097.00 million in 2023. This growth is set to continue at an annual rate of 12.83% (CAGR 2023-2027), resulting in a projected market volume of US$1,778.00 million by 2027. In comparison, China is expected to generate the most revenue…
In Cambodia, the entrepreneurial spirit of women has the potential to power the country towards a brighter, more prosperous future. With the majority of micro, small, and medium enterprises (MSMEs) owned by women, there is a wealth of untapped potential that, if nurtured and supported, can drive significant economic growth and social progress. However, there…
Cambodia Investment Review (CIR) and the Trust Regulator (TR) have signed a Memorandum of Understanding to raise awareness and promote the trust market in Cambodia. The partnership aims to bridge the gap between complex financial regulations and the general public by providing accurate and reliable information through news and educational articles, fostering a transparent and…
Cambodia has unveiled an ambitious plan to seek $30 billion in investment funds for 150 prioritized infrastructure development projects between 2022 and 2030. Minister of Public Works and Transport, Sun Chanthol, revealed the details during a recent launching event for a project aimed at enhancing regional freight connectivity for Southeast Asia. The Cambodian government has…
