Cambodia’s Economic Growth To Accelerate In 2024, Fueled By Manufacturing And Tourism, Says ADB

Cambodia’s Economic Growth To Accelerate In 2024, Fueled By Manufacturing And Tourism, Says ADB

Cambodia’s economy is forecast to grow at 5.8 percent in 2024 and 6.0 percent in 2025, fueled by a further rebound in tourism and strong manufacturing prospects, according to the latest edition of the Asian Development Bank’s (ADB) flagship economic report released on April 11. “Despite global economic challenges, Cambodia’s economy performed well in 2023,” […]

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Kampot’s seahorse statue grabs limelight

Kampot’s seahorse statue grabs limelight

Drawing parallels to Singapore’s iconic Merlion, the half-man half-lion sculpture that has become synonymous with the city-state, the newly unveiled statue of a seahorse has shot to national prominence. The hitherto unheralded small town of Kampot now boasts of a tourist attraction as emblematic as the Merlion. The statue standing at a height of 8 […]

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Manhattan SEZ, SJ Group mull expansion in key areas

Manhattan SEZ, SJ Group mull expansion in key areas

Manhattan Special Economic Zone, the largest Chinese economic site in Cambodia and Surbana Jurong Group (SJ Group), a Singaporean SEZ development institution have jointly unveiled a master plan to expand business operations in priority sectors like agriculture, green energy, transportation and logistics. Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council of the […]

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Cambodia’s exports surge 18% in Q1

Cambodia’s exports surge 18% in Q1

Showing signs of a clear recovery, Cambodia’s exports reached $6.26 billion in the first quarter (Q1) of the year, a surge of 18 percent compared to the same period last year, according to the trade data released by the General Department of Customs and Excise (GDCE) yesterday. Cambodia’s imports too went up, reaching $6.23 billion […]

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