Cambodia must reshape its export strategies to meet strict European Union guidelines as the Kingdom loses the benefits of Least Developed Country (LDC) status, says a key UN body advising on the transition. Cambodia will lose benefits such as tariff and quota exemptions when it graduates from LDC status in 2029. “Re-calibrating Cambodia’s growth model […]
Cambodia recorded a 129.7 percent rise in the export of car tyres in 2024, said a General Department of Customs and Excise report on Monday. The Southeast Asian country exported car tyres worth $874.6 million last year, an increase of 129.7 percent from $380.6 million in the year before, the report said. Ministry of Commerce […]
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $34.52 billion in 2024, up 17.7 percent from $29.32 billion the year before, said an official report on Monday. The kingdom’s exports to fellow RCEP member countries were valued at $9.06 billion last year, up nearly 13 percent from $8.04 billion a year […]
Trade volume between Cambodia and China soared to over $15 billion from January to December 2024, a 23 percent increase compared to the same period the previous year, according to a recent report from the General Department of Customs and Excise of Cambodia (GDCE). GDCE’s trade data showed that bilateral trade volume between Cambodia and […]
Improving the country’s infrastructure remains one of the key formulas to promote Cambodia as a standalone tourist destination, according to subject experts. According to them, boosting overall infrastructure will make even remote destinations within the country accessible, carving out a fresh image for the country on the global tourism map. Speaking to Khmer Times, Naveen […]
Stay connected with Airtel’s international roaming plans as you embark on a timeless adventure through Cambodia, ensuring seamless communication while exploring the country’s top 10 places to visit, from ancient temples to vibrant cities. Cambodia’s tourist places pack more history into their compact size than most of its neighbours. Anchoring the country is the temple city of […]
Cambodia’s Siem Reap province, home to the famous Angkor temples and Phnom Penh capital, has been named Asia’s Best of the Best Destinations 2025 by Tripadvisor, a world-known online platform for travellers. Among the 25 Best Destinations in Asia for 2025, Siem Reap’s cultural province was ranked 5th, while Phnom Penh, the heart of Cambodia, […]
The exports of the enterprises located inside the Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) saw a significant increase in 2024 with a record high value of $1,880 million, up 16 percent from $1,621 million in 2023. “We take immense pride in contributing approximately 7 percent to Cambodia’s total export value of $26,664 million, […]
Senate President Hun Sen Friday said that Cambodia and Malaysia must strive to push their trade volume to $2 billion amid enhancing economic exchanges, trade, investment, and tourism between the two countries. The suggestion was made during a meeting between Mr Hun Sen and Tan Sri Dato Dr Johari bin Abdul, Speaker of Malaysia’s House […]
Cham Nimul, Minister of Commerce (MoC), Saturday encouraged the private sector to explore investment opportunities in the Kingdom’s electric vehicle (EV) sector to boost the national economy as well as address environmental concerns. The Minister noted that the development of the EV sector has brought a range of benefits, including job creation for citizens, adding […]
The National Committee for Coastal Management and Development of Cambodia, the Ministry of Land Management, Urban Planning and Construction (MLUPC), and the National Coastal Area Working Group of Preah Sihanouk, Kampot, and Kep Provinces continue efforts to enhance the 2,700-meter beach in Kep Province and promote the quality of Prek Treng Beach in Preah Sihanouk […]
Key insiders said the good progress of Cambodia’s garment, footwear, and travel (GTF) exports is a significant positive sign for the Cambodian economy, social stability, and decent work standards environment. The latest trade data from the General Department of Customs and Excise of Cambodia (GDCE) showed that GFT exports earned $13.74 billion in 2024, up […]
Cyprus is “in the final stage” of preparation to join Europe’s Schengen zone, President Nikos Christodoulides said on Saturday. Speaking at a meeting of the European People’s Party in Berlin, he said his government now has as its “main goal” integration into the Schengen zone, and that it has “done a lot of work to […]
Following a successful year in 2024 that saw foreign tourist arrivals exceed expectations, the Ministry of Tourism has set an ambitious target of attracting up to more than 7 million international tourists in 2025. “The ministry has set a strategic plan in targeting to attract up to 7.2 million or 7.5 million foreign tourists in […]
The World Bank’s latest Global Economic Prospects report has forecast Cambodia’s GDP growth at 5.5 percent for this year and next year — up from an estimated 5.3 percent last year. Released in Washington on Thursday, the annual report ranks Cambodia among the fastest-growing emerging markets and developing economies in East Asia—ahead of China, Indonesia, […]
Cambodia has showcased its tourism potential at the ASEAN Travel Exchange (TRAVEX) in Malaysia, sharing insights into the country’s rich cultural and natural attractions, and highlighting the Kingdom’s readiness to welcome international tourists in 2025. In a press briefing held at the ASEAN Travel Exchange (TRAVEX), in Johor Bahru, Malaysia, Ouk Sam Ath, Deputy Director […]