Cambodia’s economic growth is expected to reach 6.2 percent, and inflation will remain at a moderate level of 2.6 percent in 2025, according to an annual report from the National Bank of Cambodia (NBC) released on Monday. NBC’s projections are higher than the World Bank’s forecast that Cambodia’s Gross Domestic Product (GDP) growth will marginally […]

Rath Saravuth, Secretary of State at the Ministry of Commerce, received a courtesy call on 17 February from Jimmy Panetta, United States Representative from the Democratic Party, along with his colleagues during their official visit to Cambodia. During the meeting, the Secretary of State warmly welcomed the U.S. delegation and exchanged views on trade relations […]

A tyre manufacturer, Double Star, purchases between 50,000 and 60,000 tonnes of local rubber annually to supply its tyre production chain at its factory in Cambodia’s Kratie province. Double Star’s management reported this information during a recent visit by over 50 journalists. The journalists, representing more than 20 institutions and led by Puy Kea, President […]

The national flag carrier Air Cambodia inaugurated its new flight service to Thailand offering daily flights using Airbus 320 or 321 aircraft. The first flight took place on February 17 carrying more than 300 passengers for the first round-trip. Passengers were warmly welcomed with souvenirs on the first flight. “We sincerely express our gratitude for […]

Cambodia’s exports to the United States surged to nearly $870 million in January 2025, up 38 percent compared to the previous year, according to a recent report from the General Department of Customs and Excise of Cambodia. The report stated that in January alone, the US remained Cambodia’s largest export destination, followed by Vietnam ($278 […]

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, received Zhang Chaomin, Chairman and CEO of Infinite Capital Holdings (ICAP), at the Peace Palace yesterday. During the meeting, Zhang Chaomin briefed the Cambodian Premier on ICAP’s business operations, stating that the company has focused on investing in new materials, artificial intelligence (AI), semiconductors, and […]

Cambodia has earned $187 million from paddy and milled rice exports in the first month of this year, a report from the Cambodia Rice Federation showed last Friday. The Kingdom shipped 59,086 tonnes of milled rice abroad in January this year earning $48 million in revenue, read the report. Over 36,714 tonnes were exported to […]

Agriculture is a vital part of Cambodia’s cultural, social and economic tapestry. Although its share of the gross domestic product (GDP) – the total values of goods and services created in a country – has been gradually declining in recent decades, from 35.5% in 2000 to just 16.5% in 2022, the sector still plays a […]

The Cambodian Rice Federation announced that in January 2025, Cambodia exported 59,086 tonnes of milled rice, earning $48.03 million. According to the Cambodian Rice Federation, 39 rice exporters conducted these exports to 45 destinations, with 23 European countries receiving a total of 36,714 tonnes, valued at $29.79 million. Meanwhile, China, including Hong Kong and Macau, […]

In January 2025, Cambodia’s trade volume with the international market surpassed $5 billion, representing a 24.6 per cent increase compared to January 2024, when it exceeded $4 billion, according to a report from the General Department of Customs and Excise of Cambodia, accessed by Fresh News on 15 February. The report indicated that in January […]

Strategies to boost trade and economic relations between Cambodia and Europe were discussed as Tekreth Kamrang, Secretary of State of the Ministry of Commerce, received Salah Essa, Head of delegation and Honorary Consul of Cyprus with Honorary Consuls from Austria, Italy, Sweden, and the Netherlands. They exchanged views on mechanisms to promote bilateral trade relations […]

A technical skills training program in electric vehicles could help attract more Korean investors to Cambodia, said Heng Sour, Minister of Labor and Vocational Training (MLVT), during a meeting with Kim Jin-Pyo, former Speaker of the National Assembly of the Republic of Korea and Board Chairman of Global Together on Wednesday. During the meeting, both […]

Amid clean energy becoming a massive growth opportunity, experts say that Cambodia is well-positioned to become a champion of green energy manufacturing. According to them, the decline in the sale of solar panels last year is not a major cause of worry as it followed the expiration of the US preferential tariff for solar panels […]

Cambodia is expanding rice exports to the Philippines market, exploring export partners and buyers to form partnerships on rice trade cooperation. Kim Sreyroth, Under Secretary of State at the Ministry of Commerce, led a Cambodian delegation including representatives from the Cambodia Rice Federation to take part in the Cambodia-Philippines Rice Business Matching event on Tuesday […]

The Securities and Exchange Regulator of Cambodia (SERC) is collaborating with the Asian Development Bank (ADB) to establish a regulatory framework for digital assets in the country. During a virtual meeting on February 11, SERC Director General Sou Socheat, together with Deputy Director General Vin Pheakdey, Head of the regulator’s Fintech working group, engaged with […]

The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered 1,292 new small and medium enterprise (SMEs) in 2024, bringing the formally registered SMEs to 43,970 as of last year. The registration processes were made through various channels including online registration which the ministry has boosted to make registering through it easy and timely. Seventeen […]