Kingdom exports cashew nuts to China’s Henan

Kingdom exports cashew nuts to China’s Henan

Cambodia has successfully exported cashew nuts for the first time to Henan Province, China, after two fruitful meetings in July and August between Cambodian government officials, air freight companies and buyers. The Ministry of Agriculture, Forestry and Fisheries (MAFF) announced the exports on Sunday. According to an official release, the exports were finalized after a […]

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Cambodia: A Thriving Hub for Foreign Investment

Cambodia: A Thriving Hub for Foreign Investment

PHNOM PENH: Cambodia’s economy has consistently demonstrated remarkable growth, averaging 7% annually in the decade preceding the COVID-19 pandemic. Despite global challenges, the country’s economy is projected to expand by 5.2% in 2023, solidifying its position as a dynamic investment destination (General Department of Public-Private Partnerships, GDPPP) . The Cambodian government has created a business-friendly […]

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Cambodia’s trade with RCEP countries reaches $22.92 billion in the first eight months of 2024, reflecting 17.2% growth

Cambodia’s trade with RCEP countries reaches $22.92 billion in the first eight months of 2024, reflecting 17.2% growth

Cambodia’s trade volume with Regional Comprehensive Economic Partnership (RCEP) countries soared to 22.92 billion U.S. dollars in the first eight months of 2024, marking a 17.2% increase compared to 19.55 billion dollars during the same period last year. This was revealed in the General Department of Customs and Excise report on Saturday. Trade with RCEP […]

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Cambodia’s RCEP trade up 17.2% in 8 months of 2024

Cambodia’s RCEP trade up 17.2% in 8 months of 2024

Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) countries reached $22.92 billion in the first eight months of 2024, up 17.2% from $19.55 billion over the same period last year, said the latest report from the General Department of Customs and Excise on Saturday. The country’s trade volume with fellow RCEP members accounted for 62% of its $36.94-billion total […]

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DPM Sun Chanthol expects more Japanese investment companies in Cambodia

DPM Sun Chanthol expects more Japanese investment companies in Cambodia

A high-ranking Cambodian official is highly optimistic that more Japanese investment companies will target Cambodia as their investment hub. Sun Chanthol, Deputy Prime Minister and First Vice President of Council for the Development of Cambodia (CDC), made the remarks in Pursat province this morning while he was presiding over the groundbreaking ceremony for the construction […]

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Golden Years Ahead: Cambodia’s Demographic Opportunity

Golden Years Ahead: Cambodia’s Demographic Opportunity

Prior to the 1970s, most Asian populations were very young. However, this demographic profile has shifted significantly, with several Asian countries now poised to become “super-aged.” Cambodia is well-positioned to capitalize on this demographic change. The country’s population is entering a period of rapid economic growth, fueled by a growing cohort of working-age individuals (30-49). […]

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Sihanoukville Airport’s environmental commitment gains new recognition

Sihanoukville Airport’s environmental commitment gains new recognition

Under the Airport Carbon Accreditation (ACA), introduced in 2009 on the initiative of the Airports Council International Europe (ACI EU), Sihanouk International Airport has been upgraded to Level 3 certification of a program aimed at reducing greenhouse gas emissions while engaging stakeholders to curb their own emissions. Earlier this year, Phnom Penh International Airport, also […]

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