Business News

Cambodia’s Potential Agricultural Products See Significant Surge in Export in 2024

AKP Phnom Penh, February 04, 2025 -- Cambodia saw a significant surge in the export of agricultural products last year, driven by potential agricultural products including rice, cassava and cashew nuts. The main products Cambodia exported in the said period included rice, bananas, mangoes, cas...

Cambodia’s Trade with ASEAN Up 12.4 percent in 2024

AKP Phnom Penh, January 28, 2025 -- Cambodia’s trade volume with other ASEAN member states reached US$15.69 billion in 2024, up 12.4 percent from US$13.96 billion in the previous year, a report from the Ministry of Commerce showed. The country exported US$5.07 billion worth of products to ASEA...

Cambodia’s GFT Exports See Strong Growth in 2024

AKP Phnom Penh, January 28, 2025 -- Cambodia exported a total of US$13.92 billion worth of garment, footwear, and travel goods (GFT) in 2024, a significant increase of 23 percent compared to 2023, according to a report from the Ministry of Commerce. The report said that the garment export was...

Polish Multifood Group Eyes Investment in Cambodia

AKP Phnom Penh, January 27, 2025 -- LipCo Foods, a leading Polish multifood group, has explored potential investment opportunities in Cambodia in food processing. Visiting Mr. César Lipka, CEO of LipCo Foods, paid here on Jan. 27 a courtesy call on H.E. Sun Chanthol, Deputy Prime Minister and...

Cambodia’s Ports See Growth in Container Throughput Last Year

AKP Phnom Penh, January 27, 2025 -- Cambodia's two state-owned ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), saw a remarkable growth in revenue in 2024, according to an annual report of the Ministry of Public Works and Transport. PAS handled 9.60 million ton...

MoUs Signed to Boost Cashew Nut and Mango Exports

AKP Phnom Penh, January 24, 2025 -- Two local agricultural processing companies – Kirirom Food Production Co., Ltd. and Ample Agro Product Co., Ltd. – have signed separate memorandums of understanding with Malaysia’s Trackintech Solutions SND BHD on cooperation to strengthen and expand internatio...

Ministry of Commerce Expands Cashew Nut Market to Japan

AKP Phnom Penh, January 22, 2025 -- The Ministry of Commerce has sought to expand market for Cambodian cashew nuts to Japan. H.E. Samheng Bora, Secretary of State at the Ministry of Commerce and Chairman of the Export Promotion Task Force, along with H.E. Nam Lynal, Under Secretary of State at...

Cambodia’s Export to RCEP Reaches US$9 Billion in 2024

AKP Phnom Penh, January 21, 2025 -- Cambodia exported US$9,060 million worth of products to the Regional Comprehensive Economic Partnership (RCEP) countries in 2024, up 12.7 percent from US$8,038 million in 2023, a report from the Ministry of Commerce shows on Jan. 21 . At the same time, the K...

PPAP Sees Increasing Container Throughput in 2024

AKP Phnom Penh, January 16, 2025 -- The listed-Phnom Penh Autonomous Port (PPAP), the second largest port in the country, witnessed remarkable growth in container throughput last year, according to a Business Outcome filed to the Cambodia Securities Exchange. The PPAP handled container through...

China Remains Cambodia’s Largest FDI Source

AKP Phnom Penh, January 13, 2025 -- China has been Cambodia’s largest source of foreign investment, accounting for almost 50 percent of the total investment amount last year, according to a report from the Council for the Development of Cambodia (CDC). Figures from the CDC showed that th...

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