Business News

Cambodia Earns Nearly US$500 Million from Milled Rice Export in 2024

AKP Phnom Penh, January 11, 2025 -- Cambodia exported some 651,000 tonnes of milled rice to international markets last year, a slight decrease of 0.7 percent from 656,000 tonnes in 2023, according to a report from the Cambodia Rice Federation. However, the Kingdom earned US$491 million from rice export in 2024, up 5.3 percent from US$466 mill...

Cambodia Attracts US$6.9 Billion Investments in 2024

AKP Phnom Penh, January 11, 2025 -- Cambodia attracted 414 investment projects worth US$6.9 billion in 2024, up 40 percent from US$4.92 billion in 2023, generating over 320,000 jobs, a report from the Council for the Development of Cambodia (CDC) showed. The new investment projects mainly focused on garment, travel goods and footwear sectors,...

Potential Agricultural Products See Remarkable Surge in Exports

AKP Phnom Penh, January 10, 2024 -- Cambodia saw a significant surge in export of potential agricultural products in the first 11 months in 2024. The main products Cambodia exported in the said period included rice, bananas, mangoes, cassava, cashew nuts, corn, pepper and tobacco. From January to November last year, the country earned US$1...

Cambodia’s Trade Up 16 Percent to Over US$54 Billion in 2024

AKP Phnom Penh, January 10, 2024 -- Cambodia’s international trade has seen a significant increase in 2024, growing by 16 percent to US$54.74 billion, from US$46.82 billion in 2023, a report from the General Department of Customs and Excise of Cambodia showed on Jan. 10. The Kingdom exported US$26.19 billion worth of goods to foreign markets,...

Cambodia’s Exports to RCEP Reach Over US$8 Billion in First 11 Months

AKP Phnom Penh, December 31, 2024 -- Total exports of Cambodia to the Regional Comprehensive Economic Partnership (RCEP) member countries saw a year-on-year increase by 14.4 percent to US$8.25 billion in the first eleven months of 2024, a report from the Ministry of Commerce pointed out. The country’s RCEP exports accounted for 33.9 percent o...

Cambodia Earns about US$1,150 Million from Cashew Nut Export in 2024

AKP Phnom Penh, December 30, 2024 -- This year, Cambodia exported more than 800,000 tonnes of cashew nuts, earning some US$1,150 million, up 31 percent from the previous year. The figures were shared by Mr. Uon Siloth, President of the Cambodian Cashew Association, adding that most of the Cambodian cashew nuts were exported to Vietnam. Acc...

US$6.9 Billion-worth Investment Projects Registered in 2024

AKP Phnom Penh, December 20, 2024 -- The Council for the Development of Cambodia (CDC) approved a total of 414 investment projects in 2024, up 54 percent from 268 projects last year, according to a report released on Dec. 20. The approved investment projects had a total investment capital of US$6,900 million, up 40 percent from US$4,927 milli...

Over 40 Investment Projects with US$940 Million Capital Approved by CDC in November

AKP Phnom Penh, December 06, 2024 -- The Council for the Development of Cambodia (CDC) endorsed 40 new investment projects and 3 production expansion projects with a total investment capital of US$940 million in November, generating some 39,000 job opportunities for the locals. Of the approved investment projects, 11 are located in special ec...

Cambodia Bags US$1.79 Billion in Revenue from Rice Export in 11 Months

AKP Phnom Penh, December 05, 2024 -- Cambodia has earned US$1,791 billion from paddy and milled rice exports in the first eleven months of this year, a report from the Cambodia Rice Federation showed on Thursday. From January to November, the Kingdom shipped some 575,562 tonnes of milled rice to 67 countries, earning US$413 million. China...

Kampong Thom Applauses First Processed Cashew Nut Export to Europe

AKP Phnom Penh, November 23, 2024 -- Kampong Thom, Cambodia's biggest cashew producer, cheers its historic export of processed cashew nuts to the European Union (EU) market by Mirarth GreenTech, a Japanese firm. In an official event to mark the landmark on Nov. 21, Kampong Thom Deputy Provincial Governor H.E. Nhek Ban Kheng highlighted that t...

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