Business News

Cambodia’s Exports to Vietnam Up Over 32% in First Ten Months

AKP Phnom Penh, November 13, 2024 -- Cambodia exported some US$2.9 billion worth of products to Vietnam in the first ten months of 2024, an increase of 32.1 percent compared to the same period last year, a report from the General Department of Customs and Excise of Cambodia revealed recently. The main exported products included garments, fabr...

Cambodia Earns Over US$1.5 Billion from Rice Export in Ten Months

AKP Phnom Penh, November 07, 2024 -- Cambodia has earned some US$1,560 million from paddy and milled rice exports in the first ten months of this year, according to a report from the Cambodia Rice Federation (CRF) released on Thursday. From January to October this year, the Kingdom exported 507,029 tonnes of milled rice to 66 foreign countrie...

CDC Endorses 31 Investment Projects Worth US$226 Million in October

AKP Phnom Penh, November 05, 2024 -- In October alone, the Council for the Development of Cambodia (CDC) endorsed 31 investment projects with a total investment capital of US$226 million, generating some 16,000 job opportunities for the local people. Of the said investment projects, ten are located in special economic zones (SEZs) and the oth...

Cambodia Launches Export Service Centre

AKP Phnom Penh, November 05, 2024 -- Ministry of Commerce has officially launched the Export Service Centre (ESC) to promote Cambodia's exports and expand the potential of Cambodian products to international markets. The launching ceremony took place at the ministry this morning under the presidency of H.E. Mrs. Cham Nimul, Minister of Commer...

Commerce Ministry to Hold "Cambodia Trade Expo CTE" in Mid-December

AKP Phnom Penh, November 04, 2024 -- The Ministry of Commerce is going to organise the "Cambodia Trade Expo CTE" on Dec. 13-16, 2024 at the PH Grand Hall Centre, Borey Peng Huoth Boeung Snor, Phnom Penh. Themed "Trade Renaissance," the CTE aims to promote trade and investment activities, private sector development, and global trade networks,...

Official Export Deal of Cambodia's Bird's Nest to China Being Firmed Up

AKP Phnom Penh, October 29, 2024 -- Cambodia and China are expediting formal procedures to export edible bird's nests from the former, ready with supply capacity, to the latter. According to the Director General of the General Department of Agriculture H.E. Ngin Chhay, the negotiations between the two countries have reached the final stage, w...

Cambodia’s RCEP Trade Amounts to Over US$25 Billion in First Nine Months

AKP Phnom Penh, October 23, 2024 -- Cambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) countries reached US$25.54 billion in the first nine months of 2024, up 17.1 percent over the same period last year, a report said on Wednesday. From January to September this year, the country exported US$6.76 billion worth of product...

Cambodia Earns US$335 Million from Rice Export in First Nine Months

AKP Phnom Penh, October 14, 2024 -- Cambodia exported a total of 445,913 tonnes of milled rice in the first three quarters of this year, earning some US$335 million in revenue, a report of the Cambodia Rice Federation said on Monday. Exported milled rice varieties included premium aromatic rice, fragrant rice, long grain white rice, parboiled...

NBC, Ant International Launch Collaboration on Cross-border QR Code Payment

AKP Phnom Penh, October 14, 2024 -- The National Bank of Cambodia (NBC) and Singapore-based Ant International have launched partnership on Cross-border QR Code Payment between Bakong and Alipay + (Plus). The launching ceremony was held here on Oct. 14 under the presidency of H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia, Mr....

Cambodia’s Exports Up 17 Percent in First Three Quarters

AKP Phnom Penh, October 10, 2024 -- Cambodia exported goods worth approximately US$19.8 billion during the first three quarters of 2024, up 17 percent from US$16.9 billion recorded in the same period last year, a report from the General Department of Customs and Excise of Cambodia showed on Thursday. At the same time, the Kingdom import...

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