Cambodia has launched the Cambodia Enterprise Innovation Index (CEII) to enhance its innovation ecosystem and drive economic growth. The CEII, unveiled at a workshop in Phnom Penh, is a strategic tool developed by the Ministry of Industry, Science, Technology, and Innovation (MISTI) with ...
04th March 2025
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Cambodian migrant workers earn over $5 billion and sent nearly $3 billion in remittances back to their families in 2024, significantly contributing to the national economy. The Ministry of Labor and Vocational Training (MLVT) reported that 1.38 million Cambodians were ...
03rd March 2025
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A recent study by BMJ Public Health highlights that private healthcare services are utilized by 80% of the Cambodian population. The research underscores the dominance of private healthcare providers in the country, despite government efforts to enhance public healthcare ...
28th February 2025
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Cambodia's tourism sector is poised for significant growth, with the country aiming to attract up to 7.5 million international tourists in 2025. In 2024, Cambodia welcomed 6.7 million foreign visitors, a 23% increase from the previous year, generating $3.63 billion in revenue. The tourism sector contributed 9.4% to the country's GDP and created 510,000 direct jobs. Key attractions include UNESCO World Heritage sites such as the Angkor Archaeological Park and the Temple of Preah Vihear, as well as a pristine coastline stretching 450 km. The Ministry of ...
27th February 2025
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The e-commerce market in Cambodia has witnessed significant growth, reaching a market value of $1.12 billion. This remarkable expansion is fueled by the increasing adoption of digital platforms by businesses and consumers, as well as the government's supportive policies and infrastructure development initiatives. The market's upward ...
26th February 2025
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Cambodia's securities market has shown remarkable growth, reflecting the country's economic resilience and investor confidence. The Cambodia Securities Exchange (CSX) has reported a substantial increase in trading activity at approximately $130,000, with an ...
25th February 2025
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The National Bank of Cambodia (NBC) has reported that the country's banking system remains resilient and progressive despite global economic challenges. The NBC highlighted the robustness of the banking sector, which has demonstrated high levels of liquidity and capital. The central bank ...
24th February 2025
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The Cambodian government has committed more than $2 billion to social protection initiatives to support vulnerable populations and reduce poverty. This substantial investment has been distributed across various programs, including healthcare, education, ...
21st February 2025
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The Cambodian government is taking significant steps to enhance the protection of intellectual property rights (IPR) in the country. Recognizing the importance of IPR in fostering innovation and economic growth, the government is implementing various measures to strengthen the legal framework and enforcement mechanisms. These efforts include updating ...
20th February 2025
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The National Bank of Cambodia (NBC) has raised the country's growth forecast for the fiscal year 2025 to 6.2%. This optimistic outlook is driven by strong domestic demand, robust export performance, and increased foreign direct investment (FDI). The NBC highlighted that the tourism sector's recovery, particularly ...
19th February 2025
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