Cambodia has emerged as the world's second-largest producer of raw cashew nuts, with a total output of 830,000 tonnes in the first seven months of 2024. This surge in production is largely due to cashew crops adapting well ...
19th August 2024
See More
Cambodia's General Department of Taxation (GDT) reported $43.6 million in e-commerce value-added tax (VAT) revenue during the first seven months of 2024, with $6 million collected in July alone. Since April 2022, the country ...
16th August 2024
See More
Korea ranks as the second-largest source of Foreign Direct Investment (FDI) in Cambodia, with over 40% of its total investment concentrated in the banking and financial sectors, according to Korean Ambassador Park Jung-Wook. During a meeting ...
15th August 2024
See More
Cambodia's garments, footwear, and travel goods (GFT) exports surged by 17.95% YoY in the first seven months of 2024, generating $7.5 billion in revenue, as reported by the General Department of Customs and Excise (GDCE). This marks ...
14th August 2024
See More
Over 15% of Cambodia's 17.6 million population has some form of insurance, either through private insurers or the government's National Social Security Fund (NSSF). The Insurance Association of Cambodia (IAC) ...
13th August 2024
See More
Cambodia's international trade volume surged by 15% YoY in the first seven months of 2024, reaching $31.18 billion, up from $27.1 billion during the same period last year. Exports climbed 14% YoY to $14.76 billion, while ...
12th August 2024
See More
A recent study conducted by the Cambodia Microfinance Association (CMA) and Micro-Credit Ratings International Limited (M-Cril) has identified Phnom Penh as having the highest access to formal savings in Cambodia, with 69% of its population holding a bank account. Following closely are provinces like...
09th August 2024
See More
The National Bank of Cambodia (NBC) reported a significant surge in local currency payments through the Bakong system, with a 180% YoY increase in 'Riel currency' transactions during the first half of 2024, totaling ...
08th August 2024
See More
Cambodia's two major public-listed ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), have announced their investment decisions for the initial 21-km phase of the Funan Techo Canal project. PAS will invest 26% ...
07th August 2024
See More
Cambodia is set to introduce an electronic visa payment system on September 1, aiming to increase foreign tourist numbers. The move eliminates the need for foreign tourists to wait in queues to make cash payments, which they previously had to manually fill out at embassies or consulates. The new management system, developed ...
06th August 2024
See More