As the protracted Ukraine crisis and international geopolitical tensions continued to stifle global consumer demand and impede trade growth, Cambodia saw an average annual inflation rate of 1.9% in the first quarter of 2023, down from 5.9% a year earlier and 3.2% ...
30th June 2023
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Both deposits and loans experienced rapid growth in 2022. The total number of loan accounts increased by 9.3% YoY, and the gross loan portfolio increased by 18.3% YoY to USD 6,422mn, slightly above ...
29th June 2023
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In place of industry and agriculture, according to the gross domestic product (GDP) composition, the service sector is predicted to overtake them as Cambodia's largest sector, according to Prime Minister ...
29th June 2023
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Spain's imports of clothing from Cambodia, which saw significant rise the previous year, have maintained their upward trend in the first four months of this year. From January to April of this year, imports significantly increased by 19.2% to $326.6 million from the ...
28th June 2023
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The Cambodia Sustainable Bond Accelerator was introduced in March by the Global Green Growth Institute (GGGI), the Securities and Exchange Regulator of Cambodia (SERC), the Economic and Social Commission for Asia and the Pacific (ESCAP), ...
27th June 2023
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After Deputy Prime Minister Aun Pornmoniroth made a suggestion to Prime Minister Hun Sen, the Royal Government of Cambodia (RGC) issued a sub-decree to establish the General Department of Digital Economy, which will exclusively function under the Ministry of Economy and Finance (MEF), to ...
26th June 2023
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The most recent report from the Ministry of Tourism states that Cambodia earned $1.41 billion from foreign tourists in 2022 and $650 million more was earned by domestic tourists. Additionally, the country's GDP was contributed by the tourist industry by around 3.6%. A total of 2.28 million foreign visitors ...
23rd June 2023
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According to Kong Vibol, Director General of the General Department of Taxation (GDT) intends to use blockchain technology to further improve Cambodia's tax collection system. Vibol revealed this at the "Tax Updates" session held at Oakwood Premier Phnom Penh and sponsored ...
22nd June 2023
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senior official of the Asian Development Bank (ADB) stated that the health of regional waters is of particular importance given their impact on lives, livelihoods, and climate-related disasters. Cambodia's share of the ocean economy to its Gross Domestic Product (GDP) is sixth among ...
21st June 2023
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Cambodian goods exports to Thailand reached $480.236 million in the first five months of 2023, up 9.47% YoY from $438.705 million and up 84.47% half-on-half (compared to July-November 2022) from $260.33 million, according to Customs (GDCE). According to provisional ...
20th June 2023
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