Home Cambodia Economy

Indonesia-Cambodia trade grows to $492M

Feb 5th at 08:54
05-02-2018 08:54:58+07:00

Indonesia-Cambodia trade grows to $492M

Bilateral trade between Cambodia and Indonesia amounted to $492.7 million in the first 11 months of last year, a 23 percent increase compared to the same period in 2016, according to a report from an Indonesian state-run news agency.

Indonesian Antara reported the growth in bilateral trade on Saturday, noting that Indonesia had invested primarily in the fields of culinary arts, housing, transportation and infrastructure improvements in Cambodia. The news came at the end of a three-day visit by Cambodian Minister of Foreign Affairs Prak Sokhonn, who left Indonesia on Saturday.

phnompenh post

MOST READ

NEWS SAME CATEGORY

Business Insider: China investment boon comes with a price
ECONOMY Feb 5th at 08:53

Business Insider: China investment boon comes with a price

As Chinese investment has flooded into the Kingdom, many local business owners have seen their profits start to fall. The Post’s Cheng Sokhorng sat down with Ho...

Charges against foreigners over ‘pornography’ latest blow to Siem Reap businesses
ECONOMY Feb 1st at 08:23

Charges against foreigners over ‘pornography’ latest blow to Siem Reap businesses

It has been a tough year for many Siem Reap business owners, and the highly publicised arrest earlier this week of 10 Western tourists over a purportedly indecent...

Local businesses see opportunity as well as loss as Golden Sorya gets a facelift
ECONOMY Jan 30th at 07:59

Local businesses see opportunity as well as loss as Golden Sorya gets a facelift

The renovation of Golden Sorya Mall, the semi-open air plaza on Phnom Penh’s Street 51 known for its seedy atmosphere, has split nearby businesses into two camps:...

Spike in Chinese visitors drives tourism boom
ECONOMY Jan 26th at 07:35

Spike in Chinese visitors drives tourism boom

The number of Chinese tourists visiting Cambodia grew by 46 percent last year as China leapfrogged Vietnam to become the top country of origin of visitors to the...

New business software launches in the Kingdom
ECONOMY Jan 25th at 08:02

New business software launches in the Kingdom

The two-month pilot program for Sustainability Map, a new software tool intended to help business owners monitor their suppliers and track sustainability, has...

Hong Kong gaming group links up with Cambodia casinos
ECONOMY Jan 22nd at 08:34

Hong Kong gaming group links up with Cambodia casinos

Hong Kong-based TGG Takara Gaming Group, an open-source and interactive gaming platform, has announced that it is entering Cambodia through two new partnerships...

Business Insider: Uber Cambodia ready for competition
ECONOMY Jan 22nd at 08:32

Business Insider: Uber Cambodia ready for competition

As technology use has proliferated among Cambodians, businesses have sometimes struggled to keep up. The Ride-hailing app Uber announced a new general manager in...

MoU to aid women in business is signed
ECONOMY Jan 22nd at 08:30

MoU to aid women in business is signed

The American Chamber of Commerce of Cambodia (AmCham) signed a memorandum of understanding (MoU) with the Cambodian Women’s Entrepreneurial Association (CWEA) on...

Vietnamese-funded market on border begins construction
ECONOMY Jan 17th at 08:53

Vietnamese-funded market on border begins construction

Construction began yesterday on a $2 million Vietnamese-funded market located in Tbong Khmum province’s Memot district, about 1 kilometre from the nearest border...

Unions and companies alike unhappy with draft changes to law on worker contracts
ECONOMY Jan 16th at 07:49

Unions and companies alike unhappy with draft changes to law on worker contracts

Both unionists and private sector representatives are unhappy with draft amendments to Cambodia’s Labour Law, which would overhaul the regulations surrounding...

Read More

MOST READ

Back To Top