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Cambodia > Economy

Ministry to lose $60M a year in revenue

21/01/2019 09:13 | 0 comments

The Ministry of Commerce will lose $60 million in revenue annually after the government eliminated export procedures in a campaign to boost competitiveness, a senior official at the ministry has said.

Cambodia > Economy

Government to harness tech to increase economic growth

16/01/2019 14:02 | 0 comments

The government has formed a technical working group to formulate a digital economy policy which will function as a roadmap to boost the Kingdom’s economy through technological innovation, an official said on Tuesday.

Cambodia > Economy

New Year’s Eve celebrations draw tourists to the Kingdom

04/01/2019 09:56 | 0 comments

The Kingdom’s major tourism destinations attracted more than a half a million tourists during the New Year’s Eve celebrations, bringing the total number of tourists nationwide to three million, according to Ministry of Tourism figures.

Cambodia > Economy

Cambodian national bank predicts 7% growth for 2019

04/01/2019 09:54 | 0 comments

Cambodia's economy is predicted to remain resilient and maintain a high growth rate this year in the face of challenges posed by the global economy, according to a National Bank of Cambodia (NBC) press release.

Cambodia > Economy

Outlook good for the Kingdom’s agro sector

03/01/2019 10:10 | 0 comments

Buoyed by year on year growth, the Kingdom’s agriculture sector remained positive about its growth potential this year, despite the looming threat of EU safeguard measures hanging over the country’s rice industry.

Cambodia > Economy

Number of casinos jumps by 53% in 2018

02/01/2019 10:27 | 0 comments

Cambodia granted 52 licences to casinos last year, bringing the total awarded to 150 at the end of 2018, thanks largely to a surge in gambling businesses in the Kingdom’s Preah Sihanouk province.

Cambodia > Economy

Angkor hosts 2.6M visitors

02/01/2019 10:22 | 0 comments

The Angkor Archaeological Park welcomed nearly 2.6 million international visitors last year, generating more than $100 million in revenue, a statement from the state-run Angkor Enterprise released on Tuesday said.

Cambodia > Economy

Report: Kingdom’s total exports increase to $10 billion this year

25/12/2018 09:29 | 0 comments

The Kingdom’s total exports for this year increased more than 23 per cent from last year to $10.36 billion, led by garments and agro-products, according to the Ministry of Commerce’s annual report.

Cambodia > Economy

Expert: Kampot attractive for investment

24/12/2018 13:21 | 0 comments

Over the last year, Kampot province has become an attractive destination for investment, especially in the tourism and real estate sectors, resulting in a dramatic increase in land prices.

Cambodia > Economy

Development projects are given green light

24/12/2018 13:19 | 0 comments

Eleven development projects in the Kingdom were approved by the Council for the Development of Cambodia (CDC), bringing $297 million in total investment and more than 6,000 jobs to the Kingdom’s industry, according to a CDC press release posted on Facebook on Friday.

 
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