December 6, 2021

Category: Market

Market

Cambodia Committed to Support Sustainable and Equitable “Blue Economy”

Cambodia is committed to support the “Blue Economy” principle for sustainable and equitable socio-economic development in the world. The commitment was underscored by the Minister of Environment H.E. Say Samal on Dec. 2 when chairing the 7th Ministerial Forum at the East Asia Summit Conference on Maritime Security Cooperation 2021 hosted by Cambodia at the […]

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Market

Cambodia-China Bilateral Trade Tops US$8.9 Billion in Ten Months

The two-way trade between Cambodia and China reached US$8,931 million in the first ten months of this year, a year-on-year increase of 38.56 percent. Figures from the Chinese Embassy in Cambodia stated that from January to October 2021, Cambodia exported US$1,222 million worth of goods to China, a 49 percent increase compared to the same […]

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Market

FAO Sees Bumper Rice Crop in Cambodia This Year

The Food and Agricultural Organisation of the United Nations (FAO) expects an exceptionally large rice harvest in Cambodia this year with yields in Vietnam and Thailand forecast to be around average. “Bumper outputs are expected in Bangladesh, Cambodia, China (mainland), India, the Philippines and Nepal,” it said in the Asia section of its quarterly crop […]

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Market

Adult Entertainment Businesses Allowed to Resume in New Normal

Phnom Penh municipal administration has authorised the adult entertainment business activities such as KTVs, bars, and nightclubs to resume, but in the new normal. The new directive was made public this morning, thus considering null and void that of yesterday on continued closure of those businesses until Dec. 5, 2021. According to the new directive, […]

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Market

Czech Republic to Boost Trade Cooperation with Cambodia

The Czech Republic will continue to promote the cooperation with Cambodia in the areas of trade, investment and tourism. The commitment was emphasised by H.E. Martini Vavra, newly appointed Ambassador of the Czech Republic to Cambodia, while paying a courtesy call on Samdech Akka Moha Ponhea Chakrei Heng Samrin, President of the National Assembly (NA) […]

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Market

Access to Finance for SMEs Promoted

The Khmer Enterprise (KE), a unit under the Ministry of Economy and Finance, and the Cambodia Microfinance Association (CMA) has entered a cooperation agreement on promoting the access to finance for entrepreneurs and SMEs in the ecosystem of Cambodia. The MoU on the cooperation was signed by H.E. Dr. Chhieng Vanmunin, CEO of KE, and […]

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Market

Plot thickens in saga of Cambodian prince’s failed soccer club bid

The remarkable tale of Cambodian Prince Norodom Ravichak’s abortive takeover of French soccer club Saint Etienne took even more bizarre twists when the prince granted an interview to sports daily L’Equipe. Published in a two-page spread on Nov. 17, the Q&A was illustrated with a photo of the besuited prince taken the day before at […]

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Market

Foreign Direct Investment in Cambodia Up 9.6 percent in First Semester

Cambodia attracted new foreign direct investment (FDI) of US$39 billion in capital at the end of the first semester of this year, a year-on-year increase of 9.6 percent, the National Bank of Cambodia’s statistics showed on Saturday. China was the largest source of registered FDI with US$17.3 billion or 44.2 percent of the total registered […]

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Market

Cambodia, Vietnam Boost Banking Development Cooperation

Cambodia and Vietnam are committed to strengthen the cooperation between the two countries’ central banks. The commitment was made in a recent meeting between H.E. Chea Chanto, Governor of the National Bank of Cambodia (NBC) and H.E. Ms. Nguyen Thi Hong, Governor of the State Bank of Vietnam (SBV) through a videoconference. H.E. Ms. Nguyen […]

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