Category Archives: Market

MoUs on Trade Promotion Signed

Ministry of Commerce has signed two separate MoUs with two private companies to strengthen cooperation on trade promotion. The signing ceremony took place early this week under the witness of H.E. Reach Ra, Secretary of State for the Ministry of

20,000 Job Opportunities for Cambodian Migrant Workers from Thailand

The Royal Government of Cambodia is ready to offer, via National Employment Agency (NEA), more than 20,000 jobs for Cambodian workers returning from Thailand. The information was shared recently by H.E. Hay Hunleng, Director of NEA, adding that the job

6th Meeting on Trading Strategy to Optimise Benefits from Free Trade Agreement

Ministry of Commerce has recently organised the 6th Meeting on Trading Strategy to optimise the benefits from the Free Trade Agreement (FTA). The meeting was led by H.E. Pen Sovicheat, Under-Secretary of State for the Ministry of Commerce, with participation

MoU on Agri-business Value Chain Development Signed

Ministry of Commerce and Yamato Green Co., Ltd. signed here on Jan. 6 a Memorandum of Understanding (MoU) on the Agri-business Value Chain Development to strengthen the productivity and quality of products to meet the market’s demand. The event was

World Bank sees Cambodia Growing at 4 percent in 2021

The World Bank has forecast four percent growth for Cambodia this year after the economy shrank by an estimated two percent in 2021. In its Global Economic Prospects report released in Washington Tuesday, it also forecast that Cambodia’s growth would

Cambodian Growth to Achieve 4 Percent This Year

Cambodia’s national economic growth in 2021 will achieve at least 4 percent, according to the Macroeconomic and Banking Sector Update 2020 report by the National Bank of Cambodia (NBC). The newly released report also acknowledges other growth forecasts by international

Cambodia Extracts First Oil Drop Today

Cambodia’s oil production starts today, giving the Kingdom the first oil drop after nearly a decade of production process. The first oil drop extraction was announced by Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom

Cambodia’s Gold Reserves Reach More Than 44 Tonnes

Cambodia has in total 44.400 tonnes of gold in reserve for sustainable macro-economy in the country, pointed out Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen in his special statement broadcast live from his residence in Takhmao town,

Cambodia Earns US$5.3 Billion as Tax and Customs Revenue in 2020

The Royal Government of Cambodia collected US$5.3 billion as tax and customs revenues in 2020, although the Kingdom’s economy is being hit by the COVID-19 crisis. Speaking in a special message to his compatriots this morning, Prime Minister Samdech Akka

Trading Policy and Strategy Reviewed

The Ministry of Commerce has begun the review of the policy and strategy for Free Trade Agreement (FTA) to optimise its benefits both for Cambodia and concerned parties. The first session of the policy and strategy review was chaired by