Business News

US$500-worth Tyre Factory Breaks Ground in Svay Rieng Province

AKP Phnom Penh, January 13, 2025 -- Another new tyre manufacturer has broken ground on Jan. 12 in a special economic zone in Bavet city, Svay Rieng province with an investment capital of approximately US$500 million, expecting to create approximately 1,000 jobs for the locals. The groundbreaki...

New Special Economic Zone Launched in Sihanoukville

AKP Phnom Penh, January 11, 2025 -- ISI Special Economic Zone, a new landmark development spanning over 800 hectares in Sihanoukville, Preah Sihanouk province, spearheaded by ISI GROUP in collaboration with capital partners, was officially launched on Jan. 10. The grand launching ceremony was...

Cambodia Earns Nearly US$500 Million from Milled Rice Export in 2024

AKP Phnom Penh, January 11, 2025 -- Cambodia exported some 651,000 tonnes of milled rice to international markets last year, a slight decrease of 0.7 percent from 656,000 tonnes in 2023, according to a report from the Cambodia Rice Federation. However, the Kingdom earned US$491 million from ri...

Cambodia Attracts US$6.9 Billion Investments in 2024

AKP Phnom Penh, January 11, 2025 -- Cambodia attracted 414 investment projects worth US$6.9 billion in 2024, up 40 percent from US$4.92 billion in 2023, generating over 320,000 jobs, a report from the Council for the Development of Cambodia (CDC) showed. The new investment projects mainly focu...

Potential Agricultural Products See Remarkable Surge in Exports

AKP Phnom Penh, January 10, 2024 -- Cambodia saw a significant surge in export of potential agricultural products in the first 11 months in 2024. The main products Cambodia exported in the said period included rice, bananas, mangoes, cassava, cashew nuts, corn, pepper and tobacco. From Janu...

Cambodia’s Trade Up 16 Percent to Over US$54 Billion in 2024

AKP Phnom Penh, January 10, 2024 -- Cambodia’s international trade has seen a significant increase in 2024, growing by 16 percent to US$54.74 billion, from US$46.82 billion in 2023, a report from the General Department of Customs and Excise of Cambodia showed on Jan. 10. The Kingdom exported U...

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