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Chinese EV giant BYD plan assembly plant in Cambodia
Jul 15, 2024 · The BYD EV showroom in Phnom Penh. The Chinese electric vehicle manufacturer's sales volume overtook the US' Tesla in the final quarter of 2023.
GDP per capita expected to see 7.8% rise in 2025
Oct 28, 2024 · According to the Office of the Council of Ministers, Cambodia's gross domestic product (GDP) per capita in 2025 is expected to grow to nearly $3,000, reflecting an increase of 7.8% compared to 2024, while economic growth is expected to reach 6.3%.
Textile exports surge by nearly 25% in first three quarters of 2024
Oct 11, 2024 · Cambodia earned nearly $9 billion from the export of textile products to international markets during the first three quarters of 2024, marking an increase of nearly 25% compared to the same period in 2023 and representing almost half of …
New Canadian embassy in Phnom Penh signals closer ties
Oct 11, 2024 · Canada is planning to open an embassy in Phnom Penh in the near future, a move that analysts believe highlights the growing diplomatic relationship between the two countries, while reflecting Cambodia's ongoing efforts to diversify its foreign diplomacy.
$36B infrastructure plan revealed | Phnom Penh Post
In an effort to transform Cambodia into a regional investment hub, the government has launched an initiative to modernise and upgrade infrastructure and logistics systems, presenting an important opportunity for private sector investment.
ABA continues strong growth trajectory in first half of 2024
Jul 31, 2024 · ABA Bank continues to dominate the financial landscape with a stellar performance in the first half of 2024. The bank reported impressive growth across all key metrics, solidifying its position as a key driver of Cambodia's economic development.
Cambodia’s first national teaching hospital set for 2025: ministry
May 23, 2023 · Cambodia is planning to build a National Teaching Hospital that will improve the public health system and produce more medical professionals of a higher calibre, according to the Ministry of Health.
Cambodia Post embarks on rapid modernisation | Phnom Penh Post
Apr 25, 2023 · The Cambodia Post Operational Processes Upgrade – a new project funded by Japan’s Ministry of Internal Affairs and Communications (MIC) through the UN’s Universal Postal Union (UPU) and Japan Post – is expected to transform Cambodia Post from a conventional postal service provider to a significant global player in the e-commerce industry.
Cambodia set to host 12th general assembly of ICAPP
Dec 17, 2023 · Cambodia will host the 12th General Assembly of the International Conference of Asian Political Parties (ICAPP) in November next year. The event represents a significant milestone, showcasing the successful convergence of political parties from 52 Asian countries and partner institutions from various regions.