by Teuvo Tuomi | Feb 22, 2024 | Cambodia, Economy, News
Cambodia’s Ministry of Economy and Finance predicts that the economy will grow by approximately 6.6% in 2024, despite external challenges like geopolitical tensions and a global economic slowdown. The projection is based on improvements in the non-garment sector...
by Teuvo Tuomi | Jan 24, 2024 | Cambodia, Business, News
Cambodia is moving up the ranks to become the world’s 8th largest garment exporter as per data from the World Trade Organisation. This is a big improvement from 2021 when a WTO report had pegged the country at the 11th spot. In 2021, the world’s top ten exporters were...
by Teuvo Tuomi | Jan 16, 2024 | Cambodia, Economy, News
Cambodia exported about 11 billion US dollars worth of garment, footwear, and travel products in 2023, decreasing 12%, the General Department of Customs and Excise reports. Apparel and textiles accounted for over 8 billion dollars in 2023, a drop of 11% from a year...
by Teuvo Tuomi | Dec 17, 2023 | Cambodia, Economy, News
Cambodia stands at the forefront of foreign direct investment (FDI) in Southeast Asia, buoyed by a solid economic recovery. The International Monetary Fund (IMF) projects the country’s growth to reach 6.1% next year, as highlighted in the annual FDI Standouts...
by Teuvo Tuomi | Nov 28, 2023 | Cambodia, News, Travel
Cambodia’s Ministry of Interior will launch a “Cambodia e-Arrival” at two police posts of Preah Sihanouk International Airport and Phnom Penh International Airport. The system will facilitate passengers entering Cambodia in filling out required forms in advance...
