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Trade deficit contracts as exports see slight increase

11 December 2023 | 19:45

Cambodia exported goods totalling more than $20 billion during the first 11 months of 2023, marking a slight increase compared to the same period last year. The country’s trade deficit has shown a positive shift, declining from over $3 billion to just above $1.5 billion, as reported by the General Department of Customs and Excise (GDCE) on December 11.

IDH’s LABS to ‘boost working conditions’ for apparel sector

11 December 2023 | 19:39

Approximately one million workers in the apparel sector across four countries – Cambodia, Vietnam, Indonesia and India – have benefited from Sustainable Trade Initiative’s (IDH) Life and Building Safety (LABS) worker protection programme.

Kingdom to issue bonds worth $28B for progress

11 December 2023 | 19:39

The Ministry of Economy and Finance plans to raise approximately 28 billion riel ($6.8 million) through the issuance of sovereign bonds via the National Bank of Cambodia’s (NBC) online trading platform (NBCP), aiming to garner additional funds from the capital market for public investments. 

Strategic debt management supports growth

11 December 2023 | 19:30

Cambodia signed concessional loan agreements with development partners for nearly $230 million in Q3 2023. This increased public debt to more than $10 billion, of which over 99% is foreign, with the country paying off more than $190 million in obligations during the period

Construction approvals down, investment up

10 December 2023 | 22:20

Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022.